Cheap Apartments for Rent in 27603
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SPECIAL OFFERPET FRIENDLYTotal price$850 - $900/mo
3-4 Beds
3-4 BathsUniversity Suites Student Housing | 2190 Ocean Reef Pl,
Raleigh, NC 27603
NEW - 5 HRS AGOROOM FOR RENT
PET FRIENDLY
SPECIAL OFFERPET FRIENDLY
NEW - 1 DAY AGOSPECIAL OFFER$1,153 - $1,706/mo1-3 Beds1-2 BathsLenoxplace at Garner Station Apartments | 1100 Lenoxplace Cir,
Raleigh, NC 27603
PET FRIENDLY
NEW - 1 HR AGOPET FRIENDLY
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Average Rent Trends in 27603
Rent in 27603 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $1,899 |
| Dec 2025 | $1,834 |
| Jan 2026 | $1,895 |
| Feb 2026 | $1,899 |
| Mar 2026 | $1,812 |
| Apr 2026 | $1,890 |
| May 2026 | $1,895 |
| Jun 2026 | $1,895 |
| Jul 2026 | $1,928 |
| Aug 2026 | $1,900 |
| Sep 2026 | $1,895 |
| Oct 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,375 | $1,800 | $1,910 | $2,350 | $1,850 |
| Townhomes | $575 | $1,780 | $1,950 | $2,275 | $1,890 |
| Apartments and Condos | $845 | $1,950 | $1,575 | $645 | $1,478 |
| Houses | $650 | $1,700 | $1,900 | $2,495 | $2,016 |
Frequently Asked Questions about Rentals in 27603
- What is the average rent of an apartment in 27603?The average rent of an apartment in 27603 is $1,479 per month. This is about 23% lower than the national average.
- What are the cheapest months to find an apartment to rent in 27603?Last year, the cheapest month to find an apartment to rent was Dec 2025 when it was $1,834 per month.
- How many cheap apartments are available in 27603?There are 124 apartments to rent that are cheaper than the city’s average rent of $1,850.
- When is the average rent most expensive in 27603?In the last year, the average rent in 27603 was highest in May 2025 when it was $1,990 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27603?The average rent of a 1 bedroom apartment in 27603 is $1,375 per month. That is about $120 less than the cost of a studio apartment.
- What are some cities near 27603?Some nearby cities include: Garner, Willow Spring, Raleigh, Holly Springs, Angier, Cary. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en 27603 - 1,391 Rentas | Trulia