Average Rent in Chatham, NC

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Current Versus Historical Chatham, NC Rents

Chatham rentals average $1,200 for a 1-bedroom rental to $3,795 for a 4-bedroom rental. The median price of all currently available listings is $2,228, or roughly $16 per square feet.
For the apartment units and housing in June 2026, median rents have fallen substantially over the last year. Studio rentals prices have decreased by $502 (-37.13%) year-over-year from $1,352 to $850. 1-bedroom rentals prices have decreased by $400 (-25.00%) year-over-year from $1,600 to $1,200. 2-bedroom rentals prices have decreased by $508 (-25.31%) year-over-year from $2,008 to $1,500. 3-bedroom rentals prices have increased by $431 (19.03%) year-over-year from $2,264 to $2,695. 4-bedroom rentals prices have decreased by $700 (-18.42%) year-over-year from $3,800 to $3,100. 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 down by 14.29% this month. 2-bedroom rents have gone up by 8.50% this month. 3-bedroom rents have gone up by 12.45% this month. 4-bedroom rents have gone down by 7.37% this month.
Beds
Price / Sqft
Jun 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $19.27 $1,200 $1,600 (-25.00%) $1,303 (-7.87%)
2 BR $17.84 $1,500 $2,008 (-25.31%) $1,591 (-5.69%)
3 BR $15.87 $2,695 $2,264 (19.03%) $2,292 (17.60%)
4+ BR $11.64 $3,100 $3,800 (-18.42%) $3,399 (-8.80%)

Historical Rents in Chatham, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near Chatham

There are a total of 7 cities nearby Chatham. The average rent in Chatham is currently $1,883 per month. A total of 6 cities nearby have an average rent lower than that. Our records show that Greensboro, NC, with an average rent of $1,045, is the most affordable city nearby. In contrast, the most expensive city near Chatham, NC is Cary, NC. Monthly rents here are on average $2,295 per month.

Let's compare Chatham, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 16.25% more affordable. Two bedrooms in Chatham, NC are about 8.87% more affordable. Finally, rent for three bedrooms are about 16.26% more expensive. Want more information? Check out the top 7 cities near Chatham, NC in the following table.
City Studio 1 Bed 2 Bed All
Greensboro, NC $825 $850 $1,045 $1,045
Fayetteville, NC N/A $855 $1,000 $1,490
Raleigh, NC $2,200 $1,398 $1,600 $1,850
Chapel Hill, NC $1,240 $1,707 $1,700 $1,883
Durham, NC $799 $1,395 $1,633 $1,990
Apex, NC N/A $1,321 $1,745 $2,100
Cary, NC $2,348 $1,624 $1,700 $2,295

Top Neighborhoods Near Chatham

There are a total of 2 neighborhoods in or near Chatham. Some of these neighborhoods include Terry Sanford and Westover. We've included all of these top 2 neighborhoods in or near Chatham, NC in the following table.

The average rent for these 2 neighborhoods in or near Chatham, NC is currently around $1,300 per month. A total of 2 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than Chatham's average rent, which is actually $2,228. Out of all the neighborhoods in or near Chatham, Terry Sanford has the most affordable average rent at $1,200 per month. Whereas, at $1,400 average rent per month, Westover is the most expensive neighborhood in or near Chatham. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Terry Sanford, Fayetteville, NC N/A $885 $1,000 $1,200
Westover, Fayetteville, NC N/A $825 $1,025 $1,400

Top Counties Near Chatham

There are a total of 7 counties located by Chatham, NC. Some of these counties include Guilford, NC, Forsyth, NC, and Johnston, NC. The average rent for rentals in these counties is $1,900. That's roughly around $16 per sqft. A total of 7 counties have a lower average rent. The county that is the most affordable is Guilford, NC. Its average rent per month is $1,099. Vice versa, with an average rent of $2,075, Wake, NC is the most expensive county by Chatham, NC.

In comparison, rent for one bedroom listings in Chatham, NC is 0.42% more expensive than other counties nearby. Finally, rent for two bedrooms in Chatham, NC is on par with the other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Guilford, NC $825 $925 $1,045 $1,099
Forsyth, NC N/A $875 $1,050 $1,400
Johnston, NC N/A $1,195 $1,300 $1,800
Harnett, NC $1,500 $1,095 $1,500 $1,900
Orange, NC $1,240 $1,638 $1,710 $1,945
Durham, NC $799 $1,400 $1,685 $1,995
Wake, NC $2,200 $1,450 $1,600 $2,075

Top Zipcodes Near Chatham

There are a total of 15 zipcodes in or near Chatham, NC. The average rent for all of these zipcodes is $1,875. A total of 12 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28303, Fayetteville, NC at $1,273 per month. In comparison, the zipcode with the most expensive average rent of $2,398 per month is 27519, Cary, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Chatham, NC is $1,442 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,648 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in Chatham, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
27502, Wake County, NC N/A $1,442 $1,745 $2,250
27519, Cary, NC $2,400 $1,624 $1,950 $2,398
27560, Morrisville, NC $2,125 $1,454 $1,800 $2,250
27703, Durham County, NC N/A $1,254 $1,700 $2,125
27610, Raleigh, NC $2,200 $895 $1,295 $1,859
27603, Garner, NC $2,000 $1,738 $2,250 $1,995
28314, Fayetteville, NC N/A $748 $1,100 $1,550
27705, Durham County, NC $799 $1,450 $1,700 $1,875
27606, Wake County, NC $1,625 $995 $1,300 $1,500
28303, Fayetteville, NC N/A $825 $975 $1,273

Frequently Asked Questions - Chatham Average Rents

What is the average rent price in Chatham, NC?
The average monthly rental price for Chatham, NC apartments for rent is approximately $2,228. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do Chatham, 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 Chatham, NC.
How much is a one bedroom apartment in Chatham, NC?
The average monthly rental price for one bedroom apartments is $1,200 and an average price per square feet of $19.27. There are a total of 9 one bedroom apartment listings currently available for rent in Chatham.
How much is a two bedroom apartment in Chatham, NC?
The average monthly rental price for two bedroom apartments is $1,500 and an average price per square feet of $17.84. There are a total of 13 two bedroom apartment listings currently available for rent in Chatham.
How have rent prices in Chatham, NC changed this year?
Rent prices for rentals in Chatham, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.37%, one bedroom rental prices have changed by -0.25%, two bedroom rental prices have changed by -0.25%, three bedroom rental prices have changed by 0.19% year-over-year.
What is a reasonable rent price in Chatham, NC?
A reasonable rent price in Chatham, NC is around $1,782/month. You can search for these reasonably priced rental listings on RentHop.
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