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Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.

Fuquay Varina, NC Rental Market Trends

Highlights

The average rent for an apartment in Fuquay Varina is $1,069, a 9% decrease compared to the previous year, when the average rent was $1,178.

Average Rent in Fuquay Varina, NC

Last updated February 2021
Average Rent Y-o-Y Change Average Apartment Size
$1,069 -9% 980 sq. ft.

The average size for a Fuquay Varina, NC apartment is 980 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

Fuquay Varina, NC Apartment Rent Ranges

  • $501-$7007%
  • $701-$1,00021%
  • $1,001-$1,50072%

Fuquay Varina, NC Occupied Housing Units

  • Renter-occupied Households22%
  • Owner-occupied Households77%

3,809 or 22% of the households in Fuquay Varina, NC are renter-occupied while 12,966 or 77% are owner-occupied.

Fuquay Varina, NC Rent Trends

Average Rent Mar / 2018 Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Feb / 2021
Fuquay Varina, NC $1,121 $1,121 $1,126 $1,144 $1,098 $1,178 $1,140 $1,109 $1,069
National $1,311 $1,342 $1,351 $1,356 $1,388 $1,395 $1,397 $1,389 $1,392
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Access comprehensive real estate data and information on Yardi Matrix

How Fuquay Varina Compares to Other Cities

Average Rent Y-o-Y Change
Charlotte $1,290 3%
Raleigh $1,253 2%
Winston - Salem $944 6%
Durham $1,200 1%
Greensboro $988 8%
Cary $1,228 n/a
Clayton $1,177 3%
Morrisville $1,280 1%
Garner $1,180 6%
Apex $1,270 2%
Fuquay Varina $1,069 -9%

For more information about the Fuquay Varina rental trends, check out our monthly rent report

Check out North Carolina Cities, North Carolina Neighborhoods and North Carolina Zip Codes for more details on verified listings, including the North Carolina Average Rent.

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The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fuquay Varina apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.