Cheap Apartments for Rent in 27518

19 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 Jun 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jul 2025$1,678
Aug 2025$1,678
Sep 2025$1,657
Oct 2025$1,700
Nov 2025$1,662
Dec 2025$1,650
Jan 2026$1,664
Feb 2026$1,628
Mar 2026$1,650
Apr 2026$1,579
May 2026$1,739
Jun 2026$1,707
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$2,200$1,713
Townhomes——$2,400$2,200$2,200
Apartments and Condos—$1,612$1,950—$1,700
Houses$995—$2,350$2,500$2,500

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 $1,694 per month. This is about 13% lower than the national average.
  • What is the average rent of a house in 27518?
    The average rent of a house in 27518 is $2,500 per month. This is about 28% higher than the national average.
  • What is the average rent of a townhome in 27518?
    The average rent of a townhome in 27518 is $2,200 per month. This is about 13% higher than the national average.
  • When is the average rent cheapest in 27518?
    In the last year, the average rent in 27518 was lowest in Dec 2025 when it was $1,650 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 $1,736 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 $1,394 per month. That is about $386 less than the cost of a studio apartment.
  • How many available rental listings are in 27518?
    There are 22 available rental listings 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.