Are housing prices going down in Raleigh, NC?

The rental market is on a slight downswing, and the median cost of Raleigh, NC apartments is $1,396. Depending on the floor plan, tenants can expect to pay: - 1BR : $1,230/month - 2BR : $1,403/month

How much do you need to make to live comfortably in Raleigh, NC?

Raleigh’s cost of living is pretty reasonable, but no matter where you live, it’s best practice not to spend more than 30% of your income on rent. So, to afford a two-bedroom apartment at $1,403 per month, you should earn a yearly salary of $56,124. This is well below the city’s median household income of $78,631.

What’s the best place to live in Raleigh?

There are many great neighborhoods to call home in Raleigh, NC. Some of the best include: – Downtown : One of the most exciting areas in Raleigh, downtown Raleigh, NC apartments are near a bustling mix of boutique restaurants and cafés, especially along Fayetteville Street. – Five Points : Five Points is a safe and affordable neighborhood made up of five subdistricts. Located about five minutes from Main Street, it’s home to Roanoke Park and some of the best Argentinian food you’ve ever tasted. – Stonehenge : If you prefer a slower pace, Stonehenge ’s tree-lined streets and family-friendly vibe might be the perfect fit. It’s also close to Lynn Lake Park, which is great for afternoon strolls.

Start your Raleigh search

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Apartments for Rent in Raleigh, NC

840 rentals available

Trails Corner Apartments
$1,154
804 McMakin Street, Raleigh, NC 27610
(659) 234-2925
Rent Savings
6 units available
2 bed • 3 bed
Amenities
W/D hookup, Hardwood floors, Pet friendly, Cable included, Parking, Playground + more
Pet Friendly
Modern Comfort with Vibrant Raleigh Culture
Discover Trails Corner Apartments in Raleigh, where modern living meets vibrant culture. With inviting neutral color schemes and modern finishes, the homes are both stylish and comfortable. Enjoy popular amenities like an outdoor grilling area, and playgrounds, all in a setting that welcomes both cats and dogs.
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The Grove
$970
3926 Marcom St, Raleigh, NC 27606
(984) 464-8278
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Recently renovated, Pool + more
Renovated Beauty
Charming Spot in Vibrant Raleigh Locale
The Grove in Raleigh boasts newly renovated interiors paired with a vibrant local scene. Positioned below the metro's average cost, this property is a refreshing value for residents. Reviews highlight the professional and attentive management alongside a family-friendly atmosphere filled with conveniences like pools and parks.
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Braxton at Brier Creek
11010 Eastlake Club Drive, Raleigh, NC 27617
(919) 373-6717
$1,296+ moTotal price12-mo lease
Rent Savings
14 units available
1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Luxury meets convenience at Braxton at Brier Creek.
Braxton at Brier Creek offers stylish residences in a fantastic location. Enjoy the convenience of nearby shopping centers, restaurants, and major highways, making commuting a breeze. Plus, residents love the spacious apartments with ample storage and praise the friendly, responsive management.
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Cambridge Apartments
$1,229
6801 Chesterbrook Ct, Raleigh, NC 27615
(984) 342-2131
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Centrally Located Luxury in North Raleigh
Cambridge Apartments offers luxury living in the heart of North Raleigh. Residents enjoy an array of well-maintained amenities like a resort-style pool and state-of-the-art fitness center. The pet-friendly community, allowing both cats and dogs, is praised for its serene atmosphere and responsive management.
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Hamilton Ridge
4901 Tall Timber Drive, Raleigh, NC 27612
(656) 218-4565
$1,053+ moTotal price12-mo lease
Rent Savings
18 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Recently renovated, Stainless steel, Walk in closets + more
Nature Retreat
Serene Living in Raleigh's Crabtree Valley
Hamilton Ridge offers a serene lifestyle surrounded by lush nature and convenient amenities. Situated in Raleigh's desired Crabtree Valley, it provides easy access to shopping, dining, and recreation. With modern designs and a wide range of facilities including a resort-style pool and 24-hour gym, it's perfect for those seeking a tranquil and stylish home experience.
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North City 6
$1,332
6350 Terra Verde Drive, Raleigh, NC 27609
(217) 703-8012
Rent Savings
8 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Recently renovated + more
Exceptional Living
Pet-friendly community with modern amenities in Raleigh.
North City 6 offers a vibrant living experience with modern, upscale interiors and expansive amenities, including a resort-style pool and state-of-the-art fitness center. Conveniently located near prominent shopping, dining, and entertainment, this pet-friendly community is a haven of tranquility and safety. The friendly staff provides attentive service, creating a comfortable and inviting living environment.
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Solis Hills
$1,443
1331 Chester Road, Raleigh, NC 27608
(919) 926-0302
Rent Savings
94 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Dishwasher, Pet friendly + more
Spacious Amenities
Modern apartments in a peaceful, well-connected area.
Experience the tranquility of Solis Hills, nestled in a serene neighborhood yet conveniently located near downtown Raleigh. Enjoy modern living with amenities like a resort-style pool, 24-hour gym, and a refined gaming room. Residents commend the friendly and responsive staff for exceptional service.
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Lofts at North Hills
$1,318
214 Loft Lane, Raleigh, NC 27603
(970) 710-3709
13 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Spacious Comfort
Premier space with fantastic local conveniences.
Lofts at North Hills offers spacious, well-maintained apartments in a serene setting embraced by lush greenery. Positioned advantageously below the metro average, it provides a cost-effective choice for renters. Step outside to find dining and shopping just moments away, ensuring convenience is always at your doorstep. With welcoming management and community events, enjoy a connected, lively community experience.
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View at Lake Lynn
3110 Hidden Pond Drive, Raleigh, NC 27613
(803) 380-8946
$1,099+ moTotal price12-mo lease
Rent Savings
35 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Scenic Amenities
Spacious homes and idyllic natural trails nearby.
View at Lake Lynn offers a peaceful ambiance enriched by natural elements like nearby Lake Lynn and scenic walking trails. Residents enjoy spacious, newly renovated homes with vaulted ceilings, modern appliances, and large balconies perfect for relaxation. With both cats and dogs allowed, including amenities like a dog park and grooming area, pet owners will find it especially welcoming.
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Hudson at Georgia's Landing
101 Decatur Drive, Raleigh, NC 27603
(229) 306-4150
$2,225 moTotal price12-mo lease
Rent Savings
13 units available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Resort Amenities
Luxurious living near Downtown Raleigh.
Hudson at Georgia's Landing offers luxurious living with resort-style amenities like a pool with a lazy river and vibrant game room. Pet lovers will appreciate the dedicated dog park. Conveniently located minutes from Downtown Raleigh and the Farmers Market District, you're at the heart of adventure and comfort.
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Forge at Raleigh Iron Works
$1,271
2221 Iron Works Drive, Raleigh, NC 27604
(586) 991-3579
35 units available
Studio • 1 bed • 2 bed
Amenities
Hardwood floors, Dishwasher, Pet friendly, Stainless steel, 24hr gym, Pool + more
Urban Oasis
Chic design and vibrant Midtown location
Forge at Raleigh Iron Works features a unique industrial design blending modern aesthetics with historical charm. Residents love the barcade, entertainment lounge, and saltwater pool, which provide exciting opportunities for socializing and relaxation. Conveniently located near Midtown and Downtown Raleigh, this community offers easy access to diverse activities and services, while welcoming both cats and dogs.
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Madison Wakefield
$1,246
11100 Madison Elm Lane, Raleigh, NC 27614
(919) 823-5552
Rent Savings
22 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Suburban Serenity
Peaceful suburban retreat with modern amenities.
Madison Wakefield offers a serene suburban experience just outside of Raleigh. Enjoy modern apartments complemented by amenities such as a salt-water pool and fitness center. Located near schools, parks, restaurants, and a Harris Teeter grocery store, convenience is at your doorstep.
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Seasons at Umstead
$1,189
8531 Summersweet Ln, Raleigh, NC 27612
(209) 665-3231
Rent Savings
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Elegant Living
Modern haven close to parks and amenities.
Experience elegance at Seasons at Umstead, located in charming Raleigh. Enjoy modern amenities like granite countertops, a pool, and a gym, with the bonus of easy access to Umstead State Park. Cats and dogs are welcome, ensuring a perfect home for pet lovers.
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The Residences at Glenwood Place
$1,357
3711 Exchange Glenwood Place, Suite 1000, Raleigh, NC 27612
(919) 737-7511
Rent Savings
37 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Google fiber, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Luxurious Living
Convenience and Elegance in Heart of Raleigh
The Residences at Glenwood Place offers superior luxury living at the center of Raleigh's vibrant culture and entertainment scene. Delight in top-notch amenities like a saltwater pool and a state-of-the-art fitness center. Enjoy pet-friendly perks, with both dogs and cats allowed, adding to the inclusive and welcoming atmosphere.
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Affordable Housing - Luxury Apartments at Foxwood
$1,236
6701 Fox Road, Raleigh, NC 27616
(314) 375-4347
Rent Savings
33 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Pet-friendly haven with luxurious amenities in Raleigh.
Foxwood Apartments in Raleigh offer a pet-friendly environment with two dog parks, perfect for furry companions. Enjoy convenient access to shopping, dining, and major highways. Residents love the spacious, modern apartments featuring high-end finishes and responsive management.
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4.0
Centerview at Crossroads
$1,220
1310 Silver Sage Drive, Raleigh, NC 27606
(757) 992-9189
Rent Savings
Top rated for Location
“AC stopped working multiple times in the summer”
34 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Luxury and convenience in one great location.
Centerview at Crossroads in Raleigh offers luxury living with an array of premium amenities. Residents enjoy the convenience of nearby shopping and dining, with easy access to major highways. The apartments are spacious, featuring vaulted ceilings and fireplaces that add charm and coziness.
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The average rent for a 1 bedroom apartment in Raleigh is $1,482+, while the average rent for a 2 bedroom apartment is $1,853+. Rent rates updated 7 days ago

Studio: $1,384+Trending up
1 Bed: $1,482+Trending up
2 Beds: $1,853+Trending up
3+ Beds: $2,135+Trending up

* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods in Raleigh

Downtown Raleigh
View 30 listings
What it’s like to live in Downtown Raleigh
Urban renaissance defines Downtown Raleigh, where North Carolina's capital city continues developing with new residential options alongside historic buildings. Rental choices range from industrial-chic lofts to luxury high-rises with skyline views and rooftop amenities. The walkable district offers exceptional access to government employment, restaurant rows, and multiple entertainment venues, though rental rates exceed Raleigh averages with particular competition for units in the most desirable buildings.
Great for
Young Professionals
Tech Workers
Nightlife Enthusiasts
Commuters
Investors
Neighborhood vibe
Urban
Bustling
Walkable
View 30 listings
Hedingham
View 17 listings
What it’s like to live in Hedingham
Family-friendly recreation defines this enclave circling the Hedingham Golf Club's 18-hole course. Renters appreciate community pools but note sparse public transit options. Aggressive geese patrol lakefront trails April-June.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 17 listings
University Park
View 13 listings
What it’s like to live in University Park
Historic character with academic accessibility defines University Park, where this established Raleigh neighborhood borders NC State University. Rental options include divided bungalows and apartments in smaller buildings throughout this transitional area between campus and downtown. The neighborhood provides walking access to both university facilities and the developing Hillsborough Street corridor, creating an ideal environment for academic households seeking character beyond purely student-focused housing options.
Great for
Families
Retirees
Dog Owners
Outdoor Enthusiasts
Commuters
Neighborhood vibe
Suburban
Green Spaces
Family-Friendly
View 13 listings

Neighborhoods

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Price

Amenities

Property Type

Raleigh Short-term Apartments (106)

Finding Raleigh Apartments for Rent

Raleigh, North Carolina is on the cutting edge of science and technology, partly thanks to its location within the Research Triangle. The tech hub’s proximity to three top universities attracts plenty of students and educators.

But Raleigh isn’t all work and no play — the city boasts multiple attractions and a thriving cultural scene. Residents enjoy wandering through Pullen Park or biking around William B. Umstead State Park. And after working up an appetite, folks can head to the Morgan Street Food Hall for some delicious global cuisine.

With so much going on, it’s no wonder that housing for rent in Raleigh, NC is in high demand. Thankfully, Apartment List makes it easy to search for apartments in Raleigh, NC.

Download the app from Google Play or the App Store, then complete the Renter Quiz. Our powerful AI platform will curate a list of Raleigh apartments customized to your needs. Sort by budget, amenities, and neighborhood to locate the perfect apartments for rent in Raleigh, NC. Once you find your favorites, schedule tours and talk to landlords directly within the app.

Frequently Asked Questions (FAQs)

The rental market is on a slight downswing, and the median cost of Raleigh, NC apartments is $1,396. Depending on the floor plan, tenants can expect to pay:
- - 1BR: $1,230/month
- - 2BR: $1,403/month
There are many great neighborhoods to call home in Raleigh, NC. Some of the best include:
- – Downtown: One of the most exciting areas in Raleigh, downtown Raleigh, NC apartments are near a bustling mix of boutique restaurants and cafés, especially along Fayetteville Street.
- – Five Points: Five Points is a safe and affordable neighborhood made up of five subdistricts. Located about five minutes from Main Street, it’s home to Roanoke Park and some of the best Argentinian food you’ve ever tasted.
- – Stonehenge: If you prefer a slower pace, Stonehenge’s tree-lined streets and family-friendly vibe might be the perfect fit. It’s also close to Lynn Lake Park, which is great for afternoon strolls.

Apartments for Rent in Raleigh, NC

Trails Corner Apartments

The Grove

Braxton at Brier Creek

Cambridge Apartments

Hamilton Ridge

North City 6

Solis Hills

Lofts at North Hills

View at Lake Lynn

Hudson at Georgia's Landing

Forge at Raleigh Iron Works

Madison Wakefield

Seasons at Umstead

The Residences at Glenwood Place

Affordable Housing - Luxury Apartments at Foxwood

Centerview at Crossroads

Average rent in Raleigh, North Carolina

Top neighborhoods in Raleigh

Downtown Raleigh

What it’s like to live in Downtown Raleigh

Great for

Neighborhood vibe

Hedingham

What it’s like to live in Hedingham

Great for

Neighborhood vibe

University Park

What it’s like to live in University Park

Great for

Neighborhood vibe

More Rental Options

Finding Raleigh Apartments for Rent

Frequently Asked Questions (FAQs)

Are housing prices going down in Raleigh, NC?

How much do you need to make to live comfortably in Raleigh, NC?

What’s the best place to live in Raleigh?