Average Rent in Cumberland, NC

Home  »  NC  »  Cumberland

Current Versus Historical Cumberland, NC Rents

Cumberland rentals average $800 for a 1-bedroom rental to $2,100 for a 4-bedroom rental. The median price of all currently available listings is $1,450, or roughly $1 per square feet.
For the apartment units and housing in November 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $301 (16.58%) year-over-year from $1,813 to $2,114. 1-bedroom rentals prices have decreased by $42 (-4.95%) year-over-year from $842 to $800. 2-bedroom rentals prices have increased by $27 (2.61%) year-over-year from $1,023 to $1,050. 3-bedroom rentals prices have increased by $83 (5.88%) year-over-year from $1,417 to $1,500. 4-bedroom rentals prices have increased by $193 (10.14%) year-over-year from $1,907 to $2,100. 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 down by 0.00% this month. 1-bedroom rents have gone up by 0.42% this month. 2-bedroom rents have gone up by 0.10% this month. 3-bedroom rents have gone up by 1.47% this month. 4-bedroom rents have gone up by 3.28% this month.
Beds
Price / Sqft
Nov 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.06 $800 $842 (-4.95%) $732 (9.26%)
2 BR $1.05 $1,050 $1,023 (2.61%) $862 (21.86%)
3 BR $1.10 $1,500 $1,417 (5.88%) $1,195 (25.52%)
4+ BR $0.96 $2,100 $1,907 (10.14%) $1,715 (22.45%)

Historical Rents in Cumberland, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Cumberland

There are a total of 1 cities nearby Cumberland. The average rent in Cumberland is currently $1,398 per month. Only one city nearby has an average rent lower than that. Our records show that Fayetteville, NC, with an average rent of $1,398, is the most affordable city nearby. In contrast, the most expensive city near Cumberland, NC is Fayetteville, NC. Monthly rents here are on average $1,398 per month.

Let's compare Cumberland, NC's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in Cumberland, NC are about 2.38% more affordable. Finally, rent for three bedrooms are on par with the other cities nearby. Want more information? Check out the top 1 cities near Cumberland, NC in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $800 $1,075 $1,398

Top Neighborhoods Near Cumberland

There are a total of 3 neighborhoods in or near Cumberland. Some of these neighborhoods include Terry Sanford, Westover, and Seventy-First. We've included all of these top 3 neighborhoods in or near Cumberland, NC in the following chart.

The average rent for these 3 neighborhoods in or near Cumberland, NC is currently around $1,350 per month. A total of 2 neighborhoods have a lower average rent. Meaning, only a single neighborhood out of these neighborhoods has a higher average rent. Out of all the neighborhoods in or near Cumberland, Terry Sanford has the most affordable average rent at $1,300 per month. Whereas, at $1,475 average rent per month, Seventy-First is the most expensive neighborhood in or near Cumberland. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Terry Sanford, Fayetteville, NC N/A $700 $990 $1,300
Westover, Fayetteville, NC N/A $750 $1,100 $1,350
Seventy-First, Fayetteville, NC N/A $825 $973 $1,475

Top Counties Near Cumberland

There are a total of 3 counties located by Cumberland, NC. The average rent for rentals in these counties is $1,848. That's roughly around $1 per sqft. The county that is the most affordable is Johnston, NC. It's average rent per month is $1,795. Vice versa, with an average rent of $1,900, Harnett, NC is the most expensive county by Cumberland, NC.

In comparison, rent for one bedroom listings in Cumberland, NC is 29.34% more affordable than other counties nearby. Finally, rent for two bedrooms in Cumberland, NC is 30.71% more affordable than other counties nearby. We've listed the top 2 counties in the chart below.
County Studio 1 Bed 2 Bed All
Johnston, NC N/A $1,075 $1,450 $1,795
Harnett, NC N/A $995 $1,295 $1,900

Top Zipcodes Near Cumberland



You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All

Frequently Asked Questions - Cumberland Average Rents

What is the average rent price in Cumberland, NC?
The average monthly rental price for Cumberland, NC apartments for rent is approximately $1,450. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Cumberland, 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 Cumberland, NC.
How much is a studio apartment in Cumberland, 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 Cumberland.
How much is a one bedroom apartment in Cumberland, NC?
The average monthly rental price for one bedroom apartments is $800 and an average price per square feet of $1.06. There are a total of 31 one bedroom apartment listings currently available for rent in Cumberland.
How much is a two bedroom apartment in Cumberland, NC?
The average monthly rental price for two bedroom apartments is $1,050 and an average price per square feet of $1.05. There are a total of 99 two bedroom apartment listings currently available for rent in Cumberland.
How have rent prices in Cumberland, NC changed this year?
Rent prices for rentals in Cumberland, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.17%, one bedroom rental prices have changed by -0.05%, two bedroom rental prices have changed by 0.03%, and three bedroom rental prices have changed by 0.06% year-over-year.
What is a reasonable rent price in Cumberland, NC?
A reasonable rent price in Cumberland, NC is around $1,160/month. You can search for these reasonably priced rental listings on RentHop.
Quantcast