Average Rent in 27703, Durham County, NC

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Current Versus Historical 27703, Durham County, NC Rents

27703 rentals average $1,395 for a 1-bedroom rental to $2,495 for a 4-bedroom rental. The median price of all currently available listings is $2,190, or roughly $14 per square feet.

For the apartment units and housing in July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $0 (0.00%) year-over-year from $2,400 to $2,400. 1-bedroom rentals prices have decreased by $287 (-17.06%) year-over-year from $1,682 to $1,395. 2-bedroom rentals prices have decreased by $466 (-22.74%) year-over-year from $2,049 to $1,583. 3-bedroom rentals prices have decreased by $53 (-2.46%) year-over-year from $2,152 to $2,099. 4-bedroom rentals prices have increased by $32 (1.29%) year-over-year from $2,463 to $2,495. 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 up by 13.82% this month. 2-bedroom rents have gone down by 2.99% this month. 3-bedroom rents have gone up by 2.41% this month. 4-bedroom rents have gone up by 3.03% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
1 BR	$16.89	$1,395	$1,682 (-17.06%)	$1,681 (-17.01%)
2 BR	$16.85	$1,583	$2,049 (-22.74%)	$2,049 (-22.74%)
3 BR	$13.97	$2,099	$2,152 (-2.46%)	$2,152 (-2.46%)
4+ BR	$13.11	$2,495	$2,463 (1.29%)	$2,482 (0.54%)

Historical Rents in 27703, Durham County, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near 27703

There are a total of 7 cities nearby 27703. The average rent in 27703 is currently $1,995 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 27703, Durham County, NC is Cary, NC. Monthly rents here are on average $2,300 per month.

Let's compare 27703, Durham County, NC's rent against other top cities nearby by bedroom size. One bedrooms are equivalent to other nearby cities' one bedroom rents. Two bedrooms in 27703, Durham County, NC are about 0.69% more affordable. Finally, rent for three bedrooms are about 4.91% more affordable. Want more information? Check out the top 7 cities near 27703, Durham County, NC in the following table.

City	Studio	1 Bed	2 Bed	All
Raleigh, NC	$1,700	$1,250	$1,600	$1,850
Chapel Hill, NC	N/A	$1,659	$1,713	$1,950
Durham, NC	$960	$1,395	$1,600	$1,990
Fuquay-Varina, NC	N/A	$900	$1,473	$1,995
Apex, NC	$4,000	$1,385	$1,568	$2,250
Morrisville, NC	$2,100	$1,500	$1,750	$2,295
Cary, NC	$2,375	$1,684	$1,845	$2,300

Top Neighborhoods Near 27703

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near 27703

There are a total of 5 counties located by 27703, Durham County, NC. Some of these counties include Johnston, NC, Harnett, NC, and Durham, NC. The average rent for rentals in these counties is $2,000. That's roughly around $15 per sqft. A total of 5 counties have a lower average rent. The county that is the most affordable is Johnston, NC. Its average rent per month is $1,827. Vice versa, with an average rent of $2,100, Orange, NC is the most expensive county by 27703, Durham County, NC.

In comparison, rent for one bedroom listings in 27703, Durham County, NC is 1.04% more expensive than other counties nearby. Finally, rent for two bedrooms in 27703, Durham County, NC is 0.69% more affordable 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	$1,195	$1,397	$1,827
Harnett, NC	$1,500	$973	$1,423	$1,850
Durham, NC	$960	$1,395	$1,685	$2,000
Wake, NC	$2,095	$1,381	$1,600	$2,077
Orange, NC	N/A	$1,659	$1,748	$2,100

Top Zipcodes Near 27703

There are a total of 12 zipcodes in or near 27703, Durham County, NC. The average rent for all of these zipcodes is $1,996. A total of 9 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27604, Raleigh, NC at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 27502, Wake County, NC.

Studios in these zipcodes have an average rent of $1,687. 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 27703, Durham County, NC is $1,393 per month. Or in other words, $23 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,530 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in 27703, Durham 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	$1,625	$1,850	$2,300
27560, Morrisville, NC	$2,125	$1,448	$1,795	$2,250
27610, Raleigh, NC	$1,900	$1,097	$1,398	$1,895
27713, Durham, NC	N/A	$1,100	$1,700	$1,998
27616, Raleigh, NC	N/A	$1,423	$1,550	$1,850
27587, Wake Forest, NC	N/A	$1,385	$1,473	$2,000
27603, Garner, NC	$1,475	$1,535	$2,175	$1,995
27502, Wake County, NC	$4,250	$1,456	$1,568	$2,300
27604, Raleigh, NC	$1,145	$1,401	$1,510	$1,600
27606, Wake County, NC	$2,400	$870	$1,495	$1,700

Frequently Asked Questions - 27703 Average Rents

What is the average rent price in 27703, Durham County, NC?

The average monthly rental price for 27703, Durham County, NC apartments for rent is approximately $2,190. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do 27703, Durham 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 27703, Durham County, NC.

How much is a one bedroom apartment in 27703, Durham County, NC?

The average monthly rental price for one bedroom apartments is $1,395 and an average price per square feet of $16.89. There are a total of 3 one bedroom apartment listings currently available for rent in 27703.

How much is a two bedroom apartment in 27703, Durham County, NC?

The average monthly rental price for two bedroom apartments is $1,589 and an average price per square feet of $16.85. There are a total of 10 two bedroom apartment listings currently available for rent in 27703.

How have rent prices in 27703, Durham County, NC changed this year?

Rent prices for rentals in 27703, Durham County, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.00%, one bedroom rental prices have changed by -0.17%, two bedroom rental prices have changed by -0.23%, three bedroom rental prices have changed by -0.02% year-over-year.

What is a reasonable rent price in 27703, Durham County, NC?

A reasonable rent price in 27703, Durham County, NC is around $1,752/month. You can search for these reasonably priced rental listings on RentHop.