HousingHandbookReference data

U.S. ZIP Code · NC27513

Wake County · Raleigh-Cary, NC

Typical home value

$566,968[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.1%
5-year / yr
+7.0%
10-year / yr
+6.3%

Relative price

vs U.S.
+99.6%
vs metro
+36.0%
vs state
+99.2%
ZIP 27513 location in NC
Location of ZIP 27513 in NC

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 27513 is worth $566,968 — 36.0% above the Raleigh-Cary, NC median. Over the past year, values have fallen 1.1%. Homes here rent for a typical $1,503 a month — a 3.2% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,503[2]
Gross yield
3.2%[2]
Cap rate
1.9%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$4,219[3]

#Climate risk

FEMA National Risk Index ratings for Wake County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively High[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
46,979[3]
Median household income
$121,989[3]

#Migration

Household moves in and out of Wake County over a year, from IRS tax-return data.

Net migration
+3,843[5]
Moved in
39,828
Moved out
35,985

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
7
Elementary
5
Middle
2
High
0
  • West Cary Middle

    Middle · Grades 6–8 · Wake County Schools

    891 students

  • Reedy Creek Middle

    Middle · Grades 6–8 · Wake County Schools

    805 students

  • Cardinal Charter Academy

    Elementary · Grades K–8 · Cardinal Charter

    720 students

  • Weatherstone Elementary

    Elementary · Grades PK–5 · Wake County Schools

    718 students

  • Northwoods Elementary

    Elementary · Grades PK–5 · Wake County Schools

    618 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield3.2%
Net yield (after ~40% expenses)1.9%
Annual rent$18,032

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$2,867
Loan principal$453,575
Down payment$113,394
Total interest paid$578,509

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio2.45
Monthly cost to own$3,689
Monthly rent$1,503

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
86th percentile[1]
Rental yield
17th percentile[2]
Property tax
86th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 27513?
The typical home in 27513 is worth $566,968, based on the Zillow Home Value Index.
Are home values rising in 27513?
Home values in 27513 are down 1.1% over the past year, and up 7.0% a year over five years.
What is the typical rent in 27513?
A typical home in 27513 rents for about $1,503 a month, a gross rental yield of 3.2%.
What is the property tax rate in 27513?
The effective property tax rate in 27513 is 0.7% — roughly $4,219 a year on a typical home.
Who lives in 27513?
ZIP code 27513 has a population of 46,979 and a median household income of $121,989.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Apex, NC

    Typical home
    $573,595
    Gross yield
    4.4%
  • Raleigh, NC

    Typical home
    $559,144
    Gross yield
    3.4%
  • Raleigh, NC

    Typical home
    $577,519
    Gross yield
    3.0%
  • Holly Springs, NC

    Typical home
    $584,429
    Gross yield
    3.8%
  • Raleigh, NC

    Typical home
    $548,507
    Gross yield
    3.3%
  • Raleigh, NC

    Typical home
    $597,200
    Gross yield
    2.8%

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