ZIP Code · NC

ZIP 27513

Part of Cary, NC
Pop. 46,979·Wake County·125th most expensive ZIP in North Carolina
Median rent (all units)
$1,629/mo
Year-over-Year
+0.3%
Month-over-Month
+0.2%
vs US Median
-$303
Reported rents
Stable (Monthly)
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Most AffordableMost Expensive
ZIP 27513 · $1,629
More affordable than 63% of US ZIP codes · National median $1,932/mo
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Medians by bedroom

Rent by unit size

Studio
$1,287
1 BR
$1,349
2 BR
$1,480
3 BR
$1,858
4 BR+
$2,482
Research median
$1,480/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: October 17, 2026

From the history

What the numbers show

Cheapest month to sign

January. Asking rents in ZIP 27513 usually run 1.2% below trend in January and 1.1% above it in August, about $37 a month apart at today's median. Based on 11 years of data.

Compared with the peak

Rent in ZIP 27513 is 2.2% below its high of $1,666 in January 2026, at $1,629 as of September 2026.

Past year vs. the rest of North Carolina

Rent in ZIP 27513 changed +0.2% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.

Rent vs. income since 2019

From 2019 to 2024, rent in ZIP 27513 rose 32.5% while median household income rose 25.9% ($96,913 to $121,989). Rent outpaced income.

Since before the pandemic

Rent in ZIP 27513 is 29.7% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.

Recent direction

Rent rose in 7 of the last 12 months.

What a typical income covers

30% of the median household income ($121,989) is $3,050 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($2,410); a 4-bedroom is $3,220.

Rank in Cary

2nd cheapest of 4 ZIP codes in Cary.

Cheaper nearby

ZIP 27609, 10 miles away, rents for 15% less ($1,381/mo), about $3,000 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 27513. 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
$19,548/yr
At $1,629/mo median
Location
CityCary
StateNC
CountyWake County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (+0.3% YoY, +0.2% MoM), not inventory.
Demographics

Who lives here

ZIP 27513 (Cary, NC) is majority owner-occupied, has a median income above the national average, 68.4% of residents hold a bachelor's degree or higher.

Population
46,979
Median income
$121,989
Median age
41.1
Renters
36.1%
Age distribution
20.2%
19.9%
30.5%
15.7%
13.7%
Under 1820.2%
18–3419.9%
35–5430.5%
55–6415.7%
65+13.7%
Gender
50.5%
49.5%
Male50.5%
Female49.5%
Race & ethnicity
63.4%
12.9%
White63.4%
Black8.8%
Hispanic11.1%
Asian12.9%
Other3.8%
Education (25+)
21.7%
68.4%
No HS diploma2.7%
HS diploma7.3%
Some college21.7%
Bachelor's+68.4%
Housing tenure
63.9%
36.1%
Owner63.9%
Renter36.1%

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

2021 vs 2026

How ZIP 27513 in Cary, NC has changed in 5 years

Rent
$1,312 → $1,629
up 24.2%
Income
$108,015 → $121,989
up 12.9%
Population
47,671 → 46,979
down 1.5%
Renter share
36.9% → 36.1%
-0.8 pts
Bachelor's+
67.8% → 68.4%
+0.6 pts
Median age
39.5 → 41.1
+1.6 yrs

Five years ago, renters in ZIP 27513 in Cary, NC paid around $1,312 a month. That figure now sits near $1,629, up 24.2% from the 2021 baseline. Census figures show median household income at $121,989 today, compared with $108,015 five years earlier. Because rent grew faster than wages over the same span, the affordability picture has tightened relative to 2021. Census counts show ZIP 27513 in Cary, NC losing about 692 residents over the five-year window, down 1.5% on net. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

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About renting in ZIP 27513

Last updated: October 17, 2026

ZIP code 27513 covers Cary, NC. The median rent here is $1,629/mo as of October 2026. A 1-bedroom rents for a median of $1,349/mo. A 2-bedroom rents for a median of $1,480/mo.

At 16% of local median household income ($121,989/yr), ZIP 27513 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.3% over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 27513?

To keep rent at or below 30% of gross income, you would need to earn at least $65,000/year (about $31/hour full-time) to afford the median rent of $1,629/mo in ZIP 27513. The local median household income is $121,989/yr, so the typical household meets that bar.

Is rent going up or down in ZIP 27513?

Rent in ZIP 27513 has been roughly flat over the past year as of September 2026, a +0.3% change. It sits 2.2% below its high of $1,666 in January 2026.

When is the cheapest time to rent in ZIP 27513?

Asking rents in ZIP 27513 are usually lowest in January, about 1.2% below their yearly trend, and highest in August, about 1.1% above it. At today's median that is a gap of roughly $37 a month. This pattern comes from 11 years of Zillow rent data.

Has rent outpaced income in ZIP 27513?

Yes. From 2019 to 2024, rent in ZIP 27513 rose 32.5% while median household income rose 25.9%, from $96,913 to $121,989. Rent is Zillow's yearly average; income is the Census 5-year estimate for the same years.

How does ZIP 27513 compare to other ZIPs in North Carolina?

ZIP 27513 is in the middle among North Carolina ZIP codes for rent, ranking #125 of 230 at $1,629/mo. Over the year to September 2026, rent in ZIP 27513 changed +0.2%, against a typical +2.6% across the 190 North Carolina ZIP codes Zillow tracks.

How does ZIP 27513 compare to the rest of Cary?

At $1,629/mo, ZIP 27513 is $139 below the Cary citywide median of $1,768/mo. It is the 2nd cheapest of 4 ZIP codes in Cary.
Income Affordability
16%
VERY AFFORDABLE

At $1,629/mo, rent takes ~16% of ZIP 27513's median household income ($121,989/yr). The standard benchmark is 30%.

ZIP 27513 16%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27513 (Cary, NC)

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