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.

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Apartments for Rent in Raleigh, NC

829 rentals available

Duraleigh Woods Apartments
5600 Briar Oak Lane, Raleigh, NC 27612
(919) 752-3553
$1,017+ 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.
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The Retreat at Lake Johnson Apartments
$1,081
3201 Walnut Creek Pkwy, Raleigh, NC 27606
(984) 341-4805
Rent Savings
38 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Park Proximity
Spacious living near Lake Johnson
The Retreat at Lake Johnson Apartments offers spacious layouts and is perfectly situated near Lake Johnson Park for those seeking lush green spaces and outdoor activities. Residents love the clean, safe environment with responsive staff making the move-in process smooth and enjoyable. You'll enjoy a wide array of amenities including a state-of-the-art fitness center, pool, and dog park, perfect for pet owners.
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1105 Flats at North Hills
$999
1105 Navaho Drive, Raleigh, NC 27609
(978) 953-8471
Rent Savings
19 units available
1 bed
Amenities
On-site laundry, Pet friendly, Parking, Recently renovated, Stainless steel, 24hr gym + more
Modern Comforts
Central location with modern apartments and top amenities.
1105 Flats at North Hills offers contemporary apartments with abundant natural light. Enjoy a central location providing easy access to favorite grocery stores and shopping centers. Residents rave about the knowledgeable staff and outstanding customer service.
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Trails Corner Apartments
$1,154
804 McMakin Street, Raleigh, NC 27610
(659) 234-2925
Rent Savings
6 units available
2 bed • 3 bed
Amenities
W/D hookup, Hardwood floors, Pet friendly, Cable included, Parking, Playground + more
Pet Friendly
Modern Comfort with Vibrant Raleigh Culture
Discover Trails Corner Apartments in Raleigh, where modern living meets vibrant culture. With inviting neutral color schemes and modern finishes, the homes are both stylish and comfortable. Enjoy popular amenities like an outdoor grilling area, and playgrounds, all in a setting that welcomes both cats and dogs.
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The Pointe at Midtown
Ask for price
835 Navaho Drive, Raleigh, NC 27609
(919) 626-3674
Contact for Availability
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
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Sommerset Place Apartments
$1,070
6717 Six Forks Road, Raleigh, NC 27615
(919) 289-8481
14 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Peaceful Serenity
Charming serenity in lush Raleigh setting.
Sommerset Place Apartments offers a peaceful retreat in Raleigh, where serene tree-lined streets meet modern living. With a classic style, residents enjoy a sense of tranquility, complemented by easy access to North Hills and Downtown Raleigh for endless entertainment options. Cats and dogs are welcome, adding to the community feel.
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5.0
Highland North Hills
$1,599
4140 Lassiter Mill Road, Raleigh, NC 27609
(336) 892-8774
Rent Savings
Top rated for Location
37 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Stainless steel, Walk in closets + more
Luxurious Living
Modern comfort in dynamic Raleigh location.
Highland North Hills offers a prime location in Raleigh's vibrant North Hills Main District, where shopping, dining, and entertainment are just steps away. The stunning design and luxurious finishes of the apartments ensure an elegant living experience. Enjoy the resort-style pool deck and eighth-floor terrace with breathtaking sunset views, perfect for unwinding. Both cats and dogs are welcome, making it a delightful home for pet lovers.
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The District
$995
1000 Navaho Drive, Raleigh, NC 27609
(814) 546-3495
13 units available
Studio • 2 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Parking, Recently renovated, Gym + more
Modern Oasis
Sleek renovated living with outstanding community amenities.
Experience modern living at The District, where renovated apartments offer a sleek and cozy sanctuary. Enjoy exceptional amenities, like a fitness center, pool, and dog park. Residents love the on-site management's professionalism and the convenient location near major highways.
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1110
$1,395
1110 McKimmon View Court, Raleigh, NC 27606
(984) 231-8110
1 unit available
2 bed
Amenities
In unit laundry, Some paid utils, and Internet access
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RidgeStone Apartments
$1,395
11031 Raven Ridge Road, Raleigh, NC 27614
(984) 250-0220
1 unit available
1 bed
Amenities
Granite counters, Dishwasher, Pet friendly, Parking, Stainless steel, and Pool
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511 Faye
$1,346
511 Fayetteville St, Raleigh, NC 27601
(984) 205-3082
Rent Savings
56 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Nest technology, Dishwasher, Pet friendly, Garage + more
Central Luxury
Luxury living in vibrant downtown Raleigh.
511 Faye offers an exceptional urban lifestyle with luxury amenities in the heart of downtown Raleigh. Residents enjoy modern and polished interiors, paired with stunning city views and a Skydeck pool. This pet-friendly high-rise provides seamless access to top dining and entertainment spots.
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District at 54
700 Corporate Center Drive, Raleigh, NC 27607
(919) 646-3115
$1,524+ moTotal price12-mo lease
Rent Savings
10 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Golf room, Patio / balcony, Dishwasher, Pet friendly, New construction + more
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Platform
$1,245
600 West Cabarrus Street, Raleigh, NC 27603
(762) 800-8494
72 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.
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5.0
Park Central
$1,165
200 Park at North Hills Street, Raleigh, NC 27609
(919) 899-2533
Rent Savings
Top rated for Location
“The building is incredibly fantastic. Could not be happier living there. My only issue has been a mechanical alarm that goes off next to my apartment but I think it's only the exact location of my apartment.”
16 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Nest technology, Patio / balcony, Granite counters, Hardwood floors + more
Luxury Living
Top-tier luxury in vibrant North Hills location.
Park Central is a pinnacle of luxury living, nestled in Raleigh's dynamic North Hills. With a favorable price advantage, it offers premium features including stunning views and modern design. Residents praise the exceptional amenities like the saltwater pool and comprehensive fitness center, alongside spacious, sun-drenched interiors perfect for relaxation.
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St. Albans Lofts
$1,082
600 Saint Albans Drive, Raleigh, NC 27609
(984) 265-7649
Rent Savings
221 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.
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5.0
The Line
$1,438
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.
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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 6 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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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

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?