Raleigh, NC Rent Trends

Rank #57, last updated March 13

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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 $1,048. The average rent of a 1-bedroom in Raleigh, NC is $1,118. The average rent of a 2-bedroom in Raleigh, NC is $1,495. The average rent of a 3-bedroom in Raleigh, NC is $1,900.

Studio

$1,048


1 bed

$1,118


2 beds

$1,495


3+ beds

$1,900

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

Feb 25 2024Apr 11 2024May 27 2024Jul 11 2024Aug 25 2024Oct 10 2024Nov 25 2024Jan 10 2025Mar 13 2025$900$1,150$1,400$1,850
  • Raleigh
  • National

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 1134 square feet, while the median apartment size for Raleigh, NC is 1070 square feet. However, square footage varies based on unit type. Most rentals in Raleigh, NC (34.52%) are 2 bedroom apartments, while the fewest (14.48%) are 1 bedroom apartments. Meanwhile, 3+ bedroom apartments account for 31.94%, and studio apartments make up 19.05%.

Studio

One bedroom

Two bedrooms

Three+ bedrooms

What is the average rent for various neighborhoods in Raleigh?

Studio1 bed2 beds3+ beds
Hudson And Plaza$996*$1,599$2,400

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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