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

850 rentals available

11629 Broadfield Court
$2,995
11629 Broadfield Court, Raleigh, NC 27617
(919) 459-6346
1 unit available
3 bed
Amenities
Patio / balcony, Hardwood floors, Garage, Tennis court, Fireplace, Ice maker + more
Recently updated units
6117 Bellow Street
$1,950
6117 Bellow Street, Raleigh, NC 27609
(919) 696-5234
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, and Microwave
Tranquil Retreat
Peaceful living near Optimist Park with ample amenities.
Discover the tranquil ambiance of 6117 Bellow Street, a gem featuring a serene setting in Raleigh. Residents cherish the peaceful neighborhood with easy access to quintessential amenities, making every day enjoyable. With dog-friendly sidewalks, a spacious patio, and proximity to parks and restaurants, this home offers a delightful lifestyle.
Recently updated units
805 Graham Street
$3,250
805 Graham Street, Raleigh, NC 27605
(919) 828-0077
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Gym, Fireplace + more
Prime Location
Spacious home in a desirable neighborhood.
805 Graham Street offers a fantastic mid-century modern ranch home with a lush fenced-in backyard in Cameron Village. Enjoy large bedrooms and vast entertaining spaces, ideal for hosting. Its prime location provides seamless access to downtown Raleigh, I-40, Five Points, and nearby parks for an active lifestyle.
Recently updated units
2705 Casper Creek Lane
$1,795
2705 Casper Creek Lane, Raleigh, NC 27616
(919) 800-0880
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, and Gym
Recently updated units
513 Calloway Drive
$1,795
513 Calloway Drive, Raleigh, NC 27610
(919) 607-3713
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Parking, Microwave + more
Recently updated units
841 Barringer Drive unit: A
$1,345
841 Barringer Drive, Raleigh, NC 27606
(919) 539-2379
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Bathtub, and Oven
Recently updated units
9009 Langwood Drive
$1,900
9009 Langwood Drive, Raleigh, NC 27617
(919) 459-6305
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Parking + more
Recently updated units
911 Chaney Road unit: 100
Ask for price
911 Chaney Road, Raleigh, NC 27606
(919) 697-5141
Contact for Availability
Amenities
In unit laundry, Dishwasher, Parking, Microwave, and Refrigerator
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
$1,400
619 Hinsdale Street, Raleigh, NC 27605
(919) 828-0077
1 unit available
1 bed
Amenities
In unit laundry, Granite counters, Dishwasher, Parking, Recently renovated, Stainless steel + more
Prime Location
Walkable delights in central Raleigh location.
This centrally located duplex offers a prime location just steps away from Glenwood South and Fred Fletcher Park. With a recently renovated kitchen featuring granite countertops and state-of-the-art appliances, this home combines style with convenience. The cozy backyard space is perfect for grilling and relaxing after a day out in the vibrant surroundings.
Recently updated units
1817 Thorpshire Drive
$2,625
1817 Thorpshire Drive, Raleigh, NC 27615
(888) 919-2008
1 unit available
4 bed
Amenities
Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel, Microwave + more
Recently updated units
5105 Powell Townes Way
$1,750
5105 Powell Townes Way, Raleigh, NC 27606
(919) 349-1660
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Parking, Stainless steel, Garbage disposal, and Refrigerator
Recently updated units
2106 Tudor Place
$1,950
2106 Tudor Place, Raleigh, NC 27610
(404) 502-7535
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Recently renovated, Microwave + more
Recently updated units
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
5036 Flint Ridge Place
$1,475
5036 Flint Ridge Place, Raleigh, NC 27609
(919) 493-7633 ext. 101
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Parking, Stainless steel + more
Recently updated units
3713 Landshire View Lane
$1,695
3713 Landshire View Lane, Raleigh, NC 27616
(919) 697-5141
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Garage, Stainless steel, Walk in closets + more
Recently updated units

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 2 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

View all

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

11629 Broadfield Court

6117 Bellow Street

805 Graham Street

2705 Casper Creek Lane

513 Calloway Drive

841 Barringer Drive unit: A

9009 Langwood Drive

911 Chaney Road unit: 100

707 Daniels Street unit: A

619 Hinsdale Street

1817 Thorpshire Drive

5105 Powell Townes Way

2106 Tudor Place

808 Edmund Street unit: B

5036 Flint Ridge Place

3713 Landshire View 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?