Cheap Apartments for Rent in 27616
239 rentals
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ROOM FOR RENT
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ROOM FOR RENT
PET FRIENDLYINCOME RESTRICTED$925 - $1,225/mo
1-3 Beds
1-2 BathsOverlooke at Simms Creek Apartments | 4730 Archean Way,
Raleigh, NC 27616
SPECIAL OFFERPET FRIENDLYINCOME RESTRICTED
PET FRIENDLY
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PET FRIENDLY$999 - $1,699/moStudio-2 Beds1-2 BathsThe Piedmont Raleigh | 7621 Triangle Promenade Dr,
Raleigh, NC 27616
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PET FRIENDLYTotal price$1,019 - $1,920/mo1-3 Beds1-2 BathsNorthridge Crossings | 2901 Calliope Way,
Raleigh, NC 27616
PET FRIENDLYINCOME RESTRICTED
INCOME RESTRICTED
PET FRIENDLY
PET FRIENDLY
PET FRIENDLYINCOME RESTRICTED
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PET FRIENDLYINCOME RESTRICTED$1,192 - $1,582/mo1-3 Beds1-2 BathsRiver Birch at Town Center Apartments | 2611 Torquay Xing,
Raleigh, NC 27616
SPECIAL OFFERPET FRIENDLY
SPECIAL OFFERPET FRIENDLY$1,195 - $1,525/mo1-2 Beds1-2 BathsClairmont at Perry Creek | 8430 Perry Pines Dr,
Raleigh, NC 27616
SPECIAL OFFERPET FRIENDLYTotal price$1,214 - $1,805/moStudio-2 Beds1-2 BathsLevel at 401 | 5721 Goodstone Dr,
Raleigh, NC 27616
SPECIAL OFFERPET FRIENDLYTotal price$1,223 - $1,954/moStudio-3 Beds1-2 BathsAlta Town Center | 6601 Roxboro St,
Raleigh, NC 27616
PET FRIENDLY$1,265 - $1,650/mo1-2 Beds1-3 BathsFalls Creek Apartments and Townhomes | 8800 Cattail Creek Pl,
Raleigh, NC 27616
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NEW - 2 DAYS AGO
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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 stayed about the same in Sep 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| Oct 2025 | $1,936 |
| Nov 2025 | $1,900 |
| Dec 2025 | $1,885 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,858 |
| Mar 2026 | $1,895 |
| Apr 2026 | $1,915 |
| May 2026 | $1,850 |
| Jun 2026 | $1,895 |
| Jul 2026 | $1,900 |
| Aug 2026 | $1,899 |
| Sep 2026 | $1,900 |
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 | $1,168 | $1,525 | $1,900 | $2,308 | $1,900 |
| Townhomes | — | $1,595 | $1,900 | $2,214 | $1,899 |
| Apartments and Condos | $1,100 | $1,275 | $1,695 | — | $1,400 |
| Houses | $698 | $1,485 | $1,900 | $2,315 | $1,985 |
Frequently Asked Questions about Rentals in 27616
- What is the average rent of an apartment in 27616?The average rent of an apartment in 27616 is $1,615 per month. This is about 17% lower than the national average.
- What are the cheapest months to find an apartment to rent in 27616?Last year, the cheapest month to find an apartment to rent was Jan 2025 when it was $1,878 per month.
- How many cheap apartments are available in 27616?There are 131 apartments to rent that are cheaper than the city’s average rent of $1,900.
- When is the average rent most expensive in 27616?In the last year, the average rent in 27616 was highest in May 2025 when it was $1,995 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 $1,168 per month. That is about $72 more than the cost of a studio apartment.
- 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 baratos en renta en 27616 - 822 Rentas | Trulia