Rent by ZIP · Wake County
Rent in Cary, NC 27518
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,800 (-5.3% vs FY2026). Renters in this ZIP code pay a median $1,681 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,590 | $1,660 | -4.2% | $1,431–1,749 | $1,343 ±$992 |
| 1 bedroom | $1,650 | $1,730 | -4.6% | $1,485–1,815 | $1,603 ±$89 |
| 2 bedrooms | $1,800 | $1,900 | -5.3% | $1,620–1,980 | $1,741 ±$50 |
| 3 bedrooms | $2,240 | $2,380 | -5.9% | $2,016–2,464 | $1,953 ±$293 |
| 4 bedrooms | $3,010 | $3,190 | -5.6% | $2,709–3,311 | – |
Small Area FMRs for the Raleigh-Cary, NC MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Raleigh-Cary, NC MSA, 2 bedrooms: $1,689.
What renters pay in 27518
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 27517 | Chapel Hill | $1,890 | $1,704 |
| 27519 | Cary | $2,140 | $1,834 |
| 27516 | Chapel Hill | $1,750 | $1,472 |
| 27520 | Clayton | $1,640 | $1,425 |
| 27521 | Coats | $1,010 | $869 |
| 27514 | Chapel Hill | $1,980 | $1,703 |
Fair Market Rents across Wake County, NC · All NC counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.