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Apartments for Rent in Raleigh, NC
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Average rent in Raleigh, NC

$1,630/mo Raleigh, NC average rental price, October 2022
Image Average Rent

The average monthly rent of apartments in Raleigh, NC is $1,630.

    Raleigh, NC apartment rent ranges

    About 45% of apartment rents in Raleigh, NC range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 12% of apartments. Around 40% of Raleigh’s apartments are in the $1,001-$1,500 price range. 3% of apartments are priced between $701-$1,000.

    Raleigh, NC rent trends

    Check out the average rent prices in Raleigh by neighborhood.

    Compared to the national average rent of $1,727, the average rent in Raleigh, NC is $1,630.

    Getting around in Raleigh, NC

    37 /100
    Car-Dependent
    38 /100
    Some Transit
    64 /100
    Bikeable
    Walk Score®: 37, Transit Score®: 38, Bike Score®: 64

    Frequently asked questions

    When were prices and availability in Raleigh, NC last updated?

    Prices and availability in Raleigh, NC were last updated on 6 Feb 2023.

    What are the best apartments in Raleigh, NC?

    The best apartments in Raleigh, NC are: Cambridge Apartments, Rose Heights Apartments, Regency Place, The Dartmouth North Hills Apartments and Cedar Springs Apartments.

    What is the average rent in Raleigh, NC?

    The average rent in Raleigh, NC is $1,630. Start your search for apartments in Raleigh, NC now.

    What is the price range for a studio apartment in Raleigh, NC?

    The price range for a studio apartment in Raleigh, NC is between $916 and $5,089. View all studio apartments in Raleigh, NC.

    What is the price range for a 1-bedroom apartment in Raleigh, NC?

    The price range for a 1-bedroom apartment in Raleigh, NC is between $931 and $7,411. Browse all available 1-bedroom apartments in Raleigh, NC now.

    What is the price range for a 2-bedroom apartment in Raleigh, NC?

    The price range for a 2-bedroom apartment in Raleigh, NC is between $861 and $10,850. Browse and find a 2-bedroom apartment in Raleigh, NC.

    What is the price range for a 3-bedroom apartment in Raleigh, NC?

    The price range for a 3-bedroom apartment in Raleigh, NC is between $1,075 and $14,119. Browse all available 3-bedroom apartments in Raleigh, NC.

    What type of rental buildings are in Raleigh, NC?

    In Raleigh, 49% of the residents are renting compared to 51% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 16% of Raleigh’s rentals, 67% are small-scale complexes with under 50 units, and 16% are single-family rentals.

    What do typical apartment communities look like in Raleigh, NC?

    The average age of rental buildings in Raleigh is 24 years old, with 56% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 68% are garden-style apartment communities, 12% are mid-sized buildings, and 1% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Raleigh, NC?

    Rental apartments in Raleigh come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 41% of the total apartments in the city, while 2-bedroom floorplans represent around 44% of all rentals in Raleigh. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Raleigh, NC in the news

    Renter's guide to Raleigh, NC

    Raleigh, the capital city of North Carolina, is the second largest city in the state with over 430,000 people. The city’s been growing steadily for the last two decades, and has a bustling nightlife scene, historic architecture, and diverse culinary options.

    Raleigh sits in what is known as the Research Triangle, consisting of Raleigh, Durham, and Cary. It’s just a short 12 miles from Cary, 25 miles from Durham, and 165 miles northeast of Charlotte.

    The city has a humid subtropical climate, much like the rest of the southeastern United States. The weather in Raleigh is typically very pleasant, with a mild spring and fall. The summers do get pretty hot though, with a lot of rain during the summer months, and the winters are fairly mild, although residents will see some occasional sleet, snow, and freezing rain. The average temperature is 80 degrees F in July, the wettest month of the year, while January averages hover around 41.0 degrees F.

    Tips for renting in Raleigh, NC

    Rights for renters in Raleigh are governed by North Carolina state law, and are very typical or rights of renters throughout the rest of the state and country. There are no special laws that renters need to be aware of in Raleigh, but those moving to the area may need to get used to a southern accents and hospitality!

    Things for renting

    Raleigh, NC demographics

    Raleigh, NC has a population of 469,698 according to the most recent data from the U.S. Census Bureau. 242,704 of Raleigh’s residents are women and 226,994 are men. The median age of those who live in Raleigh, NC is 34.

    Living in Raleigh, NC

    Aside from its ethnic diversity, Raleigh is known for having a vibrant downtown scene, with fun places to see and events to attend throughout the year. The city is also great for those with kids, as Forbes named Raleigh the best place in the nation to raise a family in 2014.

    Unfortunately, just like with many major cities, there are not many areas for parking. And most parking that is available is either a metered spot or a pay-for-park lot. The GoRaleigh bus line though is a great way to get around Raleigh, and ridesharing services like Uber and Lyft are also available.

    Raleigh, NC households

    • 102,907 Family
      84,610 Non-family
    • 52,296 Children
      135,221 No Children
    • 187,517Total Number of Households
    • 2.4Average People Per Household
    • $69,720Median Household Income

    According to U.S. Census data, there are 187,517 households in Raleigh, NC. 102,907 are family households and 84,610 are non-family households. There are 52,296 households with children in Raleigh and 135,221 households without children. On average, about 2.4 people live in a household in Raleigh, NC.

    Things to do in Raleigh, NC

    There’s plenty to do and see in Raleigh, including the North Carolina Art Museum, which has fantastic sculptures, paintings, and a highly-sought-after MC Escher exhibit. The Contemporary Art Museum in Raleigh also sometimes hosts work and live music from local artists and bands.

    Raleigh also has lots of different recreational options like Shelley Lake Park, which provides visitors with scenic trails surrounding the lake, multiple playgrounds for the kids, and a basketball court. Durant Nature Preserve is also a popular spot and a great place to see some of what nature has to offer, covering over 230 acres where visitors can check out the lake, camp, hike, and even go mountain biking! Movie goers will love Cinemark Raleigh Grande, a 16-screen cineplex that offers indie and art films, plus food, beer and wine. And for those with kids, the Raleigh iMax never disappoints.

    Looking for a place to relieve stress after work? Check out DefyGravity, a 20,000 sq. ft. facility with wall-to-wall steel-frame trampolines including the world-famous Angled Wall Trampolines, an expansive Olympic Foam Pit, and one of the largest Trampoline Dodgeball cages in America.

    Things to do

    Looking for a place to relieve stress after work? Check out DefyGravity, a 20,000 sq. ft. facility with wall-to-wall steel-frame trampolines including the world-famous Angled Wall Trampolines, an expansive Olympic Foam Pit, and one of the largest Trampoline Dodgeball cages in America.

    One of the more popular spots in Raleigh to grab a drink is Foundation, a whiskey bar that’s known for using only American ingredients. The city also features many local craft breweries like Raleigh Brewing Company and Trophy Brewing, famous for their session IPAs, as well as their Milky Way Stout.

    Shoppers head to the Crabtree Valley Mall, the largest mall in the Triangle covering over 1 million square feet and one of Raleigh’s best places to shop. The mall has over 220 stores, as well as several restaurants including The Cheesecake Factory,  Fleming's Prime Steakhouse & Wine Bar, and McCormick & Schmick's. The Triangle Town Center is also a popular shopping spot in Raleigh for residents, with over 125 stores including anchors Belk, Saks Fifth Avenue, and Macy’s.

    Shoppers head to the Crabtree Valley Mall, the largest mall in the Triangle covering over 1 million square feet and one of Raleigh’s best places to shop. The mall has over 220 stores, as well as several restaurants including The Cheesecake Factory,  Fleming's Prime Steakhouse & Wine Bar, and McCormick & Schmick's. The Triangle Town Center is also a popular shopping spot in Raleigh for residents, with over 125 stores including anchors Belk, Saks Fifth Avenue, and Macy’s.

    There’s no shortage of great food options here either, and Bida Manda is one of the best spots for a night out in Raleigh. It’s traditional Laotian food, and also has some of the tastiest cocktails in the city. Centro is another popular spot in the downtown area for dinner, Bahama Breeze is heaven for those who fancy Caribbean cuisine, and if you’re in Five Points, Lilly’s Pizza is a must. Just as Buku Global if you’re into street food!

    For some locally-grown goodies, the State Farmers Market is one of the biggest and best in the country and has just about everything under the sun. And the goods are always high quality and fresh since the market is associated with one of the nation’s biggest agricultural schools, North Carolina State University.

    There are plenty of things to do in Raleigh for free too, like the Midtown Music Beach Series at North Hills. This popular music series sees over 125,000 guests during the 16-week season and is completely free to the general public.

    For the avid sports fans, two minor league teams play in the area: the Carolina Mudcats, an Atlanta Braves affiliate: and the Durham Bulls, a Chicago White Sox Affiliate. Not to mention for the big basketball fans, on the other ends of the triangle, both Duke and North Carolina play their home basketball games!

    Things to do

    Raleigh, NC employment & economy

    Overall, unemployment in Raleigh is only 4.6 percent, below the national average of 5.5 percent. And for those looking for work in Raleigh, Forbes named Raleigh the second best city in the country for business and careers in 2014 and the 3rd best city for young professionals in 2016. Not to mention, the city is home to RBC Bank, Progress Energy, Ram Air Freight, and part of BB&T.

    Education in Raleigh, NC

    Raleigh has great primary and secondary education, as the city happens to have one of the highest percentages of residents with college degrees in the country, and the Wake County School District serving the area is one of the top 15 districts in the state. The city also has multiple colleges and universities including North Carolina State University, Strayer's North Raleigh Campus, William Peace University, and Wake Technical Community College.

    Raleigh, NC education statistics

    The level of education of the population of Raleigh, NC is as follows: 3% have no high school education, 22% completed some high school, 21% partially completed college, 7% have an Associate Degree, 31% have a Bachelor Degree, and 16% have a Graduate Degree.

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