Average Rent in 27603, Garner, NC

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Current Versus Historical 27603, Garner, NC Rents

27603 rentals average $850 for a studio rental to $2,748 for a 4-bedroom rental. The median price of all currently available listings is $2,000, or roughly $1 per square feet.

For the apartment units and housing in April 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have decreased by $699 (-42.38%) year-over-year from $1,648 to $950. 1-bedroom rentals prices have decreased by $1,525 (-63.53%) year-over-year from $2,400 to $875. 2-bedroom rentals prices have decreased by $1,514 (-50.23%) year-over-year from $3,014 to $1,500. 3-bedroom rentals prices have increased by $142 (7.67%) year-over-year from $1,846 to $1,988. 4-bedroom rentals prices have increased by $270 (11.34%) year-over-year from $2,380 to $2,650. 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 33.31% this month. 1-bedroom rents have gone down by 44.67% this month. 2-bedroom rents have gone down by 34.26% this month. 3-bedroom rents have gone up by 0.55% this month. 4-bedroom rents have gone up by 0.35% this month.

Beds	Price / Sqft	Apr 2024 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$2.45	$950	$1,648 (-42.38%)	$1,325 (-28.36%)
1 BR	$1.97	$875	$2,400 (-63.53%)	$1,701 (-48.55%)
2 BR	$1.53	$1,500	$3,014 (-50.23%)	$1,962 (-23.55%)
3 BR	$1.17	$1,988	$1,846 (7.67%)	$1,648 (20.58%)
4+ BR	$0.97	$2,650	$2,380 (11.34%)	$2,248 (17.87%)

Historical Rents in 27603, Garner, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 27603

There are a total of 1 cities nearby 27603. The average rent in 27603 is currently $2,250 per month. Our records show that Cary, NC, with an average rent of $2,250, is the most affordable city nearby. In contrast, the most expensive city near 27603, Garner, NC is Cary, NC. Monthly rents here are on average $2,250 per month.

Let's compare 27603, Garner, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 27603, Garner, NC is 123.53% more affordable than other cities nearby. Two bedrooms in 27603, Garner, NC are about 16.05% more expensive. Finally, rent for three bedrooms are about 9.75% more affordable. Want more information? Check out the top 1 cities near 27603, Garner, NC in the following chart.

City	Studio	1 Bed	2 Bed	All
Cary, NC	$1,900	N/A	$1,700	$2,250

Top Neighborhoods Near 27603

View the following chart for more information.

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 27603

The average rent for rentals in these counties is $2,100. That's roughly around $1 per sqft. The county that is the most affordable is Wake, NC. It's average rent per month is $2,100. Vice versa, with an average rent of $2,100, Wake, NC is the most expensive county by 27603, Garner, NC.

Typically, rent for studios in 27603, Garner, NC is 111.76% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 27603, Garner, NC is 15.75% more expensive than other counties nearby. Finally, rent for two bedrooms in 27603, Garner, NC is 16.05% more expensive than other counties nearby. We've listed all of these counties in the chart below.

County	Studio	1 Bed	2 Bed	All
Wake, NC	$1,800	$1,367	$1,700	$2,100

Top Zipcodes Near 27603

There are a total of 3 zipcodes in or near 27603, Garner, NC. The average rent for all of these zipcodes is $1,847. A total of 3 zipcodes have a average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27520, Johnston County, NC at $1,795 per month. In comparison, the zipcode with the most expensive average rent of $1,900 per month is 27604, Raleigh, NC.

Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 27603, Garner, NC is $1,125 per month. Or in other words, $2 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,447 per month. Which comes out to $1 per sqft. The following chart includes the top 3 zipcodes in 27603, Garner, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
27610, Raleigh, NC	N/A	N/A	$1,447	$1,847
27604, Raleigh, NC	N/A	$1,329	$1,576	$1,900
27520, Johnston County, NC	N/A	$1,125	$1,395	$1,795

Frequently Asked Questions - 27603 Average Rents

What is the average rent price in 27603, Garner, NC?

The average monthly rental price for 27603, Garner, NC apartments for rent is approximately $2,000. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 27603, Garner, 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 27603, Garner, NC.

How much is a studio apartment in 27603, Garner, NC?

The average monthly rental price for studio apartments is $850 and an average price per square feet of $2.45. There are a total of 2 studio apartment listings currently available for rent in 27603.

How much is a one bedroom apartment in 27603, Garner, NC?

The average monthly rental price for one bedroom apartments is $1,623 and an average price per square feet of $1.97. There are a total of 2 one bedroom apartment listings currently available for rent in 27603.

How much is a two bedroom apartment in 27603, Garner, NC?

The average monthly rental price for two bedroom apartments is $2,025 and an average price per square feet of $1.53. There are a total of 12 two bedroom apartment listings currently available for rent in 27603.

How have rent prices in 27603, Garner, NC changed this year?

Rent prices for rentals in 27603, Garner, NC can fluctuate yearly. Specifically, studio rental prices have changed by -0.42%, one bedroom rental prices have changed by -0.64%, two bedroom rental prices have changed by -0.50%, and three bedroom rental prices have changed by 0.08% year-over-year.

What is a reasonable rent price in 27603, Garner, NC?

A reasonable rent price in 27603, Garner, NC is around $1,600/month. You can search for these reasonably priced rental listings on RentHop.