Cheap Apartments for Rent in 27518

27 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 decreased in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Oct 2025$1,700
Nov 2025$1,661
Dec 2025$1,650
Jan 2026$1,664
Feb 2026$1,630
Mar 2026$1,650
Apr 2026$1,579
May 2026$1,739
Jun 2026$1,709
Jul 2026$1,720
Aug 2026$1,785
Sep 2026$1,654
View as a graph

Average Rent By Bedroom and Home Type

In September 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,362$1,689$2,066$690$1,642
Townhomes—$1,563$2,200—$1,563
Apartments and Condos—$1,689$1,975—$1,689
Houses$995—$2,300$690$2,300

Frequently Asked Questions about Rentals in 27518

  • What is the average rent of an apartment in 27518?
    The average rent of an apartment in 27518 is $1,650 per month. This is about 15% lower than the national average.
  • What are the cheapest months to find an apartment to rent in 27518?
    Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,650 per month.
  • How many cheap apartments are available in 27518?
    There are 16 apartments to rent that are cheaper than the city’s average rent of $1,642.
  • 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 $1,736 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 $1,362 per month. That is about $377 less than the cost of a studio apartment.
  • 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 27518 - 489 Rentas | Trulia