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.

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Apartments for Rent in Raleigh, NC

825 rentals available

Brookefield
$1,129
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 Point
605 Halifax Street, Raleigh, NC 27604
(984) 646-0955
$1,272+ moTotal price15-mo lease
Rent Savings
12 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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3.7
Six Forks Station
$1,038
8501 New Brunswick Lane, Raleigh, NC 27615
(919) 371-5441
Top rated for Location
21 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Lifestyle Convenience
Central and Spacious Raleigh Living
Discover a lifestyle of convenience at Six Forks Station in Raleigh, NC. Enjoy spacious apartments with matching appliances and modern finishes, noted for their cleanliness and comfort by residents. The location provides easy access to shopping, dining, and public transportation, making it an ideal choice for those seeking a well-connected home base. Cats and dogs are welcome, adding to the community's welcoming atmosphere.
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Muirfield Village Apartments
$1,455
9500 Muirfield Club Drive, Raleigh, NC 27615
(219) 400-3897
Rent Savings
13 units available
2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Pet Paradise
Conveniently located with top amenities and pet-friendly.
Muirfield Village Apartments offers a delightful living experience in Raleigh. Residents enjoy beautifully maintained green spaces and a peaceful community atmosphere. With a host of modern amenities like in-home laundry, a fitness studio, and a resort-style pool, your comfort is assured. Plus, both cats and dogs are warmly welcomed, making it ideal for pet owners.
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Lake Johnson Mews
$1,154
4233 Avent Ferry Road, Raleigh, NC 27606
(919) 583-6917
Rent Savings
11 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Lakeside Living
Idyllic lakefront setting near vibrant community life.
Lake Johnson Mews offers lakeside living with stunning views and easy access to nature. Residents enjoy renovated apartments, fantastic on-site amenities, and a welcoming community. Dogs, cats, and other pets are welcome, making it a great choice for pet lovers.
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Regatta at Lake Lynn
$970
3000 Inland Trail, Raleigh, NC 27613
(225) 412-7333
Rent Savings
38 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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4.0
Abberly Grove
$1,148
1160 Auston Grove Drive, Raleigh, NC 27610
(956) 446-2575
Rent Savings
Top rated for Location
“Management can be a slow and hard to deal with, but maintenance and pricing are good.”
19 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Community Haven
Convenient and Quiet Location with Great Amenities
Abberly Grove is located in a convenient area in Raleigh with easy access to shopping and dining options. The well-maintained community amenities, including a pool and fitness center, make it a desirable place to live. Residents enjoy the responsive management and quiet neighborhood, fostering a peaceful living environment.
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5.0
Rose Heights
$1,182
3801 Glen Verde Trail #101, Raleigh, NC 27613
(401) 355-8645
Rent Savings
Top rated for Location
“This place is so close to everything we need. It's also very affordable and clean. The maintenance team is also very proactive with all the requests. 10/10 place to live”
18 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Luxurious Serenity
Beautiful landscapes, prime Raleigh location, pet-friendly community.
Discover the serene living of Rose Heights Apartments in Raleigh, NC. This luxurious community offers an array of amenities, including a pool, a gym, and a game room. Ideal for pet owners, the property welcomes both cats and dogs. The location is perfectly convenient, close to schools, parks, and shopping, ensuring everything you need is just moments away.
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Madison Hunters Glen
$992
100 Hunt Club Lane, Raleigh, NC 27606
(919) 504-5741
Rent Savings
16 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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Affordable Housing - Luxury Apartments at Foxwood
$1,183
6701 Fox Road, Raleigh, NC 27616
(314) 375-4347
31 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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Leigh House
2421 Landmark Dr, Raleigh, NC 27607
(919) 336-0140
$1,185+ moTotal price12-mo lease
Rent Savings
15 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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Lenoxplace at Garner Station Apartments
$1,124
1100 Lenoxplace Circle, Raleigh, NC 27603
(919) 230-8859
Rent Savings
24 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Garage, Walk in closets + more
Great Value
Spacious, pet-friendly apartments near Raleigh's vibrant scene.
Lenoxplace at Garner Station offers spacious apartments with a variety of layouts, perfect for those seeking a well-designed living space. Enjoy a pet-friendly community featuring exceptional amenities like an off-leash dog park, swimming pool, and fitness center. Located conveniently close to downtown Raleigh and major highways, residents have easy access to shopping, dining, and entertainment.
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The Row
$1,220
1021 South Saunders Street, Raleigh, NC 27603
(336) 827-9262
Rent Savings
80 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Cats allowed, Stainless steel, Gym, Pool, Ceiling fan + more
Luxurious Living
Stylish, Spacious Apartments Amid Scenic Views
The Row offers a luxurious lifestyle with modern, hospitality-inspired design and spacious layouts nestled in a scenic location. Enjoy a resort-style pool, rooftop lounge, and expansive gathering spaces, perfectly crafting an enviable living experience. The apartments are conveniently located near Dorothea Dix Park, offering easy access to outdoor activities and stunning greenway views.
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The Timbers
$942
5900 Timber Creek Lane, Raleigh, NC 27612
(919) 230-8725
32 units available
1 bed • 2 bed
Amenities
W/D hookup, Dishwasher, Pet friendly, 24hr maintenance, Parking, Recently renovated + more
Cost-Effective Gem
Charming Raleigh retreat with impressive local amenity access.
The Timbers offers a splendid urban retreat with charming layouts in northwest Raleigh. Just a short distance from shopping centers and renowned attractions like the North Carolina Museum of Art, it stands out with a cost-effective advantage priced below the metro average. Residents love the professional management and peaceful environment enriched by amenities like a sparkling pool and dog park.
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Laurel Springs
$1,266
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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The Pointe at Midtown
$1,252
835 Navaho Drive, Raleigh, NC 27609
(919) 626-3674
22 units available
2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Charming Amenities
Peaceful living with vibrant amenities.
The Pointe at Midtown boasts a peaceful atmosphere enriched by community-friendly amenities. With a convenient location just minutes from downtown Raleigh, residents enjoy easy access to shopping centers, parks, and schools. Cats and dogs are welcome here, and a community pool, basketball court, and sundeck contribute to a vibrant lifestyle.
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The average rent for a 1 bedroom apartment in Raleigh is $1,477+, while the average rent for a 2 bedroom apartment is $1,851+. Rent rates updated 8 days ago

Studio: $1,372+Trending down
1 Bed: $1,477+Trending down
2 Beds: $1,851+Trending down
3+ Beds: $2,089+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 32 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 32 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
University Park
View 11 listings
What it’s like to live in University Park
Historic character with academic accessibility defines University Park, where this established Raleigh neighborhood borders NC State University. Rental options include divided bungalows and apartments in smaller buildings throughout this transitional area between campus and downtown. The neighborhood provides walking access to both university facilities and the developing Hillsborough Street corridor, creating an ideal environment for academic households seeking character beyond purely student-focused housing options.
Great for
Families
Retirees
Dog Owners
Outdoor Enthusiasts
Commuters
Neighborhood vibe
Suburban
Green Spaces
Family-Friendly
View 11 listings

Neighborhoods

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Amenities

Property Type

Raleigh Short-term Apartments (107)

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

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

University Park

What it’s like to live in University Park

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?