Last updated
Average Rent in Northwest Raleigh & Rent Trends
Rent prices and market trends across 3 apartment communities in Northwest Raleigh, Raleigh, NC. Updated daily.
Market Average
$1,818/mo
Lowest Available
$1,270/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
97
available now
Price Cuts This Week in Northwest Raleigh
30 listed units across 3 buildings in Northwest Raleigh dropped their asking rent in the past 7 days, an average cut of $67/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| District at 54 | Unit 441, B2 | $2,001 | $1,880 | $121 |
| The Reverie at Lake Boone | Unit 2-107, Haven | $1,681 | $1,590 | $91 |
| The Reverie at Lake Boone | Unit 3-203, Haven | $1,690 | $1,600 | $90 |
| The Reverie at Lake Boone | Unit 4-016, Haven | $1,695 | $1,605 | $90 |
| District at 54 | Unit 107, B1d | $1,926 | $1,838 | $88 |
| District at 54 | Unit 129, B2HCa | $1,956 | $1,868 | $88 |
| District at 54 | Unit 222, B1 | $1,776 | $1,688 | $88 |
| District at 54 | Unit 253, B3a | $2,101 | $2,013 | $88 |
Northwest Raleigh vs Raleigh, NC Average
Northwest Raleigh is more expensive than the Raleigh, NC average by $93/mo (5%). The citywide average is $1,725/mo across all neighborhoods.
Is Rent Going Up or Down in Northwest Raleigh?
As of August 2026, the average rent in Northwest Raleigh is $1,818 per month across 3 apartment communities and 97 available units.
The most affordable option is The Reverie at Lake Boone starting at $1,270/mo. By unit type, a studio averages $1,379/mo, a 1-bedroom averages $1,584/mo, a 2-bedroom averages $2,063/mo, a 3-bedroom averages $2,494/mo.
Prices range from $1,270 to $2,641 per month. The most common price point is the $1,600 range, where 29 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Northwest Raleigh
Rent Prices by Apartment in Northwest Raleigh
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| The Reverie at Lake Boone | $1,270/mo | $1,924/mo | 33 | 4.8 |
| Vintage Raleigh West | $1,337/mo | $1,838/mo | 30 | 4.7 |
| District at 54 | $1,365/mo | $1,698/mo | 34 | 4 |
Frequently Asked Questions About Rent in Northwest Raleigh
What is the average rent in Northwest Raleigh?
Is rent going up or down in Northwest Raleigh?
What is the cheapest apartment in Northwest Raleigh?
How much is a 1-bedroom apartment in Northwest Raleigh?
How many apartments are available in Northwest Raleigh?
What salary do I need to live comfortably in Northwest Raleigh?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$73,000/year
Based on the 30 percent rule, using our tracked average rent of $1,818/mo.
Comfortable income
$87,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,270/mo), you need to earn at least $51,000/year.
Median household income in Northwest Raleigh is $82,424 , about 6% below the comfortable-living threshold.
Cost of living in Northwest Raleigh
Overall prices in Northwest Raleigh 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 Northwest Raleigh's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,818 |
| Utilities | $447 |
| Groceries | $523 |
| Transportation | $1,066 |
| Healthcare | $520 |
| Other goods and services | $832 |
| Estimated total | $5,206/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.
Google Search Trends for Northwest Raleigh Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Northwest Raleigh Apartments
Browse all 3 communities with daily-updated pricing and availability.