Average Rent in 27610, Raleigh, NC

Home  »  NC  »  Raleigh  »  27610

Current Versus Historical 27610, Raleigh, NC Rents

27610 rentals average $0 for a studio rental to $2,100 for a 4-bedroom rental. The median price of all currently available listings is $1,845, or roughly $1 per square feet.
For the apartment units and housing in May 2024, median rents have fallen substantiallyover the last year. Studio rentals prices have increased by $1,372 (84.24%) year-over-year from $1,628 to $3,000. 1-bedroom rentals prices have decreased by $343 (-29.40%) year-over-year from $1,165 to $823. 2-bedroom rentals prices have increased by $33 (2.45%) year-over-year from $1,362 to $1,395. 3-bedroom rentals prices have increased by $10 (0.52%) year-over-year from $1,815 to $1,825. 4-bedroom rentals prices have increased by $96 (4.78%) year-over-year from $2,004 to $2,100. 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 0.00% this month. 1-bedroom rents have gone down by 11.62% this month. 2-bedroom rents have gone up by 4.23% this month. 3-bedroom rents have gone down by 1.28% this month. 4-bedroom rents have gone up by 0.08% this month.
Beds
Price / Sqft
May 2024 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
2 BR $1.42 $1,395 $1,362 (2.45%) $1,068 (30.58%)
3 BR $1.16 $1,825 $1,815 (0.52%) $1,511 (20.73%)
4+ BR $1.03 $2,100 $2,004 (4.78%) $1,714 (22.50%)

Historical Rents in 27610, Raleigh, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 27610

There are a total of 3 cities nearby 27610. The average rent in 27610 is currently $2,000 per month. Our records show that Raleigh, NC, with an average rent of $1,900, is the most affordable city nearby. In contrast, the most expensive city near 27610, Raleigh, NC is Cary, NC. Monthly rents here are on average $2,295 per month.

Let's compare 27610, Raleigh, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 27610, Raleigh, NC is inf% more affordable than other cities nearby. One bedrooms are about inf% more affordable. Two bedrooms in 27610, Raleigh, NC are about 17.48% more affordable. Finally, rent for three bedrooms are about 13.51% more affordable. Want more information? Check out the top 3 cities near 27610, Raleigh, NC in the following chart.
City Studio 1 Bed 2 Bed All
Raleigh, NC $1,350 $1,298 $1,700 $1,900
Durham, NC $1,298 $1,752 $1,799 $2,000
Cary, NC $1,900 N/A $1,700 $2,295

Top Neighborhoods Near 27610



View the following chart for more information.
Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 27610

Some of these counties include Johnston, NC, Orange, NC, and Wake, NC. The average rent for rentals in these counties is $1,993. That's roughly around $1 per sqft. A total of 1 counties have a lower average rent. The county that is the most affordable is Johnston, NC. It's average rent per month is $1,725. Vice versa, with an average rent of $2,100, Durham, NC is the most expensive county by 27610, Raleigh, NC.

Typically, rent for studios in 27610, Raleigh, NC is inf% more affordable than other counties nearby. In comparison, rent for one bedroom listings in 27610, Raleigh, NC is inf% more affordable than other counties nearby. Finally, rent for two bedrooms in 27610, Raleigh, NC is 15.32% more affordable than other counties nearby. We've listed all of these counties in the chart below.
County Studio 1 Bed 2 Bed All
Johnston, NC N/A $1,220 $1,468 $1,725
Orange, NC N/A $1,385 $1,638 $1,885
Wake, NC $1,800 $1,300 $1,700 $2,100
Durham, NC $1,300 $1,686 $1,800 $2,100

Top Zipcodes Near 27610

There are a total of 7 zipcodes in or near 27610, Raleigh, NC. The average rent for all of these zipcodes is $2,000.

The following chart includes the top 7 zipcodes in 27610, Raleigh, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
27560, Morrisville, NC N/A N/A $1,795 $2,195
27519, Cary, NC N/A N/A $1,845 $2,425
27703, Durham County, NC N/A N/A $1,623 $2,198
27603, Garner, NC $850 $600 $1,698 $2,000
27616, Raleigh, NC N/A $1,250 $1,623 $1,895
27520, Johnston County, NC N/A $1,125 $1,395 $1,795
27701, Durham, NC $1,298 $1,800 $2,495 $1,904

Frequently Asked Questions - 27610 Average Rents

What is the average rent price in 27610, Raleigh, NC?
The average monthly rental price for 27610, Raleigh, NC apartments for rent is approximately $1,845. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 27610, Raleigh, 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 27610, Raleigh, NC.
How much is a studio apartment in 27610, Raleigh, NC?
The average monthly rental price for studio apartments is $0 and an average price per square feet of $0.00. There are a total of 1 studio apartment listings currently available for rent in 27610.
How much is a one bedroom apartment in 27610, Raleigh, NC?
The average monthly rental price for one bedroom apartments is $0 and an average price per square feet of $0.00. There are a total of 1 one bedroom apartment listings currently available for rent in 27610.
How much is a two bedroom apartment in 27610, Raleigh, NC?
The average monthly rental price for two bedroom apartments is $1,447 and an average price per square feet of $1.42. There are a total of 17 two bedroom apartment listings currently available for rent in 27610.
How have rent prices in 27610, Raleigh, NC changed this year?
Rent prices for rentals in 27610, Raleigh, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.84%, one bedroom rental prices have changed by -0.29%, two bedroom rental prices have changed by 0.02%, and three bedroom rental prices have changed by 0.01% year-over-year.
What is a reasonable rent price in 27610, Raleigh, NC?
A reasonable rent price in 27610, Raleigh, NC is around $1,476/month. You can search for these reasonably priced rental listings on RentHop.
Fair Housing and Equal Opportunity
Fair Housing and Equal Opportunity
© 2009 - 2024 RentHop.com™
Quantcast