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

842 rentals available

Madison Wakefield
$1,246
11100 Madison Elm Lane, Raleigh, NC 27614
(919) 823-5552
Rent Savings
20 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Suburban Serenity
Peaceful suburban retreat with modern amenities.
Madison Wakefield offers a serene suburban experience just outside of Raleigh. Enjoy modern apartments complemented by amenities such as a salt-water pool and fitness center. Located near schools, parks, restaurants, and a Harris Teeter grocery store, convenience is at your doorstep.
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Seasons at Umstead
$1,189
8531 Summersweet Ln, Raleigh, NC 27612
(209) 665-3231
Rent Savings
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Elegant Living
Modern haven close to parks and amenities.
Experience elegance at Seasons at Umstead, located in charming Raleigh. Enjoy modern amenities like granite countertops, a pool, and a gym, with the bonus of easy access to Umstead State Park. Cats and dogs are welcome, ensuring a perfect home for pet lovers.
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Lynnwood Park
$905
6200 North Hills Drive, Raleigh, NC 27609
(585) 653-3442
Rent Savings
14 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Recently renovated + more
Prime Location
Upscale living with unbeatable value in Raleigh.
Discover the luxurious charm of Lynnwood Park in Raleigh. This exclusive community offers cost-effective rental opportunities as it is priced significantly below the metro average. Residents cherish the exquisite management and ample amenities, including a gym, pool, and tennis court. Embrace the vibrant setting complete with close proximity to schools, parks, and versatile transportation options.
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The Residences at Glenwood Place
$1,332
3711 Exchange Glenwood Place, Suite 1000, Raleigh, NC 27612
(919) 737-7511
Rent Savings
38 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Google fiber, Nest technology, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Luxurious Living
Convenience and Elegance in Heart of Raleigh
The Residences at Glenwood Place offers superior luxury living at the center of Raleigh's vibrant culture and entertainment scene. Delight in top-notch amenities like a saltwater pool and a state-of-the-art fitness center. Enjoy pet-friendly perks, with both dogs and cats allowed, adding to the inclusive and welcoming atmosphere.
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Affordable Housing - Luxury Apartments at Foxwood
$1,243
6701 Fox Road, Raleigh, NC 27616
(314) 375-4347
Rent Savings
32 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Pet-friendly haven with luxurious amenities in Raleigh.
Foxwood Apartments in Raleigh offer a pet-friendly environment with two dog parks, perfect for furry companions. Enjoy convenient access to shopping, dining, and major highways. Residents love the spacious, modern apartments featuring high-end finishes and responsive management.
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Affordable Housing - Litchford 315 Apartments
$1,092
6320 Dowd Forest Drive, Raleigh, NC 27615
(919) 568-5719
Rent Savings
18 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Amenities
Luxury living with fantastic amenities in North Raleigh.
Litchford 315 Apartments in North Raleigh offer a lifestyle of luxury and convenience. Residents enjoy spacious, modern amenities including a resort-style pool, 24-hour gym, and inviting game lounge. Dogs and cats are welcome, and a dog park is on-site for furry residents.
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4.0
Centerview at Crossroads
$1,220
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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Allister North Hills
$1,439
430 Allister Dr, Raleigh, NC 27609
(812) 591-5535
Rent Savings
30 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Lush Living
Live amid lush landscapes in Midtown Raleigh.
Discover Allister North Hills, where classic garden-style architecture blends seamlessly with modern, high-end features. Just a short walk away, experience the excitement of the nearby North Hills shopping district. This property goes above and beyond with lavish amenities such as two saltwater pools, a well-equipped gym, and a state-of-the-art movie room. Pet owners will particularly enjoy the dog-friendly environment, complete with a grooming station and dog park.
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Brookefield
$1,149
2400 Cluette Dr, Raleigh, NC 27615
(919) 568-1157
10 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Dishwasher, Pet friendly, Walk in closets, 24hr gym + more
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The Lincoln Apartments
$1,329
408 East Hargett Street, Raleigh, NC 27601
(919) 338-5423
Rent Savings
13 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, New construction, Garage + more
Prime Location
Luxury living in vibrant Downtown Raleigh.
Experience a vibrant lifestyle at The Lincoln Apartments, located in the heart of Downtown Raleigh. Renowned for its ideal location, residents enjoy seamless access to city's top attractions. A pet-friendly community, it offers an array of amenities, including a refreshing pool and a cozy clubhouse.
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Affordable Housing - Central on the Green Apartment Homes
$1,080
2904 Calvary Drive, Raleigh, NC 27604
(773) 694-1434
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Renovated Comfort
Meticulously renovated apartments near vibrant amenities
Central on the Green Apartment Homes offers a welcoming community with beautifully renovated apartments designed for comfort and style. Nestled in a convenient Raleigh location, residents enjoy easy access to dining, shopping, and public transportation. Dog owners will love the on-site dog park, and the clean, quiet surroundings make for a peaceful living experience. With a vibrant mix of nature and city life nearby, this property is a great choice for those seeking modern living with excellent amenities.
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Madison Hunters Glen
$979
100 Hunt Club Lane, Raleigh, NC 27606
(919) 504-5741
Rent Savings
15 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Pet Paradise
Conveniently located with excellent pet-friendly amenities.
Madison Hunters Glen offers an inviting pet-friendly community in Raleigh, where cats and dogs are welcome. Enjoy a range of fantastic amenities including a dog park, a refreshing pool, and a spacious patio. Located just minutes away from major highways, this property provides easy access to shopping, dining, and entertainment options for a vibrant lifestyle.
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Laurel Springs
$1,218
500 Bridle Ridge Lane, Raleigh, NC 27609
(919) 504-5414
Rent Savings
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Parking + more
Convenient Access
Prime Raleigh location near shops and highways.
Laurel Springs boasts a prime location in Raleigh’s Midtown District, providing residents with convenient access to I-540, I-440, and I-40. The community is near shopping, dining, and entertainment options, offering a dynamic and lively local atmosphere. Residents appreciate the spacious, well-maintained apartments featuring cozy fireplaces and private patios or balconies.
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Sommerset Place Apartments
$995
6717 Six Forks Road, Raleigh, NC 27615
(919) 289-8481
15 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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Ashley Park in Brier Creek
$1,113
10300 Pine Lakes Court, Raleigh, NC 27617
(936) 241-7707
28 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Prime Locale
Prestigious Raleigh community with fantastic amenities.
Discover comfort at Ashley Park in vibrant Brier Creek, Raleigh. Residents praise the spacious apartments with large sunrooms and patios. Enjoy quick access to nearby shopping and dining, paired with resort-style amenities like a pool and fitness center. For pet lovers, cats and dogs are welcome!
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5.0
Regency Place
$1,054
6210 Saint Regis Circle, Raleigh, NC 27606
(919) 289-8120
Top rated for Location
14 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Resort-Style Living
Stunning location with luxurious amenities.
Regency Place offers a resort-style living experience, complete with a pool, gym, and dog park. Residents love the modern features like stainless steel appliances and granite countertops, all in a recently renovated space. The convenient location provides easy access to major highways, shopping, and local attractions.
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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 5 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

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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

Madison Wakefield

Seasons at Umstead

Lynnwood Park

The Residences at Glenwood Place

Affordable Housing - Luxury Apartments at Foxwood

Affordable Housing - Litchford 315 Apartments

Centerview at Crossroads

Allister North Hills

Brookefield

The Lincoln Apartments

Affordable Housing - Central on the Green Apartment Homes

Madison Hunters Glen

Laurel Springs

Sommerset Place Apartments

Ashley Park in Brier Creek

Regency Place

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?