Average Rent in 28303, Fayetteville, NC

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Current Versus Historical 28303, Fayetteville, NC Rents

28303 rentals average $650 for a 1-bedroom rental to $2,050 for a 4-bedroom rental. The median price of all currently available listings is $1,125, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have decreased by $282 (-12.34%) year-over-year from $2,282 to $2,000. 1-bedroom rentals prices have increased by $2 (0.20%) year-over-year from $848 to $850. 2-bedroom rentals prices have increased by $68 (7.44%) year-over-year from $908 to $975. 3-bedroom rentals prices have increased by $33 (2.27%) year-over-year from $1,467 to $1,500. 4-bedroom rentals prices have decreased by $15 (-0.73%) year-over-year from $2,065 to $2,050. 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 34.75% this month. 1-bedroom rents have gone up by 5.33% this month. 2-bedroom rents have gone down by 4.72% this month. 3-bedroom rents have gone up by 4.05% this month. 4-bedroom rents have gone up by 9.87% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $0.87 $850 $848 (0.20%) $622 (36.73%)
2 BR $1.06 $975 $908 (7.44%) $783 (24.47%)
3 BR $1.00 $1,500 $1,467 (2.27%) $1,100 (36.36%)
4+ BR $1.00 $2,050 $2,065 (-0.73%) $1,574 (30.26%)

Historical Rents in 28303, Fayetteville, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28303

There are a total of 1 cities nearby 28303. The average rent in 28303 is currently $1,350 per month. Our records show that Fayetteville, NC, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near 28303, Fayetteville, NC is Fayetteville, NC. Monthly rents here are on average $1,350 per month.

Let's compare 28303, Fayetteville, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 30.00% more affordable. Two bedrooms in 28303, Fayetteville, NC are about 11.17% 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 28303, Fayetteville, NC in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $845 $995 $1,350

Top Neighborhoods Near 28303

There are a total of 3 neighborhoods in or near 28303. Some of these neighborhoods include Westover, Terry Sanford, and Seventy-First. We've included all of these top 3 neighborhoods in or near 28303, Fayetteville, NC in the following chart.

The average rent for these 3 neighborhoods in or near 28303, Fayetteville, NC is currently around $1,290 per month. Meaning, only three neighborhoods have a higher average rent than $1,290. Interestingly, the neighborhoods' average rent is higher than 28303's average rent, which is only $1,125. Out of all the neighborhoods in or near 28303, Westover has the most affordable average rent at $1,235 per month. Whereas, at $1,400 average rent per month, Seventy-First is the most expensive neighborhood in or near 28303. View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All
Westover, Fayetteville, NC N/A $650 $995 $1,235
Terry Sanford, Fayetteville, NC N/A $985 $930 $1,290
Seventy-First, Fayetteville, NC N/A $795 $900 $1,400

Top Counties Near 28303

There are a total of 3 counties located by 28303, Fayetteville, NC. Some of these counties include Cumberland, NC, Harnett, NC, and Moore, NC. The average rent for rentals in these counties is $1,825. That's roughly around $1 per sqft. The county that is the most affordable is Cumberland, NC. It's average rent per month is $1,350. Vice versa, with an average rent of $2,500, Moore, NC is the most expensive county by 28303, Fayetteville, NC.

Typically, rent for studios in 28303, Fayetteville, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 28303, Fayetteville, NC is 26.54% more affordable than other counties nearby. Finally, rent for two bedrooms in 28303, Fayetteville, NC is 67.04% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Cumberland, NC N/A $823 $995 $1,350
Harnett, NC $1,938 $1,098 $1,495 $1,825
Moore, NC $387,000 N/A $2,075 $2,500

Top Zipcodes Near 28303

There are a total of 2 zipcodes in or near 28303, Fayetteville, NC. The average rent for all of these zipcodes is $1,383.

The following chart includes the top 2 zipcodes in 28303, Fayetteville, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
28314, Fayetteville, NC N/A $885 $1,100 $1,400
28304, Fayetteville, NC N/A $798 $925 $1,365

Frequently Asked Questions - 28303 Average Rents

What is the average rent price in 28303, Fayetteville, NC?
The average monthly rental price for 28303, Fayetteville, NC apartments for rent is approximately $1,125. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28303, Fayetteville, 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 28303, Fayetteville, NC.
How much is a studio apartment in 28303, Fayetteville, 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 28303.
How much is a one bedroom apartment in 28303, Fayetteville, NC?
The average monthly rental price for one bedroom apartments is $650 and an average price per square feet of $0.87. There are a total of 3 one bedroom apartment listings currently available for rent in 28303.
How much is a two bedroom apartment in 28303, Fayetteville, NC?
The average monthly rental price for two bedroom apartments is $895 and an average price per square feet of $1.06. There are a total of 37 two bedroom apartment listings currently available for rent in 28303.
How have rent prices in 28303, Fayetteville, NC changed this year?
Rent prices for rentals in 28303, Fayetteville, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.12%, one bedroom rental prices have changed by 0.00%, two bedroom rental prices have changed by 0.07%, and three bedroom rental prices have changed by 0.02% year-over-year.
What is a reasonable rent price in 28303, Fayetteville, NC?
A reasonable rent price in 28303, Fayetteville, NC is around $900/month. You can search for these reasonably priced rental listings on RentHop.
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