Last updated October 14, 2026

Average Rent in Raleigh, NC & Rent Trends

Rent prices and market trends across 28 apartment communities in Raleigh, NC. Updated daily.

Area All Areas Downtown Meadowlands At Jones Dairy Newsom Creek Overlook Northwest Raleigh Southeast Raleigh Umstead

Raleigh 27603 27612

Beds All Bedrooms Studio 1 Bed 2 Bed 3 Bed 4 Bed

Market Average

$1,623/mo

Lowest Available

$599/mo

cheapest unit on market

Communities

tracked daily

Units Listed

524

available now

Rent Watch: cuts and increases

Open Rent Watch →

22 cuts and 7 increases among 41 comparable listings this week. Filter by bedrooms and budget, then inspect each building’s history.

Allora Southview
↓ $75/mo
Cut of 3.4% · Unit 9
The Metropolitan Apartments
↑ $20/mo
Increase of 1.2% · Unit 244
Legacy at Wakefield Apartments
↓ $15/mo
Cut of 1.1% · Unit 11202

Rent by Neighborhood in Raleigh, NC

Compare average rent across Raleigh, NC neighborhoods. Click any area to see detailed trends. View these neighborhoods on the rent map

Neighborhood	Avg Rent	30d Change	From	Properties	Units
Northwest Raleigh	$1,894	▼ $40	$1,580	1	47
Raleigh 27603	$1,667	▼ $164	$1,153	8	102
Umstead	$1,614	▲ $17	$1,337	1	21
Raleigh 27612	$1,603	▼ $87	$1,315	3	60
Newsom Creek Overlook	$1,549	▼ $14	$950	7	145
Meadowlands At Jones Dairy	$1,452	▼ $86	$1,096	2	64
Southeast Raleigh	$1,059	-	$700	2	8

Is Rent Going Up or Down in Raleigh, NC?

As of October 2026, the average rent in Raleigh, NC is $1,623 per month across 28 apartment communities and 524 available units.

The most affordable option is Centennial Ridge Student Housing starting at $599/mo. By unit type, a studio averages $1,362/mo, a 1-bedroom averages $1,412/mo, a 2-bedroom averages $1,671/mo, a 3-bedroom averages $1,991/mo, a 4-bedroom averages $789/mo.

Prices range from $599 to $2,715 per month. The most common price point is the $1,400 range, where 140 units are currently listed.

Raleigh, NC Rent Price History

Timeframe

View as table

Month	Avg Rent	Change	Properties
April 2026	$1,623	-	10
May 2026	$1,663	+$40	16
June 2026	$1,734	+$71	19
July 2026	$1,709	-$25	25
August 2026	$1,692	-$17	25
September 2026	$1,662	-$30	29
October 2026	$1,609	-$53	31

The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Raleigh, NC

Studio

$1,362

from $1,284 · 4 units

1 Bed

$1,412

from $700 · 186 units

2 Bed

$1,671

from $830 · 209 units

3 Bed

$1,991

from $599 · 112 units

4 Bed

$789

from $789 · 13 units

Rent Prices by Apartment in Raleigh, NC

Property	Starting at	Average	Units	Rating
Centennial Ridge Student Housing	$599/mo	$606/mo	11	3.1
The Summit At Sawyer Apartments	$700/mo	$840/mo	5	5
University Village at 2505	$789/mo	$789/mo	13	3
Sumter Square	$950/mo	$1,166/mo	10	3.5
The Summit at Avent Ferry	$1,076/mo	$1,209/mo	13	3.4
Legacy at Wakefield Apartments	$1,096/mo	$1,395/mo	46	4.3
Lenoxplace at Garner Station Apartments	$1,151/mo	$1,327/mo	22	4.3
Wesley Apartments	$1,240/mo	$1,564/mo	34	4.4
Bell Jones Franklin	$1,245/mo	$1,541/mo	24	4.8
The Enclave at Crossroads	$1,263/mo	$1,614/mo	21	4.3
Allora Southview	$1,284/mo	$1,695/mo	8	4.9
Marquis on Edwards Mill	$1,313/mo	$1,672/mo	26	4.5
Comet Garner Apartments	$1,325/mo	$1,503/mo	8	4.5
The Villages at McCullers Walk Apartments	$1,328/mo	$1,540/mo	4	4.7
MAA Vale	$1,333/mo	$1,677/mo	8	4.6
Elevate Brier Creek	$1,337/mo	$1,614/mo	21	4.8
Wakefield Glen Apartments	$1,362/mo	$1,597/mo	18	4
Marq at Crabtree	$1,369/mo	$1,554/mo	20	4.4
Centerview at Crossroads	$1,371/mo	$1,729/mo	31	4.5
The Metropolitan Apartments	$1,385/mo	$1,714/mo	12	4.8
The Pines at Peach Road Apartments	$1,390/mo	$1,390/mo	1	4.1
Lake Johnson Mews Apartments & Townhomes	$1,409/mo	$1,635/mo	11	4.7
Forest Edge Townhomes	$1,425/mo	$1,425/mo	3	3.8
Allora Pines	$1,444/mo	$1,725/mo	6	4.5
Brook Hill Townhouses	$1,445/mo	$1,450/mo	2	4
Parker Apartments	$1,499/mo	$1,832/mo	44	4.8
Vintage Raleigh West	$1,580/mo	$1,894/mo	47	4.7
Hudson at Georgia's Landing	$2,140/mo	$2,213/mo	55	4.7

Frequently Asked Questions About Rent in Raleigh, NC

What is the average rent in Raleigh, NC?

The average rent in Raleigh, NC is $1,623 per month as of October 2026, based on 524 units across 28 apartment communities.

Is rent going up or down in Raleigh, NC?

The current average rent in Raleigh, NC is $1,623/mo, refreshed daily to track rent trends.

What is the cheapest apartment in Raleigh, NC?

The most affordable apartment in Raleigh, NC is Centennial Ridge Student Housing with units starting at $599/mo.

How much is a 1-bedroom apartment in Raleigh, NC?

A 1-bedroom apartment in Raleigh, NC averages $1,412/mo, with prices starting at $700/mo across 186 available units.

How many apartments are available in Raleigh, NC?

There are 524 units available across 28 apartment communities in Raleigh, NC.

What salary do I need to live comfortably in Raleigh, NC?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$65,000/year

Based on the 30 percent rule, using our tracked average rent of $1,623/mo.

Comfortable income

$78,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($599/mo), you need to earn at least $24,000/year.

Median household income in Raleigh, NC is $82,424 , about 6% above the comfortable-living threshold.

Cost of living in Raleigh, NC

Overall prices in Raleigh, NC runs below the national average by about 2% (BEA Regional Price Parity index 98.4, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Raleigh, NC's regional price parities.

Category	Monthly estimate	Source
Rent (market average)	$1,623	daily refresh
Utilities	$447	BLS × BEA RPP
Groceries	$523	BLS × BEA RPP
Transportation	$1,066	BLS × BEA RPP
Healthcare	$520	BLS × BEA RPP
Other goods and services	$832	BLS × BEA RPP
Estimated total	$5,011/mo	$60,130/year

Population

470,763

Median household income

$82,424

Census median rent

$1,468/mo

Census rent burden

30.5%

Median age

34.7

Mean commute

23 min

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures were last published in 2023.

North Carolina Rent Trends

Compare rent across all North Carolina cities

Raleigh, NC Neighborhood Rent Map

See rent history by neighborhood on a map

Explore Raleigh, NC on Map

See neighborhoods and rent data interactively

US-wide rent comparison

See how Raleigh, NC rents stack up against the national median