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

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Apartments for Rent in Raleigh, NC

840 rentals available

BlueStone Apartments
$1,295
6319 Fox Road, Raleigh, NC 27616
(984) 214-8463
7 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Pet friendly, Parking, Stainless steel + more
Recently updated units
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Chamberlain Road Apartments
$1,550
300 Chamberlain Rd, Raleigh, NC 27607
(336) 276-0232
1 unit available
2 bed
Amenities
W/D hookup, Hardwood floors, Pet friendly, Parking, Air conditioning, E-payments + more
Luxury Location
Prime spot with upscale design and modern features.
Chamberlain Road Apartments are praised for their prime location, offering easy access to nearby restaurants, shops, and schools. Residents enjoy the spacious, upscale apartments that are equipped with modern appliances. Cats and dogs are welcome, adding to the appeal for pet owners.
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Allister North Hills
$1,459
430 Allister Dr, Raleigh, NC 27609
(812) 591-5535
Rent Savings
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Lush Living
Live amid lush landscapes in Midtown Raleigh.
Discover Allister North Hills, where classic garden-style architecture blends seamlessly with modern, high-end features. Just a short walk away, experience the excitement of the nearby North Hills shopping district. This property goes above and beyond with lavish amenities such as two saltwater pools, a well-equipped gym, and a state-of-the-art movie room. Pet owners will particularly enjoy the dog-friendly environment, complete with a grooming station and dog park.
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The Ashton Apartments
$1,099
8224 Green Lantern Street, Raleigh, NC 27613
(919) 246-5473
Rent Savings
33 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Oasis
Luxury living with pet-friendly amenities in Raleigh
The Ashton Apartments in Raleigh offer luxurious living with pet-friendly perks, including a dog park and resort-style pool. Positioned for convenience, it's close to parks, schools, and entertainment venues, enhancing your lifestyle with ample activities nearby. Residents praise the 24/7 fitness center and efficient maintenance, making it a popular choice for those who enjoy comfort and ease.
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5.0
Link Apartments Glenwood South
$1,165
202 North West Street, Raleigh, NC 27603
(919) 249-7284
Rent Savings
Top rated for Location
“great staff, effective tour”
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Urban Oasis
Luxury amenities in a vibrant downtown location.
Link Apartments Glenwood South offers a vibrant downtown Raleigh lifestyle with luxury amenities. Enjoy modern designs with ample natural light and pet-friendly policies, including an on-site dog park. Residents appreciate the prime location with easy access to shopping, dining, and public transportation.
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Dakota
$1,242
1201 Pine Haven Drive, Raleigh, NC 27604
(385) 257-3236
21 units available
1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Nest technology, Patio / balcony, Granite counters, Hardwood floors + more
Luxurious Living
Modern comfort in prime Raleigh location.
The Dakota offers a vibrant lifestyle with premium amenities in the heart of Raleigh. Residents enjoy modern apartments with stainless steel appliances, spacious closets, and a 24-hour fitness center. Its proximity to major attractions like Cameron Village and the PNC Arena enhances the living experience. Both dogs and cats are welcome, making it a complete home for pet lovers.
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5.0
Concord Apartments
$1,174
3920 Knickerbocker Parkway, Raleigh, NC 27612
(919) 752-3327
Top rated for Location
“Highly Recommend I've been living at Concord, and I can confidently say it's one of the best decisions I've made. From the moment I moved in, I felt right at home thanks to the friendly and helpful management team. The apartments are modern, well-maintained, and spacious, with high-quality finishes that make the place feel both stylish and comfortable. The community amenities are top-notch—I've particularly enjoyed the [mention specific amenities, e.g., pool, fitness center, or community events], which make it easy to relax and stay active without leaving the property. The location is fantastic, with convenient access to [mention nearby attractions, such as grocery stores, restaurants, parks, or public transportation]. Whether I'm running errands or just enjoying a day out, everything I need is close by. One of the best parts about living here is the sense of community. The neighbors are respectful and friendly, and the property is always clean and quiet, which has made for a peaceful living environment. Maintenance requests are handled promptly, and any issues I've had were resolved quickly and professionally. Overall, [Apartment Complex Name] has exceeded my expectations. It's a great place to call home, and I would highly recommend it to anyone looking for a comfortable and convenient living experience. Five stars!”
17 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Convenient Location
Spacious apartments near Raleigh's scenic attractions.
Concord Apartments offers a serene and comfortable community atmosphere in Raleigh. Residents love the spacious interiors with large bedrooms and extensive outdoor spaces. Cats and dogs are welcome, enhancing the family's warmth. The property is strategically located near Raleigh's bustling city center and scenic trails to Umstead Park.
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Laurel Oaks
$1,071
3111-101 Long Meadow Court, Raleigh, NC 27613
(919) 504-5310
Rent Savings
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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Mariners Crossing
5723 Magellan Way, Raleigh, NC 27612
(904) 567-3901
$1,199+ moTotal price12-mo lease
Rent Savings
25 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Resort Lifestyle
Luxury living minutes from downtown Raleigh.
Mariners Crossing offers a resort-like lifestyle with top-tier amenities, including a pool, a 24-hour gym, and a dog park. Located just minutes from vibrant downtown Raleigh, numerous parks, and shopping centers, you can enjoy the best of city life and serene living. Residents love the spacious, modern apartments and appreciate the efficient services of the attentive maintenance team.
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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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Affordable Housing - Litchford 315 Apartments
$1,092
6320 Dowd Forest Drive, Raleigh, NC 27615
(919) 568-5719
Rent Savings
24 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Amenities
Luxury living with fantastic amenities in North Raleigh.
Litchford 315 Apartments in North Raleigh offer a lifestyle of luxury and convenience. Residents enjoy spacious, modern amenities including a resort-style pool, 24-hour gym, and inviting game lounge. Dogs and cats are welcome, and a dog park is on-site for furry residents.
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Junction Six Forks
110 Talisman Way, Raleigh, NC 27615
(919) 229-4966
$1,291+ moTotal price12-mo lease
24 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Convenient Raleigh Living with Top-Notch Amenities
Junction Six Forks in Raleigh offers excellent living with modern apartments and unmatched amenities. Enjoy the vibrant community atmosphere with a yoga studio, pool, and dog park. The location provides effortless access to shopping, dining, and transportation options, making daily commutes a breeze. Residents love the spacious units and responsive management.
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Duraleigh Woods Apartments
5600 Briar Oak Lane, Raleigh, NC 27612
(919) 752-3553
$932+ moTotal price12-mo lease
19 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Exclusive Amenities
Newly redesigned, perfectly situated in Raleigh.
Duraleigh Woods Apartments in Raleigh boasts exceptional amenities like a dog park, on-site gym, and swimming pool. This complex offers newly redesigned homes with features such as wood-burning fireplaces and chef-style kitchens. Residents praise the professional management and prime location with easy access to local shopping and dining.
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The Mallory
$1,249
2541 Landmark Drive, Raleigh, NC 27607
(919) 752-4626
Rent Savings
14 units available
1 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Access
Modern Living in Raleigh's Heart
The Mallory boasts a prime location in Raleigh's Lake Boone Trail with modern amenities that residents love. Enjoy walking access to numerous parks and over 20 restaurants, perfect for exploring the local cuisine. Residents appreciate the easy access to shopping centers and major highways for effortless commuting.
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Andover at Crabtree
$1,086
6200 Riese Drive, Raleigh, NC 27613
(984) 266-3860
Rent Savings
29 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Serene Oasis
Relaxation by the private lake, near conveniences.
Discover Andover at Crabtree in Raleigh, boasting a tranquil environment with a private lake and rich greenery. Residents love the newly renovated apartment homes and wide array of amenities such as a fitness center, two pools, and pet park. Enjoy the benefit of being positioned below the metro average in pricing while still being in a location close to shops and highways.
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Millbrook
$935
2121 Paces Forest Court, Raleigh, NC 27612
(573) 515-2603
Rent Savings
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Pet Oasis
Conveniently Located Pet-Friendly Community
Millbrook is the ideal haven for pet lovers, with both dogs and cats welcomed enthusiastically. Residents enjoy stylish, recently renovated apartments, complete with luxurious stainless steel appliances and cozy fireplaces. Nestled close to William B. Umstead State Park and Crabtree Valley Mall, this community offers the perfect blend of outdoor adventure and urban convenience.
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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 8 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 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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Price

Amenities

Property Type

Raleigh Short-term Apartments (109)

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

BlueStone Apartments

Chamberlain Road Apartments

Allister North Hills

The Ashton Apartments

Link Apartments Glenwood South

Dakota

Concord Apartments

Laurel Oaks

Mariners Crossing

Northridge Crossings

Affordable Housing - Litchford 315 Apartments

Junction Six Forks

Duraleigh Woods Apartments

The Mallory

Andover at Crabtree

Millbrook

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?