The Residences at the Prince Charles
450 Hay St,
Fayetteville, NC 28301
$1,350 - $1,975 | 1-2 Beds
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.
As of June 2025, the average apartment rent in Downtown Fayetteville is $1,077 for a studio, $1,362 for one bedroom, $1,149 for two bedrooms, and $2,418 for three bedrooms. Apartment rent in Downtown Fayetteville has decreased by -0.3% in the past year.
Studio
480 sq ft
Average Sq Ft
$1,077/month
Average Rent
1 BR
583 sq ft
Average Sq Ft
$1,362/month
Average Rent
2 BR
767 sq ft
Average Sq Ft
$1,149/month
Average Rent
3 BR
1,742 sq ft
Average Sq Ft
$2,418/month
Average Rent
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.
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.
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† 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 June 2025.