Cheap Apartments for Rent in 27709
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Apartments For Rent Near 27709
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SPECIAL OFFER$500 - $2,000/mo
4 Beds
4 BathsLake Park Co-living Rooms | 1410 Collegiate Cir #5cc14ab95,
Raleigh, NC 27606
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Average Rent Trends in 27709
Rent in 27709 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $2,154 |
| Jul 2025 | $2,056 |
| Aug 2025 | $2,053 |
| Sep 2025 | $900 |
| Oct 2025 | $1,700 |
| Nov 2025 | $1,950 |
| Dec 2025 | $1,950 |
| Jan 2026 | $1,900 |
| Feb 2026 | $1,880 |
| Mar 2026 | $1,700 |
| Apr 2026 | $1,841 |
| May 2026 | $1,700 |
Average Rent By Bedroom and Home Type
In May 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,450 | $1,700 | $2,250 | — | $1,804 |
| Townhomes | — | $2,195 | $1,995 | — | $2,150 |
| Apartments and Condos | $1,450 | $1,700 | — | — | $1,600 |
| Houses | $900 | — | $2,280 | — | $900 |
Frequently Asked Questions about Rentals in 27709
- What is the average rent of an apartment in 27709?The average rent of an apartment in 27709 is $1,592 per month. This is about 17% lower than the national average.
- What is the average rent of a house in 27709?The average rent of a house in 27709 is $900 per month. This is about 53% lower than the national average.
- What is the average rent of a townhome in 27709?The average rent of a townhome in 27709 is $2,150 per month. This is about 11% higher than the national average.
- When is the average rent cheapest in 27709?In the last year, the average rent in 27709 was lowest in Sep 2025 when it was $900 per month.
- When is the average rent most expensive in 27709?In the last year, the average rent in 27709 was highest in Jun 2025 when it was $2,154 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 27709?The average rent of a 1 bedroom apartment in 27709 is $1,450 per month. That is about $47 less than the cost of a studio apartment.
- How many available rental listings are in 27709?There are 13 available rental listings in 27709.
- What are some cities near 27709?Some nearby cities include: Morrisville, Durham, Cary, Carrboro, Apex, Chapel Hill. These cities may have more rental options to explore.