Average Rent in 27514, Orange County, NC

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Current Versus Historical 27514, Orange County, NC Rents

27514 rentals average $875 for a studio rental to $3,500 for a 4-bedroom rental. The median price of all currently available listings is $1,748, or roughly $20 per square feet.
For the apartment units and housing in October 2026, median rents have risen substantially over the last year. Studio rentals prices have increased by $24 (2.81%) year-over-year from $851 to $875. 1-bedroom rentals prices have increased by $388 (35.09%) year-over-year from $1,107 to $1,495. 2-bedroom rentals prices have increased by $58 (3.66%) year-over-year from $1,592 to $1,650. 3-bedroom rentals prices have decreased by $43 (-1.74%) year-over-year from $2,491 to $2,448. 4-bedroom rentals prices have decreased by $242 (-6.42%) year-over-year from $3,767 to $3,525. 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 up by 0.08% this month. 1-bedroom rents have gone down by 3.45% this month. 2-bedroom rents have gone up by 3.34% this month. 3-bedroom rents have gone down by 1.94% this month. 4-bedroom rents have gone up by 9.39% this month.
Beds
Price / Sqft
Oct 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $28.00 $875 $851 (2.81%) $1,533 (-42.93%)
1 BR $26.22 $1,495 $1,107 (35.09%) $1,190 (25.63%)
2 BR $18.15 $1,650 $1,592 (3.66%) $1,575 (4.76%)
3 BR $17.24 $2,448 $2,491 (-1.74%) $2,167 (12.96%)
4+ BR $13.98 $3,525 $3,767 (-6.42%) $2,647 (33.19%)

Historical Rents in 27514, Orange County, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 27514

There are a total of 7 cities nearby 27514. The average rent in 27514 is currently $2,098 per month. Our records show that Raleigh, NC, with an average rent of $1,838, is the most affordable city nearby. In contrast, the most expensive city near 27514, Orange County, NC is Cary, NC. Monthly rents here are on average $2,200 per month.

Let's compare 27514, Orange County, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 27514, Orange County, NC is 102.86% more affordable than other cities nearby. One bedrooms are about 0.60% more affordable. Two bedrooms in 27514, Orange County, NC are about 1.67% more affordable. Finally, rent for three bedrooms are about 16.20% more expensive. Want more information? Check out the top 7 cities near 27514, Orange County, NC in the following table.
City Studio 1 Bed 2 Bed All
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 27514



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 27514

There are a total of 4 counties located by 27514, Orange County, NC. Some of these counties include Harnett, NC, Wake, NC, and Durham, NC. The average rent for rentals in these counties is $2,023. That's roughly around $14 per sqft. The county that is the most affordable is Harnett, NC. Its average rent per month is $1,900. Vice versa, with an average rent of $2,135, Orange, NC is the most expensive county by 27514, Orange County, NC.

Typically, rent for studios in 27514, Orange County, NC is 64.00% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 27514, Orange County, NC is 6.45% more affordable than other counties nearby. Finally, rent for two bedrooms in 27514, Orange County, NC is 1.35% more affordable than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
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 27514

There are a total of 13 zipcodes in or near 27514, Orange County, NC. The average rent for all of these zipcodes is $2,000. One zipcode has an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27606, Wake County, NC at $1,450 per month. In comparison, the zipcode with the most expensive average rent of $2,295 per month is 27502, Wake County, NC.

Studios in these zipcodes have an average rent of $1,775. That's at least $6 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 27514, Orange County, NC is $1,475 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,595 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in 27514, Orange 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
27703, Durham County, NC N/A $1,417 $1,582 $2,100
27713, Durham, NC N/A $1,195 $1,650 $2,000
27560, Morrisville, NC $1,775 $1,475 $1,695 $2,130
27610, Raleigh, NC $1,860 $1,820 $1,400 $1,820
27502, Wake County, NC N/A $1,486 $1,695 $2,295
27603, Garner, NC $1,945 $1,693 $1,795 $1,945
27616, Raleigh, NC N/A $1,450 $1,538 $1,895
27604, Raleigh, NC $1,666 $1,535 $1,595 $1,750
27513, Cary, NC $3,148 $1,947 $1,850 $2,151

Frequently Asked Questions - 27514 Average Rents

What is the average rent price in 27514, Orange County, NC?
The average monthly rental price for 27514, Orange County, NC apartments for rent is approximately $1,748. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 27514, Orange 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 27514, Orange County, NC.
How much is a studio apartment in 27514, Orange County, NC?
The average monthly rental price for studio apartments is $875 and an average price per square feet of $28.00. There are a total of 1 studio apartment listings currently available for rent in 27514.
How much is a one bedroom apartment in 27514, Orange County, NC?
The average monthly rental price for one bedroom apartments is $1,495 and an average price per square feet of $26.22. There are a total of 7 one bedroom apartment listings currently available for rent in 27514.
How much is a two bedroom apartment in 27514, Orange County, NC?
The average monthly rental price for two bedroom apartments is $1,650 and an average price per square feet of $18.15. There are a total of 26 two bedroom apartment listings currently available for rent in 27514.
How have rent prices in 27514, Orange County, NC changed this year?
Rent prices for rentals in 27514, Orange County, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by 0.35%, two bedroom rental prices have changed by 0.04%, three bedroom rental prices have changed by -0.02% year-over-year.
What is a reasonable rent price in 27514, Orange County, NC?
A reasonable rent price in 27514, Orange County, NC is around $1,398/month. You can search for these reasonably priced rental listings on RentHop.