Rent by ZIP · Wake County
Rent in Raleigh, NC 27604
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,620 (-5.8% vs FY2026). Renters in this ZIP code pay a median $1,480 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,430 | $1,500 | -4.7% | $1,287–1,573 | $1,520 ±$634 |
| 1 bedroom | $1,490 | $1,570 | -5.1% | $1,341–1,639 | $1,238 ±$134 |
| 2 bedrooms | $1,620 | $1,720 | -5.8% | $1,458–1,782 | $1,425 ±$54 |
| 3 bedrooms | $2,020 | $2,160 | -6.5% | $1,818–2,222 | $1,778 ±$121 |
| 4 bedrooms | $2,710 | $2,890 | -6.2% | $2,439–2,981 | $2,230 ±$913 |
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 27604
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 27603 | Raleigh | $1,600 | $1,476 |
| 27605 | Raleigh | $1,830 | $1,814 |
| 27606 | Raleigh | $1,660 | $1,497 |
| 27601 | Raleigh | $1,750 | $1,551 |
| 27607 | Raleigh | $1,730 | $1,579 |
| 27608 | Raleigh | $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.