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ZIP Code · NC

ZIP 27608

Part of Raleigh, NC
Pop. 12,604·Wake County·12th most expensive ZIP in North Carolina
Median rent (all units)
$2,164/mo
Year-over-Year
+7.6%
Month-over-Month
-5.7%
vs US Median
+$199
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27608 · $2,164
More expensive than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,530
1 BR
$1,610
2 BR
$1,760
3 BR
$2,210
4 BR+
$2,950
Research median
$1,760/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
$25,968/yr
At $2,164/mo median
Location
StateNC
CountyWake County
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (up only 7.6% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+7.6% YoY, -5.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27608 (Raleigh, NC) is majority owner-occupied, has a large share of families with children, has a median income above the national average, 86.9% of residents hold a bachelor's degree or higher.

Population
12,604
Median income
$162,188
Median age
42
Renters
23.8%
Age distribution
25.5%
17.8%
28%
16.8%
Under 1825.5%
18–3417.8%
35–5428%
55–6411.8%
65+16.8%
Gender
47.8%
52.2%
Male47.8%
Female52.2%
Race & ethnicity
90.2%
White90.2%
Black1.9%
Hispanic3.8%
Other4%
Education (25+)
86.9%
No HS diploma0.9%
HS diploma4.4%
Some college7.7%
Bachelor's+86.9%
Housing tenure
76.2%
23.8%
Owner76.2%
Renter23.8%

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

2021 vs 2026

How ZIP 27608 in Raleigh, NC has changed in 5 years

Rent
$1,708 → $2,164
up 26.7%
Income
$146,295 → $162,188
up 10.9%
Population
12,069 → 12,604
up 4.4%
Renter share
23.7% → 23.8%
+0.1 pts
Bachelor's+
82% → 86.9%
+4.9 pts
Median age
39.6 → 42
+2.4 yrs

Compared with 2021, rent in ZIP 27608 in Raleigh, NC has climbed by $456 per month, settling near $2,164 after starting the period at $1,708. On the earnings side, the typical household in ZIP 27608 in Raleigh, NC now reports about $162,188, up from $146,295 in 2021. Rent outpaced income growth by roughly 15.8 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 12,069 to 12,604 between 2021 and 2024, a 4.4% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 82% to 86.9%. For context, the 2021 to 2026 window covers an unusually volatile run for US rents nationally, and ZIP 27608 in Raleigh, NC reflects that arc in its own way.

Community

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Local insights

Tips for renters in ZIP 27608

About renting in ZIP 27608

Last updated: July 20, 2026

ZIP code 27608 covers Raleigh, NC. The median rent here is $2,164/mo as of July 2026. A 1-bedroom rents for a median of $1,610/mo. A 2-bedroom rents for a median of $1,760/mo.

At 16% of local median household income ($162,188/yr), ZIP 27608 ranks as affordable compared to the national benchmark of 30%. Rents have increased 7.6% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27608?

As of July 20, 2026, the median monthly rent in ZIP 27608 (Raleigh, NC) is $2,164. This is based on aggregated data from public sources and community submissions.

How does ZIP 27608 rent compare to the US average?

ZIP 27608's median rent of $2,164/mo is $199 (10%) above the US national median of $1,965/mo.

How does ZIP 27608 compare to other ZIPs in North Carolina?

ZIP 27608 is one of the pricier ZIP codes in North Carolina, ranking #12 out of 227 ZIPs tracked at $2,164/mo.

How much income do you need to rent in ZIP 27608?

To keep rent at or below 30% of gross income, you would need to earn at least $87,000/year (~$42/hour full-time) to afford the median rent of $2,164/mo in ZIP 27608. The local median household income is $162,188/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27608?

Rent in ZIP 27608 has increased 7.6% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27608 an affordable place to rent?

ZIP 27608 is considered very affordable for renters. At $2,164/mo, rent takes approximately 16% of the local median household income ($162,188/yr). The standard benchmark is 30%. ZIP 27608 falls comfortably within that range.

What percentage of ZIP 27608 residents rent vs. own?

According to Census data, approximately 23.8% of ZIP 27608 households are renters, while 76.2% are owner-occupied. ZIP 27608 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27608 compare to the rest of Raleigh?

ZIP 27608 is pricier than Raleigh as a whole. At $2,164/mo, it's $585 above the Raleigh citywide median of $1,579/mo.

When was rent data for ZIP 27608 last updated?

Rent data for ZIP 27608 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
16%
VERY AFFORDABLE

At $2,164/mo, rent takes ~16% of ZIP 27608's median household income ($162,188/yr). The standard benchmark is 30%.

ZIP 27608 16%Benchmark 30%
State income tax4.5%
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Public schools near ZIP 27608 (Raleigh, NC)

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