21 Cheap Apartments for rent in Fayetteville, NC

Last updated January 20 at 5:23pm UTC
Broadfoot Ave
Terry Sanford
Fayetteville, NC
Updated January 18 at 10:05am UTC
1 Bedroom
$575
809 ISLEY ST
Terry Sanford
Fayetteville, NC
Updated January 20 at 5:23pm UTC
3 Bedrooms
$600
4916 SCHMIDT ST
Terry Sanford
Fayetteville, NC
Updated January 3 at 11:43am UTC
2 Bedrooms
$400
6397 BINGHAM PL
Seventy-First
Fayetteville, NC
Updated January 3 at 11:45am UTC
2 Bedrooms
$525
407 KIRKCALDY
Westover
Fayetteville, NC
Updated January 3 at 11:46am UTC
2 Bedrooms
$600
213 Post Avenue
Fayetteville
Fayetteville, NC
Updated January 3 at 3:37pm UTC
2 Bedrooms
$600
2821 PINECREST DRIVE
Jack Britt
Fayetteville, NC
Updated January 19 at 1:43am UTC
3 Bedrooms
$607
981 ODOM DR.
Douglas Byrd
Fayetteville, NC
Updated January 3 at 11:45am UTC
2 Bedrooms
$575
6536 WICKLOW PL
Jack Britt
Fayetteville, NC
Updated January 3 at 11:45am UTC
2 Bedrooms
$595
6328 CHURCH ST
Pine Forest
Fayetteville, NC
Updated January 3 at 11:46am UTC
2 Bedrooms
$575
1427 TANGORA LN
Seventy-First
Fayetteville, NC
Updated January 3 at 11:43am UTC
1 Bedroom
$475
6387 BINGHAM PL
Seventy-First
Fayetteville, NC
Updated January 3 at 11:45am UTC
2 Bedrooms
$525
700K PERSHING ST
Downtown Fayetteville
Fayetteville, NC
Updated January 3 at 11:43am UTC
2 Bedrooms
$595
6792 WILLOWBROOK DRIVE #18
Westover
Fayetteville, NC
Updated January 18 at 12:24pm UTC
1 Bedroom
$550
6385 BINGHAM PL
Seventy-First
Fayetteville, NC
Updated January 3 at 11:45am UTC
2 Bedrooms
$525
6391 BINGHAM PL
Seventy-First
Fayetteville, NC
Updated January 3 at 11:45am UTC
1 Bedroom
$500
4959 GALVESTON DRIVE
Terry Sanford
Fayetteville, NC
Updated January 10 at 1:14pm UTC
2 Bedrooms
$600
5105 SURF SCOOTER
Fayetteville
Fayetteville, NC
Updated January 12 at 1:50am UTC
1 Bedroom
$595
Jean St
Douglas Byrd
Fayetteville, NC
Updated January 18 at 8:55am UTC
2 Bedrooms
$600
731 HEDGELAWN WAY
Fayetteville
Fayetteville, NC
Updated January 12 at 1:49am UTC
2 Bedrooms
$550
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January 2018 Fayetteville Rent Report

Welcome to the January 2018 Fayetteville Rent Report. Fayetteville rents declined over the past month. In this report, we'll evaluate trends in the Fayetteville rental market, including comparisons to cities throughout the state and nation.

View full Fayetteville Rent Report
Rent Report
Fayetteville

January 2018 Fayetteville Rent Report

Welcome to the January 2018 Fayetteville Rent Report. Fayetteville rents declined over the past month. In this report, we'll evaluate trends in the Fayetteville rental market, including comparisons to cities throughout the state and nation.

Fayetteville rents declined moderately over the past month

Fayetteville rents have declined 0.3% over the past month, but have increased significantly by 4.7% in comparison to the same time last year. Currently, median rents in Fayetteville stand at $610 for a one-bedroom apartment and $760 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in October. Fayetteville's year-over-year rent growth leads the state average of 3.0%, as well as the national average of 2.8%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Fayetteville, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 3.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,210; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with High Point experiencing the fastest growth (+7.2%).
  • Winston-Salem, Fayetteville, and Greenville have all experienced year-over-year growth above the state average (5.3%, 4.7%, and 3.6%, respectively).

Fayetteville rents more affordable than many large cities nationwide

As rents have increased significantly in Fayetteville, a few large cities nationwide have seen rents grow more modestly. Fayetteville is still more affordable than most large cities across the country.

  • Fayetteville's median two-bedroom rent of $760 is below the national average of $1,160. Nationwide, rents have grown by 2.8% over the past year compared to the 4.7% increase in Fayetteville.
  • While Fayetteville's rents rose significantly over the past year, many cities nationwide also saw increases, including Phoenix (+3.8%), Seattle (+3.0%), and Dallas (+2.2%).
  • Renters will find more reasonable prices in Fayetteville than most large cities. For example, San Francisco has a median 2BR rent of $3,010, which is nearly four times the price in Fayetteville.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.