Apartments in 27616

39 rentals

Apartments For Rent Near 27616

We found 30 more apartments matching your filters just outside 27616

Average Rent Trends in 27616

Rent in 27616 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment increased in Aug 2026 compared to the previous month. Rent for apartments peaked in Aug 2025.
MonthAverage rent
Sep 2025$1,336
Oct 2025$1,454
Nov 2025$1,467
Dec 2025$1,303
Jan 2026$1,353
Feb 2026$1,362
Mar 2026$1,416
Apr 2026$1,424
May 2026$1,402
Jun 2026$1,588
Jul 2026$1,342
Aug 2026$1,358
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$1,200$1,533$1,900$2,350$1,900
Townhomes$780$1,603$1,950$2,095$1,950
Apartments and Condos$1,325$1,385$1,495$1,092$1,385
Houses$640$1,600$1,900$2,350$1,979

Frequently Asked Questions about Apartments and Condos for rent in 27616

  • What is the average rent of an apartment in 27616?
    The average rent of an apartment in 27616 is $1,353 per month. This is about 31% lower than the national average.
  • When is the average rent for an apartment cheapest in 27616?
    In the last year, the average rent in 27616 was lowest in Feb 2025 when it was $1,183 per month.
  • When is the average rent for an apartment most expensive in 27616?
    In the last year, the average rent in 27616 was highest in Aug 2025 when it was $1,510 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in 27616?
    The average rent of a 1 bedroom apartment in 27616 is $1,259 per month. That is about $112 more than the cost of a studio apartment.
  • How many apartments or condos are available to rent in 27616?
    There are 41 available apartments or condos to rent in 27616.
  • What are some cities near 27616?
    Some nearby cities include: Rolesville, Knightdale, Raleigh, Wake Forest, Wendell, Youngsville. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos en 27616 - 775 Apartamentos | Trulia