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

Room in 2 Bedroom Home at Tall Rock Ct
$950
105 Tall Rock Court, Raleigh, NC 27610
(919) 750-8278
1 unit available
1 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Pet friendly, Garage, Recently renovated + more
Recently updated units
Now Available: 2615 Maybrook Crossing Dr, Raleigh, NC
$2,000
2615 Maybrook Crossing Drive, Raleigh, NC 27610
(919) 300-6861
1 unit available
3 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Microwave, Oven, and Refrigerator
Recently updated units
1408 Sawyer Rd. #103 - For Rent
$2,650
1408 Sawyer Road, Raleigh, NC 27610
(919) 825-1776
1 unit available
3 bed
Amenities
In unit laundry, New construction, Garage, and Extra storage
Recently updated units
8203 Saltwood Pl
$2,250
8203 SaltWood Place, Raleigh, NC 27617
(919) 882-7742
1 unit available
3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, Garage + more
Recently updated units
Room in 3 Bedroom Home at Ivory Run Way
$650
2601 Ivory Run Way, Raleigh, NC 27603
(919) 750-8278
1 unit available
1 bed
Amenities
Pet friendly
Recently updated units
Room in 4 Bedroom Home at Collegiate Cir
$650
1431 Collegiate Circle, Raleigh, NC 27606
(919) 750-8278
1 unit available
1 bed
Amenities
On-site laundry, Patio / balcony, Parking, Pool, Basketball court, and Volleyball court
Recently updated units
Room in 4 Bedroom Home at Warm Springs Ln
$550
3243 Warm Springs Lane, Raleigh, NC 27610
(919) 750-8278
1 unit available
1 bed
Amenities
Patio / balcony, Hardwood floors, Stainless steel, and Walk in closets
Recently updated units
Room in 4 Bedroom at Moonbeam Dr
$650
729 Moonbeam Drive, Raleigh, NC 27603
(919) 750-8278
1 unit available
1 bed
Amenities
Patio / balcony, Dogs allowed, Stainless steel, Gym, Dog park, and Tennis court
Recently updated units
Room in 3 Bedroom Home at Trailwood Heights Ln
$625
1901 Trailwood Heights Lane, Raleigh, NC 27603
(919) 750-8278
1 unit available
1 bed
Amenities
In unit laundry, Recently renovated, Gym, Pool, Hot tub, and Extra storage
Modern Comfort
Recently renovated stylish shared home in Raleigh.
Experience modern living in this recently renovated, stylish room in a shared home at Trailwood Heights Ln. Enjoy the charming open-plan living area filled with natural light, a fully updated kitchen with sleek appliances, and two beautifully updated bathrooms. With amenities like a swimming pool, gym, in-unit laundry, and a location near NC State University, residence here offers both comfort and convenience.
Recently updated units
Room in 2 Bedroom Home at Sunpointe Dr
$775
6111 Sunpointe Drive, Raleigh, NC 27606
(919) 750-8278
1 unit available
1 bed
Amenities
Dogs allowed, Pool, and Bathtub
Convenient Location
Relaxing living near Raleigh amenities.
Experience comfortable living in this well-located home on Sunpointe Drive. Offering small dogs to join the household, the property features a delightful pool for relaxation. Residents love its proximity to parks for outdoor activities and great dining options just minutes away. Its central location provides quick access to major highways, making commuting a breeze.
Recently updated units
Room in 3 Bedroom Home at Grove Ave
$879
700 Grove Avenue, Raleigh, NC 27606
(919) 750-8278
1 unit available
1 bed
Amenities
Patio / balcony and Walk in closets
Spacious Living
Open airy rooms with great campus proximity
Discover the joy of living in this spacious shared home, complete with vaulted ceilings and a broad wrap-around deck perfect for relaxation. Experience the comfort of walk-in closets in every bedroom providing ample storage. Its prime location near NCSU and Meredith College makes this an attractive option for those seeking convenient campus access.
Recently updated units
Room in 3 Bedroom Townhome at Falcon Rest Cir
$793
7765 Falcon Rest Circle, Raleigh, NC 27615
(919) 750-8278
1 unit available
1 bed
Amenities
Hardwood floors, Pet friendly, Recently renovated, and Fireplace
Charming Home
Conveniently located with community feel.
This townhome on Falcon Rest Circle boasts a charming layout with an open concept living area, hardwood floors, and a cozy fireplace. Residents love its convenient location in Raleigh, which offers easy access to local amenities. The property is pet friendly and perfect for pet owners. A peaceful neighborhood atmosphere ensures a welcoming community feel.
Recently updated units
Room in 3 Bedroom Home at Kasota Ln
$800
2517 Kasota Lane, Raleigh, NC 27610
(919) 750-8278
1 unit available
1 bed
Amenities
In unit laundry, Granite counters, Pet friendly, New construction, Stainless steel, Gym + more
Spacious Comfort
Modern home with enhanced amenities and easy city access.
This stylish property in Raleigh offers renters a peaceful home with a variety of upscale amenities. Cats and small dogs are cherished with a dedicated dog park within the community. Residents enjoy the modern, open-concept design that enhances daily living. With proximity to downtown Raleigh, commuting and city exploration are a breeze.
Recently updated units
Room in 4 Bedroom Home at Okelly St
$665
2923 Okelly Street, Raleigh, NC 27607
(919) 750-8278
1 unit available
1 bed
Amenities
Patio / balcony, Pet friendly, Recently renovated, and Carpet
Community Oasis
Proximity to universities and vibrant attractions.
Positioned near NC State and Meredith College, this home offers a vibrant community atmosphere and easy access to local attractions like PNC Arena. Enjoy the generous outdoor space with a large deck and fenced yard, perfect for relaxation. Recent renovations add a fresh, modern touch to the interior, making it an inviting option for students and professionals. With both cats and small dogs allowed, it's a pet-lover's dream.
Recently updated units
Room in 3 Bedroom Home at verette Hill Dr
$600
7919 Averette Hill Drive, Raleigh, NC 27616
(919) 750-8278
1 unit available
1 bed
Amenities
In unit laundry and Pool
Spacious Comfort
Spacious rooms near nature trails and highways.
Discover comfort in a shared home with spacious bedrooms and a welcoming living space. Ideal for those who value a serene neighborhood, this property offers easy access to outdoor trails and nature. Enjoy the convenience of in-unit laundry, a community pool, and a fantastic location with quick highway access for travel to nearby cities.
Recently updated units
Room in 3 Bedroom Home at Chert Ln
$745
2635 Chert Lane, Raleigh, NC 27610
(919) 750-8278
1 unit available
1 bed
Amenities
Patio / balcony, Walk in closets, Gym, and Pool
Convenient Living
Spacious home near downtown Raleigh with great amenities.
Enjoy a brand-new townhome in Raleigh with a spacious, open floor plan and excellent community amenities. The convenient location is just minutes from downtown, offering easy access to shopping and public transportation. Residents rave about the inviting kitchen with a large island and the sunlit great room that opens to the deck.
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 6 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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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

Room in 2 Bedroom Home at Tall Rock Ct

Now Available: 2615 Maybrook Crossing Dr, Raleigh, NC

1408 Sawyer Rd. #103 - For Rent

8203 Saltwood Pl

Room in 3 Bedroom Home at Ivory Run Way

Room in 4 Bedroom Home at Collegiate Cir

Room in 4 Bedroom Home at Warm Springs Ln

Room in 4 Bedroom at Moonbeam Dr

Room in 3 Bedroom Home at Trailwood Heights Ln

Room in 2 Bedroom Home at Sunpointe Dr

Room in 3 Bedroom Home at Grove Ave

Room in 3 Bedroom Townhome at Falcon Rest Cir

Room in 3 Bedroom Home at Kasota Ln

Room in 4 Bedroom Home at Okelly St

Room in 3 Bedroom Home at verette Hill Dr

Room in 3 Bedroom Home at Chert Ln

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?