Apartments For Rent By Private Owner in 27616
43 rentals
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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 Oct 2026 compared to the previous month. Rent previously peaked in May 2025.
| Month | Average rent |
|---|---|
| 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 |
| Oct 2026 | $1,890 |
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 | $780 | $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.
- When is the average rent cheapest in 27616?In the last year, the average rent in 27616 was lowest in Jan 2025 when it was $1,878 per month.
- 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.
- How many available rental listings are in 27616?There are 252 available rental listings 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.
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