Last updated
Average Rent in Raleigh, NC & Rent Trends
Rent prices and market trends across 25 apartment communities in Raleigh, NC. Updated daily.
Market Average
$1,673/mo
▼ 5.1% from last month
Lowest Available
$830/mo
cheapest unit on market
Communities
25
tracked daily
Units Listed
212
available now
Rent Watch: cuts and increases
Open Rent Watch →22 cuts and 1 increases among 30 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
Cut of 1.1% · Unit 120
- 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 $1,673 per month across 25 apartment communities and 212 available units. Rents have decreased $90 (5.1%) over the past month.
The most affordable option is The Summit At Sawyer Apartments starting at $830/mo. By unit type, a 2-bedroom averages $1,673/mo.
Prices range from $830 to $2,747 per month. The most common price point is the $1,800 range, where 63 units are currently listed.
Raleigh, NC Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| April 2026 | $1,623 | - | 10 |
| May 2026 | $1,648 | +$25 | 17 |
| June 2026 | $1,710 | +$62 | 19 |
| July 2026 | $1,681 | -$29 | 25 |
| August 2026 | $1,674 | -$7 | 25 |
| September 2026 | $1,644 | -$30 | 27 |
| October 2026 | $1,619 | -$25 | 28 |
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.
Rent Price Distribution
Rent by Bedroom Type in Raleigh, NC
Rent Prices by Apartment in Raleigh, NC
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Summit At Sawyer Apartments | $830/mo | $875/mo | 2 | 5 |
| Sumter Square | $1,059/mo | $1,172/mo | 6 | 3.5 |
| Lenoxplace at Garner Station Apartments | $1,288/mo | $1,354/mo | 11 | 4.3 |
| Legacy at Wakefield Apartments | $1,290/mo | $1,433/mo | 24 | 4.3 |
| The Summit at Avent Ferry | $1,302/mo | $1,353/mo | 5 | 3.4 |
| The Pines at Peach Road Apartments | $1,390/mo | $1,390/mo | 1 | 4.1 |
| Forest Edge Townhomes | $1,425/mo | $1,425/mo | 3 | 3.8 |
Frequently Asked Questions About Rent in Raleigh, NC
What is the average rent in Raleigh, NC?
Is rent going up or down in Raleigh, NC?
What is the cheapest apartment in Raleigh, NC?
How many apartments are available 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
$67,000/year
Based on the 30 percent rule, using our tracked average rent of $1,673/mo.
Comfortable income
$80,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($830/mo), you need to earn at least $33,000/year.
Median household income in Raleigh, NC is $82,424 , about 3% 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 |
|---|---|
| Rent (market average) | $1,673 |
| Utilities | $447 |
| Groceries | $523 |
| Transportation | $1,066 |
| Healthcare | $520 |
| Other goods and services | $832 |
| Estimated total | $5,061/mo |
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.
Google Search Trends for Raleigh, NC Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Raleigh, NC Apartments
Browse all 25 communities with daily-updated pricing and availability.