Apartments in 27518

12 rentals

Apartments For Rent Near 27518

We found 30 more apartments matching your filters just outside 27518

Average Rent Trends in 27518

Rent in 27518 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment stayed about the same in Jun 2026 compared to the previous month. Rent for apartments peaked in May 2025.
MonthAverage rent
Jul 2025$1,599
Aug 2025$1,576
Sep 2025$1,648
Oct 2025$1,581
Nov 2025$1,599
Dec 2025$1,592
Jan 2026$1,595
Feb 2026$1,800
Mar 2026$1,553
Apr 2026$1,579
May 2026$1,691
Jun 2026$1,692
View as a graph

Average Rent By Bedroom and Home Type

In June 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,394$1,700$2,072$2,633$1,713
Townhomes——$2,175$2,200$2,175
Apartments and Condos—$1,612$1,950—$1,700
Houses$995$1,800$2,350$2,633$2,500

Frequently Asked Questions about Apartments and Condos for rent in 27518

  • What is the average rent of an apartment in 27518?
    The average rent of an apartment in 27518 is $1,694 per month. This is about 13% lower than the national average.
  • When is the average rent cheapest in 27518?
    In the last year, the average rent in 27518 was lowest in Feb 2025 when it was $1,552 per month.
  • When is the average rent most expensive in 27518?
    In the last year, the average rent in 27518 was highest in May 2025 when it was $1,650 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 27518?
    The average rent of a 1 bedroom apartment in 27518 is $1,417 per month. That is about $363 less than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 27518?
    There are 13 available apartments or condos to rent in 27518.
  • What are some cities near 27518?
    Some nearby cities include: Cary, Apex, Morrisville, Raleigh, Holly Springs, Garner. These cities may have more rental options to explore.