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

825 rentals available

!! SPECIAL HALF OFF SECOND MONTH'S RENT !! Beautiful 3BR 2.5BA Townhome w/ Fenced Patio • In-Unit Laundry • Assigned Parking in Raleigh
$1,750
4417 Log Cabin Drive, Raleigh, NC 27616
(516) 647-7042
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Air conditioning + more
Recently updated units
4720 Queen Pierrette Street
$1,750
4720 Queen Pierrette Street, Raleigh, NC 27610
(919) 800-0880
1 unit available
3 bed
Amenities
Dishwasher, Garage, Bathtub, Range, and Refrigerator
Recently updated units
5621 Departure Drive unit: 101
$3,200
5621 Departure Drive, Raleigh, NC 27616
(919) 632-1374
1 unit available
4 bed
Amenities
Garage
Recently updated units
2221 Valley Edge Drive unit: 105
$1,500
2221 Valley Edge Drive, Raleigh, NC 27614
(919) 632-1807
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Parking, Recently renovated, Stainless steel, Walk in closets + more
Recently updated units
6008 Chittim Court
$2,800
6008 Chittim Court, Raleigh, NC 27616
(919) 324-5515
1 unit available
5 bed
Amenities
Patio / balcony, Hardwood floors, Dishwasher, Garage, Recently renovated, Stainless steel + more
Recently updated units
300 Bon Marche Lane
$3,200
300 Bon Marche Lane, Raleigh, NC 27615
(919) 800-0880
1 unit available
4 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Dogs allowed, Garage, Stainless steel + more
Recently updated units
2922 Glenridge Drive unit: B
$1,625
2922 Glenridge Drive, Raleigh, NC 27604
(919) 439-9139
1 unit available
2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Range, Oven, and Refrigerator
Convenient Serenity
Charming home with private deck and pet-friendly feel.
2922 Glenridge Dr offers a cozy, recently renovated duplex perfectly located just off Capital Blvd. This pet-friendly abode features a private back deck surrounded by natural trees, presenting a serene escape from city life. Residents appreciate the quick access to I-40, making commuting and accessing amenities a breeze.
Recently updated units
4036 Greenleaf Street
$1,500
4036 Greenleaf Street, Raleigh, NC 27606
(888) 659-9596 ext. 6096384
1 unit available
2 bed
Amenities
Dishwasher, Pet friendly, Air conditioning, and Refrigerator
Recently updated units
1445 Lombar Street
$2,355
1445 Lombar Street, Raleigh, NC 27610
(704) 654-3322
1 unit available
4 bed
Amenities
Pet friendly, Pool, Ceiling fan, Fireplace, Extra storage, and Microwave
Eco Living
Eco-friendly home near downtown Raleigh.
This sustainable gem is just minutes from downtown Raleigh, making it perfect for those seeking city features with green living benefits. With a solar power system cutting significant electricity costs and convenient in-house laundry, the property offers ample contemporary conveniences. Residents can also enjoy hassle-free parking options with a spacious two-car garage.
Recently updated units
5005 Marathon Lane
$2,300
5005 Marathon Lane, Raleigh, NC 27616
(919) 539-5376
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Recently updated units
4900 Heatherfield Way
$2,205
4900 Heatherfield Way, Raleigh, NC 27604
(704) 654-3322
1 unit available
4 bed
Amenities
Pet friendly, Pool, Ceiling fan, Fireplace, Microwave, and Refrigerator
Pet Haven
Pet-friendly home with great comfort features.
Enjoy a serene, pet-friendly environment at 4900 Heatherfield Way, Raleigh. This property is perfect for pet owners with both dogs and cats allowed. Residents praise the peaceful atmosphere and friendly community, making it a delightful place to call home.
Recently updated units
7016 Gentle Pine Place
$3,000
7016 Gentle Pine Place, Raleigh, NC 27613
(919) 244-1649
1 unit available
4 bed
Amenities
In unit laundry, Dishwasher, Garage, Stainless steel, Walk in closets, Guest suite + more
Recently updated units
2233 Sunnycove
$1,750
2233 Sunny Cove Drive, Raleigh, NC 27610
(919) 591-6425
1 unit available
4 bed
Amenities
In unit laundry, Walk in closets, and Extra storage
Recently updated units
6547 New Market Way
$1,697
6547 New Market Way, Raleigh, NC 27615
(919) 666-6995
1 unit available
3 bed
Amenities
Patio / balcony, Pet friendly, Air conditioning, Ceiling fan, and Fireplace
Recently updated units
2701 Patrick Road
$1,900
2701 Patrick Road, Raleigh, NC 27604
(919) 790-1968
1 unit available
3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Dogs allowed, Carport, and Stainless steel
Recently updated units
3BR/2BA House in Five Points
$2,495
1821 Glenwood Avenue, Raleigh, NC 27608
(919) 200-0370
1 unit available
3 bed
Amenities
Hardwood floors, Cats allowed, Fireplace, Range, Oven, and Refrigerator
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 8 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
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
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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More Rental Options

Bedrooms

Price

Amenities

Property Type

Raleigh Short-term Apartments (107)

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

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?