Average Rent in 27502, Wake County, NC

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Current Versus Historical 27502, Wake County, NC Rents

27502 rentals average $1,486 for a 1-bedroom rental to $2,460 for a 4-bedroom rental. The median price of all currently available listings is $2,295, or roughly $13 per square feet.
For the apartment units and housing in October 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $232 (10.03%) year-over-year from $2,317 to $2,549. 1-bedroom rentals prices have increased by $49 (3.43%) year-over-year from $1,437 to $1,486. 2-bedroom rentals prices have increased by $240 (16.99%) year-over-year from $1,413 to $1,653. 3-bedroom rentals prices have increased by $169 (8.21%) year-over-year from $2,061 to $2,230. 4-bedroom rentals prices have increased by $30 (1.25%) year-over-year from $2,395 to $2,425. Note that this figure includes all active and rented listings throughout the month.
Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone down by 8.13% this month. 1-bedroom rents have gone up by 2.03% this month. 2-bedroom rents have gone down by 6.00% this month. 3-bedroom rents have gone up by 3.24% this month. 4-bedroom rents have gone down by 1.92% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
1 BR $22.53 $1,486 $1,437 (3.43%) $1,033 (43.92%)
2 BR $15.27 $1,653 $1,413 (16.99%) $1,581 (4.54%)
3 BR $13.63 $2,230 $2,061 (8.21%) $2,248 (-0.79%)
4+ BR $12.03 $2,425 $2,395 (1.25%) $2,530 (-4.15%)

Historical Rents in 27502, Wake County, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 27502

There are a total of 9 cities nearby 27502. The average rent in 27502 is currently $1,995 per month. A total of 9 cities nearby have an average rent lower than that. Our records show that Fayetteville, NC, with an average rent of $1,450, is the most affordable city nearby. In contrast, the most expensive city near 27502, Wake County, NC is Cary, NC. Monthly rents here are on average $2,200 per month.

Let's compare 27502, Wake County, NC's rent against other top cities nearby by bedroom size. One bedrooms are about 1.21% more affordable. Two bedrooms in 27502, Wake County, NC are about 2.65% more expensive. Finally, rent for three bedrooms are about 5.58% more expensive. Want more information? Check out the top 9 cities near 27502, Wake County, NC in the following table.
City Studio 1 Bed 2 Bed All
Fayetteville, NC N/A $813 $1,000 $1,450
Winston-Salem, NC $1,471 $1,533 $1,250 $1,508
Raleigh, NC $1,666 $1,600 $1,625 $1,838
Chapel Hill, NC $875 $1,504 $1,678 $1,895
Durham, NC $2,087 $2,265 $1,700 $1,995
Morrisville, NC $1,775 $1,500 $1,695 $2,098
Wake Forest, NC $2,000 $1,298 $1,650 $2,100
Apex, NC N/A $1,472 $1,611 $2,195
Cary, NC $2,400 $1,941 $1,788 $2,200

Top Neighborhoods Near 27502

There are a total of 6 neighborhoods in or near 27502. Some of these neighborhoods include Terry Sanford, Westover, and Douglas Byrd. We've included all of these top 6 neighborhoods in or near 27502, Wake County, NC in the following table.

The average rent for these 6 neighborhoods in or near 27502, Wake County, NC is currently around $1,474 per month. A total of 6 neighborhoods have a lower average rent. Interestingly, the neighborhoods' average rent is less than 27502's average rent, which is actually $2,295. Out of all the neighborhoods in or near 27502, Terry Sanford has the most affordable average rent at $1,400 per month. Whereas, at $1,850 average rent per month, Jack Britt is the most expensive neighborhood in or near 27502. View the following table for more information.
Neighborhood Studio 1 Bed 2 Bed All
Terry Sanford, Fayetteville, NC N/A $775 $995 $1,400
Westover, Fayetteville, NC N/A N/A $998 $1,425
Douglas Byrd, Fayetteville, NC N/A $800 $1,150 $1,450
South View, Hope Mills, NC N/A $1,025 $1,025 $1,498
Seventy-First, Fayetteville, NC N/A $875 $998 $1,550
Jack Britt, Fayetteville, NC N/A N/A $800 $1,850

Top Counties Near 27502

There are a total of 8 counties located by 27502, Wake County, NC. Some of these counties include Cumberland, NC, Forsyth, NC, and Johnston, NC. The average rent for rentals in these counties is $1,875. That's roughly around $14 per sqft. A total of 8 counties have a lower average rent. The county that is the most affordable is Cumberland, NC. Its average rent per month is $1,495. Vice versa, with an average rent of $2,135, Orange, NC is the most expensive county by 27502, Wake County, NC.

In comparison, rent for one bedroom listings in 27502, Wake County, NC is 16.66% more expensive than other counties nearby. Finally, rent for two bedrooms in 27502, Wake County, NC is 21.09% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Cumberland, NC N/A $838 $1,050 $1,495
Forsyth, NC $1,471 $1,508 $1,250 $1,508
Johnston, NC N/A $969 $1,325 $1,750
Hoke, NC N/A $800 $1,150 $1,850
Harnett, NC N/A $900 $1,350 $1,900
Wake, NC $1,995 $1,600 $1,638 $2,000
Durham, NC $2,087 $1,972 $1,707 $2,045
Orange, NC $875 $1,583 $1,750 $2,135

Top Zipcodes Near 27502

There are a total of 18 zipcodes in or near 27502, Wake County, NC. The average rent for all of these zipcodes is $1,810. A total of 18 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 28303, Fayetteville, NC at $1,399 per month. In comparison, the zipcode with the most expensive average rent of $2,295 per month is 27519, Cary, NC.

Studios in these zipcodes have an average rent of $438. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 27502, Wake County, NC is $1,357 per month. Or in other words, $21 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,469 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in 27502, Wake County, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
27519, Cary, NC $2,400 $1,722 $1,900 $2,295
27610, Raleigh, NC $1,860 $1,820 $1,400 $1,820
27560, Morrisville, NC $1,775 $1,475 $1,695 $2,130
27603, Garner, NC $1,945 $1,693 $1,795 $1,945
27703, Durham County, NC N/A $1,417 $1,582 $2,100
27713, Durham, NC N/A $1,195 $1,650 $2,000
27513, Cary, NC $3,148 $1,947 $1,850 $2,151
27606, Wake County, NC $3,700 $995 $1,350 $1,450
27604, Raleigh, NC $1,666 $1,535 $1,595 $1,750
27616, Raleigh, NC N/A $1,450 $1,538 $1,895

Frequently Asked Questions - 27502 Average Rents

What is the average rent price in 27502, Wake County, NC?
The average monthly rental price for 27502, Wake County, NC apartments for rent is approximately $2,295. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 27502, Wake County, NC rent prices drop in winter?
Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in 27502, Wake County, NC.
How much is a one bedroom apartment in 27502, Wake County, NC?
The average monthly rental price for one bedroom apartments is $1,486 and an average price per square feet of $22.53. There are a total of 4 one bedroom apartment listings currently available for rent in 27502.
How much is a two bedroom apartment in 27502, Wake County, NC?
The average monthly rental price for two bedroom apartments is $1,695 and an average price per square feet of $15.27. There are a total of 9 two bedroom apartment listings currently available for rent in 27502.
How have rent prices in 27502, Wake County, NC changed this year?
Rent prices for rentals in 27502, Wake County, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.10%, one bedroom rental prices have changed by 0.03%, two bedroom rental prices have changed by 0.17%, three bedroom rental prices have changed by 0.08% year-over-year.
What is a reasonable rent price in 27502, Wake County, NC?
A reasonable rent price in 27502, Wake County, NC is around $1,836/month. You can search for these reasonably priced rental listings on RentHop.