Most Affordable ZIP Codes in Raleigh-Cary, NC (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 28366 Newton Grove, NC $164,859 $1,215 5.75% 7.1%
2 27816 Castalia, NC $223,912 $1,215 4.23% 5.2%
3 27508 Bunn, NC $251,419 $1,215 3.77% 5.9%
4 27542 Kenly, NC $267,155 $1,215 3.55% 6.3%
5 27576 Selma, NC $274,260 $1,561 4.44% 5.4%
6 27569 Princeton, NC $281,452 $1,215 3.37% 5.8%
7 27577 Smithfield, NC $293,166 $1,787 4.75% 4.9%
8 27549 Louisburg, NC $309,753 $1,423 3.58% 5.7%
9 27524 Four Oaks, NC $310,548 $1,820 4.57% 5.8%
10 27610 Raleigh, NC $318,163 $1,866 4.58% 4.0%
11 27504 Benson, NC $322,833 $1,608 3.89% 5.5%
12 27520 Clayton, NC $337,862 $1,826 4.22% 4.5%
13 27604 Raleigh, NC $343,918 $1,616 3.66% 3.9%
14 27597 Zebulon, NC $344,286 $1,968 4.46% 4.3%
15 27616 Raleigh, NC $356,090 $1,607 3.52% 3.3%
16 27525 Franklinton, NC $356,889 $1,530 3.34% 5.4%
17 27545 Knightdale, NC $370,714 $1,726 3.63% 4.0%
18 27591 Wendell, NC $372,315 $1,898 3.98% 4.4%
19 27529 Garner, NC $388,051 $1,869 3.76% 4.4%
20 27527 Clayton, NC $397,673 $1,812 3.55% 3.7%
21 27592 Willow Spring, NC $415,300 $1,913 3.59% 5.0%
22 27603 Raleigh, NC $416,830 $1,723 3.22% 4.3%
23 27596 Youngsville, NC $421,780 $1,929 3.57% 5.0%
24 27617 Raleigh, NC $440,367 $1,513 2.68% 3.8%
25 27606 Raleigh, NC $442,142 $1,496 2.64% 4.2%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →