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Rental Market Trends in Cary, NC

What is the average rent in Cary, NC?

$1,427/month

Average Rent

789 Sq Ft

Average Apartment Size

-1.3%

Decrease in the Last Year

As of September 2025, the average rent in Cary, NC is $1,427 per month. For comparison, the national average rent price in the US is currently $1,640/month, which means Cary rent prices are 13% lower than the national average. When you rent an apartment in Cary, you can expect to pay about $1,453 per month for a studio, $1,427 for a one-bedroom apartment, and around $1,725 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,051 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,453/month
640 Sq Ft
One Bedroom
$1,427/month
789 Sq Ft
Two Bedroom
$1,725/month
1,110 Sq Ft
Three Bedroom
$2,051/month
1,436 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,867/month
1,129 Sq Ft
Three Bedroom
$2,275/month
1,673 Sq Ft
Four Bedroom
$3,042/month
2,403 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,464/month
830 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$823/month
1,528 Sq Ft
Two Bedroom
$1,604/month
1,010 Sq Ft
Three Bedroom
$2,082/month
1,543 Sq Ft
Four Bedroom
$2,624/month
2,235 Sq Ft

How much has average rent changed in Cary, NC?

In the past year, rent has decreased by 1.3%, which averages out to $18 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Cary, NC
Last Updated September 2025
$1,501 - $2,000
Most rental prices fall within this range
Rent Ranges in Cary, NC
Percentage*
Rent Range
0% Below $700/month
3% $700 - $1,000/month
32% $1,001 - $1,500/month
54% $1,501 - $2,000/month
11% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Cary?

Based on current rent prices, Cedar Pointe Condominiums, Chesapeake Condominiums and Walnut Ridge are the most affordable neighborhoods in Cary.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Cedar Pointe Condominiums
$1,157/month
781 Sq Ft
Chesapeake Condominiums
$1,170/month
821 Sq Ft
Walnut Ridge
$1,220/month
615 Sq Ft
Chase I Williamsburg Manor
$1,220/month
615 Sq Ft
The Creeks at Weston
$1,229/month
720 Sq Ft
Arbors at Cary
$1,236/month
675 Sq Ft
Village Green Townhomes
$1,254/month
697 Sq Ft
Pebble Creek Woods
$1,292/month
680 Sq Ft
Franklin Heights
$1,309/month
695 Sq Ft
Preston Oaks
$1,338/month
756 Sq Ft

What are the most expensive neighborhoods in Cary?

Based on current rent prices, Hunter Creek Townhomes, Evans Farm and Villages at Evans Farm Townhomes are the most expensive neighborhoods in Cary.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Hunter Creek Townhomes
$2,319/month
797 Sq Ft
Evans Farm
$2,293/month
790 Sq Ft
Villages at Evans Farm Townhomes
$2,166/month
791 Sq Ft
Carpenter Village
$2,144/month
810 Sq Ft
Wessex
$1,855/month
836 Sq Ft
Weston Lakeside
$1,849/month
856 Sq Ft
Twin Lakes
$1,731/month
825 Sq Ft
Bexley Panther Creek
$1,702/month
845 Sq Ft
North Cary/Morrisville
$1,644/month
791 Sq Ft
Preston
$1,578/month
795 Sq Ft

Which Cary neighborhoods have the most rentals available?

The neighborhoods in Cary with the most apartments available are North Cary/Morrisville, Hunter Creek Townhomes and Preston .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
North Cary/Morrisville
$1,644/month
791 Sq Ft
Hunter Creek Townhomes
$2,319/month
797 Sq Ft
Preston
$1,578/month
795 Sq Ft
Twin Lakes
$1,731/month
825 Sq Ft
Bexley Panther Creek
$1,702/month
845 Sq Ft
Royal Oaks
$1,382/month
709 Sq Ft
Village at the Park
$1,577/month
833 Sq Ft
Villages at Evans Farm Townhomes
$2,166/month
791 Sq Ft
Weston Lakeside
$1,849/month
856 Sq Ft
Evans Farm
$2,293/month
790 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Cary, NC?

Because the average rent in Cary is $1,427, you’ll want to make about $4,756 per month or $57,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Cary, NC

4,203 Available Apartments for Rent

Search for Nearby Apartments

How does Cary, NC compare to other nearby cities and neighborhoods?

Use the tool below to compare Cary, NC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Cary, NC

Apartment Averages

Cedar Pointe Condominiums

Cary, NC

Hunter Creek Townhomes

Cary, NC

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Apex Average Rent
  • Morrisville Average Rent
  • Holly Springs Average Rent
  • Raleigh Average Rent
  • Garner Average Rent

Apartment communities in Cary we think you'll love

The Reserve at Cary Park

The Reserve at Cary Park

2000 Cary Reserve Dr,
Cary, NC 27519

$1,395 - $1,895

1-3 Beds

Novel Cary

Novel Cary

200 Henry Hill St,
Cary, NC 27519

$1,344 - $3,128

Studio - 3 Beds

Abberly Alston Apartment Homes

Abberly Alston Apartment Homes

2132 Alston Ave,
Cary, NC 27519

$1,311 - $4,651

1-3 Beds

Preston Ridge

Preston Ridge

1950 Grisdale Ln,
Cary, NC 27513

$1,519 - $2,810

1-3 Beds

Property Management Companies in Cary, NC

Greystar
Greystar
  • 3,379

    Communities

  • 938,530

    Units

  • 866

    Cities

23 Communities in Cary
MAA
MAA
  • 288

    Communities

  • 100,261

    Units

  • 115

    Cities

8 Communities in Cary
Hawthorne Residential Partners
Hawthorne Residential Partners
  • 259

    Communities

  • 62,173

    Units

  • 119

    Cities

6 Communities in Cary
Weinstein Properties
Weinstein Properties
  • 61

    Communities

  • 20,955

    Units

  • 33

    Cities

6 Communities in Cary
Highmark Residential
Highmark Residential
  • 220

    Communities

  • 63,156

    Units

  • 119

    Cities

5 Communities in Cary
Drucker & Falk
Drucker & Falk
  • 161

    Communities

  • 38,802

    Units

  • 59

    Cities

5 Communities in Cary
BH
BH
  • 339

    Communities

  • 96,186

    Units

  • 195

    Cities

3 Communities in Cary
Bell Partners
Bell Partners
  • 216

    Communities

  • 69,944

    Units

  • 114

    Cities

3 Communities in Cary

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United States North Carolina Cary Rental Trends

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 September 2025.

* Percentages may not total 100 due to rounding.

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