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

$1,577/mo Raleigh, NC average rental price, March 2024
Image Average Rent

The average monthly rent of apartments in Raleigh, NC is $1,577.

    Raleigh, NC apartment rent ranges

    About 38% of apartment rents in Raleigh, NC range between $1,501-$2,000. Meanwhile, apartments priced over > $2,000 represent 10% of apartments. Around 51% of Raleigh’s apartments are in the $1,001-$1,500 price range. 1% of apartments are priced between $701-$1,000.

    Raleigh, NC rent trends

    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 17 Apr 2024.

    What are the best apartments in Raleigh, NC?

    The best apartments in Raleigh, NC are: Atria at Crabtree Valley, Rose Heights Apartments, Lexington on the Green, The Tribute and Regency Place.

    What is the average rent in Raleigh, NC?

    The average rent in Raleigh, NC is $1,577. 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 $585 and $5,384. 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 $835 and $4,755. 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 $1,070 and $6,640. 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 $920 and $7,334. Browse all available 3-bedroom apartments in Raleigh, NC.

    What type of rental buildings are in Raleigh, NC?

    In Raleigh, 48% of the residents are renting compared to 52% 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, 66% 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 57% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 3 stories, of which 89% are garden-style apartment communities, 13% are mid-sized buildings, and 3% are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Raleigh, NC?

    Studio apartments in Raleigh are around 3% of rentals, while 1-bedroom floor plans represent 41% of the total stock. For those in search of larger rentals, 2-bedroom floorplans make up 44% of all rentals. More generous apartments with 3 bedrooms or more are also available in this city for those in search of more space.

    Raleigh, NC in the news

    Living in Raleigh, NC

    Living in location

    Raleigh is the state capital of North Carolina and also one of the fastest-growing cities in the United States. Raleigh was initially built as a planned city after the American Revolutionary War in the late 18th century, and its downtown area still contains many historic buildings. Nowadays, Raleigh is best-known as part of the Research Triangle area, which also contains Durham and Chapel Hill. The Research Triangle is home to world-class technology companies and research universities like North Carolina State University, which attract renters from all around the world. Raleigh renters enjoy the city's trendy downtown area, which has a variety of fun food and nightlife options.

    While Southern food is particularly popular in Raleigh, there are many different cuisines represented here. Renters will also enjoy Raleigh's top-notch cultural institutions, which include the North Carolina Museum of Art and the North Carolina Museum of Natural Sciences. Additionally, if you enjoy spending time outdoors, you'll love renting in Raleigh, as there are many beautiful lakes and hiking areas on the outskirts of the city. Furthermore, Raleigh boasts a vibrant arts scene with numerous galleries, theaters, and live music venues. Its rich history is evident not just in architecture, but also in the local events and festivals celebrated throughout the year.

    Renting in Raleigh, NC

    The Raleigh area has developed at a rapid pace throughout the last few decades, and renters will find many new apartment buildings to choose from. Specifically, there's a mix of modern architecture and traditional colonial architecture, while historic properties complement the new developments. The city is also very green, with lots of trees and open space for renters to enjoy. Meanwhile, in the downtown area, renters will find many mid-rise apartment buildings, as well as some townhomes. Outside of downtown, most neighborhoods consist of single-family homes for rent. These neighborhoods have a traditional suburban feel and are not particularly walkable. Notably, because Raleigh has boomed in recent several years, rental prices have been increasing and are higher than they are in many other cities in the south. Competition for apartments in the area is also quite high.

    Things for renting

    Shopping in Raleigh, NC

    There's no shortage of shopping options for renters in Raleigh to enjoy. For instance, there are many independent shops to browse in the downtown Raleigh area, as well as two major indoor malls in the area - the Crabtree Valley Mall and the Triangle Town Center - both of which contain department stores and popular national chains. The Village District is also a popular upscale outdoor shopping center on the west side of town. Renters have many grocery store options to choose from, including Food Lion and Harris Teeter. Or, Wegman's and Trader Joe's offer a more upscale option, and renters can also head to big-box stores, like Costco, Sam's Club and Walmart, which are located around town. The North Carolina State Farmers' Public Market is also located in Raleigh.

    Transportation in Raleigh, NC

    Driving is the easiest way for renters to get around Raleigh, as many neighborhoods are not walkable. Accordingly, apartments in the area accommodate this with plenty of parking available. Raleigh is also somewhat bike-friendly, with many bike lanes and trails throughout the city that renters can take advantage of. Alternatively, renters who don't have a car can use GoRaleigh and GoTriangle buses. GoRaleigh buses provide local service, while GoTriangle buses provide regional service to key destinations in the region. There's also Amtrak service available from Raleigh's Union Station to other cities throughout the southeast. Finally, for renters who travel frequently, Raleigh-Durham International Airport is located just 15 miles from downtown and has flights throughout the country available.

    Look for apartments near me

    Are you looking to land that one apartment near you that ticks all the boxes? Now you can browse through available RentCafe apartment listings in your area, rated and reviewed by verified residents. Comparing the size, price, amenities and location of apartments for rent near you is easier than ever. Do you feel like expanding the search beyond your neighborhood and ZIP code? Browse apartments for rent in your city and state to find the best fit, wherever you are in the U.S. Somewhere out there is the perfect apartment just waiting for you.

    Whether you're looking for a studio, an apartment with one or more bedrooms, or maybe you're upgrading to a luxury apartment or need to acommodate a pet, RentCafe allows you to easily search for a rental near you based on your criteria, anywhere in the U.S. So, let's find your new home today!

    RentCafe is your one-stop shop for finding a great new apartment in Raleigh, NC. Easily search through a wide selection of apartments for rent in Raleigh, NC, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Raleigh, NC apartments with rents starting from $585 and submit your rental application today!

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