Rental House Prices in Cary? (Raleigh, Apex: rentals, buying, university) - Raleigh, Durham, Chapel Hill, Cary - North Carolina (NC) -The Triangle Area - City-Data Forum

FSNRI · 05-04-2007, 01:12 PM

I was wondering if there are many houses for rent in Cary, and what the typical rent would be for a 3 bedroom 2 bath townhouse would be. Or a rental in Apex--are they much cheaper?

FSNRI · 05-04-2007, 02:34 PM

Hello? (hears echo)

muse1110 · 05-04-2007, 02:35 PM

What has your search involved thus far? That way, I won't be suggesting something you've already explored.

raccemup · 05-04-2007, 02:37 PM

It's slow around here on Fridays. The best thing would be to find an MLS site and search rentals in cary and apex. I use sellingdirectly.com which has an advanced MLS search and there are rentals listed there. Good luck!

MikeJaquish · 05-04-2007, 02:50 PM

Quote:

Originally Posted by FSNRI

I was wondering if there are many houses for rent in Cary, and what the typical rent would be for a 3 bedroom 2 bath townhouse would be. Or a rental in Apex--are they much cheaper?

$900 to $1500 depending on amenities, location and TH community.
Not much difference between Apex and Cary for comparable units.

FSNRI · 05-04-2007, 03:11 PM

I'm wondering about buying a townhouse near to NC state in Raleigh as an investment property. If I bought a 3 bedroom townhouse, near to the university (less than 5 miles away) would this make a good investment.

MikeJaquish · 05-04-2007, 03:17 PM

Quote:

Originally Posted by FSNRI

I'm wondering about buying a townhouse near to NC state in Raleigh as an investment property. If I bought a 3 bedroom townhouse, near to the university (less than 5 miles away) would this make a good investment.

Are you looking at the new ones on Western Blvd. at Blue Ridge Road?

FSNRI · 05-04-2007, 03:36 PM

Hi Mike,

No, I was looking at something in $100,000 dollar range.

MikeJaquish · 05-04-2007, 04:12 PM

Quote:

Originally Posted by FSNRI

Hi Mike,

No, I was looking at something in $100,000 dollar range.

In Cary or Apex??
Well, it should cash flow at that price.
Most of what I see at $100,000 is two bedroom stuff.

Three bedroom units seem to go for more like $110,000-$120,000 and up.

FSNRI · 05-04-2007, 04:14 PM

Hi Mike,

Yes, I was thinking 110 max for 3 bedroom. What do you think I could rent that for--3 bedroom townhouse in Cary near to NC State--I would pay cash for the house.