Average Rent in 28314, Fayetteville, NC

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Current Versus Historical 28314, Fayetteville, NC Rents

28314 rentals average $885 for a 1-bedroom rental to $1,973 for a 4-bedroom rental. The median price of all currently available listings is $1,400, or roughly $1 per square feet.
For the apartment units and housing in April 2024, median rents have fallenover the last year. Studio rentals prices have decreased by $273 (-16.54%) year-over-year from $1,648 to $1,375. 1-bedroom rentals prices have decreased by $70 (-6.56%) year-over-year from $1,068 to $998. 2-bedroom rentals prices have increased by $5 (0.42%) year-over-year from $1,183 to $1,188. 3-bedroom rentals prices have increased by $92 (6.53%) year-over-year from $1,403 to $1,495. 4-bedroom rentals prices have increased by $107 (5.79%) year-over-year from $1,843 to $1,950. 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 188.26% this month. 1-bedroom rents have gone up by 5.84% this month. 2-bedroom rents have gone up by 2.53% this month. 3-bedroom rents have gone up by 1.47% this month. 4-bedroom rents have gone up by 13.32% this month.
Beds
Price / Sqft
Apr 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $1.03 $998 $1,068 (-6.56%) $657 (51.84%)
2 BR $1.09 $1,188 $1,183 (0.42%) $908 (30.73%)
3 BR $1.10 $1,495 $1,403 (6.53%) $1,124 (32.99%)
4+ BR $1.10 $1,950 $1,843 (5.79%) $1,474 (32.28%)

Historical Rents in 28314, Fayetteville, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 28314

There are a total of 1 cities nearby 28314. The average rent in 28314 is currently $1,350 per month. Only one city nearby has an average rent lower than that. Our records show that Fayetteville, NC, with an average rent of $1,350, is the most affordable city nearby. In contrast, the most expensive city near 28314, Fayetteville, NC is Fayetteville, NC. Monthly rents here are on average $1,350 per month.

Let's compare 28314, Fayetteville, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 4.52% more expensive. Two bedrooms in 28314, Fayetteville, NC are about 9.55% more expensive. Finally, rent for three bedrooms are about 1.87% more affordable. Want more information? Check out the top 1 cities near 28314, Fayetteville, NC in the following chart.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $845 $995 $1,350

Top Neighborhoods Near 28314

There are a total of 3 neighborhoods in or near 28314. Some of these neighborhoods include Westover, Terry Sanford, and Seventy-First. We've included all of these top 3 neighborhoods in or near 28314, Fayetteville, NC in the following chart.

The average rent for these 3 neighborhoods in or near 28314, Fayetteville, NC is currently around $1,290 per month. A total of 3 neighborhoods have a lower average rent. Out of all the neighborhoods in or near 28314, 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 28314. 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 28314

There are a total of 3 counties located by 28314, 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. A total of 1 counties have a lower average rent. 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 28314, Fayetteville, NC.

Typically, rent for studios in 28314, Fayetteville, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 28314, Fayetteville, NC is 7.06% more expensive than other counties nearby. Finally, rent for two bedrooms in 28314, Fayetteville, NC is 35.91% 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 28314

There are a total of 2 zipcodes in or near 28314, Fayetteville, NC. The average rent for all of these zipcodes is $1,245. 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 28303, Fayetteville, NC at $1,125 per month. In comparison, the zipcode with the most expensive average rent of $1,365 per month is 28304, Fayetteville, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 28314, Fayetteville, NC is $724 per month. Or in other words, $1 per sqft. Meanwhile, two bedroom apartments will cost you an average of $910 per month. Which comes out to $1 per sqft. The following chart includes the top 2 zipcodes in 28314, Fayetteville, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
28304, Fayetteville, NC N/A $798 $925 $1,365
28303, Fayetteville, NC N/A $650 $895 $1,125

Frequently Asked Questions - 28314 Average Rents

What is the average rent price in 28314, Fayetteville, NC?
The average monthly rental price for 28314, Fayetteville, NC apartments for rent is approximately $1,400. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 28314, 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 28314, Fayetteville, NC.
How much is a studio apartment in 28314, 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 28314.
How much is a one bedroom apartment in 28314, Fayetteville, NC?
The average monthly rental price for one bedroom apartments is $885 and an average price per square feet of $1.03. There are a total of 2 one bedroom apartment listings currently available for rent in 28314.
How much is a two bedroom apartment in 28314, Fayetteville, NC?
The average monthly rental price for two bedroom apartments is $1,100 and an average price per square feet of $1.09. There are a total of 17 two bedroom apartment listings currently available for rent in 28314.
How have rent prices in 28314, Fayetteville, NC changed this year?
Rent prices for rentals in 28314, Fayetteville, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.17%, one bedroom rental prices have changed by -0.07%, two bedroom rental prices have changed by 0.00%, and three bedroom rental prices have changed by 0.07% year-over-year.
What is a reasonable rent price in 28314, Fayetteville, NC?
A reasonable rent price in 28314, Fayetteville, NC is around $1,120/month. You can search for these reasonably priced rental listings on RentHop.
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