Cheap Apartments for Rent in 27316

3 rentals

Apartments For Rent Near 27316

We found 30 more apartments matching your filters just outside 27316

Average Rent Trends in 27316

Rent in 27316 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Dec 2025.
MonthAverage rent
Jun 2025$1,200
Jul 2025$950
Aug 2025$974
Sep 2025$925
Oct 2025$1,000
Nov 2025$650
Dec 2025$1,250
Jan 2026$1,600
Feb 2026$1,250
Mar 2026$727
Apr 2026$746
May 2026$800
View as a graph

Average Rent By Bedroom and Home Type

1 bed2 beds3 beds4 bedsAll
All home types$675$850$1,500—$1,095
Houses—$1,095$1,500—$1,500

Frequently Asked Questions about Rentals in 27316

  • What is the average rent in 27316?
    The average rent in 27316 is $800. Rent prices range from $675 to as much as $1,550, depending on the type of rental.
  • How does the rent in 27316 compare to the national average?
    Average rent in 27316 is about 58% lower than the national average rent of $1,910. That means it is less expensive to rent in 27316 compared to the U.S. average.
  • What is the average rent in 27316, by number of bedrooms?
    The average rent in 27316 is $ for a studio, $675 for a 1 bedroom, $800 for a 2 bedroom, $1,500 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in 27316 changed compared to last year?
    In the past year, the average rent price in 27316 has decreased by $150. That means the average rent is 19% lower than last year.
  • How many available rental listings are in 27316?
    There are 3 available rental listings in 27316.
  • What are some cities near 27316?
    Some nearby cities include: Ramseur, Staley, Franklinville, Bennett, Siler City, Seagrove. These cities may have more rental options to explore.