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ZIP Code · NC

ZIP 27601

Part of Raleigh, NC
Pop. 9,905·Wake County·103rd most expensive ZIP in North Carolina
Median rent (all units)
$1,699/mo
Year-over-Year
-1.9%
Month-over-Month
+1.6%
vs US Median
-$266
Rising (Monthly)
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Most AffordableMost Expensive
ZIP 27601 · $1,699
More affordable than 59% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,600
1 BR
$1,680
2 BR
$1,840
3 BR
$2,310
4 BR+
$3,090
Research median
$1,840/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$20,388/yr
At $1,699/mo median
Location
StateNC
CountyWake County
Rent Market Meter
Balanced Market
Renter's MarketBalancedLandlord's Market
Rents are roughly steady, with neither renters nor landlords holding a strong edge right now.
Based on rent-price momentum (-1.9% YoY, +1.6% MoM), not inventory.
Demographics

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.

Population
9,905
Median income
$71,350
Median age
32.2
Renters
74%
Age distribution
15.8%
42.2%
26%
Under 1815.8%
18–3442.2%
35–5426%
55–648.8%
65+7.1%
Gender
51.2%
48.8%
Male51.2%
Female48.8%
Race & ethnicity
40.5%
39.1%
White40.5%
Black39.1%
Hispanic8.7%
Asian4.1%
Other7.8%
Education (25+)
12.1%
16.8%
21.1%
49.9%
No HS diploma12.1%
HS diploma16.8%
Some college21.1%
Bachelor's+49.9%
Housing tenure
26%
74%
Owner26%
Renter74%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 27601 in Raleigh, NC has changed in 5 years

Rent
$1,463 → $1,699
up 16.1%
Income
$61,333 → $71,350
up 16.3%
Population
11,127 → 9,905
down 11.0%
Renter share
73.6% → 74%
+0.4 pts
Bachelor's+
46.6% → 49.9%
+3.3 pts
Median age
31.3 → 32.2
+0.9 yrs

The median rent in ZIP 27601 in Raleigh, NC stood at $1,463 in 2021 and currently runs about $1,699, reflecting a 16.1% 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.

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Local insights

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About renting in ZIP 27601

Last updated: July 20, 2026

ZIP code 27601 covers Raleigh, NC. The median rent here is $1,699/mo as of July 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 decreased 1.9% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27601?

As of July 20, 2026, the median monthly rent in ZIP 27601 (Raleigh, NC) is $1,699. This is based on aggregated data from public sources and community submissions.

How does ZIP 27601 rent compare to the US average?

ZIP 27601's median rent of $1,699/mo is $266 (14%) below the US national median of $1,965/mo.

How does ZIP 27601 compare to other ZIPs in North Carolina?

ZIP 27601 falls in the middle range for North Carolina, ranking #103 out of 227 ZIPs at $1,699/mo.

How much income do you need to rent in ZIP 27601?

To keep rent at or below 30% of gross income, you would need to earn at least $68,000/year (~$33/hour full-time) to afford the median rent of $1,699/mo in ZIP 27601. The local median household income is $71,350/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27601?

Rent in ZIP 27601 has decreased 1.9% over the past year as of July 20, 2026, offering some relief compared to 12 months ago.

Is ZIP 27601 an affordable place to rent?

ZIP 27601 is considered affordable for renters. At $1,699/mo, rent takes approximately 29% of the local median household income ($71,350/yr). The standard benchmark is 30%. ZIP 27601 falls comfortably within that range.

What percentage of ZIP 27601 residents rent vs. own?

According to Census data, approximately 74% of ZIP 27601 households are renters, while 26% are owner-occupied. With a majority renter population, ZIP 27601 has a strong rental market.

How does ZIP 27601 compare to the rest of Raleigh?

ZIP 27601 is pricier than Raleigh as a whole. At $1,699/mo, it's $120 above the Raleigh citywide median of $1,579/mo.

When was rent data for ZIP 27601 last updated?

Rent data for ZIP 27601 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
29%
AFFORDABLE

At $1,699/mo, rent takes ~29% of ZIP 27601's median household income ($71,350/yr). The standard benchmark is 30%.

ZIP 27601 29%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27601 (Raleigh, NC)

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