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Typical Rent in 27231 — Cedar Grove, NC
The typical 1-bedroom rent in 27231 (Cedar Grove, NC) is $1,630/month as of 2026, based on 4 data sources. Rents have fallen 0.2% year over year, so an increase above 0.2% exceeds the local market trend. Studio: $1,400. 2-bedroom: $1,690.
Rents in Cedar Grove have changed approximately -2.6% – +10.4% over the past year based on local market data. A rent increase above 10.4% is above the local market trend.
Estimated Rent · 1-Bedroom
$1,630/mo
Source: HUD Estimated Rent
Data through
Based on 4 independent data sources including local market trends and nearby listings.
The HUD Fair Market Rent for a 1-bedroom in 27231 (Cedar Grove, NC) is $1,480 for FY2026.
Rents in 27231 have decreased 0.2% year-over-year based on local market data.
The confidence level for this estimate is high based on 4 data sources.
Based on local market data, a fair rent increase in Cedar Grove (27231) is approximately 0.2% for 2026. The typical 1-bedroom rent is $1,630/month. Any increase significantly above 0.2% exceeds the local market trend and may be worth negotiating.
Sources: local market data, HUD SAFMR FY2026, Rentcast. Updated February 2026.
What Should Rent Cost in 27231 (Cedar Grove)?
Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.
A studio in 27231 (Cedar Grove) typically rents for $1,400 – $1,532.
Rents above $1,762 are in the top 25% for this area.
A 1-bedroom in 27231 (Cedar Grove) typically rents for $1,480 – $1,630.
Rents above $1,874 are in the top 25% for this area.
A 2-bedroom in 27231 (Cedar Grove) typically rents for $1,690 – $1,850.
Rents above $2,128 are in the top 25% for this area.
A 3-bedroom in 27231 (Cedar Grove) typically rents for $2,110 – $2,289.
Rents above $2,632 are in the top 25% for this area.
A 4-bedroom in 27231 (Cedar Grove) typically rents for $2,530 – $2,732.
Rents above $3,142 are in the top 25% for this area.
Current Asking Rents in 27231
What are apartments actually renting for near 27231? Click below to see live asking rents from current listings.
Live market data · Updated daily
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Rent Trends in Cedar Grove, NC
-0.2%
Rents in 27231 (Cedar Grove) are holding steady at -0.2% year-over-year.
ℹ Limited data
Market sources range from -2.6% to +10.4%
Local vacancy rate: 7.0%
Sources: Apartment List, HUD Fair Market Rent
Federal Rent Benchmarks for 27231
HUD Fair Market Rents are federal rent benchmarks used for housing programs, published annually by HUD.Note: These values represent the HUD metro-area benchmark for the Caswell County, NC area, not zip-specific rates.
| Bedroom Size | Fair Market Rent | Estimated Rent |
|---|---|---|
| Studio | $1,400 | $1,532 |
| 1-Bedroom | $1,480 | $1,630 |
| 2-Bedroom | $1,690 | $1,850 |
| 3-Bedroom | $2,110 | $2,289 |
| 4-Bedroom | $2,530 | $2,679 |
Source: HUD SAFMR FY2026 · Updated
Questions about rent in 27231
What is the average 1-bedroom rent in 27231?
The typical 1-bedroom rent in 27231 (Cedar Grove, NC) is $1,630/month as of 2026. This page also shows nearby bedroom benchmarks, including studio rent at $1,400 and 2-bedroom rent at $1,690.
What is a fair rent increase in 27231?
A rent increase up to about 0.2% is in line with the recent local market trend in 27231. An increase above that level is above trend and may justify a closer review against local pricing and comparable apartments.
Are rents going up or down in 27231?
Rents in 27231 have fallen 0.2% year over year based on the local trend data used on this page.
How much do studios and 2-bedrooms cost in 27231?
On this page, studio rent in 27231 is $1,400/month and 2-bedroom rent is $1,690/month. These figures help show whether your current or proposed rent fits the broader local bedroom mix.
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Similar Rents in Other Areas
These zip codes have similar 1-bedroom rents to 27231 ($1,480/mo) — useful for comparing what your rent gets you in other markets.
Nearby Areas
Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →