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Meridian Cary apartments in Cary, NC

Updated

Meridian Cary

100 Waddell Plaza Lane, Cary, NC 27511

Live pricing, refreshed

159
Units Listed
$1,745
Starting at
$2,813
Average
$4,680
Highest
$2.88
Per Sq Ft
PRO
Avg Days Listed

How does this compare? View Cary, NC rent trends

Beds

Pricing by Bedroom

1 Bed
$2,374
from $1,745 · 97 units
~811 sqft avg
2 Bed
$3,500
from $2,750 · 62 units
~1,239 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (69)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: stated by the property itself
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: high (building size is reported).

Est. Monthly Revenue

$90K

$1.1M annual run rate

Est. Occupancy

17%

of about 192 units (reported building size)

Effective Rent on New Leases

$2,715

vs $2,813 current asking ($98 negotiation gap)

Recent Lease Activity

190 units tracked; 31 assumed leased, 159 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

159

Very high availability

10 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Kings Mill

Neighborhood

Comparing 6 apartments in Kings Mill. Click any bar to view that building.

Available Units

159 units
1 Bed / 1 Bath S1
$1,745/mo
552 ft² · $3.16/ft\u00B2 · #050
1 Bed / 1 Bath S1
$1,790/mo
552 ft² · $3.24/ft\u00B2 · #224
1 Bed / 1 Bath S1
$1,815/mo
552 ft² · $3.29/ft\u00B2 · #324
1 Bed / 1 Bath S1
$1,820/mo
552 ft² · $3.30/ft\u00B2 · #516
1 Bed / 1 Bath S1
$1,865/mo
552 ft² · $3.38/ft\u00B2 · #424
1 Bed / 1 Bath S1
$1,865/mo
552 ft² · $3.38/ft\u00B2 · #450
1 Bed / 1 Bath A1
$1,999/mo
805 ft² · $2.48/ft\u00B2 · #207
1 Bed / 1 Bath A3
$2,060/mo
693 ft² · $2.97/ft\u00B2 · #022
1 Bed / 1 Bath A3
$2,210/mo
693 ft² · $3.19/ft\u00B2 · #223
1 Bed / 1 Bath A1
$2,225/mo
805 ft² · $2.76/ft\u00B2 · #031

Train activity

Severe nighttime trains

Freight line 676 ft away · 5 trains/day

  • 3 daytime, 2 overnight
  • Crossing 676 ft away. Horns expected day and night.
  • Operator: CSX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Cary, NC notes

No resident notes for this property yet.

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