Cary, NC Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cary is $1,664, a 0% increase compared to the previous year, when the average rent was $1,664.
Studio Apartments at $1,377 offer the most budget-friendly option with 683 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 790 square feet for $1,463, balancing privacy and affordability.
Two-beedroom units at $1,754 offer 1,115 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,414 sq ft) for $2,068, suitable for larger households.
Average rent in Cary, NC
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,664 | 1,009 sq. ft. |
| Studio | $1,377 | 683 sq. ft. |
| 1 Bed | $1,463 | 790 sq. ft. |
| 2 Beds | $1,754 | 1,115 sq. ft. |
| 3 Beds | $2,068 | 1,414 sq. ft. |
Cary, NC rent trends
Rental prices in Cary, NC have increased by 0% over the past year. The average rent moved from $1,664 to $1,664.
What's the typical rent budget in Cary, NC?
The largest share of rentals in Cary, NC (42%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cary, NC?
22,882 or 34% of the households in Cary, NC are renter-occupied while 45,082 or 66% are owner-occupied.
Most affordable neighborhoods in Cary?
Briarcliff $1,342/month
Walnut Ridge $1,358/month
Royal Oaks $1,415/month
All of these neighborhoods fall below the city wide average of $1,664/month.Most expensive neighborhoods in Cary?
The Oaks At Highcroft $2,063/month
Glenkirk $2,081/month
Twin Lakes $2,105/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Cary, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Twin Lakes | $2,105 |
| Glenkirk | $2,081 |
| The Oaks At Highcroft | $2,063 |
| Russel Hills | $1,922 |
| Irongate | $1,826 |
| Preston | $1,804 |
| Cameron Pond | $1,762 |
| Carpenter Village | $1,730 |
| Glencroft | $1,718 |
| Tryon Villas | $1,657 |
| Weston Lakeside | $1,651 |
| Stonewater | $1,600 |
| Silvercreek | $1,596 |
| Northwoods | $1,581 |
| Waterford Estates | $1,578 |
| Beechtree | $1,472 |
| Weston Pointe | $1,424 |
| Royal Oaks | $1,415 |
| Walnut Ridge | $1,358 |
| Briarcliff | $1,342 |
Cary | Rent Comparison by Neighborhood
Rent in Beechtree is 10% higher than in Briarcliff
Beechtree rent is 12% lower than Cary average
Briarcliff rent is 19% lower than Cary average
How Cary Compares to Other Cities
| City | Average Rent |
|---|---|
| Cary | $1,664 |
| Charlotte | $1,653 |
| Raleigh | $1,591 |
| Fayetteville | $1,276 |
| Winston - Salem | $1,293 |
| Durham | $1,555 |
| Greensboro | $1,320 |
| Concord | $1,535 |
| Wilmington | $1,629 |
| Asheville | $1,716 |
| Clayton | $1,558 |
| Morrisville | $1,678 |
| Apex, NC | $1,672 |
| Chapel Hill, NC | $1,768 |
| Wake Forest, NC | $1,619 |
| Fuquay Varina, NC | $1,620 |
| Knightdale, NC | $1,537 |
| Sanford, NC | $1,252 |
| Garner, NC | $1,470 |
| Lillington, NC | $1,422 |
| Creedmoor, NC | $1,381 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Cary apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.