Average Rent in 27612, Raleigh, NC

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Current Versus Historical 27612, Raleigh, NC Rents

27612 rentals average $2,500 for a studio rental to $2,673 for a 4-bedroom rental. The median price of all currently available listings is $2,173, or roughly $17 per square feet.
For the apartment units and housing in September 2026, median rents have been roughly unchanged over the last year. Studio rentals prices have increased by $1,288 (101.98%) year-over-year from $1,263 to $2,550. 1-bedroom rentals prices have decreased by $17 (-1.50%) year-over-year from $1,112 to $1,095. 2-bedroom rentals prices have decreased by $157 (-8.49%) year-over-year from $1,852 to $1,695. 3-bedroom rentals prices have decreased by $63 (-2.69%) year-over-year from $2,358 to $2,295. 4-bedroom rentals prices have decreased by $853 (-24.73%) year-over-year from $3,448 to $2,595. 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 28.14% this month. 1-bedroom rents have gone up by 1.39% this month. 2-bedroom rents have gone down by 9.90% this month. 3-bedroom rents have gone down by 3.64% this month. 4-bedroom rents have gone down by 16.92% this month.
Beds
Price / Sqft
Sep 2026 Rent 1 Yr Ago Rent (% +/-) 3 Yr Ago Rent (% +/-)
Studio $16.91 $2,550 $1,263 (101.98%) $975 (161.54%)
1 BR N/A $1,095 $1,112 (-1.50%) $1,150 (-4.78%)
2 BR $17.21 $1,695 $1,852 (-8.49%) $1,631 (3.90%)
3 BR $15.67 $2,295 $2,358 (-2.69%) $2,106 (8.98%)
4+ BR $12.59 $2,595 $3,448 (-24.73%) $2,915 (-10.99%)

Historical Rents in 27612, Raleigh, NC

Studio
1 Bed
2 Bed
3 Bed
4 Bed

Top Cities Near 27612

There are a total of 6 cities nearby 27612. The average rent in 27612 is currently $2,013 per month. A total of 4 cities nearby have an average rent lower than that. Our records show that Raleigh, NC, with an average rent of $1,850, is the most affordable city nearby. In contrast, the most expensive city near 27612, Raleigh, NC is Apex, NC. Monthly rents here are on average $2,295 per month.

Let's compare 27612, Raleigh, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in 27612, Raleigh, NC is 23.35% more expensive than other cities nearby. One bedrooms are about 48.29% more affordable. Two bedrooms in 27612, Raleigh, NC are about 3.69% more expensive. Finally, rent for three bedrooms are about 8.65% more expensive. Want more information? Check out the top 6 cities near 27612, Raleigh, NC in the following table.
City Studio 1 Bed 2 Bed All
Raleigh, NC $1,733 $1,598 $1,600 $1,850
Chapel Hill, NC N/A $1,650 $1,650 $1,890
Wake Forest, NC $2,100 $1,295 $1,400 $2,000
Durham, NC $2,101 $2,249 $1,765 $2,025
Cary, NC $2,395 $1,919 $1,800 $2,295
Apex, NC N/A $1,353 $1,648 $2,295

Top Neighborhoods Near 27612



Neighborhood Studio 1 Bed 2 Bed All

Top Counties Near 27612

There are a total of 4 counties located by 27612, Raleigh, NC. Some of these counties include Johnston, NC, Orange, NC, and Wake, NC. The average rent for rentals in these counties is $2,000. That's roughly around $15 per sqft. A total of 4 counties have a lower average rent. The county that is the most affordable is Johnston, NC. Its average rent per month is $1,800. Vice versa, with an average rent of $2,100, Durham, NC is the most expensive county by 27612, Raleigh, NC.

Typically, rent for studios in 27612, Raleigh, NC is 60.25% more expensive than other counties nearby. In comparison, rent for one bedroom listings in 27612, Raleigh, NC is 47.24% more affordable than other counties nearby. Finally, rent for two bedrooms in 27612, Raleigh, NC is 1.87% more expensive than other counties nearby. We've listed all of these counties in the table below.
County Studio 1 Bed 2 Bed All
Johnston, NC N/A $985 $1,447 $1,800
Orange, NC N/A $1,650 $1,725 $1,999
Wake, NC $1,988 $1,575 $1,635 $2,000
Durham, NC $2,101 $2,191 $1,765 $2,100

Top Zipcodes Near 27612

There are a total of 13 zipcodes in or near 27612, Raleigh, NC. The average rent for all of these zipcodes is $2,075. A total of 10 zipcodes have 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 $1,500 per month. In comparison, the zipcode with the most expensive average rent of $2,350 per month is 27519, Cary, NC.

Studios in these zipcodes have an average rent of $1,868. That's at least $12 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near 27612, Raleigh, NC is $1,491 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,575 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in 27612, Raleigh, NC. You can view the average rent breakdown for each zipcode by bedroom size.
Zipcode Studio 1 Bed 2 Bed All
27610, Raleigh, NC $1,799 $1,820 $1,400 $1,820
27519, Cary, NC $2,350 $1,616 $1,850 $2,350
27560, Morrisville, NC $1,938 $1,500 $1,775 $2,200
27604, Raleigh, NC $1,666 $1,500 $1,513 $1,802
27703, Durham County, NC N/A $1,264 $1,550 $2,119
27616, Raleigh, NC $2,200 $1,450 $1,575 $1,950
27603, Garner, NC $2,000 $1,773 $2,150 $2,000
27513, Cary, NC $2,395 $1,947 $1,850 $2,126
27606, Wake County, NC N/A $995 $1,400 $1,500
27587, Wake Forest, NC $1,998 $1,273 $1,400 $2,075

Frequently Asked Questions - 27612 Average Rents

What is the average rent price in 27612, Raleigh, NC?
The average monthly rental price for 27612, Raleigh, NC apartments for rent is approximately $2,173. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.
Do 27612, 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 27612, Raleigh, NC.
How much is a studio apartment in 27612, Raleigh, NC?
The average monthly rental price for studio apartments is $2,500 and an average price per square feet of $16.91. There are a total of 3 studio apartment listings currently available for rent in 27612.
How much is a one bedroom apartment in 27612, Raleigh, NC?
The average monthly rental price for one bedroom apartments is $1,095. There are a total of 5 one bedroom apartment listings currently available for rent in 27612.
How much is a two bedroom apartment in 27612, Raleigh, NC?
The average monthly rental price for two bedroom apartments is $1,712 and an average price per square feet of $17.21. There are a total of 24 two bedroom apartment listings currently available for rent in 27612.
How have rent prices in 27612, Raleigh, NC changed this year?
Rent prices for rentals in 27612, Raleigh, NC can fluctuate yearly. Specifically, studio rental prices have changed by 1.02%, one bedroom rental prices have changed by -0.01%, two bedroom rental prices have changed by -0.08%, three bedroom rental prices have changed by -0.03% year-over-year.
What is a reasonable rent price in 27612, Raleigh, NC?
A reasonable rent price in 27612, Raleigh, NC is around $1,738/month. You can search for these reasonably priced rental listings on RentHop.