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

848 rentals available

707 Daniels Street unit: A
$1,095
707 Daniels Street, Raleigh, NC 27605
(919) 783-1855
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Parking, Recently renovated, Stainless steel, Ceiling fan + more
Recently updated units
619 Hinsdale Street
Ask for price
619 Hinsdale Street, Raleigh, NC 27605
(919) 828-0077
Contact for Availability
Amenities
In unit laundry, Granite counters, Dishwasher, Parking, Recently renovated, Stainless steel + more
2106 Tudor Place
Ask for price
2106 Tudor Place, Raleigh, NC 27610
(404) 502-7535
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Recently renovated, Microwave + more
1817 Thorpshire Drive
Ask for price
1817 Thorpshire Drive, Raleigh, NC 27615
(888) 919-2008
Contact for Availability
Amenities
Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel, Microwave + more
5105 Powell Townes Way
Ask for price
5105 Powell Townes Way, Raleigh, NC 27606
(919) 349-1660
Contact for Availability
Amenities
Patio / balcony, Dishwasher, Parking, Stainless steel, Garbage disposal, and Refrigerator
3713 Landshire View Lane
Ask for price
3713 Landshire View Lane, Raleigh, NC 27616
(919) 697-5141
Contact for Availability
Amenities
Patio / balcony, Granite counters, Dishwasher, Garage, Stainless steel, Walk in closets + more
808 Edmund Street unit: B
$1,595
808 Edmund Street, Raleigh, NC 27604
(919) 795-5888
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Ceiling fan, Ice maker + more
Recently updated units
8521 Silhouette Place
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8521 Silhouette Place, Raleigh, NC 27613
(919) 247-6828
Contact for Availability
Amenities
W/D hookup, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Parking + more
5036 Flint Ridge Place
Ask for price
5036 Flint Ridge Place, Raleigh, NC 27609
(919) 493-7633 ext. 101
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Parking, Stainless steel + more
9244 Palm Bay Circle
$3,350
9244 Palm Bay Circle, Raleigh, NC 27617
(919) 459-6313
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Garage, Walk in closets + more
Tranquil Oasis
Peaceful and serene home near major conveniences.
Nestled in Raleigh’s Brier Creek Country Club, this beautiful brick-front home offers a tranquil living experience, praised for its well-maintained surroundings and safety. The spacious interior includes a gourmet kitchen and luxurious master suite, complemented by a large, fenced backyard perfect for relaxation. Commuting is a breeze with easy access to major highways, shopping centers, and the airport.
Recently updated units
9913 Layla Avenue
Ask for price
9913 Layla Avenue, Raleigh, NC 27617
(919) 696-5234
Contact for Availability
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Garage, Walk in closets, Pool + more
LP1 Research - #454
$1,250
1130 Schaub Drive, Raleigh, NC 27606
(919) 971-0346
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Parking, Recently renovated, Walk in closets + more
Recently updated units
909 E Davie Street unit: 10
Ask for price
909 East Davie Street, Raleigh, NC 27601
(919) 459-6346
Contact for Availability
Amenities
In unit laundry, Dishwasher, Parking, Air conditioning, Microwave, Garbage disposal + more
108-201 Northbrook Drive
Ask for price
108 Northbrook Drive, Raleigh, NC 27609
(919) 649-3956
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Garage, Recently renovated + more
9103 Triana Market Walk
Ask for price
9103 Triana Market Walk, Raleigh, NC 27617
(919) 500-0858
Contact for Availability
Amenities
Patio / balcony, Granite counters, Garage, Stainless steel, Pool, Guest suite + more
3205 Sedgefield Pines Lane
Ask for price
3205 Sedgefield Pines Lane, Raleigh, NC 27604
(919) 896-4699
Contact for Availability
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Garage + more

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 32 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 32 listings
Hedingham
View 18 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 18 listings
Cameron Village
View 17 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 17 listings

Neighborhoods

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More Rental Options

Bedrooms

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

707 Daniels Street unit: A

619 Hinsdale Street

2106 Tudor Place

1817 Thorpshire Drive

5105 Powell Townes Way

3713 Landshire View Lane

808 Edmund Street unit: B

8521 Silhouette Place

5036 Flint Ridge Place

9244 Palm Bay Circle

9913 Layla Avenue

LP1 Research - #454

909 E Davie Street unit: 10

108-201 Northbrook Drive

9103 Triana Market Walk

3205 Sedgefield Pines Lane

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?