RentData

Average Rent in Fayetteville, NC↓ Rents falling 4.0% YoY🔺 14th priciest in NC

HUD FY2025 · Official government data · Updated annually · Metro pop. 389,851

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Fayetteville, NC has rental prices ranging from $1,078/month to $2,082/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,093/month — 22% below the national average of $1,400/month. With a median household income of $58,909/year, spending $1,093/month on a 1-bedroom represents 22% of gross income — within the recommended 30% threshold.

How Fayetteville Compares

With an average 2-bedroom rent of $1,240/month, Fayetteville ranks #14 most expensive of the 87 cities tracked in North Carolina — pricier than 84% of all US cities in our data.

The Fayetteville Rental Market

The Fayetteville, NC area has a population of about 389,851 and 44% of households renting rather than owning. That renter share runs above the US average of ~34%, pointing to a competitive rental market where vacancies clear quickly and rents are less negotiable.

Rent Trends

2-bedroom rents in Fayetteville, NC have fallen by $52/month (4.0%) over the past year, from $1,292 to $1,240. This slight decline is consistent with broader market corrections seen across US rental markets.

Affordability

To afford a 1-bedroom apartment in Fayetteville, NC without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $43,720. The local median household income of $58,909 exceeds that threshold by $15,189, making Fayetteville relatively accessible compared to local wages.

Rent vs. Buy

The median home value in Fayetteville, NC is $227,271, giving a price-to-rent ratio of 15.3. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Fayetteville's neighborhoods. Among the highest-value areas are Windsor Terrace ($89,735 median home value), Holiday Park ($108,621 median home value), Savoy Heights ($123,897 median home value). Rental prices typically follow home value patterns, with premium neighborhoods commanding higher rents than outer areas. Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2025
Studio
$1,078
Affordable
1 Bedroom
$1,093
Affordable
2 Bedrooms
$1,240
↓4.0% YoY
Affordable
3 Bedrooms
$1,678
Average
4 Bedrooms
$2,082
Expensive
🔔
Get Rent Alerts
Be notified when rents change in Fayetteville
▼
Median Home Value
$227,271
Source: Zillow ZHVI
Est. monthly payment
$1,210/mo
20% down · 30yr · 7%

Is Fayetteville, NC Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$49,600/year
Local median income: $58,909
To buy a median home
$48,385/year
US national median: $75,000
💡 Based on a 2BR rent of $1,240/month and 20% down on a $227,271 home at 7% rate.

Nearby Cities in NClargest metros in the state

CityStudio1BR2BR3BRHome Value
Anson County$834$927$1,216$1,465—
Charlotte$1,586$1,647$1,824$2,250—
Camden County$982$990$1,129$1,582—
Virginia Beach$1,475$1,483$1,696$2,361—
Raleigh$1,533$1,592$1,763$2,192—
Greensboro$999$1,039$1,150$1,463—

Rent or Buy in Fayetteville?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Fayetteville data

$
Home Value
$227,271
2BR Rent
$1,240/mo
Mortgage Rate
7%
Monthly P&I
$1,210/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $1,674/movs rent: $1,240/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Mortgage Calculator

Estimate monthly payment for $227,271 home at 7% rate

20% — $45,454
3%50%
Estimated Monthly Payment
$1,210
per month · 30 years · 7% APR
Loan Amount
$181,817
Total Paid
$435,467
Total Interest
$253,650
Estimated only. Excludes taxes, insurance, HOA. Rate from FRED.

Living in Fayetteville

Cost of living, job market, crime rates, and moving cost estimates.

Moving Cost Estimator

Estimate your moving costs based on FMCSA public mover data

Select your origin state to see the estimate

Estimates based on FMCSA average mover rates. Get at least 3 binding quotes from licensed movers. Protect your move →

Frequently Asked Questions

Explore More

🏘️Neighborhoods in Fayetteville

Compare rent & home prices by neighborhood

⚖️Rent vs Buy in Fayetteville

Is it cheaper to rent or buy here?

💵Rent Affordability in Fayetteville

Salary needed to afford rent here

🗺️All Cities in NC

See how Fayetteville ranks statewide

⚖️Compare Fayetteville

Side-by-side rent & cost of living with any city

📋NC Tenant Rights

Deposit limits, eviction laws & renters protections