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ZIP Code · NC

ZIP 27612

Part of Raleigh, NC
Pop. 41,952·Wake County·167th most expensive ZIP in North Carolina
Median rent (all units)
$1,476/mo
Year-over-Year
+2.8%
Month-over-Month
-0.8%
vs US Median
-$489
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27612 · $1,476
More affordable than 75% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,165
1 BR
$1,224
2 BR
$1,341
3 BR
$1,680
4 BR+
$2,253
Research median
$1,341/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
$17,712/yr
At $1,476/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 (+2.8% YoY, -0.8% MoM), not inventory.
Demographics

Who lives here

ZIP 27612 (Raleigh, NC) is roughly split between renters and owners, has a median income above the national average, 65.5% of residents hold a bachelor's degree or higher.

Population
41,952
Median income
$95,988
Median age
38.3
Renters
46.4%
Age distribution
17.6%
27.1%
28.2%
16.2%
Under 1817.6%
18–3427.1%
35–5428.2%
55–6410.9%
65+16.2%
Gender
49.5%
50.5%
Male49.5%
Female50.5%
Race & ethnicity
71.5%
13.7%
White71.5%
Black13.7%
Hispanic7.5%
Asian5.1%
Other2.2%
Education (25+)
21.5%
65.5%
No HS diploma3.3%
HS diploma9.7%
Some college21.5%
Bachelor's+65.5%
Housing tenure
53.6%
46.4%
Owner53.6%
Renter46.4%

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

2021 vs 2026

How ZIP 27612 in Raleigh, NC has changed in 5 years

Rent
$1,214 → $1,476
up 21.6%
Income
$83,883 → $95,988
up 14.4%
Population
39,249 → 41,952
up 6.9%
Renter share
46.3% → 46.4%
+0.1 pts
Bachelor's+
65.7% → 65.5%
-0.2 pts
Median age
38.9 → 38.3
-0.6 yrs

Rent in ZIP 27612 in Raleigh, NC has increased 21.6% since 2021, going from about $1,214 per month to roughly $1,476 today. Median household income grew from $83,883 to $95,988 between 2021 and 2024, a 14.4% shift. Rent outpaced income growth by roughly 7.2 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 39,249 to 41,952 between 2021 and 2024, a 6.9% change. Taken together, the five-year picture in ZIP 27612 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 27612

Last updated: July 20, 2026

ZIP code 27612 covers Raleigh, NC. The median rent here is $1,476/mo as of July 2026. A 1-bedroom rents for a median of $1,224/mo. A 2-bedroom rents for a median of $1,341/mo.

At 18% of local median household income ($95,988/yr), ZIP 27612 ranks as affordable compared to the national benchmark of 30%. Rents have increased 2.8% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27612?

As of July 20, 2026, the median monthly rent in ZIP 27612 (Raleigh, NC) is $1,476. This is based on aggregated data from public sources and community submissions.

How does ZIP 27612 rent compare to the US average?

ZIP 27612's median rent of $1,476/mo is $489 (25%) below the US national median of $1,965/mo.

How does ZIP 27612 compare to other ZIPs in North Carolina?

ZIP 27612 is among the more affordable ZIP codes in North Carolina, ranking #167 out of 227 ZIPs at $1,476/mo.

How much income do you need to rent in ZIP 27612?

To keep rent at or below 30% of gross income, you would need to earn at least $59,000/year (~$28/hour full-time) to afford the median rent of $1,476/mo in ZIP 27612. The local median household income is $95,988/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27612?

Rent in ZIP 27612 has increased 2.8% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27612 an affordable place to rent?

ZIP 27612 is considered very affordable for renters. At $1,476/mo, rent takes approximately 18% of the local median household income ($95,988/yr). The standard benchmark is 30%. ZIP 27612 falls comfortably within that range.

What percentage of ZIP 27612 residents rent vs. own?

According to Census data, approximately 46.4% of ZIP 27612 households are renters, while 53.6% are owner-occupied. ZIP 27612 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27612 compare to the rest of Raleigh?

ZIP 27612 is more affordable than Raleigh overall. At $1,476/mo, it's $103 below the Raleigh citywide median of $1,579/mo.

When was rent data for ZIP 27612 last updated?

Rent data for ZIP 27612 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
18%
VERY AFFORDABLE

At $1,476/mo, rent takes ~18% of ZIP 27612's median household income ($95,988/yr). The standard benchmark is 30%.

ZIP 27612 18%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27612 (Raleigh, NC)

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