Cary, NC Rental Market Trends
Last updated: May 12, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Cary is $1,635, a 1.78% decrease compared to the previous year, when the average rent was $1,664.
One-bedroom apartments provide 789 square feet for $1,437, balancing privacy and affordability.
Two-beedroom units at $1,720 offer 1,117 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,414 sq ft) for $2,044, suitable for larger households.
Average rent in Cary, NC
Last updated: May 12, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,635 | 1,010 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,437 | 789 sq. ft. |
| 2 Beds | $1,720 | 1,117 sq. ft. |
| 3 Beds | $2,044 | 1,414 sq. ft. |
Cary, NC rent trends
Rental prices in Cary, NC have decreased by 1.78% over the past year. The average rent moved from $1,664 to $1,635.
What's the typical rent budget in Cary, NC?
The largest share of rentals in Cary, NC (45%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Cary, NC?
23,271 or 33% of the households in Cary, NC are renter-occupied while 46,439 or 67% are owner-occupied.
Most affordable neighborhoods in Cary?
Walnut Ridge $1,212/month
Briarcliff $1,298/month
Royal Oaks $1,388/month
All of these neighborhoods fall below the city wide average of $1,635/month.Most expensive neighborhoods in Cary?
Irongate $1,716/month
Carpenter Village $1,765/month
Glenkirk $1,922/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Cary, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Glenkirk | $1,922 |
| Carpenter Village | $1,765 |
| Irongate | $1,716 |
| Cameron Pond | $1,686 |
| Silvercreek | $1,617 |
| Stonewater | $1,557 |
| Waterford Estates | $1,517 |
| Beechtree | $1,404 |
| Royal Oaks | $1,388 |
| Briarcliff | $1,298 |
| Walnut Ridge | $1,212 |
/
/
Cary | Rent Comparison by Neighborhood
Rent in Beechtree is 8% higher than in Briarcliff
$1,404
Beechtree rent is 14% lower than Cary average
Average Rent
$1,404
$1,298
Briarcliff rent is 21% lower than Cary average
Average Rent
$1,298
How Cary Compares to Other Cities
| City | Average Rent |
|---|---|
| Cary | $1,635 |
| Charlotte | $1,659 |
| Raleigh | $1,567 |
| Winston - Salem | $1,288 |
| Greensboro | $1,332 |
| Durham | $1,532 |
| Fayetteville | $1,298 |
| Concord | $1,520 |
| Clayton | $1,574 |
| Wilmington | $1,644 |
| High Point | $1,245 |
| Morrisville, NC | $1,641 |
| Chapel Hill, NC | $1,738 |
| Wake Forest, NC | $1,613 |
| Garner, NC | $1,426 |
| Fuquay Varina, NC | $1,648 |
| Apex, NC | $1,654 |
| Knightdale, NC | $1,557 |
| Holly Springs, NC | $1,733 |
| Carrboro, NC | $1,262 |
| Graham, NC | $1,312 |
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.