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Average Rent in Raleigh, NC & Rent Trends

Rent prices and market trends across 25 apartment communities in Raleigh, NC. Updated daily.

Market Average

$1,881/mo

▼ 3.9% from last month

Lowest Available

$1,104/mo

cheapest unit on market

Communities

25

tracked daily

Units Listed

160

available now

Price Cuts This Week in Raleigh, NC

133 listed units across 16 buildings offering 2 bed units in Raleigh, NC dropped their asking rent in the past 7 days, an average cut of $56/mo. These are the largest cuts, tracked unit by unit with daily price checks.

Apartment Unit Last Week Now Cut
Legacy at Wakefield Apartments Unit 13, B4 $1,674 $1,462 $212
Centerview at Crossroads Unit 6 $2,019 $1,890 $129
Centerview at Crossroads Unit 7 $2,089 $1,960 $129
District at 54 Unit 441, B2 $2,001 $1,880 $121
Lake Johnson Mews Apartments & Townhomes Unit 10, The Franklin $1,930 $1,830 $100
Sumter Square Unit 1, 1 Bedroom $1,095 $995 $100
MAA Vale Unit 3126 $1,488 $1,388 $100
The Reverie at Lake Boone Unit 2-107, Haven $1,681 $1,590 $91
See today's prices on all 160 listed units

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
Downtown $1,918 ▲  $30 $1,360 1 58
Northwest Raleigh $1,810 ▲  $12 $1,260 3 99
Raleigh 27603 $1,729 ▼  $52 $1,053 9 89
Raleigh 27612 $1,659 ▼  $155 $1,273 3 37
Umstead $1,603 ▼  $32 $1,337 1 22
Meadowlands At Jones Dairy $1,583 ▲  $48 $1,102 2 34
Newsom Creek Overlook $1,580 ▲  $257 $995 7 78

Is Rent Going Up or Down in Raleigh, NC?

As of August 2026, the average rent in Raleigh, NC is $1,881 per month across 25 apartment communities and 160 available units. Rents have decreased $67 (3.9%) over the past month.

The most affordable option is Sumter Square starting at $1,104/mo. By unit type, a 2-bedroom averages $1,881/mo.

Prices range from $1,104 to $3,428 per month. The most common price point is the $1,600 range, where 61 units are currently listed.

Raleigh, NC Rent Price History

Timeframe
View as table
Month Avg Rent Change Properties
April 2026 $1,624 - 11
May 2026 $1,648 +$24 17
June 2026 $1,710 +$62 19
July 2026 $1,681 -$29 25
August 2026 $1,680 -$1 24

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

2 Bed
$1,881
from $1,104 · 160 units

Rent Prices by Apartment in Raleigh, NC

Property Starting at Average Units Rating
Sumter Square $1,104/mo $1,196/mo 3 3.5
Lenoxplace at Garner Station Apartments $1,347/mo $1,409/mo 7 4.3
Brook Hill Townhouses $1,379/mo $1,379/mo 1 4
Legacy at Wakefield Apartments $1,434/mo $1,537/mo 7 4.3
Comet Garner Apartments $1,485/mo $1,495/mo 2 4.5
The Enclave at Crossroads $1,526/mo $1,654/mo 2 4.3
The Villages at McCullers Walk Apartments $1,545/mo $1,567/mo 2 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 $1,881 per month as of August 2026, based on 160 units across 25 apartment communities.

Is rent going up or down in Raleigh, NC?

Rent in Raleigh, NC has decreased $67 (3.9%) over the past month. The current average is $1,881/mo.

What is the cheapest apartment in Raleigh, NC?

The most affordable apartment in Raleigh, NC is Sumter Square with units starting at $1,104/mo.

How many apartments are available in Raleigh, NC?

There are 160 units available across 25 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

$75,000/year

Based on the 30 percent rule, using our tracked average rent of $1,881/mo.

Comfortable income

$90,000/year

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

To afford the cheapest tracked apartment ($1,104/mo), you need to earn at least $44,000/year.

Median household income in Raleigh, NC is $82,424 , about 9% below 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) $1,881
Utilities $447
Groceries $523
Transportation $1,066
Healthcare $520
Other goods and services $832
Estimated total $5,269/mo

Population

470,763

Median household income

$82,424

Census median rent

$1,468/mo

Rent as % of income

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.

Explore Raleigh, NC Apartments

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