Average Rent in Cedar Fork, Cary, NC

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Current Versus Historical Cedar Fork, Cary, NC Rents

Cedar Fork rentals average $1,350 for a 1-bedroom rental to $2,500 for a 4-bedroom rental. The median price of all currently available listings is $2,173, or roughly $1 per square feet.

For the apartment units and housing in November 2024, median rents have risen over the last year. Studio rentals prices have decreased by $166 (-8.21%) year-over-year from $2,017 to $1,852. 1-bedroom rentals prices have increased by $130 (7.41%) year-over-year from $1,754 to $1,884. 2-bedroom rentals prices have increased by $33 (1.47%) year-over-year from $2,262 to $2,295. 3-bedroom rentals prices have increased by $156 (7.35%) year-over-year from $2,117 to $2,273. 4-bedroom rentals prices have increased by $24 (0.98%) year-over-year from $2,476 to $2,500. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 0.74% this month. 1-bedroom rents have gone up by 3.57% this month. 2-bedroom rents have gone up by 0.83% this month. 3-bedroom rents have gone up by 0.70% this month. 4-bedroom rents have gone down by 2.53% this month.

Beds	Price / Sqft	Nov 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$1.35	$1,884	$1,754 (7.41%)	$1,754 (7.41%)
2 BR	$1.33	$2,295	$2,262 (1.47%)	$2,262 (1.47%)
3 BR	$1.16	$2,273	$2,117 (7.35%)	$2,161 (5.16%)
4+ BR	$1.00	$2,500	$2,476 (0.98%)	$2,448 (2.11%)

Historical Rents in Cedar Fork, Cary, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Cedar Fork

There are a total of 3 cities nearby Cedar Fork. The average rent in Cedar Fork is currently $1,983 per month. A total of 2 cities nearby have an average rent lower than that. Our records show that Raleigh, NC, with an average rent of $1,880, is the most affordable city nearby. In contrast, the most expensive city near Cedar Fork, Cary, NC is Cary, NC. Monthly rents here are on average $2,250 per month.

Let's compare Cedar Fork, Cary, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Cedar Fork, Cary, NC is inf% more affordable than other cities nearby. One bedrooms are about 11.11% more affordable. Two bedrooms in Cedar Fork, Cary, NC are about 1.45% more expensive. Finally, rent for three bedrooms are about 4.95% more expensive. Want more information? Check out the top 3 cities near Cedar Fork, Cary, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Raleigh, NC	$1,750	$1,250	$1,700	$1,880
Durham, NC	$1,225	$1,500	$1,695	$1,983
Cary, NC	N/A	$1,527	$1,750	$2,250

Top Neighborhoods Near Cedar Fork

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Cedar Fork

Some of these counties include Orange, NC, Wake, NC, and Durham, NC. The average rent for rentals in these counties is $2,000. That's roughly around $1 per sqft. A total of 3 counties have a lower average rent. The county that is the most affordable is Orange, NC. It's average rent per month is $1,995. Vice versa, with an average rent of $2,000, Durham, NC is the most expensive county by Cedar Fork, Cary, NC.

Typically, rent for studios in Cedar Fork, Cary, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in Cedar Fork, Cary, NC is 2.89% more expensive than other counties nearby. Finally, rent for two bedrooms in Cedar Fork, Cary, NC is 1.45% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Orange, NC	N/A	$1,113	$1,695	$1,995
Wake, NC	$1,795	$1,311	$1,700	$2,000
Durham, NC	$1,400	$1,500	$1,725	$2,000

Top Zipcodes Near Cedar Fork

There are a total of 4 zipcodes in or near Cedar Fork, Cary, NC. The average rent for all of these zipcodes is $2,094. A total of 2 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27606, Wake County, NC at $1,625 per month. In comparison, the zipcode with the most expensive average rent of $2,395 per month is 27519, Cary, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Cedar Fork, Cary, NC is $1,070 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,473 per month. Which comes out to $1 per sqft. The following chart includes the top 4 zipcodes in Cedar Fork, Cary, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
27519, Cary, NC	N/A	$1,527	$2,135	$2,395
27560, Morrisville, NC	N/A	$1,538	$1,595	$2,195
27587, Wake Forest, NC	N/A	N/A	N/A	$1,993
27606, Wake County, NC	N/A	$613	$1,350	$1,625

Frequently Asked Questions - Cedar Fork Average Rents

What is the average rent price in Cedar Fork, Cary, NC?

The average monthly rental price for Cedar Fork, Cary, NC apartments for rent is approximately $2,173. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Cedar Fork, Cary, NC rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Cedar Fork, Cary, NC.

How much is a studio apartment in Cedar Fork, Cary, NC?

The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 0 studio apartment listings currently available for rent in Cedar Fork.

How much is a one bedroom apartment in Cedar Fork, Cary, NC?

The average monthly rental price for one bedroom apartments is $1,350 and an average price per square feet of $1.35. There are a total of 5 one bedroom apartment listings currently available for rent in Cedar Fork.

How much is a two bedroom apartment in Cedar Fork, Cary, NC?

The average monthly rental price for two bedroom apartments is $1,725 and an average price per square feet of $1.33. There are a total of 16 two bedroom apartment listings currently available for rent in Cedar Fork.

How have rent prices in Cedar Fork, Cary, NC changed this year?

Rent prices for rentals in Cedar Fork, Cary, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.08%, one bedroom rental prices have changed by 0.07%, two bedroom rental prices have changed by 0.01%, and three bedroom rental prices have changed by 0.07% year-over-year.

What is a reasonable rent price in Cedar Fork, Cary, NC?

A reasonable rent price in Cedar Fork, Cary, NC is around $1,738/month. You can search for these reasonably priced rental listings on RentHop.