Cheap Apartments for Rent in 27605
44 rentals
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Studio-2 Beds
1-2 BathsWedgwood Apartments | 736 Smallwood Dr,
Raleigh, NC 27605
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SPECIAL OFFERPET FRIENDLYTotal price$1,367 - $2,616/moStudio-3 Beds1-2 BathsOberlin Court Apartments | 1009 Wade Ave,
Raleigh, NC 27605
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NEW - 21 HRS AGOSPECIAL OFFERTotal price$1,417 - $2,325/moStudio-2 Beds1-2 BathsPark and Market | 141 Park Ave,
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 Aug 2026 compared to the previous month. Rent previously peaked in Feb 2025.
| Month | Average rent |
|---|---|
| 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 | $1,643 |
| Apr 2026 | $1,700 |
| May 2026 | $1,774 |
| Jun 2026 | $1,675 |
| Jul 2026 | $1,600 |
| Aug 2026 | $1,692 |
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 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,240 | $1,779 | $1,950 | $3,300 | $1,674 |
| Townhomes | — | $1,700 | $1,950 | — | $1,700 |
| Apartments and Condos | $1,250 | $1,800 | — | — | $1,500 |
| Houses | $1,200 | $1,550 | $2,850 | $3,300 | $2,200 |
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 $1,341 per month. This is about 32% lower 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 $1,240 per month. That is about $122 less than the cost of a studio apartment.
- How many available rental listings are in 27605?There are 52 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.
View this page in Spanish: Apartamentos baratos en renta en 27605 - 183 Rentas | Trulia