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

778 rentals available

9913 Layla Avenue
$1,650
9913 Layla Avenue, Raleigh, NC 27617
(919) 696-5234
1 unit available
2 bed
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Garage, Walk in closets, Pool + more
Recently updated units
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
3504 E Jameson Road
$1,975
3504 East Jameson Road, Raleigh, NC 27604
(888) 919-2008
1 unit available
3 bed
Amenities
Patio / balcony, Pool, Fireplace, Carpet, and Refrigerator
Recently updated units
9103 Triana Market Walk
$2,200
9103 Triana Market Walk, Raleigh, NC 27617
(919) 500-0858
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Garage, Stainless steel, Pool, Guest suite + more
Recently updated units
108-201 Northbrook Drive
$2,300
108 Northbrook Drive, Raleigh, NC 27609
(919) 649-3956
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Garage, Recently renovated + more
Recently updated units
3401 Kensett Way
$2,475
3401 Kensett Way, Raleigh, NC 27616
(919) 520-7716
1 unit available
4 bed
Recently updated units
720 Bilyeu Street unit: 203
$1,600
720 Bilyeu Street, Raleigh, NC 27606
(919) 801-6180
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Parking + more
Prime Location
Central condo near downtown and NCSU campus.
Nestled in Raleigh, this condo offers a prime location with easy walking access to NCSU's Main and Centennial Campuses, Dix Park, and Mission Valley. Residents revel in modern amenities like stainless steel appliances and hardwood floors. Enjoy relaxation on spacious porches and embrace a peaceful atmosphere close to downtown's attractions.
Recently updated units
3205 Sedgefield Pines Lane
$1,975
3205 Sedgefield Pines Lane, Raleigh, NC 27604
(919) 896-4699
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Garage + more
Recently updated units
1917 Carthage Circle
$1,850
1917 Carthage Circle, Raleigh, NC 27604
(641) 860-1840
1 unit available
3 bed
Amenities
Patio / balcony, Microwave, Range, and Refrigerator
Spacious Oasis
Spacious with downtown proximity
1917 Carthage Circle boasts a cozy yet spacious layout filled with natural light. The primary bedroom suite is conveniently located on the first floor, offering privacy and ease of access. Additionally, the deck and large fenced yard provide an exceptional outdoor oasis. Its proximity to downtown Raleigh enhances ease of commuting and access to vibrant city amenities.
Recently updated units
4604 Treadstone Court
$2,450
4604 Treadstone Court, Raleigh, NC 27616
(919) 803-7789
1 unit available
4 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Garage, Recently renovated, Stainless steel + more
Recently updated units
717 Friar Tuck Road
$1,400
717 Friar Tuck Road, Raleigh, NC 27610
(919) 803-7789
1 unit available
3 bed
Amenities
Patio / balcony, Hardwood floors, Garage, Carpet, Oven, and Refrigerator
Recently updated units
3910 Lost Fawn Ct
$2,595
3910 Lost Fawn Court, Raleigh, NC 27612
(919) 230-9121
1 unit available
3 bed
Amenities
On-site laundry, Granite counters, Dogs allowed, and Garage
Recently updated units
4912 Windblown Court
$1,785
4912 Windblown Court, Raleigh, NC 27616
(704) 654-3322
1 unit available
3 bed
Amenities
Pet friendly, Pool, Ceiling fan, Fireplace, and Refrigerator
Recently updated units
6911 Spanglers Spring Way
$2,000
6911 Spanglers Spring Way, Raleigh, NC 27610
(980) 357-5246
1 unit available
4 bed
Amenities
Granite counters, Pet friendly, Stainless steel, and Walk in closets
Luxurious Space
Spacious home near Raleigh, ideal for entertaining.
6911 Spanglers Spring Way in Raleigh offers a luxurious open floor plan with high ceilings, perfect for entertaining. Residents love the contemporary granite countertops and stainless-steel appliances that enhance the modern kitchen. The large master suite with two walk-in closets and a private bath adds a touch of elegance to the home. This property is conveniently situated near downtown Raleigh, providing easy access to shopping, dining, and entertainment.
Recently updated units
132 Faircloth Street
$1,480
132 Faircloth Street, Raleigh, NC 27607
(888) 659-9596 ext. 3314342
1 unit available
1 bed
Amenities
Dogs allowed and Recently renovated
Recently updated units
504 Rock Quarry Road
$2,000
504 Rock Quarry Road, Raleigh, NC 27601
(919) 670-9871
1 unit available
3 bed
Recently updated units

The average rent for a 1 bedroom apartment in Raleigh is $1,477+, while the average rent for a 2 bedroom apartment is $1,851+. Rent rates updated 7 days ago

Studio: $1,372+Trending down
1 Bed: $1,477+Trending down
2 Beds: $1,851+Trending down
3+ Beds: $2,089+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 30 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 30 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
Hedingham
View 14 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 14 listings

Neighborhoods

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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

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

Cameron Village

What it’s like to live in Cameron Village

Great for

Neighborhood vibe

Hedingham

What it’s like to live in Hedingham

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?