Cheap Apartments for Rent in 27701
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Use arrow keys to navigateSPECIAL OFFERPET FRIENDLY$875 - $1,350/mo
Studio-2 Beds
1 BathIcon Downtown Durham | 1500 Duke University Rd #5e697335f,
Durham, NC 27701
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SPECIAL OFFERPET FRIENDLYTotal price$1,293 - $2,230/moStudio-2 Beds1-2 Baths605 West End | 605 W Chapel Hill St #551,
Durham, NC 27701
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SPECIAL OFFERPET FRIENDLYTotal price$1,298 - $1,978/moStudio-2 Beds1-2 BathsWhetstone | 501 Willard St #326,
Durham, NC 27701
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Average Rent Trends in 27701
Rent in 27701 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,795 |
| Jul 2025 | $1,713 |
| Aug 2025 | $1,800 |
| Sep 2025 | $1,650 |
| Oct 2025 | $1,731 |
| Nov 2025 | $1,675 |
| Dec 2025 | $1,685 |
| Jan 2026 | $1,700 |
| Feb 2026 | $1,650 |
| Mar 2026 | $1,695 |
| Apr 2026 | $1,750 |
| May 2026 | $1,750 |
Average Rent By Bedroom and Home Type
In May 2026, Townhomes were the most affordable home type to rent compared with Apartments and Condos and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,511 | $1,645 | $2,550 | $3,000 | $1,750 |
| Townhomes | $1,575 | $1,095 | $2,100 | — | $1,595 |
| Apartments and Condos | $1,425 | $1,550 | $2,595 | $2,000 | $1,645 |
| Houses | $1,090 | $1,799 | $2,400 | $3,120 | $2,400 |
Frequently Asked Questions about Rentals in 27701
- What is the average rent in 27701?The average rent in 27701 is $1,750. Rent prices range from $575 to as much as $6,400, depending on the type of rental.
- How does the rent in 27701 compare to the national average?Average rent in 27701 is about 8% lower than the national average rent of $1,910. That means it is less expensive to rent in 27701 compared to the U.S. average.
- What is the average rent in 27701, by number of bedrooms?The average rent in 27701 is $1,509 for a studio, $1,511 for a 1 bedroom, $1,645 for a 2 bedroom, $2,550 for a 3 bedroom, and $3,000 for a 4 bedroom.
- How have rent prices in 27701 changed compared to last year?In the past year, the average rent price in 27701 has increased by $50. That means the average rent is 3% higher than last year.
- How many available rental listings are in 27701?There are 161 available rental listings in 27701.
- What are some cities near 27701?Some nearby cities include: Durham, Morrisville, Bahama, Carrboro, Hillsborough, Butner. These cities may have more rental options to explore.