27516 rental market

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Last updated August 20, 2025

Rental market summary

The average rent for 1 bedroom properties in 27516 is $1,318.

Average rent

$1,318

Month-over-month change

-$207

Year-over-year change

-$132

Available rentals

23

Source: Zillow Rentals data

Rental price range

The price range for 1 bedroom properties is $674 to $1,988.

Rent frequencies
Rent priceNumber of rental properties
$6001
$7005
$8003
$9002
$1,1002
$1,2002
$1,3002
$1,4003
$1,5004
$1,6001
$1,7001
$1,8003
$1,900+1

Average rent price over time

In the last year, rent has decreased by $133 compared to the previous year.

Average rent price over time
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$1,200No data
Oct$1,100No data
Nov$1,425No data
Dec$1,500No data

Market temperature

The 27516 rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

warm

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.

27516vs.

$1,318

$1,586

Rent in 27516

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Frequently asked questions

1. What is the average rent in 27516?

The average rent in 27516 is $2,190.

2. How much does it cost to rent a house in 27516?

Houses in 27516 rent between $580 - $12,000 with an average rent of $2,190.

3. How has the rent in 27516 changed in the last year?

In the last year, the rent in 27516 decreased by $60

4. How much has the rent in 27516 increased/decreased in the last month?

In the last month, the rent in 27516 decreased by $110

5. How many available rentals are there in 27516?

There are currently 117 rentals available in 27516.

6. How do rent prices in 27516 compare with the national average?

The average rent in 27516 is $2,190 — Infinity% higher the national average of $0.