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

4820 Loganshire Lane
$1,965
4820 Loganshire Lane, Raleigh, NC 27616
(919) 230-9121
1 unit available
3 bed
Amenities
W/D hookup, Garage, Walk in closets, and Bbq/grill
Recently updated units
442 Sustainable Way
$2,095
442 Sustainable Way, Raleigh, NC 27620
(919) 230-9121
1 unit available
4 bed
Amenities
Pet friendly, Garage, Stainless steel, and Range
Ideal Location
Seamless downtown and highway access
Situated just minutes from downtown Raleigh, 442 Sustainable Way offers convenient access to both I-40 and I-440, making commuting a breeze. This stunning home is not only perched in a tranquil setting, but it is also perfect for pet owners, offering a welcoming environment for pets. Residents love the spacious layout and state-of-the-art features like the gourmet kitchen and vast open floor plans.
Recently updated units
6101 Highcastle Court - 1
$1,850
6101 Highcastle Court, Raleigh, NC 27613
(984) 205-8706
1 unit available
2 bed
Amenities
W/D hookup, Pet friendly, Recently renovated, and Carpet
Recently updated units
508 Solar Drive
$1,600
508 Solar Drive, Raleigh, NC 27610
(984) 205-8706
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Recently renovated, and Carpet
Recently updated units
300 Worth St
$2,850
300 Worth Street, Raleigh, NC 27601
(984) 224-6934
1 unit available
3 bed
Amenities
Granite counters, Pet friendly, Parking, and Hot tub
Recently updated units
4229 Palafox ct
$1,750
4229 Palafox Court, Raleigh, NC 27604
(984) 208-2440
1 unit available
3 bed
Amenities
Dogs allowed, Recently renovated, Air conditioning, and Carpet
Recently updated units
1310 Oakwood Avenue
$1,800
1310 Oakwood Avenue, Raleigh, NC 27610
(252) 559-9650
1 unit available
2 bed
Amenities
In unit laundry, Hardwood floors, Pet friendly, Parking, Recently renovated, and Stainless steel
Recently updated units
2106 Trailridge Court
$1,700
2106 Trailridge Court, Raleigh, NC 27603
(704) 241-3999
1 unit available
2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Parking + more
Recently updated units
Excellent 3BD, 3BA Raleigh Townhome in an HOA Community
$1,695
4426 Lord Joseph Court, Raleigh, NC 27610
(984) 789-5979
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Recently updated units
!! SPECIAL HALF OFF SECOND MONTH'S RENT !! Beautiful 3BR 2.5BA Townhome w/ Fenced Patio • In-Unit Laundry • Assigned Parking in Raleigh
$1,750
4417 Log Cabin Drive, Raleigh, NC 27616
(516) 647-7042
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Parking, Air conditioning + more
Recently updated units
912 Chaney Road - 102
$2,600
912 Chaney Road, Raleigh, NC 27606
(919) 697-5141
1 unit available
4 bed
Amenities
In unit laundry, Dishwasher, Parking, Microwave, and Refrigerator
Recently updated units
2233 Sunnycove
$1,750
2233 Sunny Cove Drive, Raleigh, NC 27610
(919) 697-5141
1 unit available
4 bed
Amenities
In unit laundry, Walk in closets, and Extra storage
Recently updated units
NEW PRICE!! GREAT LOCATION!! RANCH HOME WITH HARDWOODS NEAR DOWNTOWN
$1,945
2435 Glascock Street, Raleigh, NC 27610
(919) 787-9375
1 unit available
3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Parking, Recently renovated, Fireplace + more
Recently updated units
5540 Kaplan Dr
$2,200
5540 Kaplan Drive, Raleigh, NC 27606
(919) 744-1752
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Parking + more
Recently updated units
5332 Big Bass Drive
$1,650
5332 Big Bass Drive, Raleigh, NC 27610
(919) 622-4707
1 unit available
2 bed
Amenities
In unit laundry, Dishwasher, Parking, Pool, Air conditioning, and Ceiling fan
Recently updated units
3 Bedroom Single Family Home in Raleigh
$1,950
524 Branch Street, Raleigh, NC 27601
(720) 580-0208
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Dogs allowed, Parking, Recently renovated + more
Recently updated units

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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Bedrooms

Price

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

4820 Loganshire Lane

442 Sustainable Way

6101 Highcastle Court - 1

508 Solar Drive

300 Worth St

4229 Palafox ct

1310 Oakwood Avenue

2106 Trailridge Court

Excellent 3BD, 3BA Raleigh Townhome in an HOA Community

!! SPECIAL HALF OFF SECOND MONTH'S RENT !! Beautiful 3BR 2.5BA Townhome w/ Fenced Patio • In-Unit Laundry • Assigned Parking in Raleigh

912 Chaney Road - 102

2233 Sunnycove

NEW PRICE!! GREAT LOCATION!! RANCH HOME WITH HARDWOODS NEAR DOWNTOWN

5540 Kaplan Dr

5332 Big Bass Drive

3 Bedroom Single Family Home in Raleigh

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?