ZIP 27511
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Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
December. Asking rents in ZIP 27511 usually run 1.1% below trend in December and 1% above it in August, about $40 a month apart at today's median. Based on 8 years of data.
Rent in ZIP 27511 is at its highest level since Zillow's records here began in December 2017.
Rent in ZIP 27511 changed +2.4% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 27511 rose 41.1% while median household income rose 38% ($78,182 to $107,860). Rent outpaced income.
Rent in ZIP 27511 is 43.2% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 8 of the last 12 months.
30% of the median household income ($107,860) is $2,697 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,030); a 4-bedroom is $2,720.
4th cheapest of 4 ZIP codes in Cary.
ZIP 27518, 2 miles away, rents for 16% less ($1,609/mo), about $3,700 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 27511. 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.
Who lives here
ZIP 27511 (Cary, NC) is majority owner-occupied, has a median income above the national average, 58.2% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 27511 in Cary, NC has changed in 5 years
Since 2021, the typical rent in ZIP 27511 in Cary, NC has increased from $1,435 to $1,915, a 33.4% change over five years. Local incomes tracked alongside that move, going from a median of $87,598 in 2021 to $107,860 more recently. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 1.0% since 2021, moving from about 32,903 residents to roughly 33,221. College-educated residents now make up 58.2% of adults here, versus 55.6% in 2021. These shifts give renters and would-be renters a longer baseline for sizing up today's listings against the ZIP 27511 in Cary, NC market of 2021.
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Tips for renters in ZIP 27511
Last updated: October 17, 2026
ZIP code 27511 covers Cary, NC. The median rent here is $1,915/mo as of October 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,620/mo.
At 21% of local median household income ($107,860/yr), ZIP 27511 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.4% over the past year.
Frequently asked questions
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How does ZIP 27511 compare to other ZIPs in North Carolina?
How does ZIP 27511 compare to the rest of Cary?
At $1,915/mo, rent takes ~21% of ZIP 27511's median household income ($107,860/yr). The standard benchmark is 30%.
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