Last updated August 12, 2026

Average Rent in Raleigh, NC & Rent Trends

Rent prices and market trends across 22 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

Market Average

$1,543/mo

▼ 3.9% from last month

Lowest Available

$1,052/mo

cheapest unit on market

Communities

tracked daily

Units Listed

167

available now

Price Cuts This Week in Raleigh, NC

123 listed units across 16 buildings offering 1 bed units in Raleigh, NC dropped their asking rent in the past 7 days, an average cut of $70/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment	Unit	Last Week	Now	Cut
Centerview at Crossroads	Unit 3	$1,948	$1,482	$466
The NinetyNine	Unit 1408	$2,235	$1,849	$386
The NinetyNine	Unit 1409	$2,235	$1,849	$386
The NinetyNine	Unit 6101, C2 - Electra	$2,235	$1,849	$386
The NinetyNine	Unit 6201, C2 - Electra	$2,235	$1,849	$386
Lake Johnson Mews Apartments & Townhomes	Unit 10, The Franklin	$2,247	$1,930	$317
The NinetyNine	Unit 1314, B3.1 - Delta	$2,005	$1,749	$256
The NinetyNine	Unit 1106, B2 - Bristol	$1,995	$1,749	$246

See today's prices on all 167 listed units

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	$1,952	▲ $60	$1,419	1	60
Northwest Raleigh	$1,829	▼ $1	$1,270	3	87
Newsom Creek Overlook	$1,797	▲ $400	$1,095	6	61
Raleigh 27603	$1,716	▼ $27	$1,052	9	87
Raleigh 27612	$1,678	▼ $94	$1,201	3	48
Meadowlands At Jones Dairy	$1,594	▲ $37	$1,102	2	32
Umstead	$1,553	▼ $12	$1,347	1	13

Is Rent Going Up or Down in Raleigh, NC?

As of August 2026, the average rent in Raleigh, NC is $1,543 per month across 22 apartment communities and 167 available units. Rents have decreased $66 (3.9%) over the past month.

The most affordable option is Lenoxplace at Garner Station Apartments starting at $1,052/mo. By unit type, a 1-bedroom averages $1,543/mo.

Prices range from $1,052 to $2,111 per month. The most common price point is the $1,400 range, where 70 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	$1,660	+$37	15
June 2026	$1,715	+$55	17
July 2026	$1,697	-$18	23
August 2026	$1,683	-$14	23

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.

Rent Price Distribution

Rent by Bedroom Type in Raleigh, NC

1 Bed

$1,543

from $1,052 · 167 units

Rent Prices by Apartment in Raleigh, NC

Property	Starting at	Average	Units	Rating
Lenoxplace at Garner Station Apartments	$1,052/mo	$1,117/mo	11	4.3
Sumter Square	$1,095/mo	$1,095/mo	1	3.5
Legacy at Wakefield Apartments	$1,102/mo	$1,265/mo	6	4.3
The Enclave at Crossroads	$1,215/mo	$1,215/mo	1	4.3
Wesley Apartments	$1,270/mo	$1,448/mo	19	4.4
MAA Vale	$1,298/mo	$1,486/mo	16	4.6
The Villages at McCullers Walk Apartments	$1,298/mo	$1,366/mo	3	4.7
Comet Garner Apartments	$1,320/mo	$1,320/mo	1	4.5
Marq at Crabtree	$1,327/mo	$1,412/mo	5	4.4
Elevate Brier Creek	$1,347/mo	$1,404/mo	7	4.8
Centerview at Crossroads	$1,356/mo	$1,406/mo	2	4.5
District at 54	$1,365/mo	$1,526/mo	13	4
Marquis on Edwards Mill	$1,387/mo	$1,422/mo	2	4.5
Lake Johnson Mews Apartments & Townhomes	$1,408/mo	$1,429/mo	3	4.7
The NinetyNine	$1,425/mo	$1,468/mo	5	4.3
Wakefield Glen Apartments	$1,450/mo	$1,554/mo	5	4
Allora Southview	$1,469/mo	$1,482/mo	3	4.9
Allora Pines	$1,469/mo	$1,539/mo	2	4.5
Vintage Raleigh West	$1,524/mo	$1,603/mo	11	4.7
The Reverie at Lake Boone	$1,563/mo	$1,637/mo	17	4.8
The Metropolitan Apartments	$1,640/mo	$1,745/mo	3	4.8
Mira Raleigh Apartments	$1,746/mo	$1,895/mo	31	4.9

Frequently Asked Questions About Rent in Raleigh, NC

What is the average rent in Raleigh, NC?

The average rent in Raleigh, NC is $1,543 per month as of August 2026, based on 167 units across 22 apartment communities.

Is rent going up or down in Raleigh, NC?

Rent in Raleigh, NC has decreased $66 (3.9%) over the past month. The current average is $1,543/mo.

What is the cheapest apartment in Raleigh, NC?

The most affordable apartment in Raleigh, NC is Lenoxplace at Garner Station Apartments with units starting at $1,052/mo.

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

A 1-bedroom apartment in Raleigh, NC averages $1,543/mo, with prices starting at $1,052/mo across 167 available units.

How many apartments are available in Raleigh, NC?

There are 167 units available across 22 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

$62,000/year

Based on the 30 percent rule, using our tracked average rent of $1,543/mo.

Comfortable income

$74,000/year

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

To afford the cheapest tracked apartment ($1,052/mo), you need to earn at least $42,000/year.

Median household income in Raleigh, NC is $82,424 , about 11% 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)	$1,543	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	$4,931/mo	$59,170/year

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.

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