$1,700 Per Month
- 2 Beds
- 2 Baths
- 1,225 Sq Ft
- Condo for Rent
2413 Wellington Ridge Loop, Cary, NC 27518
2413 Wellington Ridge Loop, Cary, NC 27518
Frequently Asked Questions
How much does it cost to rent a condo in Cary, NC?
The median rent for a condo in Cary, NC is $3,754 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while townhouses and condos are currently more expensive.
How much do you need to make to afford rent in Cary, NC?
To comfortably afford the median rent in Cary, NC, a household needs to earn roughly $90,360 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,259 per month in Cary, NC, renters typically need to show $6,777 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Cary, NC?
In Cary, NC, the price-to-rent ratio is 22.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Cary, NC are best for renting a condo?
The best neighborhood for renting in Cary, NC depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include South Cary, Crossroads, South Durham, West Raleigh and Crabtree, each with its own character and price range.
