27516 rental market

Choose another area

Last updated August 13, 2025

Rental market summary

The average rent for all bedrooms and all property types in 27516 is $3,200.

Average rent

$3,200

Month-over-month change

-$550

Year-over-year change

-$400

Available rentals

4

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $800 to $12,000.

Rent frequencies
Rent priceNumber of rental properties
$7001
$8001
$3,1001
$3,2001
$3,9001
$5,000+1

Average rent price over time

In the last year, rent has decreased by $400 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$3,900$3,425
Feb$3,900$3,348
Mar$3,600$3,400
Apr$800$3,500
May$2,200$4,000
Jun$862$4,800
Jul$2,300$4,875
Aug$1,975$3,800
Sep$2,550No data
Oct$2,100No data
Nov$3,450No data
Dec$3,600No 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 40% lower than the national average.

27516vs.

$3,200

$5,298

Rent in 27516

We created a seamless online experience for you - from shopping on the largest rental network, to applying, to paying rent.

Explore Rentals

Frequently asked questions

1. What is the average rent in 27516?

The average rent in 27516 is $2,200.

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 $2,200.

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

In the last year, the rent in 27516 decreased by $50

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

In the last month, the rent in 27516 decreased by $200

5. How many available rentals are there in 27516?

There are currently 119 rentals available in 27516.

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

The average rent in 27516 is $2,200 — Infinity% higher the national average of $0.