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

How many bedrooms do you need?

Apartments for Rent in Raleigh, NC

845 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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4.0
Sumter Square
$1,125
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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5.0
Northridge Crossings
$999
2901 Calliope Way, Raleigh, NC 27616
(919) 766-2761
Top rated for Location
“I absolutely loved living at Northcrossing the manager and maintenance guys wore very nice and professional kept the place very nice and clean. I highly recommend living here .”
10 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Recently renovated, Gym + more
Serene Sanctuary
Green retreat with city conveniences nearby.
Northridge Crossings offers a serene retreat amidst Raleigh’s bustling life. Nestled on 39 acres of lush greenery, it's a sanctuary with modern amenities, including a gym, a pool, and newly renovated apartments. Conveniently located near Triangle Town Center, this property makes city life accessible and enjoyable.
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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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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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Shamrock
$989
740 Smallwood Dr #17, Raleigh, NC 27605
(919) 646-5856
36 units available
Studio • 1 bed • 2 bed
Amenities
On-site laundry, Pet friendly, 24hr maintenance, Parking, Walk in closets, Gym + 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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4.0
Shellbrook
$1,425
910 Shellbrook Court, Raleigh, NC 27609
(919) 289-8495
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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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
$1,268
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
14 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
$1,115
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
$1,745+ moTotal price12-mo lease
Rent Savings
senior
7 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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Leigh House
2421 Landmark Dr, Raleigh, NC 27607
(919) 336-0140
$1,185+ moTotal price12-mo lease
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Upscale, vibrant location with modern amenities.
Leigh House in Raleigh offers luxury at every turn with its vibrant, modern environment. The property boasts a wealth of amenities such as a sparkling swimming pool, gym, and gorgeous outdoor spaces. Residents benefit from walkable access to grocery stores, restaurants, and parks, alongside excellent transport links for seamless commuting.
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Alister Lake Lynn
6421 Campus Drive, Raleigh, NC 27613
(919) 887-7414
$1,103+ moTotal price12-mo lease
Rent Savings
31 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Renovated Comfort
Spacious living with modern amenities in Raleigh.
Alister Lake Lynn offers beautifully renovated 1-, 2-, and 3-bedroom apartments in Raleigh, complete with energy-efficient appliances and stylish interiors. Residents love the pet-friendly community with dedicated pet amenities and nearby trails. Enjoy the well-maintained resort-style pool and 24-hour fitness center for a vibrant lifestyle.
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L Apartments
$1,225
205 W Davie St, Raleigh, NC 27601
(256) 530-8436
8 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Downtown Living
Prime location with modern design and amenities.
Located in Downtown Raleigh, L Apartments provide an ideal setting for vibrant urban living. Residents love the easy access to restaurants, parks, and entertainment venues. Offering sleek granite countertops and hardwood floors, each apartment is elegantly designed. The property boasts fantastic amenities like a rooftop terrace and a 24-hour fitness studio.
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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 4 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
University Park
View 11 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 11 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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Price

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

Montecito West

Sumter Square

Northridge Crossings

Hunting Ridge

Mayfaire Apartments

Quail Ridge Apartments

Shamrock

Shellbrook

Moses Court

Berkshire Village District

Bexley at Brier Creek

Lake Johnson Mews

Overture Centennial 55+ Active Adult Apartment Homes

Leigh House

Alister Lake Lynn

L Apartments

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

University Park

What it’s like to live in University Park

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?