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

Taryn at 401
$1,397
4114 Cascata Lane, Raleigh, NC 27603
(984) 342-4898
Rent Savings
55 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Modern Sophistication
Stylish living with endless amenities in Raleigh.
Taryn at 401 embodies modern sophistication with its brand-new apartments and stylish design. Residents enjoy high-quality finishes and a plethora of amenities such as a 9,000-square-foot clubhouse, fitness center, and stunning outdoor spaces. Conveniently located for easy access to downtown Raleigh, it's the perfect place to balance work, play, and relaxation.
Recently updated units
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Regatta at Lake Lynn
$1,085
3000 Inland Trail, Raleigh, NC 27613
(225) 412-7333
Rent Savings
37 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Lakeside Luxury
Renovated Retreat by Lake Lynn.
Regatta at Lake Lynn offers a retreat with scenic lakeside and trail access, perfect for nature enthusiasts. Residents can enjoy newly renovated homes with fireplaces and modern amenities. Pet owners will appreciate the on-site dog park for their furry companions.
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Verified listing
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4.5
Camellia
$1,290
12203 Strickland Road, Raleigh, NC 27613
(984) 249-3283
Rent Savings
Top rated for Amenities
“We love the neighborhood, absolutely adore the team and love living here”
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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Aventon Nora
$1,519
6301 Lakecrest Dr, Raleigh, NC 27609
(919) 646-3425
Rent Savings
46 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Resort Amenities
Stylish living with effortless convenience and modern comfort.
Aventon Nora provides residents with a modern, stylish retreat in North Raleigh. Featuring a plethora of amenities such as a two-story clubhouse, resort-style courtyard, and a state-of-the-art gym, this community invites relaxation and indulgence. Proximity to major thoroughfares ensures seamless access to the vibrant retail and dining options that enhance your lifestyle.
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North Hills at Town Center
$1,177
4625 Millbrook Green Dr, Raleigh, NC 27604
(919) 887-6103
19 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Luxury Lifestyle
Renovated elegance amidst vibrant Raleigh surroundings.
North Hills at Town Center Apartments offers a luxurious lifestyle with recently renovated interiors and top-notch amenities like a resort-style pool and a dog park. Experience comfort and convenience with spacious layouts and extra storage, making it a perfect home. Enjoy the vibrant Raleigh neighborhood, known for its walkability to restaurants, parks, and entertainment options.
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Anderson Hills
$1,240
231 Calibre Chase Drive, Raleigh, NC 27609
(919) 296-0232
12 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Convenient Location
Enjoy vibrant living near Raleigh hotspots.
Anderson Hills provides a serene living experience in a location known for its convenience. Enjoy proximity to shopping, dining, and the picturesque Raleigh Greenway for outdoor leisure. Amenities like a pool, 24-hour gym, and community garden ensure a fulfilling lifestyle.
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5.0
Town Triangle Crossing
$1,429
7901 Cheaha Dr, Raleigh, NC 27616
(510) 771-8979
Rent Savings
Top rated for Location
“amazing staff, amazing amenities 10/10”
38 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Pet friendly, Gym, Pool + more
Resort Living
Spacious, stylish living near city conveniences
Town Triangle Crossing offers a resort-like living experience with a wide range of luxurious amenities, including a pool, hot tub, and spa. Located conveniently near shopping centers and restaurants, the community ensures you have everything you need nearby. Cats and dogs are welcome, making this a desirable choice for pet owners.
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Solis Buffaloe
2500 Red Bartlett Way, Raleigh, NC 27616
(984) 224-7378
$1,480+ moTotal price12-mo lease
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Pet friendly, Stainless steel, Gym, Pool + more
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The Point
605 Halifax Street, Raleigh, NC 27604
(984) 646-0955
$1,348+ moTotal price15-mo lease
Rent Savings
11 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Stainless steel + more
Resort-Style Living
Downtown Raleigh’s unique boutique lifestyle residence.
The Point offers a truly unique living experience in downtown Raleigh. This exquisite boutique residence features a saltwater pool with a hotel bar service, creating a resort-like atmosphere right at home. Residents commend the sophisticated design and excellent amenities, making it a delightful place to unwind and socialize. With proximity to numerous parks, restaurants, and transit options, convenience is at your doorstep.
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Mira
121 Kindley Street, Raleigh, NC 27601
(984) 368-4851
$1,306+ moTotal price12-mo lease
Rent Savings
76 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Location
Ideal Living in Downtown Raleigh
Nestled in the heart of Downtown Raleigh, Mira offers residents unbeatable proximity to restaurants, shopping, and entertainment. This smoke-free community features modern design and smart home technology in every apartment. Enjoy premium amenities, including a resort-style saltwater pool and a 24-hour fitness center with Peloton bikes. Both dogs and cats are warmly welcome at Mira, accommodating all pet lovers.
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ABODE at Hargett Townhome
554 East Hargett Street, Raleigh, NC 27601
(984) 315-6206
$3,325 moTotal price12-mo lease
Rent Savings
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Stainless steel + more
Urban Living
Prime Downtown Location with Modern Design
ABODE at Hargett Townhome offers a premium urban living experience right in downtown Raleigh. Residents love the blend of modern design and high-quality finishes, perfect for both relaxation and entertainment. This pet-friendly community boasts exceptional access to dining and entertainment, alongside a friendly and responsive management team.
Recently updated units
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The Miles
10 West Franklin Street suite 110, Raleigh, NC 27604
(984) 646-6724
$1,459+ moTotal price12-mo lease
Rent Savings
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Parking, Stainless steel + more
Dynamic Amenities
Enjoy vibrant downtown living in stylish comfort.
The Miles offers a vibrant lifestyle in downtown Raleigh with easy access to a plethora of dining and entertainment options. This property boasts an array of modern amenities, including a fitness center and rooftop lounge. Residents cherish the friendly community atmosphere and responsive management, making it an ideal choice for those seeking convenience and luxury.
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The Keaton at Brier Creek
3930 Macaw Street, Raleigh, NC 27617
(984) 223-9497
$1,441+ moTotal price16-mo lease
19 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Luxury Amenities
Elegantly Designed with Prime Amenities and Convenience
The Keaton at Brier Creek offers a sophisticated living experience with luxurious apartment features and an impressive array of amenities. Residents enjoy a pet-friendly environment, including a dog park, as well as conveniences such as in-unit laundry. Located with easy access to local highways, you’ll find countless dining and entertainment options within a mile.
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The Signal
721 Halifax Street, Raleigh, NC 27604
(919) 629-0807
$1,248+ moTotal price12-mo lease
Rent Savings
36 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Stainless steel, Gym + more
Modern Comfort
Sophisticated living near downtown Raleigh's vibrant scene.
The Signal offers an exceptional lifestyle with its modern and sophisticated apartment homes situated in downtown Raleigh. Residents enjoy the convenience of being close to restaurants and shops, along with top amenities like a saltwater pool and a state-of-the-art fitness center. Worth mentioning is the pet-friendly atmosphere, making it a perfect haven for pet owners, offering both a pet spa and pet-friendly policies for cats and dogs.
Recently updated units
Verified listing
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5.0
400H Apartments
9 N Harrington St, Raleigh, NC 27603
(984) 205-2597
$1,620+ moTotal price15-mo lease
Rent Savings
Top rated for Location
“Management and concierge teams are always on top of things and willing to assist with anything needed. Building management is very quick to address any issues within the property. I also cannot forget to mention that they are always promoting events for the residents, which are usually very well planned.”
28 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Gym, Pool, Ceiling fan + more
Urban Luxury
Experience high-end living in Downtown Raleigh.
400H Apartments offer a luxurious lifestyle in the vibrant heart of Downtown Raleigh. With an array of amenities, including a state-of-the-art gym and yoga studio, residents experience comfort and convenience daily. Located in a thriving neighborhood, there's always something new to explore, from parks to restaurants.
Recently updated units
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Level at 401
5721 Goodstone Drive, Raleigh, NC 27616
(919) 726-3389
$1,220+ moTotal price15-mo lease
Rent Savings
40 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, Parking + more
Sophisticated Living
Upscale comfort near Triangle Town Center.
Level at 401 offers a pet-friendly lifestyle in Raleigh with modern amenities and spacious layouts. Residents love the quick access to highways, shopping centers, and schools. The friendly community and helpful staff make living here a joy, while the area provides plenty of dining and entertainment options within a mile.
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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 3 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

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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

Taryn at 401

Regatta at Lake Lynn

Camellia

Aventon Nora

North Hills at Town Center

Anderson Hills

Town Triangle Crossing

Solis Buffaloe

The Point

Mira

ABODE at Hargett Townhome

The Miles

The Keaton at Brier Creek

The Signal

400H Apartments

Level at 401

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?