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

820 rentals available

The Summit at Avent Ferry
$1,365
1025 Avent Hill, Raleigh, NC 27606
(919) 752-3706
11 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Waterfront Luxury
Enjoy serene waterfront living with luxury amenities.
The Summit at Avent Ferry offers idyllic waterfront living combined with luxurious amenities. Residents rave about the peaceful atmosphere and friendly community. With Lake Johnson nearby, you'll have easy access to scenic walking trails and outdoor activities. Adding to the appeal, top-notch amenities like a sparkling pool, state-of-the-art fitness center, and spacious dog park enhance your lifestyle.
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Olde Towne Residences
$1,234
2301 Ostracod Lane, Raleigh, NC 27610
(919) 823-3780
Rent Savings
26 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Vibrant Community
Modern living with exceptional amenities in Raleigh.
Olde Towne Residences offers a vibrant living experience with modern amenities like indoor and outdoor pools, a 24-hour fitness center, and a pristine game room. Situated in Raleigh, the property grants easy access to downtown's attractions and services. Residents enjoy spacious layouts with features such as private patios and wood flooring, perfect for comfortable living.
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The Row
$1,220
1021 South Saunders Street, Raleigh, NC 27603
(336) 827-9262
Rent Savings
83 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.
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5.0
Highland North Hills
$1,677
4140 Lassiter Mill Road, Raleigh, NC 27609
(336) 892-8774
Rent Savings
Top rated for Location
38 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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4.0
Centerview at Crossroads
$1,183
1310 Silver Sage Drive, Raleigh, NC 27606
(757) 992-9189
Rent Savings
Top rated for Location
“AC stopped working multiple times in the summer”
38 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Luxury Living
Luxury and convenience in one great location.
Centerview at Crossroads in Raleigh offers luxury living with an array of premium amenities. Residents enjoy the convenience of nearby shopping and dining, with easy access to major highways. The apartments are spacious, featuring vaulted ceilings and fireplaces that add charm and coziness.
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5.0
The Line
$1,379
500 North West Street, Raleigh, NC 27603
(919) 443-6820
Rent Savings
Top rated for Location
36 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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Earn up to $750 in Rent Credits!
$1,395
4917 Pebble Beach Drive, Raleigh, NC 27616
(984) 230-4546
1 unit available
2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Recently renovated + more
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2625 Stewart Drive
$1,250
2625 Stewart Drive, Raleigh, NC 27603
(984) 207-1352
1 unit available
2 bed
Amenities
W/D hookup, Granite counters, Dishwasher, Pet friendly, Recently renovated, Stainless steel + more
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515-wa
$1,050
515 Saint Marys Street, Raleigh, NC 27605
(984) 314-5725
1 unit available
1 bed
Amenities
Some paid utils
Prime Location
Central charm with modern amenities near downtown Raleigh.
Experience the vibrant lifestyle at 515 Saint Marys Street, ideally situated for easy access to downtown Raleigh's attractions. Residents appreciate the modern facilities, including a fitness center and communal spaces. The community atmosphere and excellent management team's dedication contribute to a delightful living experience.
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Warm up with great deals!!
$1,247
4808 Hoyle Drive, Raleigh, NC 27604
(984) 217-6862
1 unit available
2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Recently renovated + more
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1512CV
$1,250
1512 Collegeview Avenue, Raleigh, NC 27606
(984) 600-7507
1 unit available
2 bed
Amenities
In unit laundry
Convenient Living
Easy access to NCSU and downtown Raleigh.
Located at 1512 Collegeview Avenue, this property boasts easy access to NCSU and downtown Raleigh, ensuring convenience for both academia and city entertainment. With spacious bedrooms and an eat-in kitchen, it’s tailored for comfortable communal living. Two parking spaces per unit ensure residents and guests have ample parking at all times.
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The District
$995
1000 Navaho Drive, Raleigh, NC 27609
(814) 546-3495
4 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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3906 Lexington
$1,300
3906 Lexington Drive, Raleigh, NC 27606
(984) 370-5639
1 unit available
2 bed
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District at 54
700 Corporate Center Drive, Raleigh, NC 27607
(919) 646-3115
$1,374+ moTotal price12-mo lease
Rent Savings
12 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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4.5
Camellia
12203 Strickland Road, Raleigh, NC 27613
(984) 249-3283
$1,290+ moTotal price12-mo lease
Rent Savings
Top rated for Amenities
“Kimberlee and Brittany in the office are phenomenal. Bo and Frank I can honestly say are the best maintenance crew the only problem I have with the Lofts Is the Parking my suggestion would be to designate one reserved parking space in front of each building and if someone has a second car, designate an overflow area.”
13 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dogs allowed, Garage, Recently renovated + more
Serene Living
Enjoy quiet streets and nearby dining options.
Camellia offers a peaceful living environment with well-lit sidewalks perfect for strolls around the neighborhood. A nearby park with a 2.3-mile trail enhances the outdoor experience. With easy access to malls and numerous dining options, this location is truly convenient.
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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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The average rent for a 1 bedroom apartment in Raleigh is $1,480+, while the average rent for a 2 bedroom apartment is $1,856+. Rent rates updated 6 days ago

Studio: $1,392+Trending up
1 Bed: $1,480+Trending up
2 Beds: $1,856+Trending up
3+ Beds: $2,097+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 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
Hedingham
View 18 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 18 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

Neighborhoods

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Price

Amenities

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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

Hedingham

What it’s like to live in Hedingham

Great for

Neighborhood vibe

Cameron Village

What it’s like to live in Cameron Village

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?