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ZIP Code · NC

ZIP 27511

Part of Cary, NC
Pop. 33,221·Wake County·127th most expensive ZIP in North Carolina
Median rent (all units)
$1,637/mo
Year-over-Year
+5.4%
Month-over-Month
+4.6%
vs US Median
-$328
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27511 · $1,637
More affordable than 63% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,410
1 BR
$1,480
2 BR
$1,620
3 BR
$2,030
4 BR+
$2,720
Research median
$1,620/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$19,644/yr
At $1,637/mo median
Location
CityCary
StateNC
CountyWake County
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 5.4% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+5.4% YoY, +4.6% MoM), not inventory.
Demographics

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.

Population
33,221
Median income
$107,860
Median age
42.1
Renters
33.1%
Age distribution
21.6%
19.7%
25.7%
12.9%
20%
Under 1821.6%
18–3419.7%
35–5425.7%
55–6412.9%
65+20%
Gender
49.1%
50.9%
Male49.1%
Female50.9%
Race & ethnicity
67.7%
15.7%
White67.7%
Black6.1%
Hispanic15.7%
Asian5.6%
Other5%
Education (25+)
22.9%
58.2%
No HS diploma7.3%
HS diploma11.7%
Some college22.9%
Bachelor's+58.2%
Housing tenure
66.9%
33.1%
Owner66.9%
Renter33.1%

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

2021 vs 2026

How ZIP 27511 in Cary, NC has changed in 5 years

Rent
$1,153 → $1,637
up 42.0%
Income
$87,598 → $107,860
up 23.1%
Population
32,903 → 33,221
up 1.0%
Renter share
32.5% → 33.1%
+0.6 pts
Bachelor's+
55.6% → 58.2%
+2.6 pts

Since 2021, the typical rent in ZIP 27511 in Cary, NC has increased from $1,153 to $1,637, a 42.0% 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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Local insights

Tips for renters in ZIP 27511

About renting in ZIP 27511

Last updated: July 20, 2026

ZIP code 27511 covers Cary, NC. The median rent here is $1,637/mo as of July 2026. A 1-bedroom rents for a median of $1,480/mo. A 2-bedroom rents for a median of $1,620/mo.

At 18% of local median household income ($107,860/yr), ZIP 27511 ranks as affordable compared to the national benchmark of 30%. Rents have increased 5.4% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27511?

As of July 20, 2026, the median monthly rent in ZIP 27511 (Cary, NC) is $1,637. This is based on aggregated data from public sources and community submissions.

How does ZIP 27511 rent compare to the US average?

ZIP 27511's median rent of $1,637/mo is $328 (17%) below the US national median of $1,965/mo.

How does ZIP 27511 compare to other ZIPs in North Carolina?

ZIP 27511 falls in the middle range for North Carolina, ranking #127 out of 227 ZIPs at $1,637/mo.

How much income do you need to rent in ZIP 27511?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (~$31/hour full-time) to afford the median rent of $1,637/mo in ZIP 27511. The local median household income is $107,860/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27511?

Rent in ZIP 27511 has increased 5.4% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27511 an affordable place to rent?

ZIP 27511 is considered very affordable for renters. At $1,637/mo, rent takes approximately 18% of the local median household income ($107,860/yr). The standard benchmark is 30%. ZIP 27511 falls comfortably within that range.

What percentage of ZIP 27511 residents rent vs. own?

According to Census data, approximately 33.1% of ZIP 27511 households are renters, while 66.9% are owner-occupied. ZIP 27511 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27511 compare to the rest of Cary?

ZIP 27511 is more affordable than Cary overall. At $1,637/mo, it's $138 below the Cary citywide median of $1,775/mo.

When was rent data for ZIP 27511 last updated?

Rent data for ZIP 27511 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,637/mo, rent takes ~18% of ZIP 27511's median household income ($107,860/yr). The standard benchmark is 30%.

ZIP 27511 18%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27511 (Cary, NC)

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