Raleigh, NC Rent Trends
Rank #46, last updated May 20
To calculate the apartment rental trends in each city or neighborhood, ApartmentAdvisor evaluates thousands of available apartment listings in a given market and updates this information daily.
What is the average rent in Raleigh?
The average rent of a studio apartment in Raleigh, NC is $1,369. The average rent of a 1-bedroom in Raleigh, NC is $1,269. The average rent of a 2-bedroom in Raleigh, NC is $1,500. The average rent of a 3-bedroom in Raleigh, NC is $1,995.
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
Rent Prices Over Time in Raleigh
Apartment Rent Ranges in Raleigh
The monthly rent for apartments in Raleigh, NC ranges from $500 to $2,900+.
$500 - $1,100
$1,100 - $1,700
$1,700 - $2,300
$2,300 - $2,900
$2,900+
What is the average apartment size in Raleigh?
The average size of a Raleigh, NC apartment is 1050 square feet, while the median apartment size for Raleigh, NC is 1012 square feet. However, square footage varies based on unit type. Most rentals in Raleigh, NC (38.47%) are 2 bedroom apartments, while the fewest (1.76%) are studio apartments. Meanwhile, 1 bedroom apartments account for 37.85%, and 3+ bedroom apartments make up 21.92%.
Studio
One bedroom
Two bedrooms
Three+ bedrooms
What is the average rent for various neighborhoods in Raleigh?
| Studio | 1 bed | 2 beds | 3+ beds | |
|---|---|---|---|---|
| Hudson And Plaza | * | $1,417 | $1,705 | $2,500 |
Note: We calculate "average" rent as the median, or midpoint, to eliminate any skew from extremely high-priced or low-priced units.
* Insufficient data to calculate value
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