Luxury Apartments for Rent in 27704
147 rentals
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1-3 Beds
1-2 BathsMagnolia Pointe Apartments | 4801 Danube Ln #15-702,
Durham, NC 27704
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Average Rent Trends in 27704
Rent in 27704 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 Aug 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,890 |
| Jul 2025 | $1,895 |
| Aug 2025 | $1,900 |
| Sep 2025 | $1,870 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,875 |
| Dec 2025 | $1,845 |
| Jan 2026 | $1,850 |
| Feb 2026 | $1,853 |
| Mar 2026 | $1,875 |
| Apr 2026 | $1,849 |
| May 2026 | $1,850 |
Average Rent By Bedroom and Home Type
In May 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 | $1,000 | $1,500 | $1,895 | $2,249 | $1,850 |
| Townhomes | — | $1,600 | $1,895 | $2,100 | $1,875 |
| Apartments and Condos | $1,251 | $1,197 | $845 | $983 | $1,200 |
| Houses | $595 | $1,960 | $1,995 | $2,400 | $1,998 |
Frequently Asked Questions about Rentals in 27704
- What is the average rent of an apartment in 27704?The average rent of an apartment in 27704 is $1,262 per month. This is about 35% lower than the national average.
- What is the average rent of a house in 27704?The average rent of a house in 27704 is $1,998 per month. This is about 4% higher than the national average.
- What is the average rent of a townhome in 27704?The average rent of a townhome in 27704 is $1,875 per month. This is about 3% lower than the national average.
- When is the average rent cheapest in 27704?In the last year, the average rent in 27704 was lowest in Jan 2025 when it was $1,750 per month.
- When is the average rent most expensive in 27704?In the last year, the average rent in 27704 was highest in Aug 2025 when it was $1,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27704?The average rent of a 1 bedroom apartment in 27704 is $1,000 per month. That is about $136 more than the cost of a studio apartment.
- How many available rental listings are in 27704?There are 151 available rental listings in 27704.
- What are some cities near 27704?