Last updated
Average Rent in Raleigh NC & Rent Trends
Rent prices and market trends across 15 apartment communities in Raleigh NC. Updated daily.
Market Average
$1,514/mo
▲ +6.8% from last month
Lowest Available
$1,050/mo
cheapest unit on market
Communities
15
tracked daily
Units Listed
119
available now
Rent by Neighborhood in Raleigh NC
Compare average rent across Raleigh NC neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | From | Properties | Units |
|---|---|---|---|---|
| Northwest Raleigh | $1,808 | $1,288 | 4 | 76 |
| Raleigh 27612 | $1,760 | $1,169 | 2 | 45 |
| Raleigh 27603 | $1,747 | $1,220 | 3 | 39 |
| Umstead | $1,561 | $1,350 | 1 | 25 |
| Newsom Creek Overlook | $1,489 | $1,050 | 6 | 113 |
Is Rent Going Up or Down in Raleigh NC?
As of May 2026, the average rent in Raleigh NC is $1,514 per month across 15 apartment communities and 119 available units. Rents have increased $108 (6.8%) over the past month.
The most affordable option is Sumter Square starting at $1,050/mo. By unit type, a 1-bedroom averages $1,514/mo.
Prices range from $1,050 to $1,905 per month. The most common price point is the $1,400 range, where 69 units are currently listed.
Raleigh NC Rent Price History
Rent Price Distribution
Rent by Bedroom Type in Raleigh NC
Rent Prices by Apartment in Raleigh NC
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Sumter Square | $1,050/mo | $1,050/mo | 1 | 3.5 |
| Lake Johnson Mews Apartments & Townhomes | $1,099/mo | $1,099/mo | 1 | 4.7 |
| Lenoxplace at Garner Station Apartments | $1,220/mo | $1,296/mo | 6 | 4.3 |
| Centerview at Crossroads | $1,257/mo | $1,436/mo | 19 | 4.5 |
| Wesley Apartments | $1,295/mo | $1,409/mo | 5 | 4.4 |
| MAA Vale | $1,328/mo | $1,517/mo | 16 | 4.6 |
| The Enclave at Crossroads | $1,328/mo | $1,328/mo | 1 | 4.3 |
Google Search Trends for Raleigh NC Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Raleigh NC
What is the average rent in Raleigh NC?
Is rent going up or down in Raleigh NC?
What is the cheapest apartment in Raleigh NC?
How much is a 1-bedroom apartment in Raleigh NC?
How many apartments are available 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
$61,000/year
30 percent rule -- using our average rent of $1,514/mo.
Comfortable income
$73,000/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 13% 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) | $1,514 |
| Utilities | $447 |
| Groceries | $523 |
| Transportation | $1,066 |
| Healthcare | $520 |
| Other goods and services | $832 |
| Estimated total | $4,902/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.
Explore Raleigh NC Apartments
Browse all 15 communities with daily-updated pricing and availability.