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Raleigh, NC: 333 apartments available for rent

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Last updated June 28 at 1:45AM
Leigh House
2421 Landmark Dr
Raleigh, NC
Updated June 23 at 12:04AM
1 Bedroom
$920
2 Bedrooms
$1,545
Sojourn Lake Boone
3712 Horton St
Raleigh, NC
Updated June 23 at 12:04AM
1 Bedroom
$1,629
2 Bedrooms
$1,702
3 Bedrooms
$2,060
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City Guide
Raleigh
Things to Consider:

The Drive.

This is the kind of city where, if you got around on foot, someone would pull over and ask if your car broke down. While that speaks to this city’s southern hospitality, it’s more important to note that you will need a car to get by around here. With that in mind, you can shorten your commute by living near work, or settling into an apartment near the Belt Line (I-440) or the newly constructed parts of I-540. Traffic never gets too congested, and parking is plentiful, even downtown.

Carolina ‘Skeeters.

Mosquitoes, ‘skeeters, call them what you will, these pesky little blood suckers like to hang out in pines and ponds all summer long. So, if you’re one of those people with particularly delicious blood that always gets eaten up, beware of beautiful pond views in woodsy apartments.

Pet Lovers.

I dare you to try and find an apartment that doesn’t allow pets. Many places will charge a pet rent, but it should only be an extra 20 – 30 dollars a month.

Outdoors Enthusiasts.

There is an unbelievable amount of parks, greenways, and lakes located in this city, even in the more urban areas. North Carolina has near perfect weather, and you will want to be outside most of the year, so make sure you’ll have an easy, go-to neighborhood spot.

Fridays.

First Fridays, Second Fridays, and Final Fridays are celebrated all around Raleigh and neighboring suburban towns with artists markets, outdoor concerts, and general artistic awesomeness. Be sure to check out what’s going on in your neighborhood on a Friday night.

Raleigh Rundown:

Raleigh is split into two main areas: inside the Belt Line and outside the Belt Line. Inside the Belt Line, you will find artsy urban hubs, sky scrapers, and, of course, the capital. There are also quaint suburban-style areas with small duplexes and house rentals. The area outside the belt line goes from suburban to rural, with many tight-knit, individual communities chock-full of Carolina character.

Inside the Belt Line

  • Capital. This district is where business gets done, where history evolves, and where the people of North Carolina rub shoulders with state lawmakers. There are great apartments for both swanky young hipsters and old timer urbanites. Unassuming buildings hold surprisingly spacious rooms of modern design and awesome skyline views.

  • Fayetteville Street. Also known within North Carolina as Main Street, this area has undergone a renaissance resulting in quite the enjoyable downtown ecosystem. In 2006, the pedestrian mall was replaced by a traditional street lined with wide sidewalks, public art, & outdoor cafes. Residents can enjoy the Fayetteville Street Farmers Market for their homegrown, straight-from-the-farm fix.

  • Glenwood South. Live here if you enjoy dancing, live music, shopping, and an all around eclectic atmosphere. Shopaholics can delight in the Designer’s Downtown Market, and those seeking a sleek, modern home will be able to choose from luxury lofts and apartments, as well as newly built condos located above restaurants, shopping, and even dance clubs. There are also a couple of luxury apartment projects currently under construction, which will include central open-air courtyards that provide the beauty of a protected urban park.

  • Moore Square. Cobblestone streets, old lampposts, art galleries, an urban park, and a giant copper acorn make this district downright adorable during the day. At night, local pubs teeming with live music and good old beer-swilling soul create a distinct nightlife character that you should be so lucky to enjoy. The perks of living here would be the obvious: it’s scenic, fun, walkable, & in a convenient location. But, on top of that, this district hosts a First Friday, as well as the Artsplosure Festival, and the World Beer Festival. Naturally, a young and energetic crowd has invaded this popular entertainment district, so be prepared to battle for these highly sought-after rentals.

  • Warehouse District. Old warehouses and historic buildings, dance clubs, BBQ at the Pit, and the Cuegrass Festival are the main attractions here. If you like pure urban living, then these rows of massive warehouses and brick buildings will make a hipster feel at home.

  • Other popular neighborhoods inside the Belt Line include Boylan Heights, Cameron Park, Mordecai, Glenwood-Brooklyn, Coley Forest, Five Points, and Historic Oakwood.

Outside the Belt Line

  • Midtown. Located just north of the Belt Line, this is a sprawling area of parks and greenways, shopping, and convenient suburban living.

  • Uptown. This is an enclave of rural country land a bit farther north. The popular New Hope and Wilder’s Grove neighborhoods are located here.

  • West. Home to North Carolina State University and Meredith College, this area attracts a large student and intellectual population. It also features many scenic parks and old churches.

  • North. Far north, you will find an expansive suburban area full of both historic homes and newer architecture. There are plenty of large shopping areas for work or pleasure, as well as many scenic neighborhoods, such as Bier Creek, Wakefield, and Stonehenge.

  • South. South of the Belt Line, you will find the least populated area of Raleigh. This area is easy on the eyes, with those wide-open spaces that many people so often crave. Apartments here are simply adorable, with single-story ranch house settings, cottage communities, and townhomes that match the charm of these southern neighborhoods. The eastern section features many historical communities that date back to the civil war. It is bordered to the west by the popular suburban city of Cary, worth checking out for their monthly art crawl.

After You Settle In

Take a deep breath, there’s something in the air that keeps people coming this way. Take a ride around the country-side under Carolina blue skies and then head on to downtown entertainment. It’s time to celebrate your new home in the City of Oaks.

Rent Report
Raleigh

June 2017 Raleigh Rent Report

Welcome to the June 2017 Raleigh Rent Report. In this report, we'll evaluate trends in the Raleigh rental market, including comparisons to cities throughout the state and nation.

Raleigh rents increase sharply over the past month

Raleigh rents have increased 1.1% over the past month, and are up moderately by 2.9% in comparison to the same time last year. Currently, median rents in Raleigh stand at $960 for a one-bedroom apartment and $1,110 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in January. Raleigh's year-over-year rent growth lags the state average of 3.8%, but exceeds the national average of 2.6%.

Rents rising across cities in North Carolina

Throughout the past year, rent increases have been occurring not just in the city of Raleigh, but across the entire state. Of the largest 10 cities that we have data for in North Carolina, 9 of them have seen prices rise. North Carolina as a whole has logged a 3.8% year-over-year growth. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the rest of the state, Charlotte is the most expensive of all North Carolina's major cities outside the Raleigh metro, with a median two-bedroom rent of $1,100; of the 10 largest cities in the state that we have data for, High Point, where a two-bedroom goes for $800, is the only major city to see rents fall year-over-year (-1.7%).
  • Fayetteville, Charlotte, and Greenville have all experienced year-over-year growth above the state average (5.3%, 4.3%, and 4.3%, respectively).

Raleigh rents more affordable than many other large cities nationwide

Rent growth in Raleigh has been relatively stable over the past year - some other large cities have seen more substantial increases, while in a few cases, rents have actually declined. Raleigh is still more affordable than most similar cities across the country.

  • Raleigh's median two-bedroom rent of $1,110 is below the national average of $1,150. Nationwide, rents have grown by 2.6% over the past year.
  • While rents in Raleigh remained moderately stable this year, similar cities saw increases, including Seattle (+5.2%), Phoenix (+4.9%), Dallas (+3.2%); note that median 2BR rents in these cities go for $1,660, $1,020, and $1,090 respectively.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.

Raleigh Renter Confidence Survey
National study of renter confidence in the economy, homeownership, and cities
Here's how Raleigh ranks on:
A Overall satisfaction
A- Safety and crime rate
A Jobs and career opportunities
A Recreational activities
A- Affordability
B Quality of schools
A Weather
B+ Commute time
B+ State and local taxes
C- Public transit
A Pet-friendliness
Best Worst
Full data available when viewing on a non-mobile device.
Overview of Findings

Apartment List has released results for Raleigh from the second annual Apartment List Renter Satisfaction Survey. The survey, which drew on responses from over 30,000 renters, provides insight into what states and cities must do to meet the needs of the 105 million American renters nationwide.

“According to our results, Raleigh renters are well satisfied with their city,” says Andrew Woo, Director of Data Science at Apartment List. “They rated most categories with average or above average scores.”

Key findings in Raleigh include the following:

  • Raleigh renters give their city an A overall for satisfaction.
  • The highest-rated categories for Raleigh included local jobs and career opportunities (A) and pet-friendliness (A).
  • Renters here seem to be generally satisfied with safety (A-), affordability/cost of living (A-), and the quality of local schools (B).
  • Raleigh renters seem to be the most dissatisfied with access to public transit (C-).
  • Millennial renters are especially satisfied with Raleigh, giving the city an A+ overall from this particular subset of renters.
  • Raleigh renters are slightly more satisfied than renters in Charlotte (A), though both cities rank very well. Raleigh renters also exhibit greater satisfaction than renters in other similarly-sized cities such as Colorado Springs, CO (B-) and Miami, FL (C-).
  • The top rated cities nationwide for renter satisfaction included Arlington, VA; Lincoln, NE; Pasadena, CA; Boston, MA; and Madison, WI. The lowest rated cities included Newark, NJ; Bronx, NY; Bridgeport, CT; Baltimore, MD; and Salinas, CA.

Renters say:

  • “Raleigh has so much to offer. From our quaint downtown area to our cozy neighborhoods, there is something for everyone here. The reason I moved here in the first place is because of the great job opportunities Raleigh has to offer, and I was not disappointed.” —Kristin G.
  • “I only have good things to say about Raleigh, NC, so here is a list of the things I love: Friendly Community, Hometown Pride, Clean Downtown Area with Parks, Tech Savvy, Lots of Job Opportunities, Great Variety of Quality Restaurants, Perfect Location Between Coast and Mountains, Lots of Great Nightlife, Great Education, Surrounded by Other Amazing Cities.” —Jeremiah B.
  • “I think there needs to be more focus on mass transit. Raleigh is a growing city and could use more bus service and a light rail. I think it would massively improve the lives of its residents.” —Emily S.
  • “Very poor public transit, not able to walk to many things.” —Jill J.