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

The average size for a Downtown Raleigh, Raleigh, NC apartment is 836 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 Jul / 2026, the average rent in Downtown Raleigh is $1,912 per month, a 2.68% decrease from last years average of $1,965.

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

In Downtown Raleigh, studios rent for $1,395 per month, one-bedroom units average $1,749 per month, two-bedrooms cost around $2,409 per month.

What is the average apartment size in Downtown Raleigh?

The typical apartment in Downtown Raleigh offers about 836 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 727 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 46% 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 31, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Downtown Raleigh is $1,912, a 2.68% decrease compared to the previous year, when the average rent was $1,965.

Studio Apartments at $1,395 offer the most budget-friendly option with 550 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 $2,409 offer 1,151 square feet, perfect for roommates or small families.

Average rent in Downtown Raleigh, Raleigh, NC

Last updated: August 31, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,912	836 sq. ft.
Studio	$1,395	550 sq. ft.
1 Bed	$1,749	727 sq. ft.
2 Beds	$2,409	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 2.68% over the past year. The average rent moved from $1,965 to $1,912.

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

The largest share of rentals in Downtown Raleigh, Raleigh, NC (46%) 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 $999/month

Winslow Ridge at Sunnybrook $1,100/month

Glenwood North $1,207/month

All of these neighborhoods fall below the city wide average of $1,588/month.

Most expensive neighborhoods in Downtown Raleigh?

North Hills $2,403/month

Trailwood $2,410/month

Willmont $2,910/month

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

Average Rent in Raleigh, NC By Neighborhood

Neighborhood	Average Rent
Willmont	$2,910
Trailwood	$2,410
North Hills	$2,403
Colonial Heights	$2,371
Fairmont	$2,139
The Townes at Crabtree	$2,116
Country Club Hills	$2,113
Caraleigh Mills	$1,930
Farrior Hills	$1,917
Downtown Raleigh	$1,912
Cameron Village	$1,835
Glenwood	$1,831
Trinity Park	$1,774
Woods of Ashbury	$1,724
Camley Hills	$1,694
Renaissance Park	$1,684
Lockwood	$1,661
Woodcrest	$1,653
Eastgate	$1,648
Crabtree Woods	$1,644
Laurel Hills	$1,643
Brookwood	$1,643
Alexander Place	$1,608
Silver Lake	$1,598
Meredith Woods	$1,589
Suncreek	$1,577
Brentwood	$1,555
Brier Creek	$1,543
Lakeview	$1,542
Wakefield Plantation	$1,535
Village of Tryon	$1,534
Beachwood	$1,531
North Shore	$1,529
North Ridge	$1,526
Village of Fox Run	$1,522
Northridge Trace	$1,520
Simms Branch - Anson Grove	$1,508
Brookside Village	$1,489
Autumn Woods	$1,480
Northwest Woods	$1,463
Crown Oaks	$1,447
Legacy Oaks	$1,447
Northglen	$1,416
Pinewinds	$1,408
Greenbrier	$1,392
Ashebrook	$1,392
Thornton Commons	$1,390
Olde Province	$1,384
Deblyn Park	$1,384
Westlake Village	$1,378
Glen Forest	$1,353
Pepperdyne	$1,348
Northclift	$1,342
Old Farm	$1,327
Bent Creek	$1,320
Hampton Oaks	$1,316
Hertford Village	$1,315
Sweetbriar	$1,314
Brookhaven	$1,305
Hope Valley	$1,292
Riverbirch	$1,273
Timberlake Estates	$1,256
College View	$1,226
Glenwood North	$1,207
Winslow Ridge at Sunnybrook	$1,100
North Haven	$999

Raleigh | Rent Comparison by Neighborhood

Rent in Downtown Raleigh is 19% higher than in Alexander Place

$1,912

Downtown Raleigh rent is the same as Raleigh average

Average Rent $1,912

$1,608

Alexander Place rent is 16% lower than Raleigh average

Average Rent $1,608

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.