City Report · NC

Fayetteville

Pop. 210,815·114th most expensive in North Carolina·One of the most affordable rental markets in the US
Median rent (all units)
$1,362/mo
Year-over-Year
+2.3%
Month-over-Month
+0.1%
vs US Median
-$570
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Fayetteville · $1,362
More affordable than 84% of US cities · National median $1,932/mo
Rent Reality Score
66/100
Good value
OverheatedFairGreat value

Rents are 8% below what Fayetteville's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$1,362/mo
Expected by trend
$1,477/mo
The Rent Reality Score compares today's median rent to where Fayetteville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,069
1 BR
$1,076
2 BR
$1,234
3 BR
$1,673
4 BR+
$2,080
Fair Market Rent (HUD)
$1,234/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,362 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

December. Asking rents in Fayetteville usually run 0.6% below trend in December and 0.5% above it in June, about $15 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in Fayetteville is at its highest level since Zillow's records here began in January 2015.

Past year vs. the rest of North Carolina

Rent in Fayetteville changed +2.3% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Rent vs. income since 2019

From 2019 to 2024, rent in Fayetteville rose 57.9% while median household income rose 29.7% ($45,024 to $58,407). Rent outpaced income.

Since before the pandemic

Rent in Fayetteville is 61.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 2 months in a row, and rose in 10 of the last 12 months.

What a typical income covers

30% of the median household income ($58,407) is $1,460 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,234); a 3-bedroom is $1,673.

Spread across ZIP codes

The priciest of 8 ZIP codes in Fayetteville, 28306 ($1,746/mo), costs 1.8 times the cheapest, 28312 ($955/mo).

From Zillow's monthly rent index (ZORI) for Fayetteville. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$16,344/yr
At $1,362/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.3% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.3% YoY, +0.1% MoM), not inventory.
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Demographics

Who lives here

Fayetteville, NC is roughly split between renters and owners, skews toward younger working-age adults, has a median income below the national average, 29% of residents hold a bachelor's degree or higher.

Population
210,815
Median income
$58,407
Median age
30.6
Renters
52.6%
Age distribution
23.8%
33.4%
20.7%
12.9%
Under 1823.8%
18–3433.4%
35–5420.7%
55–649.3%
65+12.9%
Gender
50.7%
49.3%
Male50.7%
Female49.3%
Race & ethnicity
36.8%
42.6%
13.1%
White36.8%
Black42.6%
Hispanic13.1%
Asian3.1%
Other4.4%
Education (25+)
25.7%
38.8%
29%
No HS diploma6.5%
HS diploma25.7%
Some college38.8%
Bachelor's+29%
Housing tenure
47.4%
52.6%
Owner47.4%
Renter52.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Fayetteville, NC has changed in 5 years

Rent
$989 → $1,362
up 37.7%
Income
$48,923 → $58,407
up 19.4%
Population
208,497 → 210,815
up 1.1%
Renter share
55.5% → 52.6%
-2.9 pts
Bachelor's+
27.6% → 29%
+1.4 pts

Across the past five years, the going rent in Fayetteville, NC has shifted from $989 to $1,362, up 37.7% since 2021. Median household income climbed from $48,923 to $58,407 between 2021 and 2024, a 19.4% shift. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show Fayetteville, NC adding about 2,318 residents over the five-year window, up 1.1% on net. The renter share has eased from 55.5% to 52.6%, with owner-occupied housing accounting for the remainder. Taken together, the five-year picture in Fayetteville, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

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View Fayetteville rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fayetteville on your salary?

At $1,362/mo, how Fayetteville rent compares to typical pay (30% rule).

By apartment size

Fayetteville rent by bedroom count

Median rent for each apartment size in Fayetteville. Click any size for full breakdown.

Local insights

Tips for renters in Fayetteville

About renting in Fayetteville, NC

Last updated: October 17, 2026

The median rent in Fayetteville is $1,362/mo as of October 2026. A studio apartment averages $1,069/mo while a 2-bedroom runs $1,234/mo. One-bedroom apartments average $1,076/mo and 3-bedroom units go for $1,673/mo.

At 28% of local median household income ($58,407/yr), Fayetteville ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Fayetteville?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (about $26/hour full-time) to afford the median rent of $1,362/mo in Fayetteville. The local median household income is $58,407/yr, so the typical household meets that bar.

Is rent going up or down in Fayetteville?

Rent in Fayetteville has risen 2.3% over the past year as of September 2026. That is the highest level since Zillow's records here began in January 2015.

When is the cheapest time to rent in Fayetteville?

Asking rents in Fayetteville are usually lowest in December, about 0.6% below their yearly trend, and highest in June, about 0.5% above it. At today's median that is a gap of roughly $15 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in Fayetteville?

Yes. From 2019 to 2024, rent in Fayetteville rose 57.9% while median household income rose 29.7%, from $45,024 to $58,407. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

Which Fayetteville neighborhoods have the lowest rent?

The most affordable ZIP codes in Fayetteville are 28312 ($955/mo), 28311 ($1,285/mo), and 28303 ($1,330/mo). Citywide, the median rent is $1,362/mo.

How does Fayetteville rent compare to other cities in North Carolina?

Fayetteville is one of the more affordable among North Carolina cities for rent, ranking #114 of 129 tracked cities at $1,362/mo. Over the year to September 2026, rent in Fayetteville changed +2.3%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.
Income Affordability
28%
AFFORDABLE

At $1,362/mo, rent takes ~28% of Fayetteville's median household income ($58,407/yr). The standard benchmark is 30%.

Fayetteville 28%Benchmark 30%
State income tax4.5%
Run the Fayetteville affordability calculator →
Lowest-rent ZIP codes in Fayetteville
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Fayetteville, NC

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