Median rent for residential apartments in as of Feb, 2020.
Be informed, make custom offers based only on median rent prices. But keep in mind, that price depends on size/amenities of the apartment.
398 Cary apartments for rent
Cary
Cary, NC has a population of 155,822, including 67% white, 16% asian, and 8% black.
| Population | 155,822 |
| Median Age | 38.8 |
| Poverty Rate | 6% |
| Median Income (Household) | $94,617 |
| Number Of Employees | 79,358 |
| Median Property Value | $309,800 |
City Overview
The median household income in Cary, NC is around $94,617, while the median age is 38.8. This city is a home to major universities: Miller-Motte College-Cary, Special Focus Two-Year: Health Professions, and Special Focus Institutions. 79,358 employees work in Cary, NC. The homeownership rate among the residents is 68.32%. The median property value that you should keep in mind is $309,800.
Business & Economy
Wage by Common Jobs
Average salary: $32,820
- 1. Elementary & middle school teachers$40,402
- 2. Retail salespersons$39,864
- 3. Secretaries & administrative assistants$35,653
- 4. Nursing, psychiatric, & home health aides$26,810
- 5. Cashiers$21,373
Employment by Occupations
Numbers claim that the employment rate in Cary, NC changed by 4%, so let’s see what are the most common job groups in this area. People of Cary, NC prefer to work in Management, Computer & Mathematical and Sales.
Employment by Industries
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Cary, NC work in. The most common industries are Professional, Scientific, Tech Services, Manufacturing and Healthcare & Social Assistance. Please note that not all the residents of Cary, NC work in the area and may be employed outside of the city. Our data is tagged to their residential address, not the work address.
Demographics
Race & Ethnicity
According to latest census, Cary, NC is a home for 67% white residents. The second common group is asian with 16% residents. The list of the most common racial or ethnic groups is closed by black with 8% residents.
Non-English Speakers
Education
Past year Cary, NC universities awarded around 605 degrees. Statistics show that the population of students in Cary, NC include 37 male students and 238 female students. Cary, NC offers private and public tuition with a median cost of $0 for private four-year colleges and $0 for in-state public four-year colleges. The largest university of this city is the Miller-Motte College-Cary with the majority of graduates. The Mitchell's Hair Styling Academy-Raleigh and Shepherds Theological Seminary hold the second and the third place respectively. The share of the public colleges in Cary, NC is n/a% and 100% go to the private colleges.
Universities
- 1. Miller-Motte College-Cary205 graduates
- 2. Mitchell's Hair Styling Academy-Raleigh55 graduates
- 3. Shepherds Theological Seminary15 graduates
Public vs Private
- Public100%
- Private0%
Health and Safety
The age groups that most likely have the health care coverage in Cary, NC are 6-17 years old for men and 6-17 years old for women. Cary, NC offers a 86 primary care clinician to 1 patient ratio. Data records state that dentists ratio is 66 to 1, speaking of mental health doctors ratio, it’s 253 to 1 resident.
Clinician to Patient Ratios
| Primary Care | 1 to 86 |
| Dentists | 1 to 66 |
| Mental Health | 1 to 253 |
| Other | 1 to 90 |
Transportation
Commute Time
Average travel time: 20.16 minutes
- USA
- Cary, NC
Commuter Transportation
The workers of Cary, NC traveled to their offices around 20.16 minutes lately and drove alone to get there. The rest of the residents worked at home and carpooled.
- USA
- Cary, NC
Housing Trends
Cary, NC, USA Housing Trends
Average rent in Cary: $1,499 (+5.1%)
| Rent Price | Feb | vs Last Month |
|---|---|---|
| 1 bed rentals | $1,012 | -1.4% |
| 2 bed rentals | $1,356 | +0% |
| 3 bed rentals | $1,600 | -3.8% |
| 4+ bed rentals | $1,897 | -0.5% |
| Rent Type Price | Feb | vs Last Month |
|---|---|---|
| Apartment rentals | $1,313 | -1.4% |
| Townhouse rentals | $1,601 | -0.9% |
| House rentals | $1,926 | +7.3% |
| Room rentals | $661 | -2.7% |
| Loft rentals | $1,893 | -10.9% |
| Condo rentals | $895 | -22.2% |
| Duplex rentals | $1,275 | +0% |
Over the Apr 2020, the average rent for an apartment in/near Cary, NC increased by 4.9% to $1425. Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 1.4% to $1027. Pricing for 2-bed apartment also decreased by 0% and a place of this size will now cost you $1357. 3-bed apartment rent pricing starts at $1600, it decreased by 3.8% lately. We tend to note the rise of 4- and more bed apartment pricing. It decreased by 0.5% and made it down to $1897.
The median rent for an apartment in Cary, NC decreased by 1.4% to $1332. Statistics show that house rent price increased by 7.3% this month making it up to $1926. Condos faced an upward trend these days. The median rent for a condo decreased by 22.2%, it’s now available for $895. An average duplex is now available for $1275, cause median rent for a duplex remains the same this month. The median rent for a loft faced changes as well, it decreased by 10.9%, the price tag now starts at $1893. An average room will now go for $679, the median rent price for a room decreased by 2.7%.
Rent vs Own
- Rent68%
- Own32%
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