The Residences at the Prince Charles
450 Hay St,
Fayetteville, NC 28301
$1,075 - $1,825
Studio - 2 Beds
Downtown Fayetteville
Fayetteville, NC
Downtown Fayetteville - Fayetteville, NC
Area Guide
The historic heart of one of North Carolina’s biggest cities
Historic
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University
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Culture
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Artistic
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Great Location
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Located near Fort Bragg Army Base, Downtown Fayetteville is one of North Carolina’s most historic locales. Along with several museums and government offices, Downtown Fayetteville boasts beautiful, quaint architecture. Staying true to its old-fashioned appeal, downtown has charming single-family houses and apartments in brick buildings available for rent. Historic cobblestone Hay Street, which cuts through the city center, hosts a farmers’ market, galleries, shops, and restaurants. With colorful public art installations, the heart of the city has a vibrant arts scene with art galleries, pottery studios, antique shops, and theaters. The city’s biggest special events, which are usually held at downtown’s Festival Park, home to the popular Blues and Brews Festival. Attracting even more renters, Downtown Fayetteville rests beside Fayetteville State University.
Rent Trends
As of January 2026, the average apartment rent in Downtown Fayetteville is $1,086 for a studio, $1,342 for one bedroom, $1,263 for two bedrooms, and $2,450 for three bedrooms. Apartment rent in Downtown Fayetteville has decreased by -1.1% in the past year.
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Studio
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490 sq ft
Average Sq Ft
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$1,086/month
Average Rent
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1 BR
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583 sq ft
Average Sq Ft
-
$1,342/month
Average Rent
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2 BR
-
810 sq ft
Average Sq Ft
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$1,263/month
Average Rent
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3 BR
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1,742 sq ft
Average Sq Ft
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$2,450/month
Average Rent
Transportation
55
Somewhat Walkable
out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
48
Somewhat Bikeable
out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Points of Interest
Shopping Centers
Parks and Recreation
- Fascinate-U Children's Museum
- Cape Fear Botanical Garden
- Clark Park Nature Center
- Mazarick Park
- Arnette Park
Commuter Rail
Military Bases
Airports
- Fayetteville Regional/Grannis Field
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.