Careers
Favorites
Advertise With Us
Log In
Create Search Alert
Get alerts when new listings become available in the Raleigh area that match this search.
Email address:

Subscribed
Error! Please try again later.
Contact Property
Your Name

Email Address

Phone Number
Desired Move In Date
Desired Number of Bedrooms
Request a Tour Date

Ask a Question

Error! Please try again later.

Apartments in Downtown Raleigh

1 - 30 of 90 Results
13
$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
51
3D Tour
$1,312 - 2,759
The Lincoln
Deal
408 E Hargett St Raleigh, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
4
$1,750
284 E Davie Street
Deal
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Glenwood South
14
$1,950
Live In The Heart Of Downtown Raleigh!
444 S Blount St Unit 308 Raleigh, NC
1 BR | Jul. 1, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
27
$1,995
323 S East St
Raleigh, NC
1 BR | Jun. 1, 2024
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Storage
23
$2,300
422 S Bloodworth St
Raleigh, NC
2 BR | Available Now
Contact
House
Glenwood South
$2,900
532 S Person St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
29
$1,399
426 N Person St
Raleigh, NC
1 BR | Available Now
Contact
Downtown Raleigh
$3,600
520 Haywood
520 John Haywood Way #101 Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,750
400 W North St Apt 1214
Raleigh, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Fitness Center
Storage
$4,900
Incredible 3bd, 2ba Furnished Historic Home In Raleigh With Custom Fixtures A Walk From Premium Amenities
306 Linden Ave Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
8
$1,395
705 Ellington
Raleigh, NC
3 BR | Available Now
Contact
Disability Access
Glenwood South
$2,950
Urban 2 Bedroom Condo - Downtown Raleigh!
522 S Harrington St Unit 102 Raleigh, NC
2 BR | Jun. 1, 2024
Contact
Dog Friendly
Cat Friendly
Dishwasher
Boylan Heights
13
$1,500
121
121 S Boylan Ave Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Boylan Heights
6
$1,295
711 Ellington
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Glenwood South
132
Call for Pricing
Family Getaway Downtown Raleigh
319 Seawell Ave Raleigh, NC
4 BR | Jul. 9, 2024
Contact
Dog Friendly
Cat Friendly
Disability Access
30
$1,674 - 4,945
Peace Raleigh Apartments
417 West Peace Street Raleigh, NC
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
3
$1,275
Governors Sq
710 North Person St. Raleigh, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
49
$2,850
821 Ellington St
Raleigh, NC
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
23
$922
Room In 3 Bedroom Home At Heck St
218 Heck St Raleigh, NC
1 BR | Available Now
Contact
House
9
$1,100
909 E Davie St
Raleigh, NC
1 BR | Available Now
Contact
House
Downtown Raleigh
9
$1,100
909 E Davie St
Raleigh, NC
1 BR | Available Now
Contact
House
7
$1,410
State102
102 N State St Raleigh, NC
1 BR | Available Now
Contact
Disability Access
27
$2,600
Gorgeous 3/2 Renovation In Downtown Raleigh! Upscale Finishes Throughout, Including Fenced-in Backyard!
114 N State St Raleigh, NC
3 BR | Jun. 10, 2024
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,950
Historic Home With Loft
810 W Hargett St Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
$2,650
Gorgeous 3 Bedroom Home In Downtown Raleigh, Premium Finishes & Amenities - Pet Friendly!
721 E Lenoir St Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
$3,495
Stunning 3bd, 3.5ba Raleigh Townhome Near Downtown Raleigh With A 2-car Garage And Modern Updates
638 Watauga St Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
27
$700
Room In 2 Bedroom Home At E Lenoir St
727 E Lenoir St #8 Raleigh, NC
1 BR | Available Now
Contact
House
31
$835
Room In 2 Bedroom Apartment At 727 E Lenoir St #1
727 E Lenoir St #1 Raleigh, NC
1 BR | Available Now
Contact
House
Disability Access
2
$1,195
515-wa
515 St Marys St Raleigh, NC
1 BR | Available Now
Contact
Storage
Disability Access
Cameron Park
1 - 30 of 90 Results
  1. Home
  2. Raleigh
  3. Downtown Raleigh
Frequently Asked Questions

How many apartments are available in Downtown Raleigh on Rentable.co?

Rentable.co has over 102 apartments available near Downtown Raleigh.

What is the average rent for a studio apartment in Downtown Raleigh?

The average rent for a studio apartment near Downtown Raleigh is around $1,455 per month.

What is the average rent for a one-bedroom apartment in Downtown Raleigh?

The average rent for a one-bedroom apartment near Downtown Raleigh is around $1,731 per month.

What is the average rent for a two-bedroom apartment in Downtown Raleigh?

The average rent for a two-bedroom apartment near Downtown Raleigh is around $2,000 per month.

How many apartments are available in Raleigh, NC on Rentable.co?

Rentable.co has over 27,952 apartments available in Raleigh.

What is the average rent for a studio apartment in Raleigh, NC?

The average rent for a studio apartment in Raleigh is around $1,300 per month.

What is the average rent for a one-bedroom apartment in Raleigh, NC?

The average rent for a one-bedroom apartment in Raleigh is around $1,160 per month.

What is the average rent for a two-bedroom apartment in Raleigh, NC?

The average rent for a two-bedroom apartment in Raleigh is around $1,570 per month.

How expensive is it to rent an apartment in Raleigh, NC?

For a two-bedroom apartment in Raleigh, the average rent price is $1,570 per month, which is similar to the national average of $1,620 per month.

Can I afford an apartment for rent in Raleigh, NC?

Based on average rent prices in Raleigh, to afford a studio apartment you would need an annual household income of $52,000 to live comfortably.

Downtown Raleigh Neighborhood Summary

Raleigh is a great city with lots of great neighborhoods to live in and fun places to hang out. Downtown Raleigh is ideal for youthful urban living because of its walkability and convenience to some of the liveliest restaurants, bars, shops, and entertainment venues in the city.

Raleigh:
May Rent Report

Welcome to the May 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Raleigh rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Raleigh and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Raleigh average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
1 BR       2 BR

Raleigh Rent Prices Decrease From April to May

Raleigh rent prices decreased over the last month. From April to May, the city experienced a -0.76% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,040.0.

When we take a look at the two-bedroom comparison from April to May, Raleigh experienced a -0.19% decrease for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,606.0.

May Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Apex, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,508
$1,445
$1,411
$1,411
$1,371
$1,303
$1,263
$1,056
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

Rent Prices in Raleigh and Surrounding Areas

Rent prices have decreased in Raleigh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 3 of the Raleigh suburbs increased last month. On the other hand, 4 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Apex, NC, Clayton, NC, Garner, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Wake Forest, NC, Knightdale, NC.

  • 7 suburbs are currently priced higher than the city of Raleigh.

May 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Raleigh, NC
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$1,056
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Raleigh average rent prices appear to be relatively affordable for local residents.

The price for a Raleigh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Raleigh and surrounding area rent prices, take a look at the complete data set below.

Data set for Raleigh and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Raleigh, NC $1,056.0 1.54% $1,614.0 0.50%
Cary, NC $1,371.0 -0.29% $1,691.0 -0.94%
Morrisville, NC $1,411.0 -0.28% $1,744.0 -0.46%
Apex, NC $1,411.0 6.17% $1,783.0 3.72%
Clayton, NC $1,263.0 1.28% $1,623.0 0.00%
Wake Forest, NC $1,508.0 -2.52% $1,771.0 -2.48%
Garner, NC $1,445.0 0.21% $1,620.0 -0.19%
Knightdale, NC $1,303.0 -0.46% $1,460.0 -4.14%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

Browse Raleigh Apartments
Raleigh Apartments by Neighborhood
Raleigh Apartments by Bedrooms
Raleigh Apartments by Affordability
Raleigh Apartments with Amenities
Raleigh Apartments by Type
Colleges Near Raleigh
Raleigh Apartments by Zip Code