Apartments in 27616

1 - 30 of 74 Results
15
$1,000 - 1,550
4722 Dansey Dr Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Surface Parking
16
$875
6500 Pathfinder Way Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
25
$791
3209 Daingerfield Dr Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
24
$1,547 - 2,858
7901 Cheaha Dr Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
27
$973 - 2,247
4612 Dansey Drive Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Section 8
Fitness Center
Pool
10
$805 - 930
6408 Astor Elgin St Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
26
$1,275
8117 Farmlea Cir Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Storage
14
$575
7308 Renyard Ct Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
12
$1,250
4941 Pebble Beach Dr Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
8
$875
3525 Sugarplum Road Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
7
$923
5230 Meryton Park Way Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$1,411
5404 Oak Forest Dr Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
32
$2,400
Raleigh, NC
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
16
$2,750
4344 Prairie Creek Trl Raleigh, NC
4 BR | Ask for Availability
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Dog Friendly
Cat Friendly
House
Storage
28
$1,865
6911 Outfall Point Ln Raleigh, NC
3 BR | Available Now
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House
Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
15
$575
7308 Renyard Ct Raleigh, NC
1 BR | Available Now
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House
Bentley Woods
38
$745
8611 Brushfoot Way Raleigh, NC
1 BR | Available Now
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House
10
$1,200
4908 Coral Ridge Ct Raleigh, NC
2 BR | Available Now
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Storage
Disability Access
Dishwasher
19
$2,250
Raleigh, NC
3 BR | Available Now
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House
27
$1,895
Raleigh, NC
3 BR | Jun. 15, 2024
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House
Disability Access
Bentley Woods
13
$1,650
5806 Neuse Wood Dr Raleigh, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Park at Perry Creek
14
$1,995
Raleigh, NC
3 BR | Available Now
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House
Disability Access
Berkshire Downs
5
$800
7113 Beaverwood Dr Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$1,700
5111 Obion Ct Raleigh, NC
3 BR | Available Now
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House
Balcony/Deck/Patio
Storage
Dishwasher
21
$800
7113 Beaverwood Dr Raleigh, NC
1 BR | Available Now
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House
Bentley Woods
13
$1,499
4405 Louisburg Rd Raleigh, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
32
$851
3209 Daingerfield Dr Raleigh, NC
1 BR | Available Now
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House
20
$750
3525 Sugarplum Rd Raleigh, NC
1 BR | Available Now
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House
12
$1,850
Raleigh, NC
3 BR | Available Now
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Balcony/Deck/Patio
Storage
Dishwasher
Litchford Forest
25
$1,795
Raleigh, NC
3 BR | Available Now
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Air Conditioning
Dishwasher
Litchford Forest
1 - 30 of 74 Results
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How much does it cost to rent an apartment in 27616?

27616 apartments
Bed Type Average Rent Range
1BR $1,550 $610 - $1,800
2BR $2,180 $1,250 - $2,560
3BR $1,900 $1,510 - $2,840
4+BR $2,430 $2,200 - $2,800
Find an Apartment in 27616
Looking for apartments for rent in the 27616 area of Raleigh, NC? Rentable has rental options available for you! Currently, there are 271 units ready to be leased in this area. The average rent in 27616 is $1,650, with the minimum rent for a 1-bedroom floor-plan type starting at $614.

Finding your next apartment in the 27616 area is made easy with Rentable. Take a look at the apartments near 27616 in Raleigh, NC to find the perfect rental that meets your needs and preferences.

Raleigh:
April Rent Report

Welcome to the April 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Raleigh rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Raleigh and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Raleigh average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Raleigh Rent Prices Decrease From March to April

Raleigh rent prices decreased over the last month. From March to April, the city experienced a -0.76% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,040.0.

When we take a look at the two-bedroom comparison from March to April, Raleigh experienced a -0.19% decrease for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,606.0.

April Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Cary, NC
Apex, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,547
$1,442
$1,415
$1,375
$1,329
$1,309
$1,247
$1,040
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Raleigh and Surrounding Areas

Rent prices have decreased in Raleigh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Raleigh suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Morrisville, NC, Apex, NC, Garner, NC .

  • Rent decreased in Cary, NC, Clayton, NC, Wake Forest, NC, Knightdale, NC.

  • 7 suburbs are currently priced higher than the city of Raleigh.

April 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Raleigh, NC
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$1,040
$0
$1,300
$2,600
$3,900
$5,200
Median Rent

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Raleigh average rent prices appear to be relatively affordable for local residents.

The price for a Raleigh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Raleigh and surrounding area rent prices, take a look at the complete data set below.

Data set for Raleigh and suburbs

1 BR April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Raleigh, NC $1,040.0 -0.76% $1,606.0 -0.19%
Cary, NC $1,375.0 -0.65% $1,707.0 -0.12%
Morrisville, NC $1,415.0 0.07% $1,752.0 0.57%
Apex, NC $1,329.0 4.98% $1,719.0 2.63%
Clayton, NC $1,247.0 -1.50% $1,623.0 0.00%
Wake Forest, NC $1,547.0 -5.03% $1,816.0 -2.31%
Garner, NC $1,442.0 0.42% $1,623.0 -0.12%
Knightdale, NC $1,309.0 -2.02% $1,523.0 -4.93%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.