110 Condos for rent in Raleigh, NC

Last updated July 20 at 2:33am UTC
1925 Gorman Street
Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
2 Bedrooms
$1,095
400 W North Street
Downtown Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
2 Bedrooms
$2,250
5313 Echo Ridge Road
Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
2 Bedrooms
$1,395
400 W North Street
Downtown Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
1 Bedroom
$1,725
10839 Laurnet Place
Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
3 Bedrooms
$1,595
2352 Champion Court
Raleigh
Raleigh, NC
Updated July 20 at 2:32am UTC
2 Bedrooms
$950
3909 Swinton Street
Raleigh
Raleigh, NC
Updated July 19 at 10:28pm UTC
2 Bedrooms
$1,175
2938 Berkeley Springs Place
Raleigh
Raleigh, NC
Updated July 19 at 10:28pm UTC
3 Bedrooms
$1,295
1221 Twin Branches Way
Raleigh
Raleigh, NC
Updated July 19 at 6:37pm UTC
2 Bedrooms
$1,800
1000 Nicholwood Drive
Brooklyn
Raleigh, NC
Updated July 19 at 10:34am UTC
1 Bedroom
$1,050
4404 Nicolas Place
Raleigh
Raleigh, NC
Updated July 19 at 10:34am UTC
3 Bedrooms
$1,450
10421 Rosegate Court
Brier Creek Country Club
Raleigh, NC
Updated July 19 at 10:33am UTC
2 Bedrooms
$1,600
1331 Crab Orchard Drive
Raleigh
Raleigh, NC
Updated July 19 at 10:33am UTC
4 Bedrooms
$1,300
9908 Marni Court
Brier Creek Country Club
Raleigh, NC
Updated July 19 at 6:24am UTC
2 Bedrooms
$1,350
8313 Martello Lane
Raleigh
Raleigh, NC
Updated July 19 at 6:23am UTC
2 Bedrooms
$1,250
4326 Halliwell Drive
Raleigh
Raleigh, NC
Updated July 19 at 2:45am UTC
3 Bedrooms
$1,200
1420 Crafton Way
Wade
Raleigh, NC
Updated July 19 at 2:44am UTC
3 Bedrooms
$1,795
9808 Cicero Drive
Brier Creek Country Club
Raleigh, NC
Updated July 19 at 2:44am UTC
2 Bedrooms
$1,500
2682 Broad Oaks Place
Raleigh
Raleigh, NC
Updated July 19 at 2:44am UTC
2 Bedrooms
$1,295
4655 Townesbury Lane
Raleigh
Raleigh, NC
Updated July 19 at 10:34am UTC
2 Bedrooms
$1,200
2227 Bernard Street
Raleigh
Raleigh, NC
Updated July 19 at 10:34am UTC
2 Bedrooms
$1,195
3555 Mill Run
Raleigh
Raleigh, NC
Updated July 19 at 10:34am UTC
2 Bedrooms
$1,195
8618 Thunderwood Drive
Raleigh
Raleigh, NC
Updated July 18 at 10:32pm UTC
3 Bedrooms
$1,525
3000 Centennial Woods Drive
Raleigh
Raleigh, NC
Updated July 20 at 2:33am UTC
4 Bedrooms
$525

July 2018 Raleigh Rent Report

Welcome to the July 2018 Raleigh Rent Report. Raleigh rents increased over the past month. In this report, we'll evaluate trends in the Raleigh rental market, including comparisons to cities throughout the state and nation.

View full Raleigh Rent Report
Rent Report
Raleigh

July 2018 Raleigh Rent Report

Welcome to the July 2018 Raleigh Rent Report. Raleigh rents increased over the past month. 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 0.6% over the past month, but have been relatively flat at 0.3% in comparison to the same time last year. Currently, median rents in Raleigh stand at $970 for a one-bedroom apartment and $1,130 for a two-bedroom. This is the fourth straight month that the city has seen rent increases after a decline in February. Raleigh's year-over-year rent growth lags the state average of 1.0%, as well as the national average of 1.4%.

Rents rising across cities in North Carolina

Throughout the past year, rents have remained steady in the city of Raleigh, but other cities across the entire state have seen rents increase. Of the largest 10 cities that we have data for in North Carolina, all of them have seen prices rise. The state as a whole logged rent growth of 1.0% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Cary is the most expensive of all North Carolina's major cities, with a median two-bedroom rent of $1,240; of the 10 largest North Carolina cities that we have data for, all have seen rents rise year-over-year, with Wilmington experiencing the fastest growth (+3.3%).
  • Winston-Salem, High Point, and Greensboro have all experienced year-over-year growth above the state average (3.3%, 2.4%, and 2.4%, respectively).

Raleigh rents more affordable than many large cities nationwide

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

  • Raleigh's median two-bedroom rent of $1,130 is slightly below the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the stagnant growth in Raleigh.
  • While rents in Raleigh remained moderately stable this year, similar cities saw increases, including Phoenix (+2.3%), Atlanta (+1.9%), and Miami (+1.8%); note that median 2BR rents in these cities go for $1,040, $1,180, and $1,370 respectively.
  • Renters will find more reasonable prices in Raleigh than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than two-and-a-half times the price in Raleigh.

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.