Meridian East Chatham
255 E Chatham St,
Cary, NC 27511
Studio - 3 Beds | $1,755 - $4,400
Rental Market Trends in Cary, NC
What is the average rent in Cary, NC?
$1,442/month
Average Rent
789 Sq Ft
Average Apartment Size
-2.6%
Decrease in the Last Year
As of June 2025, the average rent in Cary, NC is $1,442 per month. For comparison, the national average rent price in the US is currently $1,628/month, which means Cary rent prices are 11% lower than the national average. When you rent an apartment in Cary, you can expect to pay about $1,444 per month for a studio, $1,442 for a one-bedroom apartment, and around $1,749 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,077 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Cary, NC?
In the past year, rent has decreased by 2.6%, which averages out to $37 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 June 2025
Legend
2024
2025
Rent Ranges in Cary, NC
Last Updated June 2025
$1,501 - $2,000
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
3%
$700 - $1,000/month
31%
$1,001 - $1,500/month
57%
$1,501 - $2,000/month
10%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Cary?
Based on current rent prices, The Townes at Twin Lakes, Upchurch Farms and Stone Creek Village are the most affordable neighborhoods in Cary.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Cary?
Based on current rent prices, Weston Lakeside, Wessex and Hunter Creek Townhomes are the most expensive neighborhoods in Cary.
Neighborhood
Average Rent
Average Sq Ft
Which Cary neighborhoods have the most rentals available?
The neighborhoods in Cary with the most apartments available are North Cary/Morrisville, Preston and Hunter Creek Townhomes .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Cary, NC?
Because the average rent in Cary is $1,442, you’ll want to make about $4,806 per month or $57,672 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.
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.
Studio
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One Bedroom
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Two Bedroom
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Three Bedroom
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Nearby City Rent Trends
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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 June 2025.
* Percentages may not total 100 due to rounding.