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Rent by ZIP · Wake County

Rent in Raleigh, NC 27615

HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,880 (-4.6% vs FY2026). Renters in this ZIP code pay a median $1,612 a month, including utilities.

Rent by number of bedrooms

SizeSAFMR FY2027FY2026ChangeTypical voucher rangeCensus median rent
Studio$1,660$1,720-3.5%$1,494–1,826–
1 bedroom$1,730$1,800-3.9%$1,557–1,903$1,400 ±$36
2 bedrooms$1,880$1,970-4.6%$1,692–2,068$1,661 ±$47
3 bedrooms$2,340$2,470-5.3%$2,106–2,574$1,712 ±$174
4 bedrooms$3,140$3,300-4.8%$2,826–3,454$2,576 ±$442

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 27615

Median gross rent$1,612±$53 · all sizes
Renter households5,31328% of occupied homes
No cash rent112households

How rents are spread

Under $1,0002%
$1,000–1,49938%
$1,500–1,99944%
$2,000–2,4999%
$2,500–2,9994%
$3,000–3,4991%
$3,500+2%

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

Nearby ZIP codes

ZIPPlace2-bedroom FMRCensus median, 2 bedrooms
27614Raleigh$1,750$1,545
27616Raleigh$1,740$1,593
27613Raleigh$1,690$1,688
27617Raleigh$1,910$1,744
27612Raleigh$1,950$1,710
27610Raleigh$1,420$1,222

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.