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.

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Apartments for Rent in Raleigh, NC

845 rentals available

Laurel Oaks
$1,063
3111-101 Long Meadow Court, Raleigh, NC 27613
(919) 504-5310
11 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Scenic Community
Convenient Raleigh location with pet-friendly amenities.
Laurel Oaks in Raleigh provides a scenic retreat with numerous amenities including cozy fireplaces and sunrooms perfect for relaxation. Pets will feel at home here with both a dog park and various pet allowances. North Raleigh's vibrant dining, shopping, and entertainment spots are within easy reach, offering residents great value.
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Sommerset Place Apartments
$995
6717 Six Forks Road, Raleigh, NC 27615
(919) 289-8481
20 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Peaceful Serenity
Charming serenity in lush Raleigh setting.
Sommerset Place Apartments offers a peaceful retreat in Raleigh, where serene tree-lined streets meet modern living. With a classic style, residents enjoy a sense of tranquility, complemented by easy access to North Hills and Downtown Raleigh for endless entertainment options. Cats and dogs are welcome, adding to the community feel.
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Ashley Park in Brier Creek
$1,217
10300 Pine Lakes Court, Raleigh, NC 27617
(936) 241-7707
27 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Prime Locale
Prestigious Raleigh community with fantastic amenities.
Discover comfort at Ashley Park in vibrant Brier Creek, Raleigh. Residents praise the spacious apartments with large sunrooms and patios. Enjoy quick access to nearby shopping and dining, paired with resort-style amenities like a pool and fitness center. For pet lovers, cats and dogs are welcome!
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4.0
Shellbrook
$1,425
910 Shellbrook Court, Raleigh, NC 27609
(919) 289-8495
Rent Savings
Top rated for Location
“Things not liked there is no storage. Could use more bathroom fixtures. Could use some more closets.other than that it’s a nice place to live .”
10 units available
1 bed • 2 bed
Amenities
W/D hookup, Putting green, Patio / balcony, Dishwasher, Pet friendly, Walk in closets + more
Midtown Gem
Cost-effective living with vibrant local amenities.
Shellbrook Apartments in Raleigh offers the perfect balance of city living and community comfort. Located in Midtown, it's just minutes away from vibrant dining and shopping scenes at North Hills and Crabtree Valley Mall. Enjoy scenic walking trails, a stocked lake, and pet-friendly amenities like a dog park and wash station. Residents rave about the friendly staff, creating a welcoming environment for all.
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Fairgate Apartments
$1,715
8924 Langwood Drive, Raleigh, NC 27613
(919) 336-1837
Rent Savings
3 units available
2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
Southern Charm
Raleigh's serene living with classic style.
Fairgate Apartments offers the epitome of southern charm in Raleigh. Residents love the peaceful environment and commend the maintenance team's responsiveness. Located conveniently close to shopping and dining, you'll enjoy modern comforts with historic appeal.
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5.0
Quail Ridge Apartments
$1,249
1401 East Millbrook Road, Raleigh, NC 27609
(919) 752-3044
Rent Savings
Top rated for Location
“Very courteous staff, excellent amenities, courteous and knowledgeable maintenance.”
8 units available
2 bed • 3 bed
Amenities
On-site laundry, Patio / balcony, Dishwasher, Pet friendly, Gym, Pool + more
Nature Oasis
Prime Raleigh location with delightful amenities.
Quail Ridge Apartments offers a unique living experience nestled within mature landscapes in North Raleigh. This community is ideal for those seeking convenience with nearby shopping, dining, and entertainment. Enjoy the well-maintained grounds, complete with a playground and gym, perfect for a vibrant lifestyle.
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Montecito West
$1,125
1313 Hardimont Road, Raleigh, NC 27609
(919) 335-4005
Rent Savings
12 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Recently renovated, Gym, Tennis court + more
Pet Haven
Perfect blend of comfort and community.
Montecito West offers a fantastic location with great community amenities in the heart of Raleigh. Residents love being within walkable distance to parks, grocery stores, and various dining options. The property boasts ideal conveniences for pet owners, featuring a dog park and pet-friendly spaces.
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Mayfaire Apartments
$1,320
7813 Mayfaire Crest Lane, Raleigh, NC 27615
(919) 336-0301
Rent Savings
7 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Recently renovated, Stainless steel + more
Perfect Locale
Convenient Raleigh living steps from dining and shops.
Discover Mayfaire Apartments where modern renovations meet perfect location. Situated in North Raleigh, enjoy walkable access to shopping and renowned dining like Gonza Tacos y Tequila. With both dogs and cats allowed, it's truly a welcoming home for pet owners.
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Hunting Ridge
$1,175
1019 Fox Hunt Lane, Raleigh, NC 27615
(919) 694-6611
Rent Savings
7 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Recently renovated, Stainless steel, Walk in closets + more
Ideal Location
Convenient Raleigh living with modern flair.
Discover the perfect blend of style and accessibility at Hunting Ridge Apartments. Located in North Raleigh, you are minutes from Lafayette Village, Piper's Tavern, and Lifetime Fitness. Enjoy luxurious amenities like stainless steel appliances and spacious layouts, alongside the leisure of a well-maintained saltwater pool and fitness center.
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Wedgwood
$1,049
740 Smallwood Drive, Raleigh, NC 27605
(706) 204-5982
43 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Hardwood floors, Cats allowed, Parking, Recently renovated, Gym + more
Historic Charm
Classic elegance near top Raleigh attractions.
Experience historic charm at Wedgwood Apartments paired with modern comfort in a prime Raleigh location. Nestled near the vibrant Village District Shopping Center and the educational hub of NC State University, these apartments boast hardwood floors, high ceilings, and renovated amenities. Residents enjoy a welcoming community atmosphere with outdoor grills and a business center for convenience.
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Shamrock
$1,499
740 Smallwood Dr #17, Raleigh, NC 27605
(919) 646-5856
1 unit available
2 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, Walk in closets + more
Prime Location
Pet-friendly haven near downtown and universities
Discover Shamrock Apartments, a delightful community offering a vibrant living experience near the heart of Raleigh. With its unbeatable location close to Village District Shopping Center, dining establishments, and downtown, convenience is at your doorstep. Enjoy spacious units that allow both cats and dogs, complemented by extra storage and inviting courtyards. Residents speak highly of the friendly and responsive management team, enhancing a welcoming community atmosphere.
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Tryon Village
$1,006
2421 Fairway Drive, Raleigh, NC 27603
(919) 355-3071
Rent Savings
9 units available
1 bed • 2 bed
Amenities
W/D hookup, Dishwasher, Pet friendly, 24hr maintenance, Dog park, Ceiling fan + more
Pet Paradise
Cost-effective living near downtown Raleigh and major roads.
Tryon Village offers a serene escape with easy access to downtown Raleigh, providing a cost-effective living option below metro average prices. With a vibrant location near Garner Station Boulevard, enjoy dining, shopping, and entertainment nearby. Residents appreciate the responsive management team and spacious layouts, making it an inviting home for all.
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Moses Court
$1,150
900 Moses Court, Raleigh, NC 27604
(252) 888-2643
2 units available
1 bed • 2 bed
Amenities
On-site laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Charming haven near parks and transit
Moses Court stands as a delightful residence for pet lovers, offering an inviting environment with both cats and dogs welcome. Its location in Raleigh affords easy access to local parks, perfect for outdoor enthusiasts and their furry companions. Residents highlight the small, close-knit community vibe and celebrate the attentive, familial property staff.
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Berkshire Village District
$1,288
2128 Clark Ave, Raleigh, NC 27605
(620) 337-3661
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
Granite counters, Pet friendly, Garage, Stainless steel, Walk in closets, Gym + more
Prime Location
Exceptional access to dining and retail delights.
Berkshire Village District is ideally positioned for urban convenience. With easy walking access to a variety of restaurants, coffee shops, and grocery stores, daily errands become a delight. Residents enjoy sophisticated living with features like granite countertops and stainless steel appliances. The pet-friendly community boasts standout amenities, including a saltwater pool and a fitness center.
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Clarion Crossing
$992
1141 Crab Orchard Drive, Raleigh, NC 27606
(984) 207-3387
Rent Savings
19 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Recently renovated, Walk in closets, 24hr gym + more
Convenient Lifestyle
Luxurious living minutes from NC State University.
Clarion Crossing offers a vibrant lifestyle with easy access to North Carolina State University and downtown Raleigh's entertainment. Spacious, renovated apartments with in-unit laundry, a refreshing pool, and serene natural views make it a resident favorite. With a host of amenities and proximity to local parks and transportation, experience convenience and comfort like never before.
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Bexley at Brier Creek
$1,244
8230 Stonebrook Terrace, Raleigh, NC 27617
(385) 442-9666
13 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Prime Convenience
Ideal spot with easy shopping and dining access.
Bexley at Brier Creek radiates with prime convenience in Raleigh. Just minutes from top shopping and dining at Brier Creek Commons, it offers seamless access to major arteries for easy commuting. With both cats and dogs welcomed, it's a pet-friendly oasis featuring spacious apartments and impeccable management.
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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 4 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 31 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 31 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
Cameron Village
View 16 listings
What it’s like to live in Cameron Village
Strategic positioning near both downtown Raleigh employment and North Carolina State University makes Cameron Village ideal for professionals and academics seeking convenience without campus congestion. The neighborhood surrounds Raleigh's first shopping center, now transformed into a vibrant mixed-use district with restaurants, boutiques, and everyday amenities within walking distance of most rentals. Most apartments feature contemporary finishes with generous floor plans unusual for similarly central locations in comparable Southeastern cities experiencing rapid growth. For renters seeking sophisticated environments without downtown premium pricing, Cameron Village delivers Raleigh's compelling combination of walkable amenities, urban accessibility, and relative affordability increasingly difficult to secure within reasonable distance to downtown employment centers creating practical alternatives for households seeking balanced urban environments without extreme financial compromises increasingly necessary throughout rapidly appreciating Southeastern metropolitan regions requiring value-focused alternatives beyond purely central or purely peripheral location considerations affecting comprehensive quality-of-life calculations
Great for
Families
Retirees
Dog Owners
Outdoor Enthusiasts
Commuters
Neighborhood vibe
Suburban
Residential
Family-Oriented
View 16 listings

Neighborhoods

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Price

Amenities

Property Type

Raleigh Short-term Apartments (108)

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

Laurel Oaks

Sommerset Place Apartments

Ashley Park in Brier Creek

Shellbrook

Fairgate Apartments

Quail Ridge Apartments

Montecito West

Mayfaire Apartments

Hunting Ridge

Wedgwood

Shamrock

Tryon Village

Moses Court

Berkshire Village District

Clarion Crossing

Bexley at Brier Creek

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

Cameron Village

What it’s like to live in Cameron Village

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?