Cary / Morrisville is a established-tier Raleigh-Durham submarket with average asking rent around $32/sqft/yr.

  • Average asking rent: $32/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $36/sqft/yr ($36 USD).
  • Citywide vacancy: 16.8% — submarket-level availability is typically tighter at established tier.

Cary / Morrisville, Raleigh-Durham office rents and availability

Cary / Morrisville is a established-tier Raleigh-Durham submarket with average asking rent around $32/sqft/yr.

TL;DR

  • Average asking rent: $32/sqft/yr.
  • Tier: established.
  • Citywide Class A rent context: $36/sqft/yr ($36 USD).
  • Citywide vacancy: 16.8% — submarket-level availability is typically tighter at established tier.

Where rent sits

Cary / Morrisville averages around $32/sqft/yr for Class A, against a citywide Class A index of 36. As an established / value submarket, rent runs at or below city average with deeper availability.

Availability dynamics

Tech-tilted suburban submarket near RDU. Tech (SAS, Epic Games, Lenovo), gaming, professional services.

Key facts

cityRaleigh-Durham
submarketCary / Morrisville
tierestablished
averageRentLocal$32/sqft/yr
cityClassARentUsd$36/sqft/yr
cityVacancyPct16.8%

Frequently asked questions

What is the average Class A rent in Cary / Morrisville, Raleigh-Durham?
Around $32/sqft/yr. The citywide Class A index sits at $36/sqft/yr.

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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