South Park, Raleigh, Wake County, NC Rental Market Trends

Last updated: October 04, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

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Average Rent in Raleigh, NC By Neighborhood

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Raleigh | Rent Comparison by Neighborhood

Neighborhood
vs.

Rent in Alexander Place is 16% higher than in Ashebrook

$1,646

Average Rent $1,646
$1,416

Average Rent $1,416

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 South Park 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.