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

847 rentals available

Channel House
$1,328
540 Saint Albans Drive, Raleigh, NC 27609
(254) 527-5531
Rent Savings
15 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Parking, Walk in closets, 24hr gym, Pool + more
Vibrant Lifestyle
Pristine city living with abundant amenities and style.
Channel House in Raleigh offers a vibrant urban lifestyle with modern, elegant interiors and a stellar array of amenities. Residents praise the saltwater pool, fitness center, and community engagement events. The property enjoys a prime location with immediate access to shops, dining, and entertainment, making daily life both convenient and exciting.
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The Acorn on Person Street
$1,175
422 South Person Street, Raleigh, NC 27601
(984) 459-7736
Rent Savings
31 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Walk in closets, Pool, Air conditioning + more
Downtown Elegance
Sophisticated living in downtown Raleigh's vibrant core.
The Acorn on Person Street embodies sophisticated living in the heart of Downtown Raleigh. Residents enjoy top-tier amenities with city views, creating a sense of community and peace. Situated in a vibrant neighborhood, you’re surrounded by parks and dining, ideal for both convenience and lifestyle.
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The Eastern Residences at North Hills
$1,582
4204 Six Forks Road, Raleigh, NC 27609
(919) 899-7630
Rent Savings
43 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Google fiber, Nest technology, Patio / balcony, Dishwasher, Pet friendly + more
Luxurious Living
Upscale Raleigh lifestyle in vibrant North Hills area.
The Eastern Residences at North Hills offers an unrivaled luxury living experience with exquisite residences and top-notch amenities. Residents enjoy stunning views, a meticulously maintained gym and pool, and a friendly, professional community. The pet-friendly environment with nearby dog parks makes it perfect for dog owners, and the central location provides easy access to restaurants, shops, and entertainment.
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The Reverie at Lake Boone
$1,321
4131 Briargrove Circle, Raleigh, NC 27607
(251) 551-1888
Rent Savings
22 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Amenity Oasis
Exceptional Amenities & Convenient Location
The Reverie at Lake Boone offers a wealth of amenities, perfect for a comfortable lifestyle. Enjoy features like a resort-style pool, a fully equipped gym, and a well-maintained dog park, all of which receive rave reviews from residents. The property's prime location in Raleigh ensures easy access to vibrant downtown, shopping centers, and beautiful walking trails, enhancing your living experience.
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St. Albans Lofts
$1,207
600 Saint Albans Drive, Raleigh, NC 27609
(984) 265-7649
Rent Savings
230 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Cats allowed, Stainless steel, Walk in closets, 24hr gym, Pool + more
Luxury Living
Luxury lofts in vibrant Raleigh neighborhood
St. Albans Lofts offers luxurious studio to three-bedroom apartments with designer finishes and smart-home features. Located in the dynamic North Hills Innovation District, residents enjoy proximity to Raleigh's top dining, shopping, and greenways. The community boasts premium amenities like a saltwater pool, rooftop lounge, and pet spa, providing an exceptional living experience.
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3.7
Six Forks Station
$1,024
8501 New Brunswick Lane, Raleigh, NC 27615
(919) 371-5441
Rent Savings
Top rated for Location
25 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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MAA Vale
$1,483
4710 Mint Leaf Ln, Raleigh, NC 27612
(984) 983-4177
Rent Savings
26 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, Garage, Walk in closets, 24hr gym + more
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Bridgeport
4101 Lake Lynn Drive, Raleigh, NC 27613
(334) 310-5636
$945+ moTotal price12-mo lease
16 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Granite counters, Pet friendly, Parking, Recently renovated, Stainless steel + more
Hidden Gem
Peaceful oasis near Lake Lynn walking trails.
Bridgeport offers a serene living experience in Raleigh, enhanced by proximity to Lake Lynn's beautiful walking trails. Enjoy cost-effective living with prices below the metro average. The community is praised for its cleanliness upon move-in and well-maintained grounds. Dogs and cats are welcome, and amenities like a gym, pool, and fire pit add to its charm.
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Andover at Crabtree
$1,134
6200 Riese Drive, Raleigh, NC 27613
(984) 266-3860
Rent Savings
28 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Serene Oasis
Relaxation by the private lake, near conveniences.
Discover Andover at Crabtree in Raleigh, boasting a tranquil environment with a private lake and rich greenery. Residents love the newly renovated apartment homes and wide array of amenities such as a fitness center, two pools, and pet park. Enjoy the benefit of being positioned below the metro average in pricing while still being in a location close to shops and highways.
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Accent Brier Creek
$1,379
7900 Accent Brier Lane, Raleigh, NC 27617
(772) 248-4948
48 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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Edition on Oberlin
$1,451
305 Oberlin Road, Raleigh, NC 27605
(984) 273-2038
29 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Pet friendly, 24hr maintenance, Carport + more
Luxury Retreat
Resort-style living in vibrant Raleigh neighborhood.
Discover luxury at The Edition on Oberlin in Raleigh. Choose from spacious apartment homes with modern finishes. Enjoy resort-style amenities, including a pool and a state-of-the-art gym. Residents praise the friendly staff and well-maintained property.
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Arbor Creek Apartment Homes
$885
5400 Portree Place, Raleigh, NC 27606
(765) 615-4380
18 units available
1 bed • 2 bed • 4 bed
Amenities
In unit laundry, Putting green, Patio / balcony, Granite counters, Hardwood floors, Dishwasher + more
Pet Paradise
Convenient city living with abundant amenities.
Arbor Creek Apartment Homes offer a vibrant lifestyle in Raleigh, NC, located near popular shopping centers and entertainment options. Enjoy the bonus of a pet-friendly environment with a dedicated dog park. Residents appreciate its peaceful and safe atmosphere, and praise the helpfulness of the staff. Raleigh's eco-conscious vibe is reflected in the property's savings on utilities, making it a great choice for those seeking both comfort and sustainability.
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Overture Crabtree Age 55+ Apartment Homes
4408 Marriott Drive, Raleigh, NC 27612
(919) 646-2808
$1,670+ moTotal price18-mo lease
Rent Savings
senior
16 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Active Lifestyle
Vibrant community and modern amenities await in Raleigh.
Ideally situated in Raleigh, Overture Crabtree offers a dynamic community for those aged 55+. Enjoy modern apartments with top-notch amenities, including a pool, gym, and convenient in-unit laundry. Embrace an active lifestyle with nearby shopping centers, restaurants, and parks all within close reach.
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Aventon Nora
$1,519
6301 Lakecrest Dr, Raleigh, NC 27609
(919) 646-3425
Rent Savings
46 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, 24hr maintenance, Garage + more
Resort Amenities
Stylish living with effortless convenience and modern comfort.
Aventon Nora provides residents with a modern, stylish retreat in North Raleigh. Featuring a plethora of amenities such as a two-story clubhouse, resort-style courtyard, and a state-of-the-art gym, this community invites relaxation and indulgence. Proximity to major thoroughfares ensures seamless access to the vibrant retail and dining options that enhance your lifestyle.
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5.0
Town Triangle Crossing
$1,429
7901 Cheaha Dr, Raleigh, NC 27616
(510) 771-8979
Rent Savings
Top rated for Location
“amazing staff, amazing amenities 10/10”
38 units available
1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Dishwasher, Pet friendly, Gym, Pool + more
Resort Living
Spacious, stylish living near city conveniences
Town Triangle Crossing offers a resort-like living experience with a wide range of luxurious amenities, including a pool, hot tub, and spa. Located conveniently near shopping centers and restaurants, the community ensures you have everything you need nearby. Cats and dogs are welcome, making this a desirable choice for pet owners.
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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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The average rent for a 1 bedroom apartment in Raleigh is $1,482+, while the average rent for a 2 bedroom apartment is $1,853+. Rent rates updated 2 days ago

Studio: $1,384+Trending up
1 Bed: $1,482+Trending up
2 Beds: $1,853+Trending up
3+ Beds: $2,135+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 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
Hedingham
View 15 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 15 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

Channel House

The Acorn on Person Street

The Eastern Residences at North Hills

The Reverie at Lake Boone

St. Albans Lofts

Six Forks Station

MAA Vale

Bridgeport

Andover at Crabtree

Accent Brier Creek

Edition on Oberlin

Arbor Creek Apartment Homes

Overture Crabtree Age 55+ Apartment Homes

Aventon Nora

Town Triangle Crossing

Everly on 401

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?