ZIP 27609

Raleigh, NC

Data based on listings and public records observed by Rufus. May not represent the entire market.

ZIP 27609 covers 33 tracked apartment buildings totaling 7,637 units in Raleigh, NC, with an average asking rent of $1,693 — close to the national median for this ZIP code. Asking rents span $923 to $5,999 across the available inventory. Reported occupancy is 91.7%, softer than most stabilized markets and consistent with active leasing concessions.

The for-sale market in this ZIP code shows a median asking price of $740,000 ($394 per square foot). For-sale listings sit on the market for an average of 87 days. As of the most recent snapshot Rufus is tracking 140 active listings. HMDA mortgage data for the county covering Raleigh shows an average loan amount of $440,201 at an average interest rate of 6.52%. 34,638 loans were originated in the most recent reporting year, a denial rate close to the national average.

Rufus refreshes this ZIP code snapshot from live scraping of listing sources and public deed and mortgage records; figures are observed rather than reported by owners and may differ from marketing brochures.

Last updated 2026-07-28 · Tracked since 2025-09-03
Avg Rent
$1,693
$923 – $5,999
Buildings
33
Total Units
7,637
Est. Occupancy
91.7%
637 vacant (observed)

Building Vintage

Pre-1980
10
1980-1999
8
2000-2014
5
2015+
10

Largest Buildings

PropertyUnitsBuiltAvg Rent
Bridges at North Hills6001971$1,189
LYV Six Forks4711982$1,389
Park and Market4092009$1,953
St. Albans Lofts3962025$2,113
Aventon Nora3722022$1,919
Lassiter at North Hills2972006$2,119
NorthCity62912009$1,482
Highland North Hills2872024$2,856
Windsor Falls2761995$1,469
Quail Ridge Apartments2461968$1,213
Last updated: 2026-07-20
Median Asking Price
$740,000
Median Size
2,761 sqft
Price per Sqft
$394
Avg Days on Market
87 days
Active Listings
140

Home Type Breakdown

Single Family70.7%(99)
Condo17.1%(24)
Townhome12.1%(17)
Source: HMDA / CFPB

Mortgage data is reported at the county level and may cover a broader area than the ZIP, city, or metro shown.

Avg Loan Amount
$440,201
Avg Property Value
$582,747
Avg Applicant Income
$187,664
Denial Rate
9.6%
Avg Interest Rate
6.52%
Originations
34,638

Loan Type Breakdown

Conventional86.7%
FHA8.1%
VA4.9%
USDA0.3%