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

818 rentals available

419 Emerson Drive
$3,500
419 Emerson Drive, Raleigh, NC 27609
(215) 317-0248
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Recently renovated, Stainless steel + more
Recently updated units
7516 Grist Mill Road
$15,000
7516 Grist Mill Road, Raleigh, NC 27615
(919) 395-1529
1 unit available
5 bed
Amenities
Patio / balcony, Garage, Stainless steel, Walk in closets, Gym, Pool + more
Recently updated units
1110 Kent Road unit: B
$1,650
1110 Kent Road, Raleigh, NC 27606
(919) 740-3734
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Garage, Microwave, and Range
Recently updated units
1200 Oakside Court
$2,300
1200 Oakside Court, Raleigh, NC 27609
(919) 280-0441
1 unit available
4 bed
Amenities
In unit laundry, Dishwasher, Parking, Recently renovated, Fireplace, and Range
Recently updated units
9636 Miranda
$2,500
9636 Miranda Drive, Raleigh, NC 27617
(919) 649-4946
1 unit available
3 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Parking, and Fireplace
Recently updated units
4719 Cypress Tree Lane
$3,200
4719 Cypress Tree Lane, Raleigh, NC 27612
(919) 247-4340
1 unit available
4 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Parking, Recently renovated, Microwave + more
Recently updated units
2651 Mellow Field Drive
$1,695
2651 Mellow Field Drive, Raleigh, NC 27604
(919) 744-8665
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Carport, Elevator, and Refrigerator
Recently updated units
5405 Glass Ridge Road
$2,200
5405 Glass Ridge Road, Raleigh, NC 27616
(919) 308-3342
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Garage, Microwave, Bathtub, Carpet + more
Recently updated units
8122 Mcguire Drive
$1,450
8122 McGuire Drive, Raleigh, NC 27616
(888) 919-2008
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Parking, Fireplace, and Extra storage
Recently updated units
2813 Rainford Court
$1,995
2813 Rainford Court, Raleigh, NC 27603
(919) 744-8665
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Garage, Walk in closets, Pool, and Clubhouse
Cozy Convenience
Stylish living with great access to Raleigh highlights.
Experience the convenience and comfort of this charming home at 2813 Rainford Court. Just minutes from NCSU and downtown Raleigh, this property offers easy access to shopping, parks, and major highways. Residents love the modern features, including luxury vinyl flooring, a cozy fireplace, and a master suite with walk-in closet.
Recently updated units
1024 Brighthurst Drive unit: 1024
$2,400
1024 Brighthurst Drive, Raleigh, NC 27605
(843) 331-4940
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dogs allowed, Recently renovated, and Pool
Prime Location
Modern townhouse near Raleigh attractions.
Nestled in Raleigh's vibrant area, this stylish townhouse offers easy access to downtown excitement and nearby Fred Fletcher Park. Renovated interiors feature cork tile flooring and a cozy fireplace. Residents love the community amenities, such as the serene pool area and modern living spaces.
Recently updated units
11391 Involute Place unit: 101
$1,695
11391 Involute Place, Raleigh, NC 27617
(919) 744-8665
1 unit available
2 bed
Amenities
Patio / balcony, Garage, Gym, Pool, Playground, Tennis court + more
Ideal Retreat
Tranquil and Convenient Raleigh Location
This property offers a peaceful oasis in a calm neighborhood, praised by residents for its safety and serene environment. Highlighted by a favorite two-bedroom layout with a sunroom, the home features all laminate and tile floors, appealing to those appreciating modern finishes. The community boasts a pool, tennis courts, and a clubhouse gym, delivering excellent recreational options within the vicinity.
Recently updated units
3901 Capital Hills Drive unit: A1
$1,291
3901 Capital Hills Drive, Raleigh, NC 27616
(704) 502-1040
1 unit available
1 bed
Amenities
In unit laundry, Dishwasher, Dogs allowed, Parking, Pool, Dog park + more
Recently updated units
2412 Laurel Falls Lane
$3,590
2412 Laurel Falls Lane, Raleigh, NC 27603
(919) 931-1939
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, All utils included + more
Hassle-Free Living
Fully furnished, all-inclusive utilities near key Raleigh locations.
Nestled in Raleigh's Trailwood Hills, this property offers a hassle-free living experience with a fully furnished setup and all utilities included. Ideal for those seeking convenience, its prime location provides easy access to the beltline, NCSU, and Meredith College. Enjoy relaxing moments in the spacious backyard or take a dip in the community pool, perfect for unwinding after a busy day.
Recently updated units
2814 Kilgore Avenue
$2,300
2814 Kilgore Avenue, Raleigh, NC 27607
(888) 400-2513
1 unit available
2 bed
Serene Living
Peaceful home near NC State University.
Discover tranquility at 2814 Kilgore Avenue, nestled on a quiet one-way street. This delightful 2-bedroom residence is perfectly positioned close to North Carolina State University, ideal for students and staff seeking convenience with a personal touch. Enjoy a private yard for leisure and included lawn care for updated curb appeal effortlessly.
Recently updated units
8268 Primanti Blvd
$2,050
8268 Primanti Boulevard, Raleigh, NC 27612
(919) 866-9302
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Garage + 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 2 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 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
Hedingham
View 15 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 15 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

Cameron Village

What it’s like to live in Cameron Village

Great for

Neighborhood vibe

Hedingham

What it’s like to live in Hedingham

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?