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Rent by ZIP · Wake County

Rent in Raleigh, NC 27601

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,750 (-4.9% vs FY2026). Renters in this ZIP code pay a median $1,550 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,540$1,600-3.8%$1,386–1,694$1,579 ±$179
1 bedroom$1,610$1,680-4.2%$1,449–1,771$1,532 ±$152
2 bedrooms$1,750$1,840-4.9%$1,575–1,925$1,551 ±$407
3 bedrooms$2,180$2,310-5.6%$1,962–2,398$1,621 ±$332
4 bedrooms$2,930$3,090-5.2%$2,637–3,223–

Small Area FMRs for the Raleigh-Cary, NC MSA. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.

Area-wide FMR for Raleigh-Cary, NC MSA, 2 bedrooms: $1,689.

What renters pay in 27601

Median gross rent$1,550±$96 · all sizes
Renter households3,51974% of occupied homes
No cash rent54households

How rents are spread

Under $1,00024%
$1,000–1,49923%
$1,500–1,99933%
$2,000–2,49911%
$2,500–2,9996%
$3,000–3,4993%
$3,500+0%

Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
27603Raleigh$1,600$1,476
27604Raleigh$1,620$1,425
27605Raleigh$1,830$1,814
27606Raleigh$1,660$1,497
27607Raleigh$1,730$1,579
27608Raleigh$1,800$1,683

Fair Market Rents across Wake County, NC · All NC counties · What is Fair Market Rent?

Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.