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 Sep / 2026, the average rent in Downtown Raleigh is $1,935 per month, a 0.8% decrease from last years average of $1,951.

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

In Downtown Raleigh, studios rent for $1,444 per month, one-bedroom units average $1,749 per month, two-bedrooms cost around $2,462 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 552 sq. ft., one-bedrooms offer 727 sq. ft., two-bedrooms are about 1,154 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 45% 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: October 30, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Raleigh is $1,935, a 0.8% decrease compared to the previous year, when the average rent was $1,951.

Studio Apartments at $1,444 offer the most budget-friendly option with 552 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 727 square feet for $1,749, balancing privacy and affordability.

Two-bedroom units at $2,462 offer 1,154 square feet, perfect for roommates or small families.

Average rent in Downtown Raleigh, Raleigh, NC

Last updated: October 30, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,935	838 sq. ft.
Studio	$1,444	552 sq. ft.
1 Bed	$1,749	727 sq. ft.
2 Beds	$2,462	1,154 sq. ft.
3 Beds	n/a	n/a

Downtown Raleigh, Raleigh, NC rent trends

Rental prices in Downtown Raleigh, Raleigh, NC have decreased by 0.8% over the past year. The average rent moved from $1,951 to $1,935.

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

The largest share of rentals in Downtown Raleigh, Raleigh, NC (45%) 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 $984/month

Winslow Ridge at Sunnybrook $1,082/month

Glenwood North $1,204/month

All of these neighborhoods fall below the city wide average of $1,594/month.

Most expensive neighborhoods in Downtown Raleigh?

Trailwood $2,385/month

North Hills $2,406/month

Willmont $2,915/month

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

Average Rent in Raleigh, NC By Neighborhood

Neighborhood	Average Rent
Willmont	$2,915
North Hills	$2,406
Trailwood	$2,385
Colonial Heights	$2,383
Fairmont	$2,145
Country Club Hills	$2,139
The Townes at Crabtree	$2,122
Caraleigh Mills	$1,991
Downtown Raleigh	$1,935
Farrior Hills	$1,920
Cameron Village	$1,829
Glenwood	$1,828
Trinity Park	$1,790
Woods of Ashbury	$1,723
Renaissance Park	$1,699
Eastgate	$1,693
Camley Hills	$1,680
Woodcrest	$1,677
Alexander Place	$1,646
Brookwood	$1,641
Silver Lake	$1,603
Lockwood	$1,595
Wakefield Plantation	$1,593
Meredith Woods	$1,586
Suncreek	$1,568
Laurel Hills	$1,567
Brier Creek	$1,562
Village of Fox Run	$1,550
Lakeview	$1,539
North Shore	$1,530
Village of Tryon	$1,524
Beachwood	$1,504
North Ridge	$1,495
Simms Branch - Anson Grove	$1,493
Northridge Trace	$1,487
Autumn Woods	$1,473
Northwest Woods	$1,470
Brookside Village	$1,468
Crown Oaks	$1,454
Thornton Commons	$1,442
Glen Forest	$1,435
Northglen	$1,420
Ashebrook	$1,416
Deblyn Park	$1,405
Pinewinds	$1,398
Greenbrier	$1,395
Westlake Village	$1,392
Bent Creek	$1,376
Olde Province	$1,367
Brookhaven	$1,335
Pepperdyne	$1,332
Old Farm	$1,331
Northclift	$1,330
Hampton Oaks	$1,308
Hertford Village	$1,297
Hope Valley	$1,292
Sweetbriar	$1,277
Riverbirch	$1,274
Timberlake Estates	$1,232
College View	$1,213
Glenwood North	$1,204
Winslow Ridge at Sunnybrook	$1,082
North Haven	$984

Raleigh | Rent Comparison by Neighborhood

Rent in Downtown Raleigh is 18% higher than in Alexander Place

$1,935

Downtown Raleigh rent is the same as Raleigh average

Average Rent $1,935

$1,646

Alexander Place rent is 15% lower than Raleigh average

Average Rent $1,646

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.