Last updated October 9, 2026

Average Rent in Raleigh, NC & Rent Trends

Rent prices and market trends across 31 apartment communities in Raleigh, NC. Updated daily.

Area All Areas Downtown Meadowlands At Jones Dairy Newsom Creek Overlook Northwest Raleigh Umstead

Raleigh 27603 27612

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,626/mo

▼ 7.4% from last month

Lowest Available

$599/mo

cheapest unit on market

Communities

tracked daily

Units Listed

577

available now

Rent Watch: cuts and increases

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See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.

Rent by Neighborhood in Raleigh, NC

Compare average rent across Raleigh, NC neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Downtown	$1,843	▼ $488	$700	2	54
Northwest Raleigh	$1,804	▼ $14	$1,236	3	95
Umstead	$1,614	▲ $37	$1,337	1	21
Raleigh 27612	$1,613	▼ $92	$1,325	3	61
Raleigh 27603	$1,577	▼ $188	$599	14	163
Newsom Creek Overlook	$1,552	▼ $44	$1,078	6	120
Meadowlands At Jones Dairy	$1,457	▼ $69	$1,107	2	63

Is Rent Going Up or Down in Raleigh, NC?

As of October 2026, the average rent in Raleigh, NC is $1,626 per month across 31 apartment communities and 577 available units. Rents have decreased $130 (7.4%) over the past month.

The most affordable option is Centennial Ridge Student Housing starting at $599/mo. By unit type, a studio averages $1,385/mo, a 1-bedroom averages $1,461/mo, a 2-bedroom averages $1,777/mo, a 3-bedroom averages $1,873/mo, a 4-bedroom averages $799/mo.

Prices range from $599 to $3,375 per month. The most common price point is the $1,400 range, where 152 units are currently listed.

Raleigh, NC Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
April 2026	$1,623	-	10
May 2026	$1,663	+$40	16
June 2026	$1,734	+$71	19
July 2026	$1,709	-$25	25
August 2026	$1,692	-$17	25
September 2026	$1,662	-$30	29
October 2026	$1,599	-$63	31

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Raleigh, NC

Studio

$1,385

from $1,236 · 19 units

1 Bed

$1,461

from $700 · 235 units

2 Bed

$1,777

from $830 · 234 units

3 Bed

$1,873

from $599 · 76 units

4 Bed

$799

from $799 · 13 units

Rent Prices by Apartment in Raleigh, NC

Property	Starting at	Average	Units	Rating
Centennial Ridge Student Housing	$599/mo	$605/mo	13	3.1
The Summit At Sawyer Apartments	$700/mo	$840/mo	5	5
University Village at 2505	$799/mo	$799/mo	13	3
The Summit at Avent Ferry	$1,078/mo	$1,203/mo	14	3.4
Legacy at Wakefield Apartments	$1,107/mo	$1,388/mo	44	4.3
Lake Johnson Mews Apartments & Townhomes	$1,163/mo	$1,614/mo	11	4.7
Wesley Apartments	$1,170/mo	$1,565/mo	40	4.4
Lenoxplace at Garner Station Apartments	$1,182/mo	$1,307/mo	16	4.3
Centerview at Crossroads	$1,195/mo	$1,729/mo	12	4.5
District at 54	$1,236/mo	$1,622/mo	34	4
Bell Jones Franklin	$1,245/mo	$1,554/mo	23	4.8
The Enclave at Crossroads	$1,262/mo	$1,627/mo	20	4.3
Marq at Crabtree	$1,325/mo	$1,525/mo	22	4.4
Marquis on Edwards Mill	$1,328/mo	$1,648/mo	30	4.5
The Villages at McCullers Walk Apartments	$1,328/mo	$1,540/mo	4	4.7
Comet Garner Apartments	$1,330/mo	$1,506/mo	8	4.5
Elevate Brier Creek	$1,337/mo	$1,614/mo	21	4.8
Mira Raleigh Apartments	$1,338/mo	$1,945/mo	49	4.9
Vintage Raleigh West	$1,342/mo	$1,932/mo	32	4.7
Wakefield Glen Apartments	$1,349/mo	$1,616/mo	19	4
The Reverie at Lake Boone	$1,365/mo	$1,875/mo	29	4.8
The Metropolitan Apartments	$1,380/mo	$1,748/mo	11	4.8
The Pines at Peach Road Apartments	$1,390/mo	$1,390/mo	1	4.1
Allora Southview	$1,394/mo	$1,822/mo	8	4.9
The NinetyNine	$1,425/mo	$1,506/mo	15	4.3
Forest Edge Townhomes	$1,425/mo	$1,425/mo	3	3.8
Abberly Royal Creek Apartment Homes	$1,440/mo	$1,777/mo	11	5
Allora Pines	$1,444/mo	$1,731/mo	6	4.5
MAA Vale	$1,468/mo	$1,713/mo	9	4.6
Parker Apartments	$1,499/mo	$1,862/mo	39	4.8
Hudson at Georgia's Landing	$2,215/mo	$2,333/mo	15	4.7

Frequently Asked Questions About Rent in Raleigh, NC

What is the average rent in Raleigh, NC?

The average rent in Raleigh, NC is $1,626 per month as of October 2026, based on 577 units across 31 apartment communities.

Is rent going up or down in Raleigh, NC?

Rent in Raleigh, NC has decreased $130 (7.4%) over the past month. The current average is $1,626/mo.

What is the cheapest apartment in Raleigh, NC?

The most affordable apartment in Raleigh, NC is Centennial Ridge Student Housing with units starting at $599/mo.

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

A 1-bedroom apartment in Raleigh, NC averages $1,461/mo, with prices starting at $700/mo across 235 available units.

How many apartments are available in Raleigh, NC?

There are 577 units available across 31 apartment communities in Raleigh, NC.

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

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,626/mo.

Comfortable income

$78,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($599/mo), you need to earn at least $24,000/year.

Median household income in Raleigh, NC is $82,424 , about 6% 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	Source
Rent (market average)	$1,626	daily refresh
Utilities	$447	BLS × BEA RPP
Groceries	$523	BLS × BEA RPP
Transportation	$1,066	BLS × BEA RPP
Healthcare	$520	BLS × BEA RPP
Other goods and services	$832	BLS × BEA RPP
Estimated total	$5,014/mo	$60,166/year

Population

470,763

Median household income

$82,424

Census median rent

$1,468/mo

Census rent burden

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.

North Carolina Rent Trends

Compare rent across all North Carolina cities

Raleigh, NC Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Raleigh, NC on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Raleigh, NC rents stack up against the national median