Average Rent in 28304, Fayetteville, NC

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Current Versus Historical 28304, Fayetteville, NC Rents

28304 rentals average $800 for a 1-bedroom rental to $1,798 for a 4-bedroom rental. The median price of all currently available listings is $1,250, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $2,201 (146.73%) year-over-year from $1,500 to $3,701. 1-bedroom rentals prices have increased by $14 (1.71%) year-over-year from $831 to $845. 2-bedroom rentals prices have decreased by $139 (-13.39%) year-over-year from $1,039 to $900. 3-bedroom rentals prices have increased by $103 (7.41%) year-over-year from $1,394 to $1,498. 4-bedroom rentals prices have decreased by $253 (-11.74%) year-over-year from $2,150 to $1,898. 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 39.64% this month. 1-bedroom rents have gone down by 1.36% this month. 2-bedroom rents have gone down by 8.63% this month. 3-bedroom rents have gone up by 3.34% this month. 4-bedroom rents have gone up by 10.12% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.13 $845 $831 (1.71%) $526 (60.70%)
2 BR $0.99 $900 $1,039 (-13.39%) $783 (15.02%)
3 BR $1.13 $1,498 $1,394 (7.41%) $1,100 (36.14%)
4+ BR $0.97 $1,898 $2,150 (-11.74%) $1,732 (9.58%)

Historical Rents in 28304, Fayetteville, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28304

There are a total of 1 cities nearby 28304. The average rent in 28304 is currently $1,295 per month. Our records show that Fayetteville, NC, with an average rent of $1,295, is the most affordable city nearby. In contrast, the most expensive city near 28304, Fayetteville, NC is Fayetteville, NC. Monthly rents here are on average $1,295 per month.

Let's compare 28304, Fayetteville, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 5.62% more affordable. Two bedrooms in 28304, Fayetteville, NC are about 10.56% more affordable. Finally, rent for three bedrooms are about 0.17% more expensive. Want more information? Check out the top 1 cities near 28304, Fayetteville, NC in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $845 $995 $1,295

Top Neighborhoods Near 28304



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 28304

The average rent for rentals in these counties is $1,300. That's roughly around $1 per sqft. The county that is the most affordable is Cumberland, NC. It's average rent per month is $1,300. Vice versa, with an average rent of $1,300, Cumberland, NC is the most expensive county by 28304, Fayetteville, NC.

In comparison, rent for one bedroom listings in 28304, Fayetteville, NC is on par with the other counties nearby. Finally, rent for two bedrooms in 28304, Fayetteville, NC is 10.56% 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 $800 $995 $1,300

Top Zipcodes Near 28304

There are a total of 2 zipcodes in or near 28304, Fayetteville, NC. The average rent for all of these zipcodes is $1,213.

The following chart includes the top 2 zipcodes in 28304, 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 $995 $1,300
28303, Fayetteville, NC N/A N/A $913 $1,125

Frequently Asked Questions - 28304 Average Rents

What is the average rent price in 28304, Fayetteville, NC?
The average monthly rental price for 28304, Fayetteville, NC apartments for rent is approximately $1,250. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28304, 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 28304, Fayetteville, NC.
How much is a studio apartment in 28304, 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 28304.
How much is a one bedroom apartment in 28304, Fayetteville, NC?
The average monthly rental price for one bedroom apartments is $800 and an average price per square feet of $1.13. There are a total of 11 one bedroom apartment listings currently available for rent in 28304.
How much is a two bedroom apartment in 28304, Fayetteville, NC?
The average monthly rental price for two bedroom apartments is $900 and an average price per square feet of $0.99. There are a total of 18 two bedroom apartment listings currently available for rent in 28304.
How have rent prices in 28304, Fayetteville, NC changed this year?
Rent prices for rentals in 28304, Fayetteville, NC can fluctuate yearly. Specifically, studio rental prices have changed by 1.47%, one bedroom rental prices have changed by 0.02%, two bedroom rental prices have changed by -0.13%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in 28304, Fayetteville, NC?
A reasonable rent price in 28304, Fayetteville, NC is around $1,000/month. You can search for these reasonably priced rental listings on RentHop.
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