Apartments in 27616

1 - 30 of 73 Results
60
$1,201 - 2,130
3235 Trimblestone Ln Raleigh, NC
1 - 2 BR | Dec. 28, 2024
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Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
16
$1,050 - 1,650
4722 Dansey Dr Raleigh, NC
1 - 3 BR | Available Now
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Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
21
$1,950
Raleigh, NC
4 BR | Available Now
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Cat Friendly
House
Air Conditioning
In Unit Laundry
16
$590
6500 Pathfinder Way Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
38
$745
8611 Brushfoot Way Raleigh, NC
1 BR | Available Now
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25
$700 - 950
3209 Daingerfield Dr Raleigh, NC
1 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
24
$1,565 - 2,610
7901 Cheaha Dr Raleigh, NC
1 - 3 BR | Available Now
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Cat Friendly
Luxury
In Unit Laundry
Balcony/Deck/Patio
13
$1,425
4405 Louisburg Rd Raleigh, NC
3 BR | Available Now
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Cat Friendly
Dishwasher
20
$625
3525 Sugarplum Rd Raleigh, NC
1 BR | Available Now
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25
$700
6906 Thalweg Dr Raleigh, NC
1 BR | Ask for Availability
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21
$800
7113 Beaverwood Dr Raleigh, NC
1 BR | Available Now
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Bentley Woods
15
$575
7308 Renyard Ct Raleigh, NC
1 BR | Available Now
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Bentley Woods
20
$900
5218 Invention Way Raleigh, NC
1 BR | Ask for Availability
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Air Conditioning
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Dishwasher
10
$1,630 - 1,925
8228 Wynewood Ct Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Air Conditioning
Covered Parking
Dishwasher
8
$620
3525 Sugarplum Road Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
7
$556
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
32
$851
3209 Daingerfield Dr Raleigh, NC
1 BR | Available Now
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House
14
$1,695
4720 Louisburg Rd Raleigh, NC
3 BR | Jan. 1, 2025
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Dog Friendly
Cat Friendly
Storage
27
$1,032 - 2,364
4612 Dansey Drive Raleigh, NC
1 - 3 BR | Dec. 27, 2024
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Cat Friendly
Section 8
Air Conditioning
Fitness Center
58
$1,875
Raleigh, NC
3 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Dishwasher
25
$1,975
7125 Lowell Ridge Rd Raleigh, NC
3 BR | Ask for Availability
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1
$1,225
Raleigh, NC
2 BR | Available Now
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Disability Access
Dishwasher
16
$760
6906 Thalweg Dr Raleigh, NC
1 BR | Available Now
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33
$2,200
Raleigh, NC
4 BR | Jan. 1, 2025
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1
$1,295
4832 Hollenden Dr Raleigh, NC
2 BR | Available Now
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1
$2,695
4315 Snowcrest Ln Raleigh, NC
5 BR | Available Now
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Storage
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8
$640
6500 Pathfinder Way Raleigh, NC
1 BR | Available Now
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1
$2,200
6112 Amber Bluffs Cres Raleigh, NC
4 BR | Jan. 1, 2025
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Storage
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Fireplace
20
$1,795
Raleigh, NC
3 BR | Available Now
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Park at Perry Creek
13
$1,595
Raleigh, NC
3 BR | Ask for Availability
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1 - 30 of 73 Results
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How much does it cost to rent an apartment in 27616?

27616 apartments
Bed Type Average Rent Range
1BR $1,610 $640 - $1,850
2BR $1,870 $1,300 - $2,310
3BR $1,930 $1,470 - $2,540
4+BR $2,280 $1,790 - $2,700
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 382 units ready to be leased in this area. The average rent in 27616 is $1,690, with the minimum rent for a 1-bedroom floor-plan type starting at $640.

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:
December Rent Report

Welcome to the December 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 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
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Raleigh Rent Prices Increase From November to December

Raleigh rent prices increased over the last month. From November to December, the city experienced a 1.33% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,218.0.

When we take a look at the two-bedroom comparison from November to December, Raleigh experienced a 0.54% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,661.0.

December Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Apex, NC
Garner, NC
Cary, NC
Morrisville, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,539
$1,502
$1,425
$1,353
$1,326
$1,279
$1,250
$1,202
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Raleigh and Surrounding Areas

Rent prices have increased 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 5 of the Raleigh suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cary, NC, Apex, NC, Clayton, NC, Wake Forest, NC, Garner, NC .

  • Rent decreased in Morrisville, NC, Knightdale, NC.

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

December 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Raleigh, NC
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,202
$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 on the rise. 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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Raleigh, NC $1,202.0 2.56% $1,652.0 0.43%
Cary, NC $1,353.0 0.15% $1,659.0 -0.24%
Apex, NC $1,502.0 2.88% $1,760.0 3.59%
Morrisville, NC $1,326.0 -0.67% $1,713.0 0.23%
Clayton, NC $1,250.0 3.31% $1,592.0 0.57%
Wake Forest, NC $1,539.0 0.79% $1,745.0 1.22%
Garner, NC $1,425.0 0.14% $1,611.0 0.25%
Knightdale, NC $1,279.0 -3.62% $1,548.0 -0.83%

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.