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Updated

Average Rent in Raleigh NC

22 apartment buildings, 298 units. Real asking prices, refreshed daily.

Avg Rent

$1,651/mo

Cheapest

$1,050/mo

Properties

22

Units

298

Analysis

Rent Price Breakdown

Compare pricing across all 22 properties in Raleigh NC.

Average Rent by Property

Starting Price vs Average

Rent by Bedroom Count

Price per Square Foot

Raleigh NC Rent Prices

All 22 properties ranked by lowest available rent.

#1 3.5

Sumter Square

613 Charleston Rd, Raleigh, NC 27606, USA

From $1,050/mo
Avg $1,423 47 units
#2 4.7

Lake Johnson Mews Apartments & Townhomes

4233 Avent Ferry Rd, Raleigh, NC 27606, USA

From $1,099/mo
Avg $1,099 1 units
#3 4.4

Marq at Crabtree

4451 Vilana Rdg Raleigh, NC 27612

From $1,169/mo
Avg $1,560 11 units
#4 4.3

Lenoxplace at Garner Station Apartments

1100 Lenoxplace Cir, Raleigh, NC 27603, USA

From $1,220/mo
Avg $1,438 12 units
#5 4.5

Centerview at Crossroads

1310 Silver Sage Dr, Raleigh, NC 27606, USA

From $1,257/mo
Avg $1,548 34 units
#6 4.8

The Reverie at Lake Boone

4131 Briargrove Cir, Raleigh, NC 27607, USA

From $1,288/mo
Avg $1,751 27 units
#7 4.4

Wesley Apartments

442 Jefferson Town Rd, Raleigh, NC 27606, USA

From $1,295/mo
Avg $1,564 25 units

Explore Each Property

Sumter Square apartments in Raleigh NC

Sumter Square

3.5

613 Charleston Rd, Raleigh, NC 27606, USA

From $1,050/mo
47 units
Lake Johnson Mews Apartments & Townhomes apartments in Raleigh NC

Lake Johnson Mews Apartments & Townhomes

4.7

4233 Avent Ferry Rd, Raleigh, NC 27606, USA

From $1,099/mo
1 units
Marq at Crabtree apartments in Raleigh NC

Marq at Crabtree

4.4

4451 Vilana Rdg Raleigh, NC 27612

From $1,169/mo
11 units
Lenoxplace at Garner Station Apartments apartments in Raleigh NC

Lenoxplace at Garner Station Apartments

4.3

1100 Lenoxplace Cir, Raleigh, NC 27603, USA

From $1,220/mo
12 units
Centerview at Crossroads apartments in Raleigh NC

Centerview at Crossroads

4.5

1310 Silver Sage Dr, Raleigh, NC 27606, USA

From $1,257/mo
34 units
The Reverie at Lake Boone apartments in Raleigh NC

The Reverie at Lake Boone

4.8

4131 Briargrove Cir, Raleigh, NC 27607, USA

From $1,288/mo
27 units

Raleigh NC Average Rent Prices 2026

The average rent in Raleigh NC is $1,651 per month, based on 298 units across 22 apartment communities. Prices range from $1,050 at Sumter Square to $1,558 at District at 54.

Average Rent by Bedroom Type

Type Avg Rent Starting From Units
Studio $1,331/mo $1,169/mo 10
1 Bed $1,514/mo $1,050/mo 119
2 Bed $1,720/mo $1,159/mo 134
3 Bed $1,942/mo $1,438/mo 35

Every price comes directly from each property's leasing system, updated that morning. Request a neighborhood we don't cover and we add it within 24 hours.

Market Context

Who rents in Raleigh NC, and what they pay

Tracked one-bedroom rent in Raleigh NC averages $1,514/mo, with two-bedroom units averaging $1,720/mo. At the local median household income of $82,424, that works out to 24% of gross income, well within the 25 percent comfortable-rent threshold.

The U.S. Census Bureau's American Community Survey 2023 release pegged median gross rent in Raleigh NC at $1,468/mo. The current tracked market average runs 12% higher than that benchmark, reflecting both two to three years of rent growth and the fact that the Census figure covers all renter-occupied housing in Raleigh NC while the tracked market average covers units currently listed in larger apartment communities.

Who employs renters in Raleigh-Durham

Demand in the Raleigh-Durham rental market is shaped by the metro's largest private and public employers. The following organizations anchor local hiring and influence what renters can pay:

  • IBM
  • Cisco Systems
  • SAS Institute
  • WakeMed
  • North Carolina State University

Mean one-way commute in Raleigh NC is 23 minutes, per the Census ACS, useful context when weighing which properties sit inside reasonable reach of these employers.

What salary do I need to live comfortably in Raleigh NC?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$66,000/year

30 percent rule -- using our average rent of $1,651/mo.

Comfortable income

$79,000/year

25 percent rule -- leaves more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,050/mo), you need to earn at least $42,000/year.

Median household income in Raleigh NC is $82,424 , about 4% above the comfortable-living threshold.

Cost of living in Raleigh NC

Overall prices in Raleigh NC runs below the national average by about 2% (BEA Regional Price Parity index 98.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Raleigh NC's regional price parities.

Category Monthly estimate
Rent (market average) $1,651
Utilities $447
Groceries $523
Transportation $1,066
Healthcare $520
Other goods and services $832
Estimated total $5,039/mo

Population

470,763

Median household income

$82,424

Census median rent

$1,468/mo

Rent as % of income

30.5%

Median age

34.7

Mean commute

23 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

Compare

Nearby cities in North Carolina

How Raleigh NC rent compares to other markets in the state.

City Avg Rent vs Raleigh NC Properties
Charlotte, NC $2,361 +43% 32
Cary, NC $2,114 +28% 32
Morrisville, NC $1,715 +4% 26
Wilmington, NC $1,436 -13% 12
Winston Salem, NC $1,858 +13% 9
Durham, NC $1,740 +5% 9

Frequently asked questions

What is the average rent in Raleigh NC?

The average rent in Raleigh NC is $1,651 per month, based on 298 units across 22 apartment buildings tracked by Average Rent. Prices are updated every morning through our proprietary data sourcing.

What is the cheapest apartment rent in Raleigh NC?

The lowest available rent in Raleigh NC starts at $1,050 per month. Availability changes daily as leasing data is refreshed each morning.

How much is a 1-bedroom apartment in Raleigh NC?

1-bedroom apartments in Raleigh NC average $1,514/mo. The lowest listed 1-bedroom starts at $1,050/mo across 119 units tracked.

How much is a 2-bedroom apartment in Raleigh NC?

2-bedroom apartments in Raleigh NC average $1,720/mo. Units start from $1,159/mo across 134 units currently listed.

Rent Trends in Raleigh NC

Track how apartment prices are changing over time.

View Rent Trends
Adding new buildings daily

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