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

840 rentals available

2413 Keith Dr
$1,640
2413 Keith Drive, Raleigh, NC 27610
(919) 635-4890
1 unit available
3 bed
Amenities
On-site laundry, Patio / balcony, Recently renovated, Air conditioning, Range, and Oven
Recently updated units
3564 Aldie Court - 1
$1,695
3564 Aldie Court, Raleigh, NC 27610
(919) 697-5141
1 unit available
3 bed
Amenities
Hardwood floors, Dishwasher, Pet friendly, Air conditioning, Microwave, Garbage disposal + more
Recently updated units
3554 Aldie Court - 1
$1,695
3554 Aldie Court, Raleigh, NC 27610
(919) 697-5141
1 unit available
3 bed
Amenities
In unit laundry, Pet friendly, Stainless steel, and Refrigerator
Recently updated units
3721 Landshire View Lane - 1
$1,695
3721 Landshire View Lane, Raleigh, NC 27616
(336) 339-8021
1 unit available
3 bed
Amenities
Granite counters, Garage, Recently renovated, and Stainless steel
Recently updated units
7314 Sandy Creek Drive - 1
$1,550
7314 Sandy Creek Drive, Raleigh, NC 27615
(919) 697-5141
1 unit available
3 bed
Amenities
Walk in closets and Pool
Recently updated units
2513 Ricky Circle - 1
$1,550
2513 Ricky Circle, Raleigh, NC 27612
(336) 339-8021
1 unit available
2 bed
Amenities
In unit laundry and Recently renovated
Recently updated units
2605 Benevolence
$1,795
2605 Benevolence Drive, Raleigh, NC 27610
(336) 339-8021
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Garage, Walk in closets, Air conditioning + more
Recently updated units
9313 Palm Bay Circle
$3,000
9313 Palm Bay Circle, Raleigh, NC 27617
(919) 606-3461
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Walk in closets, Pool + more
Recently updated units
6120 Saybrook Drive
$1,750
6120 Saybrooke Drive, Raleigh, NC 27604
1 unit available
3 bed
Amenities
Patio / balcony, Garage, Recently renovated, and Fireplace
Recently updated units
4902 Lakemont Drive
$3,400
4902 Lakemont Drive, Raleigh, NC 27609
(919) 971-0346
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Parking, Recently renovated, Walk in closets, Ceiling fan + more
Renovated Elegance
Stunning renovated home near North Hills attractions.
This beautifully renovated home on Lakemont Drive offers a seamless blend of style and convenience. With a large open kitchen, dining, and living areas, it's perfect for those who enjoy entertaining. Residents appreciate the home's proximity to North Hills, providing easy access to dining, shopping, and entertainment options. A spacious backyard deck and the potential for a fourth bedroom add to this home's appeal.
Recently updated units
1450 Barton Place Drive
$1,750
1450 Barton Place Drive, Raleigh, NC 27608
(919) 271-3700
1 unit available
2 bed
Amenities
In unit laundry, Granite counters, Dishwasher, Parking, Walk in closets, Fireplace + more
Recently updated units
1281 Schaub Drive
$1,450
1281 Schaub Drive, Raleigh, NC 27606
1 unit available
3 bed
Amenities
Dishwasher, Parking, Oven, and Refrigerator
Prime Convenience
Easy access to Downtown Raleigh and NC State University
1281 Schaub Drive offers a highly convenient location, situated just minutes from Downtown Raleigh and NC State University. Residents enjoy a pet-friendly community with amenities like a pool, playground, and tennis courts. With public transportation options available, commuting is a breeze.
Recently updated units
4716 Altha Street
$1,750
4716 Altha Street, Raleigh, NC 27606
(919) 637-3748
1 unit available
2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Garage, Walk in closets, Ceiling fan + more
Recently updated units
10117 Falls Meadow Court
$1,900
10117 Falls Meadow Court, Raleigh, NC 27617
(919) 609-3131
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Stainless steel, Walk in closets + more
Recently updated units
2547 Asher View Court
$1,845
2547 Asher View Court, Raleigh, NC 27606
(919) 852-0510
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Garage, Stainless steel, Walk in closets, Bathtub + more
Recently updated units
2808 Isabella Drive
$2,395
2808 Isabella Drive, Raleigh, NC 27603
(919) 607-3713
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Fireplace, Microwave + more
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 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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More Rental Options

Bedrooms

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

2413 Keith Dr

3564 Aldie Court - 1

3554 Aldie Court - 1

3721 Landshire View Lane - 1

7314 Sandy Creek Drive - 1

2513 Ricky Circle - 1

2605 Benevolence

9313 Palm Bay Circle

6120 Saybrook Drive

4902 Lakemont Drive

1450 Barton Place Drive

1281 Schaub Drive

4716 Altha Street

10117 Falls Meadow Court

2547 Asher View Court

2808 Isabella Drive

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?