ZIP 27601
Is your rent fair?
Compare your rent to the local median.
Rent by unit size
Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).
12-month history
Last updated: October 17, 2026
What the numbers show
March. Asking rents in ZIP 27601 usually run 1.1% below trend in March and 1.7% above it in September, about $48 a month apart at today's median. Based on 7 years of data.
Rent in ZIP 27601 is 4.4% below its high of $1,785 in February 2023, at $1,706 as of September 2026.
Rent in ZIP 27601 changed +0.8% over the year to September 2026. Across the 190 North Carolina ZIP codes Zillow tracks, the typical change was +2.6%.
From 2019 to 2024, rent in ZIP 27601 rose 19.5% while median household income rose 39.1% ($51,281 to $71,350). Income kept ahead of rent.
Rent in ZIP 27601 is 14% higher than in March 2020. Across the US, rent is up 37.3% over the same stretch.
Rent has risen 4 months in a row, and rose in 6 of the last 12 months.
30% of the median household income ($71,350) is $1,784 a month. That covers HUD's Fair Market Rent for up to a 1-bedroom ($1,680); a 2-bedroom is $1,840.
12th cheapest of 15 ZIP codes in Raleigh.
ZIP 27609, 5 miles away, rents for 19% less ($1,381/mo), about $3,900 a year in savings.
From Zillow's monthly rent index (ZORI) for ZIP 27601. The seasonal pattern compares Zillow’s seasonally adjusted and unadjusted series. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
Who lives here
ZIP 27601 (Raleigh, NC) is majority renter-occupied, skews toward younger working-age adults, 49.9% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How ZIP 27601 in Raleigh, NC has changed in 5 years
The median rent in ZIP 27601 in Raleigh, NC stood at $1,438 in 2021 and currently runs about $1,706, reflecting a 18.6% increase over the period. Median household income rose from $61,333 to $71,350 between 2021 and 2024, a 16.3% shift. The population has contracted by 11.0% since 2021, moving from about 11,127 residents to roughly 9,905. College-educated residents now make up 49.9% of adults here, versus 46.6% in 2021. Taken together, the five-year picture in ZIP 27601 in Raleigh, NC reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.
Discussions about ZIP 27601
No discussions yet. Start the conversation.
Tips for renters in ZIP 27601
Last updated: October 17, 2026
ZIP code 27601 covers Raleigh, NC. The median rent here is $1,706/mo as of October 2026. A 1-bedroom rents for a median of $1,680/mo. A 2-bedroom rents for a median of $1,840/mo.
At 29% of local median household income ($71,350/yr), ZIP 27601 ranks as affordable compared to the national benchmark of 30%. Rents have increased 0.8% over the past year.
Frequently asked questions
How much income do you need to rent in ZIP 27601?
Is rent going up or down in ZIP 27601?
When is the cheapest time to rent in ZIP 27601?
Has rent outpaced income in ZIP 27601?
How does ZIP 27601 compare to other ZIPs in North Carolina?
How does ZIP 27601 compare to the rest of Raleigh?
At $1,706/mo, rent takes ~29% of ZIP 27601's median household income ($71,350/yr). The standard benchmark is 30%.
How does this area stack up?
Pick another city or ZIP to compare.
Be the first to submit your rent for this ZIP.
No discussions yet.