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Apartments in 27616

61 - 77 of 77 Results
4
$1,595
3613 Pinkham Way
Deal
Raleigh, NC
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
Pool
$1,875
4512 Jacqueline Lane - Bev Roberts Rentals And Property Management
4512 Jacqueline Ln Raleigh, NC
3 BR | Available Now
Contact
House
Dishwasher
$2,100
Coming Soon! Beautiful Townhome - 3 Bedrooms, 2.5 Bathrooms!
6003 Kohler Ln Raleigh, NC
3 BR | Jun. 2, 2024
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Fireplace
$1,795
Charming 3bd, 2ba Raleigh Townhome In A Great Location With Hoa Amenities
8620 Neuse Landing Ln Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
Park at Perry Creek
34
$2,695
8535 Lasilla Way
Raleigh, NC
5 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
$1,600
Lovely 2 Bedroom End Unit Townhome In Ne Raleigh!
4608 Lavista Ct Unit C Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
$1,895
3901 Tresco Crsg
Raleigh, NC
3 BR | Jun. 10, 2024
Contact
Dog Friendly
Cat Friendly
House
12
$945
8620 103 Neuse Landing Ln
Raleigh, NC
1 BR | Available Now
Contact
House
Park at Perry Creek
13
$1,895
3728 Blue Blossom Dr
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
$1,600
Charming 2 Bedroom Townhome In Ne Raleigh!
4608 Lavista Ct Unit B Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
$1,400
Light Filled 1 Br/ba Condo With Loft! Community Pool! Available June 15
3810 Grey Harbor Dr Raleigh, NC
1 BR | Jun. 15, 2024
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Dishwasher
$2,595
4 Bedroom Home With Bonus Room & 2 Car Garage!
3134 Groveshire Dr Raleigh, NC
4 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
House
$1,900
Available Now!
6617 Clarksburg Pl Raleigh, NC
3 BR | Available Now
Contact
Cat Friendly
House
Dishwasher
Litchford Forest
$979 - 1,390
Wynslow Park Apartments
4211 Fox Rd Raleigh, NC
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
$1,795
4457 Snowcrest Ln
Raleigh, NC
3 BR | Available Now
Contact
House
$1,895
Updated Raleigh Ranch, 3bd/2ba, Large Deck, Fenced Yard And Garage!
5537 Wilhagan Ct Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
$2,450
4 Bedroom Single Family Home In Raleigh
3210 Britmass Dr Raleigh, NC
4 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
61 - 77 of 77 Results
  1. Home
  2. Raleigh
  3. 27616

How much does it cost to rent an apartment in 27616?

27616 apartments
Bed Type Average Rent Range
1BR $1,580 $660 - $1,800
2BR $2,180 $1,240 - $2,560
3BR $1,900 $1,510 - $2,830
4+BR $2,400 $2,190 - $2,750
Frequently Asked Questions

How many apartments are available in 27616 on Rentable.co?

Rentable.co has 77 apartments available for rent in 27616.

What is the average rent for an apartment in 27616?

The average rent for an apartment in 27616 is around $1,660 per month.

What is the average rent for a two-bedroom apartment in 27616?

The average rent for a two-bedroom apartment in 27616 is around $2,179 per month.

What is the average rent for a one-bedroom apartment in 27616?

The average rent for a one-bedroom apartment in 27616 is around $1,577 per month.

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 261 units ready to be leased in this area. The average rent in 27616 is $1,670, with the minimum rent for a 1-bedroom floor-plan type starting at $655.

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:
May Rent Report

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

Raleigh rent prices decreased over the last month. From April to May, 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 April to May, 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.

May Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Apex, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,508
$1,445
$1,411
$1,411
$1,371
$1,303
$1,263
$1,056
$0
$500
$1,000
$1,500
$2,000
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 Apex, NC, Clayton, NC, Garner, NC .

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

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

May 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Raleigh, NC
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$1,056
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Raleigh, NC $1,056.0 1.54% $1,614.0 0.50%
Cary, NC $1,371.0 -0.29% $1,691.0 -0.94%
Morrisville, NC $1,411.0 -0.28% $1,744.0 -0.46%
Apex, NC $1,411.0 6.17% $1,783.0 3.72%
Clayton, NC $1,263.0 1.28% $1,623.0 0.00%
Wake Forest, NC $1,508.0 -2.52% $1,771.0 -2.48%
Garner, NC $1,445.0 0.21% $1,620.0 -0.19%
Knightdale, NC $1,303.0 -0.46% $1,460.0 -4.14%

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.

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