Apartments in Massey Hill Fayetteville

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8
$1,200
1319 B Morgan Ln Fayetteville, NC
1 BR | Available Now
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Air Conditioning
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12
$1,600
1319 A Morgan Ln Fayetteville, NC
2 BR | Available Now
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Balcony/Deck/Patio
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Haymount
16
$1,800
Fayetteville, NC
3 BR | Available Now
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0
$1,445
705 Rush Rd Fayetteville, NC
3 BR | Available Now
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Lockwood
0
$1,645
134 John St Fayetteville, NC
3 BR | Available Now
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Lockwood
8
$1,100
Fayetteville, NC
2 BR | Available Now
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Tallywood
13
$1,000
Fayetteville, NC
3 BR | Available Now
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Lockwood
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Fayetteville:
November Rent Report

Welcome to the November 2024 Fayetteville Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2024 key findings and figures for the Fayetteville rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Fayetteville and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Fayetteville average rent prices in the chart below.

Monthly Rent Report

$1,300
$980
$650
$330
$0
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
1 BR       2 BR

Fayetteville Rent Prices Increase From October to November

Fayetteville rent prices increased over the last month. From October to November, the city experienced a 1.65% increase for the price of a one-bedroom apartment. The rent price for a Fayetteville one-bedroom apartments currently stands at $986.0.

When we take a look at the two-bedroom comparison from October to November, Fayetteville experienced a 1.17% increase for the price of a two-bedroom apartment. The rent price for a Fayetteville two-bedroom apartments currently stands at $1,214.0.

November Prices: Fayetteville vs. Surrounding Areas

Spring Lake, NC
Fayetteville, NC
$2,007
$970
$0
$700
$1,400
$2,100
$2,800
Median 1 BR Rent

Rent Prices in Fayetteville and Surrounding Areas

Rent prices have increased in Fayetteville over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Fayetteville suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Fayetteville suburbs

  • Rent decreased in Spring Lake, NC.

  • 1 suburb is currently priced higher than the city of Fayetteville.

November 2024 Pricing Trends: Fayetteville vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Fayetteville, NC
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$970
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

Fayetteville Rent Prices More Affordable Than Major Cities

Rent growth in Fayetteville over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Fayetteville average rent prices appear to be relatively affordable for local residents.

The price for a Fayetteville one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Fayetteville and surrounding area rent prices, take a look at the complete data set below.

Data set for Fayetteville and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Fayetteville, NC $970.0 2.11% $1,200.0 2.56%
Spring Lake, NC $2,007.0 -2.34% $1,405.0 -0.07%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.