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31 Cheap Apartments for rent in Fayetteville, NC

Last updated November 12 at 6:23pm UTC
Cottages on Elm
1000 Elm St
Fayetteville, NC
Updated November 12 at 4:21pm UTC
1 Bedroom
$742
2 Bedrooms
$568
Faraday
7569 Faraday Place
Fayetteville, NC
Updated November 12 at 6:23pm UTC
1 Bedroom
$550
175 Redfish Dr
South View
Fayetteville, NC
Updated November 12 at 5:59pm UTC
3 Bedrooms
$575
6454 Applecross Ave
Seventy-First
Fayetteville, NC
Updated November 12 at 5:36pm UTC
1 Bedroom
$500
818 LITTLE AVE
Fayetteville
Fayetteville, NC
Updated November 12 at 1:58pm UTC
2 Bedrooms
$550
412 Turnpike Rd
Terry Sanford
Fayetteville, NC
Updated November 12 at 8:31am UTC
2 Bedrooms
$500
979 Stewarts Creek Dr Apt 8
Westover
Fayetteville, NC
Updated November 12 at 8:31am UTC
1 Bedroom
$525
226 Davis St
Terry Sanford
Fayetteville, NC
Updated November 10 at 6:16pm UTC
1 Bedroom
$500
700B PERSHING
Downtown Fayetteville
Fayetteville, NC
Updated November 9 at 5:53am UTC
1 Bedroom
$525
1021 W. ROWAN
Terry Sanford
Fayetteville, NC
Updated November 7 at 9:37pm UTC
2 Bedrooms
$525
412 TURNPIKE
Terry Sanford
Fayetteville, NC
Updated November 5 at 2:35pm UTC
2 Bedrooms
$500
3820 JOHN MARSHALL
Douglas Byrd
Fayetteville, NC
Updated November 5 at 2:33pm UTC
2 Bedrooms
$550
583 WINDING CREEK ROAD
Terry Sanford
Fayetteville, NC
Updated November 5 at 11:34am UTC
Studio
$550
1914 MILLAN
Terry Sanford
Fayetteville, NC
Updated November 5 at 11:34am UTC
1 Bedroom
$500
4116 S DOWFIELD
Fayetteville
Fayetteville, NC
Updated November 5 at 11:33am UTC
2 Bedrooms
$500
303 Pebble St
Pine Forest
Fayetteville, NC
Updated November 10 at 6:13pm UTC
2 Bedrooms
$500
121 Mobile Ln
Pine Forest
Fayetteville, NC
Updated November 8 at 8:46pm UTC
2 Bedrooms
$600
707 Elcona St
Pine Forest
Fayetteville, NC
Updated November 8 at 8:45pm UTC
2 Bedrooms
$550
6328 CHURCH ST
Pine Forest
Fayetteville, NC
Updated November 8 at 5:49am UTC
2 Bedrooms
$550
4910 SCHMIDT ST
Terry Sanford
Fayetteville, NC
Updated November 5 at 2:34pm UTC
2 Bedrooms
$475
6391 BINGHAM PL
Seventy-First
Fayetteville, NC
Updated November 5 at 11:34am UTC
1 Bedroom
$500
214 CRABAPPLE CIRCLE
Westover
Fayetteville, NC
Updated November 5 at 11:33am UTC
2 Bedrooms
$585
5043 Juliet Drive
Terry Sanford
Fayetteville, NC
Updated November 2 at 10:27am UTC
2 Bedrooms
$585
175 Redfish Dr
South View
Fayetteville, NC
Updated November 1 at 9:28am UTC
2 Bedrooms
$450

November 2018 Fayetteville Rent Report

Welcome to the November 2018 Fayetteville Rent Report. Fayetteville rents increased 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

November 2018 Fayetteville Rent Report

Welcome to the November 2018 Fayetteville Rent Report. Fayetteville rents increased 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 increased significantly over the past month

Fayetteville rents have increased 0.4% over the past month, and are up marginally by 0.7% in comparison to the same time last year. Currently, median rents in Fayetteville stand at $620 for a one-bedroom apartment and $770 for a two-bedroom. Fayetteville's year-over-year rent growth lags the state and national averages, which both stand at 1.1%.

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 1.1% 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 $1,250; 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 (+3.8%).
  • Wilmington, Asheville, and Cary have all experienced year-over-year growth above the state average (3.5%, 2.7%, and 2.2%, respectively).

Fayetteville rents more affordable than many large cities nationwide

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

  • Fayetteville's median two-bedroom rent of $770 is below the national average of $1,180. Nationwide, rents have grown by 1.1% over the past year compared to the 0.7% rise in Fayetteville.
  • While Fayetteville's rents rose marginally over the past year, the city of Seattle saw a decrease of 1.3%.
  • Renters will find more reasonable prices in Fayetteville than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than 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.