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

Arlow at Blue Ridge
601 McCaw Bridge Street, Raleigh, NC 27606
(919) 752-5035
$1,261+ moTotal price12-mo lease
13 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Location
Luxurious living in Raleigh's vibrant core.
Arlow at Blue Ridge boasts a premier Raleigh location. Residents enjoy chic interiors alongside exceptional amenities like a 24hr gym, pool, and dog-friendly spaces. With popular institutions like NC State nearby, it offers both convenience and comfort.
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5.0
400H Apartments
9 N Harrington St, Raleigh, NC 27603
(984) 205-2597
$1,620+ moTotal price15-mo lease
Rent Savings
Top rated for Location
“Management and concierge teams are always on top of things and willing to assist with anything needed. Building management is very quick to address any issues within the property. I also cannot forget to mention that they are always promoting events for the residents, which are usually very well planned.”
27 units available
Studio • 1 bed • 2 bed
Amenities
Patio / balcony, Dishwasher, Pet friendly, Gym, Pool, Ceiling fan + more
Urban Luxury
Experience high-end living in Downtown Raleigh.
400H Apartments offer a luxurious lifestyle in the vibrant heart of Downtown Raleigh. With an array of amenities, including a state-of-the-art gym and yoga studio, residents experience comfort and convenience daily. Located in a thriving neighborhood, there's always something new to explore, from parks to restaurants.
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Prose New Hope
3520 Pinetree Grove Lane, Raleigh, NC 27604
(919) 858-2976
$1,299+ moTotal price12-mo lease
Rent Savings
22 units available
1 bed • 2 bed
Amenities
In unit laundry, Granite counters, Hardwood floors, Dishwasher, Pet friendly, Stainless steel + more
Modern Comfort
Contemporary apartment living with top-tier amenities.
Prose New Hope offers a serene living experience in Raleigh, NC, with spacious one- and two-bedroom apartments featuring high-quality finishes and modern appliances. Residents love the tranquil environment and efficient management. Convenient amenities like a fitness center, dog park, and resort-style pool elevate the living experience.
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Abode Kerr Ridge
3709 Nova Star Lane, Raleigh, NC 27612
(919) 759-6432
$2,799+ moTotal price12-mo lease
Rent Savings
15 units available
2 bed • 3 bed
Amenities
In unit laundry, Dishwasher, Pet friendly, Garage, Stainless steel, Walk in closets + more
Modern Living
Luxurious townhomes with convenient Raleigh access.
Abode Kerr Ridge offers luxurious 2– & 3-bedroom townhomes designed with modern aesthetics and thoughtful layouts. Situated conveniently in Raleigh, residents benefit from easy access to downtown and major highways. With pet-friendly policies, both dogs and cats are welcome, enhancing the inviting community feel.
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Broadstone Oak City
2815 Capital Blvd, Raleigh, NC 27604
(919) 858-2846
$1,173+ moTotal price12-mo lease
23 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Stylish Living
Mid-century flair with modern amenities and vibrant scenes.
Broadstone Oak City offers cost-effective living with stylish mid-century flair and an impressive array of modern amenities. The community enjoys convenience with numerous shopping centers and public transportation options nearby. Residents commend the responsive management and the friendly neighborhood atmosphere.
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The Signal
721 Halifax Street, Raleigh, NC 27604
(919) 629-0807
$1,313+ moTotal price12-mo lease
Rent Savings
29 units available
Studio • 1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Pet friendly, Stainless steel, Gym + more
Modern Comfort
Sophisticated living near downtown Raleigh's vibrant scene.
The Signal offers an exceptional lifestyle with its modern and sophisticated apartment homes situated in downtown Raleigh. Residents enjoy the convenience of being close to restaurants and shops, along with top amenities like a saltwater pool and a state-of-the-art fitness center. Worth mentioning is the pet-friendly atmosphere, making it a perfect haven for pet owners, offering both a pet spa and pet-friendly policies for cats and dogs.
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403 West
403 Wolf Creek Circle, Raleigh, NC 27606
(857) 598-5713
$1,035+ moTotal price12-mo lease
Rent Savings
40 units available
1 bed • 2 bed • 3 bed • 4 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, Recently renovated + more
Amenity Rich
Newly renovated apartments with superb amenities and prime location.
403 West offers a blend of modern living and comfort in Raleigh. In-home finishes include wood-style flooring, stainless steel appliances, and ample storage, all complemented by a welcoming atmosphere. Residents praise the friendly staff and the family-friendly environment, along with great proximity to both Cary and Downtown Raleigh.
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Columns at Wakefield
14114 Chriswick House Lane, Raleigh, NC 27614
(919) 335-7943
$1,169+ moTotal price12-mo lease
Rent Savings
24 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Dishwasher, Pet friendly, Garage, Recently renovated + more
Convenient Oasis
Luxury Living Amidst Raleigh's Vibrant Scene
The Columns at Wakefield offers a serene retreat in North Raleigh, with easy access to shopping centers, restaurants, and major highways. Enjoy spacious, modern apartments equipped with luxurious amenities like soaking garden tubs and wood-burning fireplaces. Residents rave about the well-maintained community amenities and attentive management.
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The Franklin at Crossroads
6010 Attleboro Dr, Raleigh, NC 27606
(954) 329-0534
$1,358+ moTotal price12-mo lease
11 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Dishwasher, Pet friendly, 24hr maintenance + more
Great Value
Luxury living with superb access and amenities.
The Franklin at Crossroads offers luxurious apartment living with the advantage of being priced below the metro average. Located minutes from SW Raleigh, it provides seamless access to shopping, dining, and major employers. Residents love the upscale finishes, resort-style pool, and state-of-the-art fitness center.
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Dakota
1201 Pine Haven Drive, Raleigh, NC 27604
(385) 257-3236
$1,090+ moTotal price12-mo lease
22 units available
1 bed • 2 bed
Amenities
In unit laundry, Google fiber, Nest technology, Patio / balcony, Granite counters, Hardwood floors + more
Luxurious Living
Modern comfort in prime Raleigh location.
The Dakota offers a vibrant lifestyle with premium amenities in the heart of Raleigh. Residents enjoy modern apartments with stainless steel appliances, spacious closets, and a 24-hour fitness center. Its proximity to major attractions like Cameron Village and the PNC Arena enhances the living experience. Both dogs and cats are welcome, making it a complete home for pet lovers.
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Wakefield Glen
2400 Garden Hill Drive, Raleigh, NC 27614
(919) 701-8134
$1,195+ moTotal price12-mo lease
15 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Hardwood floors, Dishwasher, Pet friendly, 24hr maintenance + more
Green Living
Stylish homes near parks and convenient amenities.
Wakefield Glen offers spacious apartment homes with modern features set in a tranquil part of Raleigh. Residents enjoy easy access to nearby parks and a variety of restaurants just a short distance away. The community is especially esteemed for its delightful pool, state-of-the-art gym, and accommodating environment for both cats and dogs.
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The Gramercy
650 West North Street, Raleigh, NC 27603
(919) 289-8361
$1,250+ moTotal price12-mo lease
Rent Savings
23 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Prime Location
Stylish living with vibrant amenities in Downtown Raleigh.
The Gramercy offers an unbeatable location in Downtown Raleigh, surrounded by a wealth of restaurants, shops, and nightlife. The well-maintained community amenities, such as the resort-style pool and fitness center, create a vibrant social atmosphere. With pet-friendly policies, including accommodations for both dogs and cats, the property is perfect for pet lovers seeking a lively city lifestyle.
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Anderson Flats
2841 Manorcrest Ct, Raleigh, NC 27609
(919) 251-5538
$1,605+ moTotal price12-mo lease
9 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Modern Luxuries
Stylish apartments with incredible amenities and pet-friendly features.
Anderson Flats in Raleigh offers luxurious, pet-friendly living with designer interiors. The property provides seamless access to the Raleigh Greenway and boasts superb amenities like a 24-hour gym, saltwater pool, and a game lounge. With restaurants and parks within walking distance, everything you need is close by.
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Jones Grant Urban Flats
1040 Wake Towne Drive, Raleigh, NC 27609
(919) 289-8528
$1,358+ moTotal price12-mo lease
Rent Savings
17 units available
Studio • 1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Dishwasher, Pet friendly + more
Urban Oasis
Luxury living with unrivaled comfort and style.
Jones Grant Urban Flats in Raleigh offers luxury living with various modern designs and upscale finishes. Residents appreciate the convenient location, providing easy access to numerous shopping centers, restaurants, and downtown Raleigh. The property is especially suited for pet owners, with both dogs and cats welcome and features like patios and a dog park. Amenities like a saltwater pool and fitness center enhance the community experience.
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Camden Carolinian
$1,489
2600 Glenwood Ave, Raleigh, NC 27608
(620) 630-2690
16 units available
1 bed • 2 bed
Amenities
In unit laundry, Patio / balcony, Pet friendly, 24hr maintenance, Garage, Stainless steel + more
Luxury Amenities
High-end oasis with prime Raleigh location.
Discover a luxurious lifestyle at Camden Carolinian, where high-end finishes like chef-inspired kitchens and quart countertops await. Enjoy resort-style amenities, including a heated salt-water pool and rooftop deck. Perfectly located, this property is steps from restaurants and shopping, offering unmatched convenience for all residents.
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Abberly Royal Creek Apartment Homes
$1,341
15101 Royal Creek Drive, Raleigh, NC 27603
(252) 484-3278
Rent Savings
83 units available
1 bed • 2 bed • 3 bed
Amenities
In unit laundry, Patio / balcony, Granite counters, Hardwood floors, Pet friendly, New construction + more
Modern Amenities
Stylish living with great amenities and convenient access.
Abberly Royal Creek Apartment Homes offers a stylish living experience with a range of modern amenities such as in-unit laundry, hardwood floors, and a lively clubhouse. Its convenient location provides easy access to shopping centers, major highways, and a delightful selection of nearby restaurants. Residents admire the well-maintained community and responsive management, ensuring a welcoming environment.
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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 $1,843+. 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

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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

Arlow at Blue Ridge

400H Apartments

Prose New Hope

Abode Kerr Ridge

Broadstone Oak City

The Signal

403 West

Columns at Wakefield

The Franklin at Crossroads

Dakota

Wakefield Glen

The Gramercy

Anderson Flats

Jones Grant Urban Flats

Camden Carolinian

Abberly Royal Creek Apartment Homes

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?