How much does it cost to rent at The Metropolitan Apartments?

Rent at The Metropolitan Apartments in Raleigh, NC ranges from $1,425 to $2,700 per month as of August 11, 2026.

What is the average studio rent at The Metropolitan Apartments?

The average studio apartment at The Metropolitan Apartments costs $1,425/month, starting from $1,425.

What is the average 1 bed rent at The Metropolitan Apartments?

The average 1 bed apartment at The Metropolitan Apartments costs $1,745/month, starting from $1,640.

What is the average 2 bed rent at The Metropolitan Apartments?

The average 2 bed apartment at The Metropolitan Apartments costs $2,124/month, starting from $1,835.

Is The Metropolitan Apartments a good apartment complex?

The Metropolitan Apartments has a 4.8-star rating on Google based on 215 reviews.

Updated August 11, 2026 at 4:33 a.m. ET

The Metropolitan Apartments

Name: The Metropolitan Apartments
Address: 314 W Jones St, Raleigh, NC, 27603, US
Telephone: (984) 232-8126
Rating: 4.8

314 W Jones St, Raleigh, NC 27603, USA

4.8 (215 reviews) Official Website (984) 232-8126

Live pricing, refreshed August 11, 2026 at 4:33 a.m. ET

Units Listed

$1,425

Starting at

$1,894

Average

$2,700

Highest

$2.20

Per Sq Ft

PRO

Avg Days Listed

How does this compare? View Raleigh 27603 rent trends

Beds

Pricing by Bedroom

Studio

$1,425

from $1,425 · 1 units

~556 sqft avg

1 Bed

$1,745

from $1,640 · 3 units

~785 sqft avg

2 Bed

$2,124

from $1,835 · 4 units

~1,124 sqft avg

Rent Distribution

Price by Bedroom

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Timeframe

Property Price Trend

Units with Price Changes (9)

Largest 8 movers of 9

Last 15 days

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

Building size: modeled from how many distinct units we have observed over time
Occupancy: building size minus currently listed units
Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$297K

$3.6M annual run rate

Modeled estimate

Est. Occupancy

95%

of about 150 units (modeled from leasing activity)

Effective Rent on New Leases

$2,091

vs $1,894 current asking

Recent Lease Activity

27 units tracked; 19 assumed leased, 8 listed now

See which units leased, when they left the market, and the rent they leased at.

Unlock with Pro

Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

+30 pts: 15+ units currently listed
+25 pts: Active move-in specials
+20 pts: Deep discounts (>$150/mo off)
+15 pts: 5+ distinct floor plans
+10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

Moderate availability

8 floor plans

Move-in Specials

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Raleigh 27603

Neighborhood

Lenoxplace at Garner Station Apartments

$1,055 The Villages at McCullers Walk Apartments

$1,298 Comet Garner Apartments

$1,320 Allora Southview

$1,329 Abberly Royal Creek Apartment Homes

$1,402

The Metropolitan Apartments

$1,425

The NinetyNine

$1,425 Allora Pines

$1,469 Hudson at Georgia's Landing

$2,530

Comparing 9 apartments in Raleigh 27603. Click any bar to view that building.

See Raleigh 27603 rent trends on the Raleigh, NC map Explore Raleigh, NC on the interactive map

Available Units

Sort

8 units

Studio / 1 Bath Sidecar

$1,425/mo

556 ft² · $2.56/ft² · #1

Up $15 since Aug 7 (was $1,410)

1 Bed / 1 Bath Swordfish

$1,640/mo

731 ft² · $2.24/ft² · #3

Up $15 since Aug 11 (was $1,625)

1 Bed / 1 Bath Flapper

$1,720/mo

731 ft² · $2.35/ft² · #2

Up $15 since Aug 11 (was $1,705)

2 Bed / 2 Bath Blind Tiger

$1,835/mo

· #6

Down $90 since Aug 7 (was $1,925)

1 Bed / 1 Bath Open Sesame

$1,875/mo

892 ft² · $2.10/ft² · #4

Down $20 since Aug 11 (was $1,895)

2 Bed / 2 Bath Charleston

$1,975/mo

954 ft² · $2.07/ft² · #5

Down $90 since Aug 7 (was $2,065)

2 Bed / 2 Bath Cotton Club

$1,985/mo

· #7

Down $205 since Aug 7 (was $2,190)

2 Bed / 2 Bath Cats Meow

$2,700/mo

1,293 ft² · $2.09/ft² · #8

Up $5 since Aug 11 (was $2,695)

Unit	Floor Plan	Bed/Bath	Sqft	↑ Price	$/Sqft	Available	Listed	Details
1	Sidecar	Studio / 1ba	556	$1,425	$2.56	--	Pro	Up $15 since Aug 7
3	Swordfish	1bd / 1ba	731	$1,640	$2.24	--	Pro	Up $15 since Aug 11
2	Flapper	1bd / 1ba	731	$1,720	$2.35	--	Pro	Up $15 since Aug 11
6	Blind Tiger	2bd / 2ba	--	$1,835	--	--	Pro	Down $90 since Aug 7
4	Open Sesame	1bd / 1ba	892	$1,875	$2.10	--	Pro	Down $20 since Aug 11
5	Charleston	2bd / 2ba	954	$1,975	$2.07	--	Pro	Down $90 since Aug 7
7	Cotton Club	2bd / 2ba	--	$1,985	--	--	Pro	Down $205 since Aug 7
8	Cats Meow	2bd / 2ba	1,293	$2,700	$2.09	--	Pro	Up $5 since Aug 11

Train activity

Severe nighttime trains

Freight line 536 ft away · 7 trains/day

4 daytime, 3 overnight
Crossing 536 ft away. Horns expected day and night.
Operator: CSX

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Raleigh, NC notes

No resident notes for this property yet.