Raleigh, NC Rental Market Trends
Last updated: February 19, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Raleigh is $1,574, a 0.06% increase compared to the previous year, when the average rent was $1,573.
Studio Apartments at $1,327 offer the most budget-friendly option with 516 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 753 square feet for $1,387, balancing privacy and affordability.
Two-beedroom units at $1,628 offer 1,085 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,340 sq ft) for $2,033, suitable for larger households.
Average rent in Raleigh, NC
Last updated: February 19, 2026
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,574 | 949 sq. ft. |
| Studio | $1,327 | 516 sq. ft. |
| 1 Bed | $1,387 | 753 sq. ft. |
| 2 Beds | $1,628 | 1,085 sq. ft. |
| 3 Beds | $2,033 | 1,340 sq. ft. |
Raleigh, NC rent trends
Rental prices in Raleigh, NC have increased by 0.06% over the past year. The average rent moved from $1,573 to $1,574.
What's the typical rent budget in Raleigh, NC?
The largest share of rentals in Raleigh, NC (52%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Raleigh, NC?
96,029 or 49% of the households in Raleigh, NC are renter-occupied while 100,895 or 51% are owner-occupied.
Most affordable neighborhoods in Raleigh?
Winslow Ridge at Sunnybrook $1,148/month
North Haven $1,177/month
Glenwood North $1,210/month
All of these neighborhoods fall below the city wide average of $1,574/month.Most expensive neighborhoods in Raleigh?
Wolf Crossing $2,305/month
Trailwood $2,754/month
Willmont $2,929/month
These neighborhoods typically command higher rents due to location, amenities, and demand.Average Rent in Raleigh, NC By Neighborhood
| Neighborhood | Average Rent |
|---|---|
| Willmont | $2,929 |
| Trailwood | $2,754 |
| Wolf Crossing | $2,305 |
| Fairmont | $2,189 |
| The Townes at Crabtree | $2,039 |
| Country Club Hills | $1,964 |
| Caraleigh Mills | $1,939 |
| Downtown Raleigh | $1,935 |
| Glenwood | $1,836 |
| Cameron Village | $1,835 |
| Pullen Park Terrace | $1,824 |
| Farrior Hills | $1,815 |
| James W Dickens | $1,754 |
| Renaissance Park | $1,735 |
| North College Park | $1,734 |
| Eastgate | $1,731 |
| Trinity Park | $1,728 |
| Woods of Ashbury | $1,705 |
| Woodcrest | $1,688 |
| Camley Hills | $1,675 |
| Crabtree Heights | $1,635 |
| Simms Branch - Anson Grove | $1,611 |
| Alexander Place | $1,586 |
| North Shore | $1,579 |
| Hedingham | $1,570 |
| Brentwood | $1,546 |
| Wakefield Plantation | $1,538 |
| Northwest Woods | $1,537 |
| Crabtree Woods | $1,534 |
| Lakeview | $1,532 |
| Brier Creek | $1,531 |
| Suncreek | $1,523 |
| Northridge Trace | $1,517 |
| Legacy Oaks | $1,515 |
| Laurel Hills | $1,514 |
| Beachwood | $1,506 |
| North Ridge | $1,502 |
| Northglen | $1,485 |
| Silver Lake | $1,467 |
| Crown Oaks | $1,463 |
| Falcon Ridge | $1,462 |
| Glen Forest | $1,460 |
| Meredith Woods | $1,459 |
| Brookside Village | $1,453 |
| Sunnybrook Estates | $1,440 |
| Olde Raleigh | $1,429 |
| Village of Tryon | $1,426 |
| Ashebrook | $1,423 |
| Village of Fox Run | $1,418 |
| Pinewinds | $1,392 |
| Cardinal Grove | $1,392 |
| Thornton Commons | $1,383 |
| College View | $1,379 |
| Greenbrier | $1,372 |
| Westlake Village | $1,366 |
| Northclift | $1,361 |
| Hertford Village | $1,353 |
| Olde Province | $1,343 |
| Brookhaven | $1,340 |
| Hampton Oaks | $1,328 |
| Pepperdyne | $1,325 |
| Bent Creek | $1,321 |
| Autumn Woods | $1,319 |
| Old Farm | $1,302 |
| Deblyn Park | $1,301 |
| Hope Valley | $1,294 |
| Sweetbriar | $1,276 |
| Riverbirch | $1,254 |
| Timberlake Estates | $1,218 |
| Glenwood North | $1,210 |
| North Haven | $1,177 |
| Winslow Ridge at Sunnybrook | $1,148 |
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Raleigh | Rent Comparison by Neighborhood
Rent in Alexander Place is 11% higher than in Ashebrook
$1,586
Alexander Place rent is 1% higher than Raleigh average
Average Rent
$1,586
$1,423
Ashebrook rent is 10% lower than Raleigh average
Average Rent
$1,423
How Raleigh Compares to Other Cities
| City | Average Rent |
|---|---|
| Raleigh | $1,574 |
| Charlotte | $1,652 |
| Winston - Salem | $1,280 |
| Greensboro | $1,322 |
| Durham | $1,541 |
| Fayetteville | $1,279 |
| Concord | $1,525 |
| Clayton | $1,590 |
| Wilmington | $1,613 |
| High Point | $1,243 |
| Mooresville | $1,617 |
| Cary | $1,631 |
| Morrisville | $1,641 |
| Garner, NC | $1,440 |
| Wake Forest, NC | $1,623 |
| Chapel Hill, NC | $1,778 |
| Fuquay Varina, NC | $1,628 |
| Apex, NC | $1,625 |
| Knightdale, NC | $1,533 |
| Holly Springs, NC | $1,728 |
| Creedmoor, NC | $1,466 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Raleigh apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.