27516 rental market
What is the average rent in 27516?
Last updated October 31, 2025
Rental market summary
The average rent for 1 bedroom properties in 27516 is $1,258.
$1,258
-$193
-$167
25
Source: Zillow Rentals data
Rental price range
The price range for 1 bedroom properties is $674 to $3,688.
| Rent price | Number of rental properties |
|---|---|
| $600 | 1 |
| $700 | 2 |
| $800 | 1 |
| $900 | 2 |
| $1,000 | 6 |
| $1,100 | 5 |
| $1,200 | 1 |
| $1,300 | 2 |
| $1,400 | 1 |
| $1,500 | 4 |
| $1,600 | 1 |
| $1,700 | 3 |
| $1,800 | 2 |
| $2,400+ | 1 |
Average rent price over time
In the last year, rent has decreased by $167 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,200 | $1,425 |
| Feb | $1,350 | $1,425 |
| Mar | $1,343 | $1,475 |
| Apr | $1,320 | $1,550 |
| May | $1,270 | $1,334 |
| Jun | $1,276 | $1,442 |
| Jul | $1,280 | $1,531 |
| Aug | $1,495 | $1,525 |
| Sep | $1,200 | $1,300 |
| Oct | $1,100 | $1,451 |
| Nov | $1,425 | No data |
| Dec | $1,500 | No data |
Market temperature
The 27516 rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in 27516 is 17% lower than the national average.
$1,258
$1,512
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Frequently asked questions
1. What is the average rent in 27516?
The average rent in 27516 is $2,300.
2. What is the average rent for a studio apartment in 27516?
The average rent for a studio apartment in 27516 is $1,582 per month.
3. What is the average rent for a one-bedroom apartment in 27516?
The average rent for a one-bedroom apartment in 27516 is $1,258 per month.
4. What is the average rent for a two-bedroom apartment in 27516?
The average rent for a two-bedroom apartment in 27516 is $2,100 per month.
5. What is the average rent for a three-bedroom apartment in 27516?
The average rent for a three-bedroom apartment in 27516 is $2,500 per month.
6. What is the average rent for a four-bedroom apartment in 27516?
The average rent for a four-bedroom apartment in 27516 is $3,612 per month.
7. How much does it cost to rent a house in 27516?
Houses in 27516 rent between $674 - $12,000 with an average rent of $2,300.
8. How has the rent in 27516 changed in the last year?
In the last year, the rent in 27516 increased by $300
9. How much has the rent in 27516 increased/decreased in the last month?
In the last month, the rent in 27516 decreased by $140
10. How many available rentals are there in 27516?
There are currently 153 rentals available in 27516.
11. How do rent prices in 27516 compare with the national average?
The average rent in 27516 is $2,300 — Infinity% higher the national average of $0.