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

832 rentals available

Now Leasing for Summer/Fall 2026!
$2,795
1719 Ballard Drive, Raleigh, NC 27606
(919) 297-2303
1 unit available
3 bed
Amenities
In unit laundry, Granite counters, Dogs allowed, and Stainless steel
Recently updated units
Newly Updated 3BD, 2.5BA Raleigh Home with a 1-Car Attached Garage in an HOA Community with Amenities
$1,845
3817 Satinleaf Drive, Raleigh, NC 27616
(984) 789-5979
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Garage, Recently renovated + more
Recently updated units
Charming 2br 1ba Home! Available Now!
$1,395
1145 Brighton Road, Raleigh, NC 27610
(919) 238-6944
1 unit available
2 bed
Amenities
Hardwood floors and Recently renovated
Recently updated units
Excellent 3BD, 3BA Raleigh Townhome in an HOA Community
$1,695
4426 Lord Joseph Court, Raleigh, NC 27610
(984) 789-5979
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Recently updated units
3 Bedroom Single Family Home in Raleigh
$1,850
524 Branch Street, Raleigh, NC 27601
(720) 580-0208
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Dogs allowed, Parking, Recently renovated + more
Recently updated units
Two Bedroom Home!
$1,400
1805 Fox Hollow Drive, Raleigh, NC 27610
(919) 809-2860
1 unit available
2 bed
Amenities
W/D hookup, Dishwasher, Dogs allowed, Range, and Refrigerator
Recently updated units
3 Bedroom Townhome For Rent
$2,050
5712 Finsbury Court, Raleigh, NC 27609
(919) 790-5455
1 unit available
3 bed
Amenities
W/D hookup, Patio / balcony, Dogs allowed, and Fireplace
Recently updated units
Lovely Four Bedroom Home in Convenient North Raleigh Location
$2,250
8338 Hobhouse Circle, Raleigh, NC 27615
(984) 205-4513
1 unit available
4 bed
Amenities
Patio / balcony, Hardwood floors, Fire pit, and Fireplace
Recently updated units
1704 CRAG BURN LN
$1,950
1704 Crag Burn Lane, Raleigh, NC 27604
(919) 230-9121
1 unit available
3 bed
Amenities
On-site laundry, Pool, Playground, Tennis court, and Clubhouse
Recently updated units
4708 Courtside Place
$1,250
4708 Courtside Place, Raleigh, NC 27604
(888) 659-9596 ext. 6050369
1 unit available
2 bed
Amenities
Patio / balcony and Fireplace
Recently updated units
3532 Ivy Commons Drive
$925
3532 Ivy Commons Drive, Raleigh, NC 27606
(888) 659-9596 ext. 6027774
1 unit available
1 bed
Amenities
In unit laundry, Dishwasher, Range, and Refrigerator
Recently updated units
3217 Olustee Drive
$2,200
3217 Olustee Drive, Raleigh, NC 27610
(888) 655-3488
1 unit available
5 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Pool + more
Recently updated units
3506 Ivy Commons Drive
$895
3506 Ivy Commons Drive, Raleigh, NC 27606
(888) 659-9596 ext. 4999023
1 unit available
1 bed
Amenities
In unit laundry, Dishwasher, Range, and Refrigerator
Recently updated units
8508 Neuse Garden Dr
$1,795
8508 Neuse Garden Drive, Raleigh, NC 27616
(919) 809-6065
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Garage, Walk in closets, Fireplace, and Bathtub
Recently updated units
1422 Scales St Apt D
$1,425
1422 Scales Street, Raleigh, NC 27608
(919) 232-9222
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Recently renovated + more
Recently updated units
2041 Persimmon Ridge Dr
$1,495
2041 Persimmon Ridge Drive, Raleigh, NC 27604
(919) 232-9222
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Gym + more
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 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 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
University Park
View 11 listings
What it’s like to live in University Park
Historic character with academic accessibility defines University Park, where this established Raleigh neighborhood borders NC State University. Rental options include divided bungalows and apartments in smaller buildings throughout this transitional area between campus and downtown. The neighborhood provides walking access to both university facilities and the developing Hillsborough Street corridor, creating an ideal environment for academic households seeking character beyond purely student-focused housing options.
Great for
Families
Retirees
Dog Owners
Outdoor Enthusiasts
Commuters
Neighborhood vibe
Suburban
Green Spaces
Family-Friendly
View 11 listings

Neighborhoods

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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

Hedingham

What it’s like to live in Hedingham

Great for

Neighborhood vibe

University Park

What it’s like to live in University Park

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?