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

4.0
Sumter Square
$980
613 Charleston Road, Raleigh, NC 27606
(850) 204-4942
Top rated for Amenities
“Overall Sumter apts. are a good place live”
15 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Walk in closets, Gym + more
Convenient Access
Unmatched access to Raleigh and Cary hotspots.
Sumter Square offers an excellent blend of location and amenities. Situated between Raleigh and Cary, it provides convenient access to shopping centers, universities, and scenic parks. The property stands out with a comprehensive range of facilities including pools, a gym, and a dedicated dog park.
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Fairgate Apartments
$1,715
8924 Langwood Drive, Raleigh, NC 27613
(919) 336-1837
Rent Savings
4 units available
2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Parking, Recently renovated, Stainless steel + more
Southern Charm
Raleigh's serene living with classic style.
Fairgate Apartments offers the epitome of southern charm in Raleigh. Residents love the peaceful environment and commend the maintenance team's responsiveness. Located conveniently close to shopping and dining, you'll enjoy modern comforts with historic appeal.
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4.0
Shellbrook
$1,425
910 Shellbrook Court, Raleigh, NC 27609
(919) 289-8495
Rent Savings
Top rated for Location
“Things not liked there is no storage. Could use more bathroom fixtures. Could use some more closets.other than that it’s a nice place to live .”
10 units available
1 bed • 2 bed
Amenities
W/D hookup, Putting green, Patio / balcony, Dishwasher, Pet friendly, Walk in closets + more
Midtown Gem
Cost-effective living with vibrant local amenities.
Shellbrook Apartments in Raleigh offers the perfect balance of city living and community comfort. Located in Midtown, it's just minutes away from vibrant dining and shopping scenes at North Hills and Crabtree Valley Mall. Enjoy scenic walking trails, a stocked lake, and pet-friendly amenities like a dog park and wash station. Residents rave about the friendly staff, creating a welcoming environment for all.
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Montecito West
$1,125
1313 Hardimont Road, Raleigh, NC 27609
(919) 335-4005
Rent Savings
12 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Recently renovated, Gym, Tennis court + more
Pet Haven
Perfect blend of comfort and community.
Montecito West offers a fantastic location with great community amenities in the heart of Raleigh. Residents love being within walkable distance to parks, grocery stores, and various dining options. The property boasts ideal conveniences for pet owners, featuring a dog park and pet-friendly spaces.
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Green Meadows
$1,095
4219 Brockton Drive, Raleigh, NC 27604
(859) 654-0663
5 units available
1 bed • 2 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Walk in closets, Pool, Air conditioning + more
Serene Lifestyle
Quiet charm with modern amenities in Raleigh.
Green Meadows offers a serene lifestyle with lush, well-maintained grounds and a friendly atmosphere. Residents enjoy spacious apartments with private patios or balconies, perfect for relaxation. Conveniently located near major highways, shopping, and entertainment, the community ensures easy access to all Raleigh has to offer. Pet-friendly and featuring amenities like a pool and playground, it's a delightful home for pet owners and families.
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Mayfaire Apartments
$1,320
7813 Mayfaire Crest Lane, Raleigh, NC 27615
(919) 336-0301
Rent Savings
8 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Recently renovated, Stainless steel + more
Perfect Locale
Convenient Raleigh living steps from dining and shops.
Discover Mayfaire Apartments where modern renovations meet perfect location. Situated in North Raleigh, enjoy walkable access to shopping and renowned dining like Gonza Tacos y Tequila. With both dogs and cats allowed, it's truly a welcoming home for pet owners.
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Hunting Ridge
$1,175
1019 Fox Hunt Lane, Raleigh, NC 27615
(919) 694-6611
Rent Savings
7 units available
1 bed • 2 bed • 3 bed
Amenities
W/D hookup, Patio / balcony, Pet friendly, Recently renovated, Stainless steel, Walk in closets + more
Ideal Location
Convenient Raleigh living with modern flair.
Discover the perfect blend of style and accessibility at Hunting Ridge Apartments. Located in North Raleigh, you are minutes from Lafayette Village, Piper's Tavern, and Lifetime Fitness. Enjoy luxurious amenities like stainless steel appliances and spacious layouts, alongside the leisure of a well-maintained saltwater pool and fitness center.
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Shamrock
$1,279
740 Smallwood Dr #17, Raleigh, NC 27605
(919) 646-5856
3 units available
1 bed
Amenities
On-site laundry, Patio / balcony, Pet friendly, 24hr maintenance, Parking, Walk in closets + more
Prime Location
Pet-friendly haven near downtown and universities
Discover Shamrock Apartments, a delightful community offering a vibrant living experience near the heart of Raleigh. With its unbeatable location close to Village District Shopping Center, dining establishments, and downtown, convenience is at your doorstep. Enjoy spacious units that allow both cats and dogs, complemented by extra storage and inviting courtyards. Residents speak highly of the friendly and responsive management team, enhancing a welcoming community atmosphere.
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Moses Court
$1,150
900 Moses Court, Raleigh, NC 27604
(252) 888-2643
2 units available
1 bed • 2 bed
Amenities
On-site laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Pet Paradise
Charming haven near parks and transit
Moses Court stands as a delightful residence for pet lovers, offering an inviting environment with both cats and dogs welcome. Its location in Raleigh affords easy access to local parks, perfect for outdoor enthusiasts and their furry companions. Residents highlight the small, close-knit community vibe and celebrate the attentive, familial property staff.
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Berkshire Village District
$1,267
2128 Clark Ave, Raleigh, NC 27605
(620) 337-3661
Rent Savings
16 units available
Studio • 1 bed • 2 bed
Amenities
Granite counters, Pet friendly, Garage, Stainless steel, Walk in closets, Gym + more
Prime Location
Exceptional access to dining and retail delights.
Berkshire Village District is ideally positioned for urban convenience. With easy walking access to a variety of restaurants, coffee shops, and grocery stores, daily errands become a delight. Residents enjoy sophisticated living with features like granite countertops and stainless steel appliances. The pet-friendly community boasts standout amenities, including a saltwater pool and a fitness center.
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5.0
Link Apartments Glenwood South
$1,191
202 North West Street, Raleigh, NC 27603
(919) 249-7284
Rent Savings
Top rated for Location
“great staff, effective tour”
19 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Urban Oasis
Luxury amenities in a vibrant downtown location.
Link Apartments Glenwood South offers a vibrant downtown Raleigh lifestyle with luxury amenities. Enjoy modern designs with ample natural light and pet-friendly policies, including an on-site dog park. Residents appreciate the prime location with easy access to shopping, dining, and public transportation.
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Overture Centennial 55+ Active Adult Apartment Homes
600 Bilyeu Street, Raleigh, NC 27606
(919) 944-8450
$1,765+ moTotal price12-mo lease
Rent Savings
senior
6 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Cable included + more
Resort Amenities
Resort-style living in a vibrant community setting.
Experience the charm and allure of Overture Centennial, designed for a vibrant 55+ active adult lifestyle. Enjoy beautifully crafted residences and resort-inspired amenities such as a pool, gym, and clubhouse, all within close proximity to parks and upscale restaurants. Residents speak highly of the modern apartments and responsive management, creating a welcoming and well-maintained environment.
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Everly on 401
7010 Fox Carriage Drive, Raleigh, NC 27616
(417) 574-4287
$1,104+ moTotal price15-mo lease
Rent Savings
23 units available
1 bed • 2 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Stainless steel + more
Modern Oasis
Tranquil living in Raleigh's vibrant locale.
Everly on 401 offers modern living spaces with contemporary finishes and exceptional amenities, including a resort-style pool and fitness center. Its proximity to I-540 and Triangle Town Center provides easy access to shopping, dining, and entertainment. With both dogs and cats allowed, it's a pet-friendly haven offering tranquility in North Raleigh.
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Adara Alexander Place
$1,379
7610 Aura Loop, Raleigh, NC 27617
(220) 888-7491
Rent Savings
16 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, 24hr maintenance, Garage + more
Luxury Lifestyle
Stylish community with top-tier amenities in desirable Raleigh area.
Adara Alexander Place offers a luxurious living experience with its modern one, two, and three-bedroom apartments. The well-maintained amenities such as a stunning pool and dog park are greatly valued by residents. Located in the serene Brier Creek area, it offers a blend of peaceful surroundings and easy access to shopping and transportation.
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Exceptional Value in a Prime Location — Tour Today
$1,097
701 Buck Jones Road, Raleigh, NC 27606
(984) 279-7470
5 units available
2 bed
Amenities
W/D hookup, Granite counters, Dishwasher, Pet friendly, Recently renovated, Stainless steel + more
Modern Comfort
Newly renovated apartments with premium, stylish features.
South Valley Apartments offer newly renovated units with top-tier modern amenities like stainless steel appliances, granite countertops, and a farmhouse sink. With a pet-friendly policy, both cats and dogs are welcome. Enjoy serene creek views and charming brick accent walls, all while being conveniently located near NC State University and various shopping centers.
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Leigh House
2421 Landmark Dr, Raleigh, NC 27607
(919) 336-0140
$1,185+ moTotal price12-mo lease
Rent Savings
14 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Upscale, vibrant location with modern amenities.
Leigh House in Raleigh offers luxury at every turn with its vibrant, modern environment. The property boasts a wealth of amenities such as a sparkling swimming pool, gym, and gorgeous outdoor spaces. Residents benefit from walkable access to grocery stores, restaurants, and parks, alongside excellent transport links for seamless commuting.
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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

Neighborhoods

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Amenities

Property Type

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

Sumter Square

Fairgate Apartments

Shellbrook

Montecito West

Green Meadows

Mayfaire Apartments

Hunting Ridge

Shamrock

Moses Court

Berkshire Village District

Link Apartments Glenwood South

Overture Centennial 55+ Active Adult Apartment Homes

Everly on 401

Adara Alexander Place

Exceptional Value in a Prime Location — Tour Today

Leigh House

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?