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

830 rentals available

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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Green Meadows
$1,095
4219 Brockton Drive, Raleigh, NC 27604
(859) 654-0663
4 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Walk in closets, Pool, Air conditioning + more
Serene Lifestyle
Quiet charm with modern amenities in Raleigh.
Green Meadows offers a serene lifestyle with lush, well-maintained grounds and a friendly atmosphere. Residents enjoy spacious apartments with private patios or balconies, perfect for relaxation. Conveniently located near major highways, shopping, and entertainment, the community ensures easy access to all Raleigh has to offer. Pet-friendly and featuring amenities like a pool and playground, it's a delightful home for pet owners and families.
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Mayfaire Apartments
$1,320
7813 Mayfaire Crest Lane, Raleigh, NC 27615
(919) 336-0301
Rent Savings
8 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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5.0
Quail Ridge Apartments
$995
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.”
10 units available
1 bed • 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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Fairgate Apartments
$1,715
8924 Langwood Drive, Raleigh, NC 27613
(919) 336-1837
Rent Savings
4 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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4.0
Sumter Square
$980
613 Charleston Road, Raleigh, NC 27606
(850) 204-4942
Top rated for Amenities
“Overall Sumter apts. are a good place live”
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Walk in closets, Gym + more
Convenient Access
Unmatched access to Raleigh and Cary hotspots.
Sumter Square offers an excellent blend of location and amenities. Situated between Raleigh and Cary, it provides convenient access to shopping centers, universities, and scenic parks. The property stands out with a comprehensive range of facilities including pools, a gym, and a dedicated dog park.
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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
$1,266
2128 Clark Ave, Raleigh, NC 27605
(620) 337-3661
Rent Savings
16 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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Bexley at Brier Creek
$1,229
8230 Stonebrook Terrace, Raleigh, NC 27617
(385) 442-9666
15 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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Lake Johnson Mews
$1,111
4233 Avent Ferry Road, Raleigh, NC 27606
(919) 583-6917
Rent Savings
12 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Lakeside Living
Idyllic lakefront setting near vibrant community life.
Lake Johnson Mews offers lakeside living with stunning views and easy access to nature. Residents enjoy renovated apartments, fantastic on-site amenities, and a welcoming community. Dogs, cats, and other pets are welcome, making it a great choice for pet lovers.
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Overture Centennial 55+ Active Adult Apartment Homes
600 Bilyeu Street, Raleigh, NC 27606
(919) 944-8450
$1,765+ moTotal price12-mo lease
Rent Savings
senior
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Resort Amenities
Resort-style living in a vibrant community setting.
Experience the charm and allure of Overture Centennial, designed for a vibrant 55+ active adult lifestyle. Enjoy beautifully crafted residences and resort-inspired amenities such as a pool, gym, and clubhouse, all within close proximity to parks and upscale restaurants. Residents speak highly of the modern apartments and responsive management, creating a welcoming and well-maintained environment.
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Walnut Creek Apartments
$1,099
700 Ryan Court, Raleigh, NC 27606
(984) 283-5738
18 units available
2 bed • 4 bed
Amenities
W/D hookup, Pet friendly, 24hr maintenance, Dog park, Air conditioning, Playground + more
Pet Paradise
Welcoming Community with Modern Comforts
Discover Walnut Creek Apartments, where modern amenities meet a serene environment. Enjoy spacious apartments featuring upgraded interiors and convenient washer/dryer connections. Residents rave about the community's pet-friendly atmosphere for both cats and dogs, complemented by a dog park. Unwind with a playground and sports court perfect for relaxation and recreation.
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Porchlight Brier Creek
$2,532
2751 Page Road, Raleigh, NC 27617
(239) 288-0235
Rent Savings
14 units available
3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Stainless steel + more
Modern Comfort
Elegant townhome living in Raleigh's Brier Creek.
Discover Porchlight Brier Creek, an oasis of modern living. Renters love the stylish and well-appointed townhomes, featuring high-end finishes like stainless steel appliances and 9-foot ceilings. With abundant green spaces and walking trails, the community offers an inviting environment for both residents and their pets, with convenient access to nearby highways for easy commuting.
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3 bd 2.5 ba House
$1,795
4201 Beacon Crest Way, Raleigh, NC 27604
(984) 367-4338
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel, and Range
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Modern Apartment minutes from Downtown Raleigh
$1,197
704 McMakin Street, Raleigh, NC 27610
(984) 224-6193
1 unit available
2 bed
Amenities
Granite counters, Dishwasher, Pet friendly, Stainless steel, Key fob access, Microwave + more
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The average rent for a 1 bedroom apartment in Raleigh is $1,480+, while the average rent for a 2 bedroom apartment is $1,843+. Rent rates updated 7 days ago

Studio: $1,365+Trending down
1 Bed: $1,480+Trending down
2 Beds: $1,843+Trending down
3+ Beds: $2,095+Trending down

* 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
Brier Creek Country Club
View 10 listings
What it’s like to live in Brier Creek Country Club
Golf course prestige defines Brier Creek, where Raleigh's northwestern master-planned community surrounds the Arnold Palmer signature course with controlled architectural standards. Most rental properties include premium features from hardwood floors to covered patios reflecting the community's upscale positioning beyond purely location advantages. Though requiring vehicle ownership for most daily needs, many residents find the extensive trail systems, maintained landscapes, and resort-style recreation facilities worth this minor inconvenience compared to more urban environments with limited outdoor amenities. The neighborhood provides strategic positioning between RTP employment centers and Durham cultural amenities, creating practical advantages beyond purely aesthetic considerations for technology professionals seeking balanced environments without excessive commuting requirements to either area.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 10 listings

Neighborhoods

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Amenities

Property Type

Raleigh Short-term Apartments (110)

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

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

Brier Creek Country Club

What it’s like to live in Brier Creek Country Club

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?