Average Rent in Cary, NC

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Current Versus Historical Cary, NC Rents

Cary rentals average $1,900 for a studio rental to $2,750 for a 4-bedroom rental. The median price of all currently available listings is $2,300, or roughly $1 per square feet.

For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1,027 (66.96%) year-over-year from $1,533 to $2,560. 1-bedroom rentals prices have decreased by $348 (-27.13%) year-over-year from $1,282 to $934. 2-bedroom rentals prices have increased by $28 (1.70%) year-over-year from $1,667 to $1,695. 3-bedroom rentals prices have increased by $32 (1.46%) year-over-year from $2,163 to $2,195. 4-bedroom rentals prices have increased by $94 (3.58%) year-over-year from $2,631 to $2,725. 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 74.35% this month. 1-bedroom rents have gone up by 2.34% this month. 2-bedroom rents have gone up by 1.29% this month. 3-bedroom rents have gone up by 6.47% this month. 4-bedroom rents have gone down by 2.36% this month.

Beds	Price / Sqft	May 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$3.90	$2,560	$1,533 (66.96%)	$530 (383.02%)
2 BR	$1.30	$1,695	$1,667 (1.70%)	$1,340 (26.49%)
3 BR	$1.18	$2,195	$2,163 (1.46%)	$1,747 (25.67%)
4+ BR	$1.08	$2,725	$2,631 (3.58%)	$2,182 (24.90%)

Historical Rents in Cary, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Cary

There are a total of 2 cities nearby Cary. The average rent in Cary is currently $2,024 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 $1,950, is the most affordable city nearby. In contrast, the most expensive city near Cary, NC is Durham, NC. Monthly rents here are on average $2,098 per month.

Let's compare Cary, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Cary, NC is 30.33% more expensive than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in Cary, NC are about 4.57% more affordable. Finally, rent for three bedrooms are about 6.93% more expensive. Want more information? Check out the top 2 cities near Cary, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Raleigh, NC	$1,350	$1,367	$1,750	$1,950
Durham, NC	$1,298	$1,780	$1,800	$2,098

Top Neighborhoods Near Cary

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Cary

Some of these counties include Orange, NC, Wake, NC, and Durham, NC. The average rent for rentals in these counties is $2,100. 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 $1,885. Vice versa, with an average rent of $2,150, Durham, NC is the most expensive county by Cary, NC.

Typically, rent for studios in Cary, NC is 31.58% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Cary, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in Cary, NC is 2.44% more affordable 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	$1,375	$1,695	$1,885
Wake, NC	$1,800	$1,384	$1,739	$2,100
Durham, NC	$1,300	$1,780	$1,923	$2,150

Top Zipcodes Near Cary

There are a total of 5 zipcodes in or near Cary, NC. The average rent for all of these zipcodes is $2,050. A total of 4 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27610, Raleigh, NC at $1,850 per month. In comparison, the zipcode with the most expensive average rent of $2,450 per month is 27519, Cary, NC.

Meanwhile, two bedroom apartments will cost you an average of $1,800 per month. Which comes out to $1 per sqft. The following chart includes the top 5 zipcodes in 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	N/A	$1,895	$2,450
27610, Raleigh, NC	N/A	N/A	$1,500	$1,850
27703, Durham County, NC	N/A	N/A	$1,550	$2,198
27603, Garner, NC	$850	$600	$1,800	$2,050
27701, Durham, NC	$1,298	$1,800	$2,498	$1,950

Frequently Asked Questions - Cary Average Rents

What is the average rent price in Cary, NC?

The average monthly rental price for Cary, NC apartments for rent is approximately $2,300. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 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 Cary, NC.

How much is a studio apartment in Cary, NC?

The average monthly rental price for studio apartments is $1,900 and an average price per square feet of $3.90. There are a total of 2 studio apartment listings currently available for rent in Cary.

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

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

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

The average monthly rental price for two bedroom apartments is $1,698 and an average price per square feet of $1.30. There are a total of 14 two bedroom apartment listings currently available for rent in Cary.

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

Rent prices for rentals in Cary, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.67%, one bedroom rental prices have changed by -0.27%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.01% year-over-year.

What is a reasonable rent price in Cary, NC?

A reasonable rent price in Cary, NC is around $1,840/month. You can search for these reasonably priced rental listings on RentHop.