Raleigh, NC Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Raleigh is $1,579, a 0.38% decrease compared to the previous year, when the average rent was $1,585.
Studio Apartments at $1,316 offer the most budget-friendly option with 517 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 754 square feet for $1,400, balancing privacy and affordability.
Two-beedroom units at $1,630 offer 1,085 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,343 sq ft) for $2,030, suitable for larger households.
Average rent in Raleigh, NC
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,579 | 949 sq. ft. |
| Studio | $1,316 | 517 sq. ft. |
| 1 Bed | $1,400 | 754 sq. ft. |
| 2 Beds | $1,630 | 1,085 sq. ft. |
| 3 Beds | $2,030 | 1,343 sq. ft. |
Raleigh, NC rent trends
Rental prices in Raleigh, NC have decreased by 0.38% over the past year. The average rent moved from $1,585 to $1,579.
What's the typical rent budget in Raleigh, NC?
The largest share of rentals in Raleigh, NC (53%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Raleigh, NC?
96,029 or 49% of the households in Raleigh, NC are renter-occupied while 100,895 or 51% are owner-occupied.
Most affordable neighborhoods in Raleigh?
Glenwood North $1,202/month
Riverbirch $1,212/month
Timberlake Estates $1,266/month
All of these neighborhoods fall below the city wide average of $1,579/month.Most expensive neighborhoods in Raleigh?
Country Club Hills $1,957/month
Fairmont $2,178/month
Willmont $2,908/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Raleigh, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Willmont | $2,908 |
| Fairmont | $2,178 |
| Country Club Hills | $1,957 |
| Downtown Raleigh | $1,942 |
| Caraleigh Mills | $1,934 |
| Farrior Hills | $1,867 |
| Cameron Village | $1,841 |
| Glenwood | $1,834 |
| Camley Hills | $1,735 |
| North College Park | $1,734 |
| Renaissance Park | $1,728 |
| James W Dickens | $1,714 |
| Trinity Park | $1,707 |
| Eastgate | $1,655 |
| Alexander Place | $1,610 |
| Hedingham | $1,604 |
| Simms Branch - Anson Grove | $1,602 |
| Suncreek | $1,594 |
| North Shore | $1,567 |
| Glen Forest | $1,559 |
| Northwest Woods | $1,551 |
| Brier Creek | $1,549 |
| Laurel Hills | $1,541 |
| Brentwood | $1,539 |
| Wakefield Plantation | $1,534 |
| Silver Lake | $1,530 |
| Lakeview | $1,523 |
| Beachwood | $1,514 |
| Northridge Trace | $1,512 |
| Meredith Woods | $1,486 |
| North Ridge | $1,480 |
| Village of Tryon | $1,448 |
| Olde Province | $1,445 |
| Ashebrook | $1,433 |
| Olde Raleigh | $1,424 |
| Village of Fox Run | $1,414 |
| Thornton Commons | $1,402 |
| College View | $1,397 |
| Cardinal Grove | $1,392 |
| Brookhaven | $1,382 |
| Northclift | $1,354 |
| Hertford Village | $1,349 |
| Deblyn Park | $1,329 |
| Pepperdyne | $1,325 |
| Sweetbriar | $1,325 |
| Bent Creek | $1,321 |
| Westlake Village | $1,307 |
| Old Farm | $1,302 |
| Hope Valley | $1,282 |
| Timberlake Estates | $1,266 |
| Riverbirch | $1,212 |
| Glenwood North | $1,202 |
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Raleigh | Rent Comparison by Neighborhood
Rent in Alexander Place is 12% higher than in Ashebrook
$1,610
Alexander Place rent is 2% higher than Raleigh average
Average Rent
$1,610
$1,433
Ashebrook rent is 9% lower than Raleigh average
Average Rent
$1,433
How Raleigh Compares to Other Cities
| City | Average Rent |
|---|---|
| Raleigh | $1,579 |
| Charlotte | $1,655 |
| Fayetteville | $1,294 |
| Winston - Salem | $1,290 |
| Durham | $1,529 |
| Greensboro | $1,322 |
| Wilmington | $1,619 |
| Concord | $1,534 |
| Cary | $1,625 |
| Hickory | $1,489 |
| Asheville | $1,698 |
| Clayton | $1,602 |
| Morrisville | $1,659 |
| Apex | $1,651 |
| Chapel Hill, NC | $1,774 |
| Wake Forest, NC | $1,646 |
| Fuquay Varina, NC | $1,628 |
| Garner, NC | $1,451 |
| Holly Springs, NC | $1,686 |
| Knightdale, NC | $1,533 |
| Creedmoor, NC | $1,414 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Raleigh apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.