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

848 rentals available

Hamilton Ridge
4901 Tall Timber Drive, Raleigh, NC 27612
(656) 218-4565
$1,053+ moTotal price12-mo lease
Rent Savings
17 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Recently renovated, Stainless steel, Walk in closets + more
Nature Retreat
Serene Living in Raleigh's Crabtree Valley
Hamilton Ridge offers a serene lifestyle surrounded by lush nature and convenient amenities. Situated in Raleigh's desired Crabtree Valley, it provides easy access to shopping, dining, and recreation. With modern designs and a wide range of facilities including a resort-style pool and 24-hour gym, it's perfect for those seeking a tranquil and stylish home experience.
Recently updated units
Verified listing
Verified
5.0
Concord Apartments
$1,223
3920 Knickerbocker Parkway, Raleigh, NC 27612
(919) 752-3327
Top rated for Location
“Highly Recommend I've been living at Concord, and I can confidently say it's one of the best decisions I've made. From the moment I moved in, I felt right at home thanks to the friendly and helpful management team. The apartments are modern, well-maintained, and spacious, with high-quality finishes that make the place feel both stylish and comfortable. The community amenities are top-notch—I've particularly enjoyed the [mention specific amenities, e.g., pool, fitness center, or community events], which make it easy to relax and stay active without leaving the property. The location is fantastic, with convenient access to [mention nearby attractions, such as grocery stores, restaurants, parks, or public transportation]. Whether I'm running errands or just enjoying a day out, everything I need is close by. One of the best parts about living here is the sense of community. The neighbors are respectful and friendly, and the property is always clean and quiet, which has made for a peaceful living environment. Maintenance requests are handled promptly, and any issues I've had were resolved quickly and professionally. Overall, [Apartment Complex Name] has exceeded my expectations. It's a great place to call home, and I would highly recommend it to anyone looking for a comfortable and convenient living experience. Five stars!”
16 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Convenient Location
Spacious apartments near Raleigh's scenic attractions.
Concord Apartments offers a serene and comfortable community atmosphere in Raleigh. Residents love the spacious interiors with large bedrooms and extensive outdoor spaces. Cats and dogs are welcome, enhancing the family's warmth. The property is strategically located near Raleigh's bustling city center and scenic trails to Umstead Park.
Recently updated units
Verified listing
Verified
4.0
The Falls
$977
4518 Tournament Drive, Raleigh, NC 27612
(919) 737-7468
Top rated for Location
“It’s a pretty quiet neighborhood in a great location but you can certainly get more bang for you buck at plenty other places in this same area. Expect your rent to go up an unreasonable amount if you plan on staying any longer than 1 lease and management to not work with you whatsoever on that part, they do hold little events for the neighborhood pretty often though which is pretty nice. Maintenance is pretty quick with everything but I have had a few times where it seemed to be a miscommunication and someone entered my home not knowing someone had already came and fixed the issue a day or so beforehand. Parking is usually open in a reasonable distance unless you live on one of the side streets in the neighborhood then it’s terrible but if you’re on the outer circle of the neighborhood like most building are then you’ll be just fine. Overall I’d give it a 3 out of 5 simply because as I said before you can certainly get better value elsewhere but outside of that not too much to complain about.”
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Cost-effective Living
Stylish, Pet-Friendly Apartments in a Convenient Raleigh Spot
The Falls boasts a convenient location in Raleigh, offering easy access to shopping centers and walking paths for enjoyable daily errands and exercise. Residents cherish the tranquil, well-maintained environment and praise the friendly staff. With a pet-friendly policy welcoming all pets, and standout features like a sparkling pool and fitness center, it's an ideal haven for comfortable living.
Recently updated units
Verified listing
Verified
Duraleigh Woods Apartments
5600 Briar Oak Lane, Raleigh, NC 27612
(919) 752-3553
$899+ moTotal price12-mo lease
19 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Exclusive Amenities
Newly redesigned, perfectly situated in Raleigh.
Duraleigh Woods Apartments in Raleigh boasts exceptional amenities like a dog park, on-site gym, and swimming pool. This complex offers newly redesigned homes with features such as wood-burning fireplaces and chef-style kitchens. Residents praise the professional management and prime location with easy access to local shopping and dining.
Recently updated units
Verified listing
Verified
District at 54
700 Corporate Center Drive, Raleigh, NC 27607
(919) 646-3115
$1,530+ moTotal price12-mo lease
Rent Savings
9 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Golf room, Patio / balcony, Dishwasher, Pet friendly, New construction + more
Recently updated units
Verified listing
Verified
927 West Morgan
927 West Morgan Street, Raleigh, NC 27603
(619) 332-0048
$1,198+ moTotal price12-mo lease
Rent Savings
27 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Urban Luxury
Ultimate downtown living experience with resort-style amenities.
927 West Morgan offers an unmatched urban lifestyle, boasting an array of luxury amenities such as a dog park, multiple pools, and a yoga room. Located in Raleigh's vibrant heart, it is minutes from NC State, top dining, and entertainment. Residents enjoy spacious, modern apartments, and a community spirit fostered by frequent social events.
Recently updated units
Verified listing
Verified
Cortland Midtown East
$1,282
2601 Noblewood Circle, Raleigh, NC 27604
(919) 364-6944
Rent Savings
60 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Nest technology, Patio / balcony, Granite counters, Dishwasher, Pet friendly + more
Luxury Oasis
Pet-friendly apartments with outstanding amenities and prime location.
Cortland Midtown East stands out with its extraordinary amenities including two saltwater pools, a dog park, and multiple gyms, making it a standout choice for pet lovers. Nestled near prominent employers, shopping, and dining in East Raleigh, this community offers unparalleled convenience. Residents rave about the exceptional service from the management and maintenance teams, highlighting a truly enriching living experience.
Recently updated units
Verified listing
Verified
5.0
The Line
$1,366
500 North West Street, Raleigh, NC 27603
(919) 443-6820
Rent Savings
Top rated for Location
32 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Premier Community
Downtown Raleigh's vibrant living with top amenities.
Experience Downtown Raleigh living in the popular Smoky Hollow neighborhood, where The Line offers luxury apartments. Residents appreciate its prime location, steps from the downtown Publix and near Glenwood South. Enjoy top-tier amenities like a resort-style pool and a fully equipped fitness center. This pet-friendly community welcomes both dogs and cats, highlighted by a luxury pet-washing station.
Recently updated units
Verified listing
Verified
The Row
$1,220
1021 South Saunders Street, Raleigh, NC 27603
(336) 827-9262
Rent Savings
84 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Cats allowed, Stainless steel, Gym, Pool, Ceiling fan + more
Luxurious Living
Stylish, Spacious Apartments Amid Scenic Views
The Row offers a luxurious lifestyle with modern, hospitality-inspired design and spacious layouts nestled in a scenic location. Enjoy a resort-style pool, rooftop lounge, and expansive gathering spaces, perfectly crafting an enviable living experience. The apartments are conveniently located near Dorothea Dix Park, offering easy access to outdoor activities and stunning greenway views.
Recently updated units
Verified listing
Verified
The Eastern Residences at North Hills
$1,582
4204 Six Forks Road, Raleigh, NC 27609
(919) 899-7630
Rent Savings
41 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Nest technology, Patio / balcony, Dishwasher, Pet friendly + more
Luxurious Living
Upscale Raleigh lifestyle in vibrant North Hills area.
The Eastern Residences at North Hills offers an unrivaled luxury living experience with exquisite residences and top-notch amenities. Residents enjoy stunning views, a meticulously maintained gym and pool, and a friendly, professional community. The pet-friendly environment with nearby dog parks makes it perfect for dog owners, and the central location provides easy access to restaurants, shops, and entertainment.
Recently updated units
Verified listing
Verified
The Reverie at Lake Boone
$1,294
4131 Briargrove Circle, Raleigh, NC 27607
(251) 551-1888
Rent Savings
23 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Amenity Oasis
Exceptional Amenities & Convenient Location
The Reverie at Lake Boone offers a wealth of amenities, perfect for a comfortable lifestyle. Enjoy features like a resort-style pool, a fully equipped gym, and a well-maintained dog park, all of which receive rave reviews from residents. The property's prime location in Raleigh ensures easy access to vibrant downtown, shopping centers, and beautiful walking trails, enhancing your living experience.
Recently updated units
Verified listing
Verified
St. Albans Lofts
$1,207
600 Saint Albans Drive, Raleigh, NC 27609
(984) 265-7649
Rent Savings
229 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Cats allowed, Stainless steel, Walk in closets, 24hr gym, Pool + more
Luxury Living
Luxury lofts in vibrant Raleigh neighborhood
St. Albans Lofts offers luxurious studio to three-bedroom apartments with designer finishes and smart-home features. Located in the dynamic North Hills Innovation District, residents enjoy proximity to Raleigh's top dining, shopping, and greenways. The community boasts premium amenities like a saltwater pool, rooftop lounge, and pet spa, providing an exceptional living experience.
Recently updated units
Verified listing
Verified
Channel House
$1,328
540 Saint Albans Drive, Raleigh, NC 27609
(254) 527-5531
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Parking, Walk in closets, 24hr gym, Pool + more
Vibrant Lifestyle
Pristine city living with abundant amenities and style.
Channel House in Raleigh offers a vibrant urban lifestyle with modern, elegant interiors and a stellar array of amenities. Residents praise the saltwater pool, fitness center, and community engagement events. The property enjoys a prime location with immediate access to shops, dining, and entertainment, making daily life both convenient and exciting.
Recently updated units
Verified listing
Verified
Mordecai On Clover
$1,445
420 Clover Ln, Raleigh, NC 27604
(919) 587-8733
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Modern Comfort
Well-located gem near vibrant downtown Raleigh.
Mordecai On Clover offers a modern and vibrant living experience with a friendly community atmosphere. Its convenient location provides easy access to downtown Raleigh's amenities and attractions. Residents praise the attentive management and high-quality apartments, complete with cats and dogs welcome.
Recently updated units
Verified listing
Verified
Platform
$1,245
600 West Cabarrus Street, Raleigh, NC 27603
(762) 800-8494
73 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dogs allowed, Parking, Walk in closets, 24hr gym + more
Urban Oasis
Prime Downtown Location, Pet Friendly, Modern Amenities
Platform is your urban retreat, perfectly positioned at the intersection of Downtown Raleigh and cozy Boylan Heights. This location combines the lively city life with a peaceful neighborhood charm. With exceptional amenities like a well-equipped gym, a beautiful pool, and a dog-friendly environment, Platform offers an enriching lifestyle experience.
Recently updated units
Verified listing
Verified
Accent Brier Creek
$1,379
7900 Accent Brier Lane, Raleigh, NC 27617
(772) 248-4948
49 units available
1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Modern Living
Ideal Raleigh Location with Stylish Amenities
Accent Brier Creek offers a modern lifestyle with exceptional amenities. This pet-friendly community welcomes dogs and cats, ensuring every family member feels at home. Residents love the sleek finishes, private patios, and convenient in-unit laundry. The property's location in Raleigh places you near many dining options and grocery stores for everyday convenience.
Recently updated units
Verified listing
Verified

The average rent for a 1 bedroom apartment in Raleigh is $1,482+, while the average rent for a 2 bedroom apartment is $1,853+. Rent rates updated 4 days ago

Studio: $1,384+Trending up
1 Bed: $1,482+Trending up
2 Beds: $1,853+Trending up
3+ Beds: $2,135+Trending up

* 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 30 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 30 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
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

View all

More Rental Options

Bedrooms

Price

Amenities

Property Type

Raleigh Short-term Apartments (109)

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

Hamilton Ridge

Concord Apartments

The Falls

Duraleigh Woods Apartments

District at 54

927 West Morgan

Cortland Midtown East

The Line

The Row

The Eastern Residences at North Hills

The Reverie at Lake Boone

St. Albans Lofts

Channel House

Mordecai On Clover

Platform

Accent Brier Creek

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?