City Report · NC

Fuquay Varina

Pop. 40,485·29th most expensive in North Carolina·Rental market data updated monthly for Fuquay Varina, NC
Median rent (all units)
$1,875/mo
Year-over-Year
+2.1%
Month-over-Month
+0.4%
vs US Median
-$57
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
Fuquay Varina · $1,875
More expensive than 52% of US cities · National median $1,932/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

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

Actual rent
$1,875/mo
Expected by trend
$2,047/mo
The Rent Reality Score compares today's median rent to where Fuquay Varina's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,580
1 BR
$1,630
2 BR
$1,840
3 BR
$2,330
4 BR+
$3,100
Fair Market Rent (HUD)
$1,840/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,875 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 Fuquay Varina usually run 1.1% below trend in December and 1.1% above it in June, about $41 a month apart at today's median. Based on 10 years of data.

Compared with the peak

Rent in Fuquay Varina is at its highest level since Zillow's records here began in February 2015.

Past year vs. the rest of North Carolina

Rent in Fuquay Varina changed +2.1% over the year to September 2026. Across the 94 North Carolina cities Zillow tracks, the typical change was +2.9%.

Since before the pandemic

Rent in Fuquay Varina is 36% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent has risen 6 months in a row, and rose in 8 of the last 12 months.

Cheaper nearby

Lillington, 11 miles away, rents for 11% less ($1,663/mo), about $2,500 a year in savings.

From Zillow's monthly rent index (ZORI) for Fuquay Varina. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series.

Annual cost
$22,500/yr
At $1,875/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (2.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+2.1% YoY, +0.4% MoM), not inventory.
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Demographics

Who lives here

Fuquay Varina, NC is majority owner-occupied, has a large share of families with children, 54% of residents hold a bachelor's degree or higher.

Population
40,485
Median age
37
Renters
25.8%
Age distribution
28.4%
18.6%
29.4%
14.3%
Under 1828.4%
18–3418.6%
35–5429.4%
55–649.2%
65+14.3%
Gender
47.9%
52.1%
Male47.9%
Female52.1%
Race & ethnicity
67.6%
14.9%
White67.6%
Black14.9%
Hispanic9.9%
Asian2.9%
Other4.8%
Education (25+)
15.5%
26.6%
54%
No HS diploma3.9%
HS diploma15.5%
Some college26.6%
Bachelor's+54%
Housing tenure
74.2%
25.8%
Owner74.2%
Renter25.8%

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

2021 vs 2026

How Fuquay Varina, NC has changed in 5 years

Rent
$1,515 → $1,875
up 23.8%
Population
33,135 → 40,485
up 22.2%
Renter share
29.5% → 25.8%
-3.7 pts
Bachelor's+
47.1% → 54%
+6.9 pts

The median rent in Fuquay Varina, NC stood at $1,515 in 2021 and currently runs about $1,875, reflecting a 23.8% increase over the period. The population has grown by 22.2% since 2021, moving from about 33,135 residents to roughly 40,485. Renters now make up 25.8% of households, compared with 29.5% five years ago. College-educated residents now make up 54% of adults here, versus 47.1% in 2021. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Fuquay Varina

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View Fuquay Varina rent history (2015–2026) →
Salary vs rent

Can you afford rent in Fuquay Varina on your salary?

At $1,875/mo, how Fuquay Varina rent compares to typical pay (30% rule).

By apartment size

Fuquay Varina rent by bedroom count

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

Local insights

Tips for renters in Fuquay Varina

About renting in Fuquay Varina, NC

Last updated: October 17, 2026

The median rent in Fuquay Varina is $1,875/mo as of October 2026. A studio apartment averages $1,580/mo while a 2-bedroom runs $1,840/mo. One-bedroom apartments average $1,630/mo and 3-bedroom units go for $2,330/mo.

At 31% of estimated US median household income ($72,000/yr), Fuquay Varina ranks as moderate compared to the national benchmark of 30%. Rents have increased 2.1% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in Fuquay Varina?

To keep rent at or below 30% of gross income, you would need to earn at least $75,000/year (about $36/hour full-time) to afford the median rent of $1,875/mo in Fuquay Varina.

Is rent going up or down in Fuquay Varina?

Rent in Fuquay Varina has risen 2.1% over the past year as of September 2026. That is the highest level since Zillow's records here began in February 2015.

When is the cheapest time to rent in Fuquay Varina?

Asking rents in Fuquay Varina are usually lowest in December, about 1.1% below their yearly trend, and highest in June, about 1.1% above it. At today's median that is a gap of roughly $41 a month. This pattern comes from 10 years of Zillow rent data.

How does Fuquay Varina rent compare to other cities in North Carolina?

Fuquay Varina is one of the pricier among North Carolina cities for rent, ranking #29 of 129 tracked cities at $1,875/mo. Over the year to September 2026, rent in Fuquay Varina changed +2.1%, against a typical +2.9% across the 94 North Carolina cities Zillow tracks.

Which nearby cities are cheaper to rent in than Fuquay Varina?

Nearby cities with lower median rent than Fuquay Varina ($1,875/mo) include Lillington ($1,663/mo), Cary ($1,768/mo), and Angier ($1,830/mo).
Income Affordability
31%
MODERATE

At $1,875/mo, rent takes ~31% of US median household income ($72,000/yr). The standard benchmark is 30%.

Fuquay Varina 31%Benchmark 30%
State income tax4.5%
Run the Fuquay Varina affordability calculator →
Lowest-rent ZIP codes in Fuquay Varina
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Neighborhoods

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Schools nearby

Public schools near Fuquay Varina, NC

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