$2,850 Per Month
- 3 Beds
- 2 Baths
- 1,216 Sq Ft
- House for Rent
215 Walnut St, Cary, NC 27511
215 Walnut St, Cary, NC 27511
Frequently Asked Questions
How much does it cost to rent a single-family home in Cary, NC?
The median rent for a single-family home in Cary, NC is $2,200 per month, though prices vary by neighborhood, size, and property type. As of May 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Cary, NC?
To comfortably afford the median rent in Cary, NC, a household needs to earn roughly $87,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,195 per month in Cary, NC, renters typically need to show $6,585 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cary, NC?
In Cary, NC, the price-to-rent ratio is 22.8, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cary, NC are best for renting a single-family home?
The best neighborhood for renting in Cary, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a single-family home include West Cary, South Cary, Green Level, Northwest Cary and Breckenridge, each with its own character and price range.
