Downtown Cary Apartments — Cary, NC Rent Comps

Asking & effective rent by bedroom

Average asking rent across observed units: $2,985. Average effective rent: $2,985.

Type	Asking rent	Effective rent	Avg sqft	Observations
Studio	$1,868	$1,868	640	2
1 bedroom	$2,185	$2,185	785	7
2 bedroom	$3,348	$3,348	1,220	9
3 bedroom	$4,508	$4,508	1,500	3

HUD Fair Market Rent gap

HUD area: Raleigh-Cary, NC MSA.

FMR comparison not observed for this property.

Amenities

1 Gig Internet Speed14’ Ceilings24-Hour Dry Cleaning Lockers24-Hour Fitness Center with Interactive Yoga & Spin Studio24-Hour Package LockerBike Storage with Repair StationChef-Inspired Outdoor Kitchen with GrillsCommunity KitchenConcierge-Style ServicesControlled Access BuildingsCovered Outdoor Lounge, Wet Bar, & Dining AreasCustom Roller ShadesCustom Walk-In ClosetsDeep Soaker TubsDesigner Energy-Efficient LightingDouble Vanity SinksElevator Access ThroughoutEnergy-Efficient, Stainless-Steel AppliancesEV Charging StationsExclusive 5th Floor Lounge with GamingFull-Service Indoor Pet Spa & Pet LawnFull-Size Washer & Dryer IncludedGame Lawn with Cornhole & Ping Pong TableGourmet Coffee Bar (Cold Brew & Kombucha)

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

Property	Location	Distance	Avg asking	Similarity
Apartments in	Cary, NC	0.39 mi	$1,368	53%
Aurella Cary	Cary, NC	2.12 mi	$1,055	36%
MAA Wade Park	Raleigh, NC	2.88 mi	$1,547	22%

Sources & provenance

Sourced from https://meridianeastchatham.com/floorplans/ — 21 observation(s), last observed Aug 6, 2026.

Data age: 11 days. Last observed: Aug 6, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

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