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

1309 Ujamaa Drive
$2,100
1309 Ujamaa Drive, Raleigh, NC 27610
(919) 307-5843
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Garage, Recently renovated + more
Stylish Retreat
Charming home with convenient location and deluxe features
Nestled in Raleigh, this stunning 4-bedroom residence offers comfort and style with standout features like an upgraded master bath complete with an oversized jacuzzi tub and a standing shower with jets. Residents appreciate the spacious layout and bonus room, along with easy access to downtown Raleigh and major highways, making commuting a breeze. Recreational opportunities abound with nearby parks featuring pools and tennis courts, ideal for an active lifestyle.
Recently updated units
801 Moratuck Drive
$2,400
801 Moratuck Drive, Raleigh, NC 27604
(919) 880-5268
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Recently renovated, Stainless steel + more
Urban Convenience
Central Raleigh location with modern amenities.
801 Moratuck Drive offers a fantastic blend of location and luxury. Situated in the heart of Raleigh, this condo is close to popular spots like Trader Joe's and the vibrant Midtown East shopping area. Featuring a beautifully updated kitchen, secure entry, and spacious interiors, residents can enjoy modern living at its finest. Cats are welcome, adding to the property's inviting atmosphere.
Recently updated units
9628 Clubvalley Way
$5,895
9628 Clubvalley Way, Raleigh, NC 27617
(949) 278-5193
1 unit available
7 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Dogs allowed + more
Recently updated units
3030 Barrymore Street
$1,590
3030 Barrymore Street, Raleigh, NC 27603
(234) 525-9846
1 unit available
2 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Parking, and Recently renovated
Recently updated units
10483 Dapping Drive
$2,100
10483 Dapping Drive, Raleigh, NC 27614
(919) 812-1973
1 unit available
3 bed
Amenities
Pet friendly and Garage
Recently updated units
1064 Nichols Dr
$1,595
1064 Nichols Drive, Raleigh, NC 27605
(919) 809-6065
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Parking, Recently renovated + more
Recently updated units
4105 Scofield Dr
$1,595
4105 Scofield Drive, Raleigh, NC 27610
(919) 809-6065
1 unit available
3 bed
Amenities
Patio / balcony, Hardwood floors, Garage, Stainless steel, Walk in closets, and Ceiling fan
Recently updated units
8508 Neuse Garden Dr
$1,795
8508 Neuse Garden Drive, Raleigh, NC 27616
(919) 809-6065
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Garage, Walk in closets, Fireplace, and Bathtub
Recently updated units
8641 Neuse Club Ln Apt 108
$1,696
8641 Neuse Club Lane, Raleigh, NC 27616
(919) 232-9222
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Parking, Recently renovated, Walk in closets + more
Community Spirit
Charming shared home with pet-friendly amenities
This room in a 3-bedroom townhome at Neuse Club Lane offers a welcoming community atmosphere. Residents cherish the pet-friendly environment, perfect for walking dogs and enjoying nearby parks. The townhome's prime location ensures access to shopping and dining, enriching daily living experiences.
Recently updated units
1422 Scales St Apt D
$1,425
1422 Scales Street, Raleigh, NC 27608
(919) 232-9222
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Recently renovated + more
Recently updated units
2041 Persimmon Ridge Dr
$1,495
2041 Persimmon Ridge Drive, Raleigh, NC 27604
(919) 232-9222
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Gym + more
Recently updated units
3504 E Jameson Rd
$1,975
3504 East Jameson Road, Raleigh, NC 27604
(888) 919-2008
1 unit available
3 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Pool, Air conditioning + more
Recently updated units
5401 Opal Falls Cir
$2,295
5401 Opal Falls Circle, Raleigh, NC 27616
(919) 878-7474 ext. 207
1 unit available
4 bed
Amenities
Hardwood floors, Recently renovated, Walk in closets, Fireplace, Extra storage, and Bathtub
Recently updated units
Room in 2 Bedroom Home at Acc Blvd
$1,250
7558 ACC Boulevard, Raleigh, NC 27617
(919) 750-8278
1 unit available
1 bed
Amenities
On-site laundry, Recently renovated, Some paid utils, Internet access, and Furnished
Recently updated units
Gorgeous End Unit 3BD, 2.5BA Raleigh Townhome in a Prime Location Near Triangle Town Center, Poyner Place, and I-540
$1,895
5951 Four Townes Lane, Raleigh, NC 27616
(919) 518-9800
1 unit available
3 bed
Amenities
W/D hookup, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Recently updated units
Charming 3-Bed Home in Prime Swim/Golf Community
$1,895
1609 Crag Burn Lane, Raleigh, NC 27604
(919) 374-0655
1 unit available
3 bed
Amenities
Patio / balcony, Hardwood floors, Pet friendly, Pool, Ceiling fan, and Fireplace
Recently updated units

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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Bedrooms

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

1309 Ujamaa Drive

801 Moratuck Drive

9628 Clubvalley Way

3030 Barrymore Street

10483 Dapping Drive

1064 Nichols Dr

4105 Scofield Dr

8508 Neuse Garden Dr

8641 Neuse Club Ln Apt 108

1422 Scales St Apt D

2041 Persimmon Ridge Dr

3504 E Jameson Rd

5401 Opal Falls Cir

Room in 2 Bedroom Home at Acc Blvd

Gorgeous End Unit 3BD, 2.5BA Raleigh Townhome in a Prime Location Near Triangle Town Center, Poyner Place, and I-540

Charming 3-Bed Home in Prime Swim/Golf Community

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?