Skip to content

Last updated

Average Rent in Raleigh, NC & Rent Trends

Rent prices and market trends across 24 apartment communities in Raleigh, NC. Updated daily.

Market Average

$1,683/mo

Lowest Available

$1,095/mo

cheapest unit on market

Communities

24

tracked daily

Units Listed

426

available now

Price Cuts This Week in Raleigh, NC

127 listed units across 21 buildings in Raleigh, NC dropped their asking rent in the past 7 days, an average cut of $40/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
The Villages at McCullers Walk Apartments Unit Design 1B, Design 1B $1,426 $1,268 $158
MAA Vale Unit 4306 $1,508 $1,378 $130
MAA Vale Unit 2413 $1,578 $1,453 $125
Lake Johnson Mews Apartments & Townhomes Unit 12, The Dare $2,261 $2,142 $119
Lake Johnson Mews Apartments & Townhomes Unit 11, The Dare $2,054 $1,936 $118
Allora Southview Unit 9, B3 $2,314 $2,204 $110
Wakefield Glen Apartments Unit 17-103, C1 $2,151 $2,044 $107
MAA Vale Unit 1112 $1,828 $1,728 $100
See today's prices on all 426 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 $1,954 ▼  $15 $1,340 1 51
Northwest Raleigh $1,801 ▼  $1 $1,227 3 89
Raleigh 27603 $1,705 ▼  $7 $1,212 8 77
Raleigh 27612 $1,655 ▲  $23 $1,345 3 32
Umstead $1,600 ▲  $19 $1,399 1 12
Meadowlands At Jones Dairy $1,542 ▼  $34 $1,123 2 34
Newsom Creek Overlook $1,537 ▼  $106 $1,095 6 128

Is Rent Going Up or Down in Raleigh, NC?

As of September 2026, the average rent in Raleigh, NC is $1,683 per month across 24 apartment communities and 426 available units.

The most affordable option is Sumter Square starting at $1,095/mo. By unit type, a studio averages $1,386/mo, a 1-bedroom averages $1,495/mo, a 2-bedroom averages $1,788/mo, a 3-bedroom averages $2,010/mo.

Prices range from $1,095 to $3,375 per month. The most common price point is the $1,400 range, where 111 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 $1,670 -$22 24

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
$1,386
from $1,236 · 23 units
1 Bed
$1,495
from $1,095 · 166 units
2 Bed
$1,788
from $1,159 · 178 units
3 Bed
$2,010
from $1,475 · 59 units

Rent Prices by Apartment in Raleigh, NC

Property Starting at Average Units Rating
Sumter Square $1,095/mo $1,425/mo 44 3.5
Legacy at Wakefield Apartments $1,123/mo $1,452/mo 15 4.3
Wesley Apartments $1,170/mo $1,550/mo 39 4.4
Lenoxplace at Garner Station Apartments $1,212/mo $1,324/mo 19 4.3
District at 54 $1,227/mo $1,640/mo 33 4
Bell Jones Franklin $1,240/mo $1,604/mo 23 4.8
The Villages at McCullers Walk Apartments $1,268/mo $1,461/mo 3 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 $1,683 per month as of September 2026, based on 426 units across 24 apartment communities.

Is rent going up or down in Raleigh, NC?

The current average rent in Raleigh, NC is $1,683/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Raleigh, NC?

The most affordable apartment in Raleigh, NC is Sumter Square with units starting at $1,095/mo.

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

A 1-bedroom apartment in Raleigh, NC averages $1,495/mo, with prices starting at $1,095/mo across 166 available units.

How many apartments are available in Raleigh, NC?

There are 426 units available across 24 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

$67,000/year

Based on the 30 percent rule, using our tracked average rent of $1,683/mo.

Comfortable income

$81,000/year

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

To afford the cheapest tracked apartment ($1,095/mo), you need to earn at least $44,000/year.

Median household income in Raleigh, NC is $82,424 , about 2% 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) $1,683
Utilities $447
Groceries $523
Transportation $1,066
Healthcare $520
Other goods and services $832
Estimated total $5,071/mo

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.

Explore Raleigh, NC Apartments

Browse all 24 communities with daily-updated pricing and availability.

Don't see your city?

Tell us where you're moving. We'll find apartments nearby and start tracking real prices for you, free.

Request Your City

Looking for the best deal?

Find Your Match