Cheap Apartments for Rent in 27601
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- $1,125 - $1,175/mo1 Bed1 BathCapital Flats & Magnolia Square Apartments | 500 E Hargett St #5246862,
Raleigh, NC 27601 - Total price$1,180 - $2,675/moStudio-3 Beds1-3 BathsSkyhouse Raleigh | 308 S Blount St #1407,
Raleigh, NC 27601 - Total price$1,232 - $2,128/moStudio-2 Beds1-2 BathsThe Lincoln | 408 E Hargett St #227,
Raleigh, NC 27601 - $1,290 - $2,575/moStudio-2 Beds1-3 BathsThe Edison Lofts Apartments | 131 E Davie St #304,
Raleigh, NC 27601 Save Search in 27601
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Average Rent Trends in 27601
Rent in 27601 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,950 |
| Jul 2025 | $2,350 |
| Aug 2025 | $2,400 |
| Sep 2025 | $2,400 |
| Oct 2025 | $2,350 |
| Nov 2025 | $2,300 |
| Dec 2025 | $2,190 |
| Jan 2026 | $2,195 |
| Feb 2026 | $2,100 |
| Mar 2026 | $2,053 |
| Apr 2026 | $2,100 |
| May 2026 | $1,995 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,697 | $2,100 | $2,686 | $4,500 | $2,100 |
| Townhomes | — | $2,100 | $2,250 | — | $2,500 |
| Apartments and Condos | $1,750 | $1,795 | $3,072 | $983 | $1,800 |
| Houses | $750 | $2,200 | $2,650 | $4,500 | $2,428 |
Frequently Asked Questions about Rentals in 27601
- What is the average rent of an apartment in 27601?The average rent of an apartment in 27601 is $1,596 per month. This is about 17% lower than the national average.
- What is the average rent of a house in 27601?The average rent of a house in 27601 is $2,428 per month. This is about 26% higher than the national average.
- What is the average rent of a townhome in 27601?The average rent of a townhome in 27601 is $2,500 per month. This is about 30% higher than the national average.
- When is the average rent cheapest in 27601?In the last year, the average rent in 27601 was lowest in Jun 2025 when it was $1,950 per month.
- When is the average rent most expensive in 27601?In the last year, the average rent in 27601 was highest in Aug 2025 when it was $2,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27601?The average rent of a 1 bedroom apartment in 27601 is $1,697 per month. That is about $217 more than the cost of a studio apartment.
- How many available rental listings are in 27601?There are 82 available rental listings in 27601.
- What are some cities near 27601?Some nearby cities include: Raleigh, Knightdale, Garner, Cary, Morrisville, Wendell. These cities may have more rental options to explore.