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

842 rentals available

2215 Turtle Point Drive
$1,550
2215 Turtle Point Drive, Raleigh, NC 27604
(919) 819-9888
1 unit available
2 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Parking, Walk in closets, Pool + more
Recently updated units
6604 Morgantown Street
$1,600
6604 Morgantown Street, Raleigh, NC 27616
(919) 800-0880
1 unit available
2 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Parking, Stainless steel + more
Recently updated units
1208 Manassas Court unit: A
$1,550
1208 Manassas Court, Raleigh, NC 27609
(919) 971-0346
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Recently renovated + more
Recently updated units
6102 Shandwick Court
$1,900
6102 Shandwick Court, Raleigh, NC 27609
(919) 696-5234
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Garage, Ceiling fan, Hot tub + more
Recently updated units
5002 Wickham Road
$3,395
5002 Wickham Road, Raleigh, NC 27606
(919) 744-8665
1 unit available
5 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Garage, Stainless steel, and Walk in closets
Recently updated units
7409 Barberry Court
$1,995
7409 Barberry Court, Raleigh, NC 27615
(919) 896-4699
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Parking, Microwave + more
Recently updated units
906 Waterside View Drive
$2,395
906 Waterside View Drive, Raleigh, NC 27606
(919) 272-8118
1 unit available
4 bed
Amenities
Patio / balcony, Parking, Recently renovated, Walk in closets, Media room, and Refrigerator
Recently updated units
1320 Poole Road unit: K
$950
1320 Poole Road, Raleigh, NC 27610
(919) 800-0880
1 unit available
2 bed
Amenities
Hardwood floors, Parking, Pool, Some paid utils, Range, and Refrigerator
Convenient Location
Accessible living near downtown Raleigh
Discover spacious living on Poole Road with easy access to downtown Raleigh. Enjoy the convenience of included amenities like a refreshing pool and ample parking. The neighborhood's dog-friendly atmosphere and community events enhance your living experience.
Recently updated units
921 St Marys
$1,800
921 Saint Marys Street, Raleigh, NC 27605
(919) 828-0077
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, and Bbq/grill
Recently updated units
5022 Flint Ridge Place
$1,550
5022 Flint Ridge Place, Raleigh, NC 27609
(919) 720-2194
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, All utils included, Parking, Recently renovated + more
Modern Style
Urban lifestyle in the heart of Midtown
Step into modern living with this charming 2-bedroom condo in Midtown, Raleigh. Enjoy a vibrant urban lifestyle with easy access to restaurants, shopping, and entertainment. Residents love the stylish finishes, including granite countertops, and appreciate the attentive management team.
Recently updated units
5036 Isabella Cannon Drive
$3,650
5036 Isabella Cannon Drive, Raleigh, NC 27612
(336) 416-3078
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Garage, Stainless steel + more
Modern Elegance
Prime location in heart of Raleigh
Discover a stunning townhome in Raleigh, perfectly situated for easy access to shopping, dining, and major highways. This beautifully updated 4-bedroom residence features modern finishes and abundant natural light throughout. With pet-friendly amenities, a welcoming community, and safe, well-lit streets, it's a delightful place to call home.
Recently updated units
4325 Lyman Avenue
$2,350
4325 Lyman Avenue, Raleigh, NC 27616
(919) 376-5727
1 unit available
4 bed
Amenities
On-site laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Recently updated units
1412 Sawyer Road unit: 101
$2,600
1412 Sawyer Road, Raleigh, NC 27610
(919) 896-5156
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Dogs allowed, Garage, and Some paid utils
Recently updated units
9713 Blackwell Drive
$1,750
9713 Blackwell Drive, Raleigh, NC 27617
(919) 214-0859
1 unit available
2 bed
Amenities
In unit laundry, Dishwasher, Garage, Walk in closets, Pool, and Microwave
Recently updated units
4706 Blue Bird Court unit: I
$1,400
4706 Blue Bird Court, Raleigh, NC 27606
(919) 800-0880
1 unit available
2 bed
Amenities
Patio / balcony, Dogs allowed, Parking, Pool, Microwave, and Carpet
Modern Comfort
Stylish condo with excellent amenities and tranquil setting.
With granite counters and stainless steel appliances, this recently renovated condo offers modern elegance in Raleigh. Residents love the friendly community and the convenient location offering easy access to downtown and major highways. Both cats and dogs are welcome, and the community pool adds a touch of leisure.
Recently updated units
6844 Greystone Drive
$18,000
6844 Greystone Drive, Raleigh, NC 27615
(919) 395-1529
1 unit available
5 bed
Amenities
Dishwasher, Garage, Walk in closets, Pool, Fireplace, and Bathtub
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 5 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 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
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
Brier Creek Country Club
View 10 listings
What it’s like to live in Brier Creek Country Club
Golf course prestige defines Brier Creek, where Raleigh's northwestern master-planned community surrounds the Arnold Palmer signature course with controlled architectural standards. Most rental properties include premium features from hardwood floors to covered patios reflecting the community's upscale positioning beyond purely location advantages. Though requiring vehicle ownership for most daily needs, many residents find the extensive trail systems, maintained landscapes, and resort-style recreation facilities worth this minor inconvenience compared to more urban environments with limited outdoor amenities. The neighborhood provides strategic positioning between RTP employment centers and Durham cultural amenities, creating practical advantages beyond purely aesthetic considerations for technology professionals seeking balanced environments without excessive commuting requirements to either area.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 10 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

2215 Turtle Point Drive

6604 Morgantown Street

1208 Manassas Court unit: A

6102 Shandwick Court

5002 Wickham Road

7409 Barberry Court

906 Waterside View Drive

1320 Poole Road unit: K

921 St Marys

5022 Flint Ridge Place

5036 Isabella Cannon Drive

4325 Lyman Avenue

1412 Sawyer Road unit: 101

9713 Blackwell Drive

4706 Blue Bird Court unit: I

6844 Greystone 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

Cameron Village

What it’s like to live in Cameron Village

Great for

Neighborhood vibe

Brier Creek Country Club

What it’s like to live in Brier Creek Country Club

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?