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ZIP Code · NC

ZIP 27614

Part of Raleigh, NC
Pop. 34,226·Wake County·141st most expensive ZIP in North Carolina
Median rent (all units)
$1,579/mo
Year-over-Year
+6.1%
Month-over-Month
-1.7%
vs US Median
-$386
Falling (Monthly)
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Most AffordableMost Expensive
ZIP 27614 · $1,579
More affordable than 68% of US ZIP codes · National median $1,965/mo
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Medians by bedroom

Rent by unit size

Studio
$1,249
1 BR
$1,311
2 BR
$1,434
3 BR
$1,797
4 BR+
$2,406
Research median
$1,434/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
$18,948/yr
At $1,579/mo median
Location
StateNC
CountyWake County
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (6.1% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+6.1% YoY, -1.7% MoM), not inventory.
Demographics

Who lives here

ZIP 27614 (Raleigh, NC) is majority owner-occupied, has a median income above the national average, 64.2% of residents hold a bachelor's degree or higher.

Population
34,226
Median income
$128,834
Median age
43.6
Renters
29%
Age distribution
24%
14.4%
31%
13.5%
17%
Under 1824%
18–3414.4%
35–5431%
55–6413.5%
65+17%
Gender
48.5%
51.5%
Male48.5%
Female51.5%
Race & ethnicity
73.5%
12.5%
White73.5%
Black12.5%
Hispanic7.2%
Asian3.4%
Other3.4%
Education (25+)
21.2%
64.2%
No HS diploma5.3%
HS diploma9.3%
Some college21.2%
Bachelor's+64.2%
Housing tenure
71%
29%
Owner71%
Renter29%

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

2021 vs 2026

How ZIP 27614 in Raleigh, NC has changed in 5 years

Income
$119,151 → $128,834
up 8.1%
Population
32,371 → 34,226
up 5.7%
Renter share
27.8% → 29%
+1.2 pts
Bachelor's+
60.4% → 64.2%
+3.8 pts

Local incomes tracked alongside that move, going from a median of $119,151 in 2021 to $128,834 more recently. Headcount in the area went from 32,371 to 34,226 between 2021 and 2024, a 5.7% change. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 60.4% to 64.2%.

Community

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Local insights

Tips for renters in ZIP 27614

About renting in ZIP 27614

Last updated: July 20, 2026

ZIP code 27614 covers Raleigh, NC. The median rent here is $1,579/mo as of July 2026. A 1-bedroom rents for a median of $1,311/mo. A 2-bedroom rents for a median of $1,434/mo.

At 15% of local median household income ($128,834/yr), ZIP 27614 ranks as affordable compared to the national benchmark of 30%. Rents have increased 6.1% over the past year.

FAQ

Frequently asked questions

How much is rent in ZIP code 27614?

As of July 20, 2026, the median monthly rent in ZIP 27614 (Raleigh, NC) is $1,579. This is based on aggregated data from public sources and community submissions.

How does ZIP 27614 rent compare to the US average?

ZIP 27614's median rent of $1,579/mo is $386 (20%) below the US national median of $1,965/mo.

How does ZIP 27614 compare to other ZIPs in North Carolina?

ZIP 27614 falls in the middle range for North Carolina, ranking #141 out of 227 ZIPs at $1,579/mo.

How much income do you need to rent in ZIP 27614?

To keep rent at or below 30% of gross income, you would need to earn at least $63,000/year (~$30/hour full-time) to afford the median rent of $1,579/mo in ZIP 27614. The local median household income is $128,834/yr, meaning the typical household meets that threshold.

Is rent going up or down in ZIP 27614?

Rent in ZIP 27614 has increased 6.1% over the past year as of July 20, 2026, putting upward pressure on renter budgets.

Is ZIP 27614 an affordable place to rent?

ZIP 27614 is considered very affordable for renters. At $1,579/mo, rent takes approximately 15% of the local median household income ($128,834/yr). The standard benchmark is 30%. ZIP 27614 falls comfortably within that range.

What percentage of ZIP 27614 residents rent vs. own?

According to Census data, approximately 29% of ZIP 27614 households are renters, while 71% are owner-occupied. ZIP 27614 leans toward homeownership, which can mean a smaller rental inventory.

How does ZIP 27614 compare to the rest of Raleigh?

ZIP 27614 sits right at the Raleigh citywide median of $1,579/mo.

When was rent data for ZIP 27614 last updated?

Rent data for ZIP 27614 reflects July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.
Income Affordability
15%
VERY AFFORDABLE

At $1,579/mo, rent takes ~15% of ZIP 27614's median household income ($128,834/yr). The standard benchmark is 30%.

ZIP 27614 15%Benchmark 30%
State income tax4.5%
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Schools nearby

Public schools near ZIP 27614 (Raleigh, NC)

Recent submissions

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