Cheap Apartments for Rent in 27518

24 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 increased in Aug 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Sep 2025$1,657
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
View as a graph

Average Rent By Bedroom and Home Type

In August 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$1,388$1,749$2,200$950$1,762
Townhomes—$1,737$2,500—$2,150
Apartments and Condos—$1,900——$1,900
Houses$995$1,600$2,850$950$2,850

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 $1,762 per month. This is about 10% 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 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 $1,388 per month. That is about $351 less than the cost of a studio apartment.
  • How many available rental listings are in 27518?
    There are 25 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.
View this page in Spanish: Apartamentos baratos en renta en los alrededores de 27518 - 506 Rentas | Trulia