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

823 rentals available

North Hills at Town Center
$1,177
4625 Millbrook Green Dr, Raleigh, NC 27604
(919) 887-6103
Rent Savings
19 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Luxury Lifestyle
Renovated elegance amidst vibrant Raleigh surroundings.
North Hills at Town Center Apartments offers a luxurious lifestyle with recently renovated interiors and top-notch amenities like a resort-style pool and a dog park. Experience comfort and convenience with spacious layouts and extra storage, making it a perfect home. Enjoy the vibrant Raleigh neighborhood, known for its walkability to restaurants, parks, and entertainment options.
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Oak City Apartments
$1,005
3131 Calvary Dr, Raleigh, NC 27604
(551) 525-8717
22 units available
1 bed • 2 bed
Amenities
In unit laundry, Pet friendly, 24hr maintenance, Walk in closets, Pool, Clubhouse + more
Modern Elegance
Stylish Living with Abundant Amenities
Oak City Apartments offer beautifully designed spaces with modern appliances and upgraded finishes. Residents enjoy amenities like a sun-drenched pool and a welcoming clubhouse, making it a vibrant community. With responsive management and maintenance teams, resident needs are efficiently addressed, enhancing your living experience.
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Wedgwood
$989
740 Smallwood Drive, Raleigh, NC 27605
(706) 204-5982
44 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
On-site laundry, Hardwood floors, Cats allowed, Parking, Recently renovated, Gym + more
Historic Charm
Classic elegance near top Raleigh attractions.
Experience historic charm at Wedgwood Apartments paired with modern comfort in a prime Raleigh location. Nestled near the vibrant Village District Shopping Center and the educational hub of NC State University, these apartments boast hardwood floors, high ceilings, and renovated amenities. Residents enjoy a welcoming community atmosphere with outdoor grills and a business center for convenience.
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Affordable Housing - Litchford 315 Apartments
$1,167
6320 Dowd Forest Drive, Raleigh, NC 27615
(919) 568-5719
Rent Savings
13 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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The Summit at Avent Ferry
$1,370
1025 Avent Hill, Raleigh, NC 27606
(919) 752-3706
10 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Waterfront Luxury
Enjoy serene waterfront living with luxury amenities.
The Summit at Avent Ferry offers idyllic waterfront living combined with luxurious amenities. Residents rave about the peaceful atmosphere and friendly community. With Lake Johnson nearby, you'll have easy access to scenic walking trails and outdoor activities. Adding to the appeal, top-notch amenities like a sparkling pool, state-of-the-art fitness center, and spacious dog park enhance your lifestyle.
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4.0
The Falls
$1,007
4518 Tournament Drive, Raleigh, NC 27612
(919) 737-7468
Rent Savings
Top rated for Location
“It’s a pretty quiet neighborhood in a great location but you can certainly get more bang for you buck at plenty other places in this same area. Expect your rent to go up an unreasonable amount if you plan on staying any longer than 1 lease and management to not work with you whatsoever on that part, they do hold little events for the neighborhood pretty often though which is pretty nice. Maintenance is pretty quick with everything but I have had a few times where it seemed to be a miscommunication and someone entered my home not knowing someone had already came and fixed the issue a day or so beforehand. Parking is usually open in a reasonable distance unless you live on one of the side streets in the neighborhood then it’s terrible but if you’re on the outer circle of the neighborhood like most building are then you’ll be just fine. Overall I’d give it a 3 out of 5 simply because as I said before you can certainly get better value elsewhere but outside of that not too much to complain about.”
22 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Cost-effective Living
Stylish, Pet-Friendly Apartments in a Convenient Raleigh Spot
The Falls boasts a convenient location in Raleigh, offering easy access to shopping centers and walking paths for enjoyable daily errands and exercise. Residents cherish the tranquil, well-maintained environment and praise the friendly staff. With a pet-friendly policy welcoming all pets, and standout features like a sparkling pool and fitness center, it's an ideal haven for comfortable living.
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511 Faye
$1,346
511 Fayetteville St, Raleigh, NC 27601
(984) 205-3082
Rent Savings
56 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Nest technology, Dishwasher, Pet friendly, Garage + more
Central Luxury
Luxury living in vibrant downtown Raleigh.
511 Faye offers an exceptional urban lifestyle with luxury amenities in the heart of downtown Raleigh. Residents enjoy modern and polished interiors, paired with stunning city views and a Skydeck pool. This pet-friendly high-rise provides seamless access to top dining and entertainment spots.
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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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5.0
Highland North Hills
$1,677
4140 Lassiter Mill Road, Raleigh, NC 27609
(336) 892-8774
Rent Savings
Top rated for Location
38 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Hardwood floors, Dishwasher, Pet friendly, Stainless steel, Walk in closets + more
Luxurious Living
Modern comfort in dynamic Raleigh location.
Highland North Hills offers a prime location in Raleigh's vibrant North Hills Main District, where shopping, dining, and entertainment are just steps away. The stunning design and luxurious finishes of the apartments ensure an elegant living experience. Enjoy the resort-style pool deck and eighth-floor terrace with breathtaking sunset views, perfect for unwinding. Both cats and dogs are welcome, making it a delightful home for pet lovers.
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5.0
Marshall Park Apartments & Townhomes Raleigh
$1,230
3950 Fairsted Dr, Raleigh, NC 27612
(919) 328-3990
Rent Savings
Top rated for Location
37 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Pet friendly + more
Resort-Style Living
Lush landscaping, modern amenities, vibrant Raleigh life.
Marshall Park Apartments & Townhomes in Raleigh provides a resort-style living experience. Residents appreciate the modern features and amenities like private entrances and multiple courtyards. The property's convenient location offers quick access to essential spots such as Crabtree Valley Mall, enhancing the vibrant lifestyle.
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Accent Brier Creek
$1,379
7900 Accent Brier Lane, Raleigh, NC 27617
(772) 248-4948
53 units available
1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Modern Living
Ideal Raleigh Location with Stylish Amenities
Accent Brier Creek offers a modern lifestyle with exceptional amenities. This pet-friendly community welcomes dogs and cats, ensuring every family member feels at home. Residents love the sleek finishes, private patios, and convenient in-unit laundry. The property's location in Raleigh places you near many dining options and grocery stores for everyday convenience.
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3.7
Six Forks Station
$1,010
8501 New Brunswick Lane, Raleigh, NC 27615
(919) 371-5441
Top rated for Location
22 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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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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Infinity Six Forks
$1,188
900 E Six Forks Road, Raleigh, NC 27604
(518) 873-7957
Rent Savings
20 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly + more
Luxury Living
Luxurious and Convenient Raleigh Apartments
Experience the best of luxury living at Infinity Six Forks. Situated in vibrant Raleigh, this property combines sophisticated interiors with top-notch amenities such as a gorgeous pool and a 24hr gym. Residents rave about the clean environment, polite staff, and convenient access to downtown and local amenities.
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Allister North Hills
$1,446
430 Allister Dr, Raleigh, NC 27609
(812) 591-5535
Rent Savings
34 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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Wesley
$1,185
442 Jefferson Town Rd., Raleigh, NC 27606
(919) 980-9849
Rent Savings
33 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Luxurious Living
Premium apartments near NCSU with great pet-friendly amenities.
Wesley Apartments offers luxurious living with easy access to North Carolina State University and amenities that encompass a resort-style pool, gym, and vibrant community spaces. This pet-friendly haven allows both cats and dogs with no monthly pet fees, making it ideal for pet-loving households. Residents enjoy the convenience of nearby restaurants, parks, and excellent transportation options, making life at Wesley delightful and connected.
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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 $1,856+. Rent rates updated 2 days ago

Studio: $1,392+Trending up
1 Bed: $1,480+Trending up
2 Beds: $1,856+Trending up
3+ Beds: $2,097+Trending up

* 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 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
Hedingham
View 14 listings
What it’s like to live in Hedingham
Family-friendly recreation defines this enclave circling the Hedingham Golf Club's 18-hole course. Renters appreciate community pools but note sparse public transit options. Aggressive geese patrol lakefront trails April-June.
Great for
Families
Retirees
Professionals
Young Renters
Commuters
Neighborhood vibe
Mixed-Use
Peaceful
Mixed-Use & Commercial
View 14 listings

Neighborhoods

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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

Hedingham

What it’s like to live in Hedingham

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?