Cheap Apartments for Rent in 27605
47 rentals
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLYTotal price$989 - $1,619/mo
Studio-2 Beds
1-2 BathsWedgwood Apartments | 736 Smallwood Dr #G2,
Raleigh, NC 27605
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SPECIAL OFFERPET FRIENDLY$1,313 - $2,870/moStudio-2 Beds1-2 BathsBerkshire Village District | 2128 Clark Ave #134,
Raleigh, NC 27605
NEW - 12 HRS AGOSPECIAL OFFERPET FRIENDLYTotal price$1,323 - $2,652/moStudio-3 Beds1-2 BathsOberlin Court Apartments | 1009 Wade Ave #2-111,
Raleigh, NC 27605
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SPECIAL OFFERTotal price$1,467 - $2,353/moStudio-2 Beds1-2 BathsPark and Market | 141 Park Ave #422,
Raleigh, NC 27605
SPECIAL OFFERPET FRIENDLY$1,499 - $3,149/moStudio-2 Beds1-2 BathsCamden Village District | 1906 Clark Ave #32,
Raleigh, NC 27605
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Average Rent Trends in 27605
Rent in 27605 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,795 |
| Jul 2025 | $1,737 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,700 |
| Oct 2025 | $1,650 |
| Nov 2025 | $1,650 |
| Dec 2025 | $1,675 |
| Jan 2026 | $1,650 |
| Feb 2026 | $1,645 |
| Mar 2026 | $1,649 |
| Apr 2026 | $1,700 |
| May 2026 | $1,777 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,613 | $1,700 | $2,025 | $2,045 | $1,766 |
| Townhomes | $1,800 | $1,600 | $1,945 | $2,045 | $2,045 |
| Apartments and Condos | $1,650 | $1,710 | $2,160 | $4,650 | $1,700 |
| Houses | $1,200 | $1,695 | $2,728 | — | $1,695 |
Frequently Asked Questions about Rentals in 27605
- What is the average rent of an apartment in 27605?The average rent of an apartment in 27605 is $1,376 per month. This is about 29% lower than the national average.
- What is the average rent of a house in 27605?The average rent of a house in 27605 is $1,695 per month. This is about 12% lower than the national average.
- What is the average rent of a townhome in 27605?The average rent of a townhome in 27605 is $2,045 per month. This is about 6% higher than the national average.
- When is the average rent cheapest in 27605?In the last year, the average rent in 27605 was lowest in Oct 2025 when it was $1,650 per month.
- When is the average rent most expensive in 27605?In the last year, the average rent in 27605 was highest in Feb 2025 when it was $1,850 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27605?The average rent of a 1 bedroom apartment in 27605 is $1,613 per month. That is about $463 more than the cost of a studio apartment.
- How many available rental listings are in 27605?There are 63 available rental listings in 27605.
- What are some cities near 27605?Some nearby cities include: Raleigh, Cary, Knightdale, Garner, Morrisville, Rolesville. These cities may have more rental options to explore.