What is the average apartment size in Downtown Raleigh, Raleigh, NC?

The average size for a Downtown Raleigh, Raleigh, NC apartment is 838 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Downtown Raleigh?

As of Jun / 2026, the average rent in Downtown Raleigh is $1,896 per month, a 4.23% decrease from last years average of $1,980.

How much does rent cost by apartment size in Downtown Raleigh?

In Downtown Raleigh, studios rent for $1,375 per month, one-bedroom units average $1,734 per month, two-bedrooms cost around $2,386 per month.

What is the average apartment size in Downtown Raleigh?

The typical apartment in Downtown Raleigh offers about 838 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Downtown Raleigh?

Studio apartments in Downtown Raleigh average 550 sq. ft., one-bedrooms offer 730 sq. ft., two-bedrooms are about 1,151 sq. ft.

Downtown Raleigh, Raleigh, NC Rental Market Trends

Q: What's the typical rent budget in Downtown Raleigh?

The typical rent budget in Downtown Raleigh ranges from $1,501 to $2,000 per month, with 44% of rentals in this range.

Q: Do most people rent or own in Downtown Raleigh?

In Downtown Raleigh, 72% of households rent while 28% own their homes, based on the latest U.S. Census data.

Last updated: August 01, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Raleigh is $1,896, a 4.23% decrease compared to the previous year, when the average rent was $1,980.

Studio Apartments at $1,375 offer the most budget-friendly option with 550 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 730 square feet for $1,734, balancing privacy and affordability.

Two-bedroom units at $2,386 offer 1,151 square feet, perfect for roommates or small families.

Average rent in Downtown Raleigh, Raleigh, NC

Last updated: August 01, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,896	838 sq. ft.
Studio	$1,375	550 sq. ft.
1 Bed	$1,734	730 sq. ft.
2 Beds	$2,386	1,151 sq. ft.
3 Beds	n/a	n/a

Downtown Raleigh, Raleigh, NC rent trends

Rental prices in Downtown Raleigh, Raleigh, NC have decreased by 4.23% over the past year. The average rent moved from $1,980 to $1,896.

What's the typical rent budget in Downtown Raleigh, Raleigh, NC?

The largest share of rentals in Downtown Raleigh, Raleigh, NC (44%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Downtown Raleigh, Raleigh, NC?

1,744 or 72% of the households in Downtown Raleigh, Raleigh, NC are renter-occupied while 691 or 28% are owner-occupied.

Most affordable neighborhoods in Downtown Raleigh?

North Haven $1,011/month

Winslow Ridge at Sunnybrook $1,125/month

Glenwood North $1,212/month

All of these neighborhoods fall below the city wide average of $1,584/month.

Most expensive neighborhoods in Downtown Raleigh?

Colonial Heights $2,519/month

Trailwood $2,620/month

Willmont $2,902/month

These neighborhoods typically command higher rents due to location, amenities, and demand.

Average Rent in Raleigh, NC By Neighborhood

Neighborhood	Average Rent
Willmont	$2,902
Trailwood	$2,620
Colonial Heights	$2,519
North Hills	$2,356
Wolf Crossing	$2,185
Fairmont	$2,130
Country Club Hills	$2,035
Farrior Hills	$1,941
Downtown Raleigh	$1,896
Caraleigh Mills	$1,893
Cameron Village	$1,824
Glenwood	$1,807
Trinity Park	$1,791
Woods of Ashbury	$1,731
Camley Hills	$1,682
Renaissance Park	$1,680
Lockwood	$1,666
Eastgate	$1,649
Brookwood	$1,637
Alexander Place	$1,623
Woodcrest	$1,619
North Shore	$1,602
Meredith Woods	$1,580
Laurel Hills	$1,560
Beachwood	$1,559
Lakeview	$1,552
Suncreek	$1,551
Brentwood	$1,548
Brier Creek	$1,546
Village of Tryon	$1,541
Northglen	$1,534
Wakefield Plantation	$1,527
Northridge Trace	$1,518
North Ridge	$1,517
Simms Branch - Anson Grove	$1,502
Silver Lake	$1,496
Autumn Woods	$1,484
Village of Fox Run	$1,461
Northwest Woods	$1,460
Brookside Village	$1,449
Crown Oaks	$1,437
Thornton Commons	$1,428
Olde Province	$1,423
Ashebrook	$1,415
Pinewinds	$1,394
Deblyn Park	$1,380
Greenbrier	$1,379
Westlake Village	$1,366
Northclift	$1,361
Bent Creek	$1,347
Pepperdyne	$1,345
Hertford Village	$1,341
Old Farm	$1,323
Hampton Oaks	$1,320
Riverbirch	$1,318
Sweetbriar	$1,316
Glen Forest	$1,293
Brookhaven	$1,288
Hope Valley	$1,286
College View	$1,236
Timberlake Estates	$1,230
Glenwood North	$1,212
Winslow Ridge at Sunnybrook	$1,125
North Haven	$1,011

Raleigh | Rent Comparison by Neighborhood

Rent in Downtown Raleigh is 17% higher than in Alexander Place

$1,896

Downtown Raleigh rent is the same as Raleigh average

Average Rent $1,896

$1,623

Alexander Place rent is 14% lower than Raleigh average

Average Rent $1,623

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 Downtown 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.