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Apartments in Southwest Raleigh

1 - 30 of 146 Results
41
$1,110 - 2,497
ARIUM Trailwood
3004 Dorner Cir Raleigh, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Trailwood
5
$1,195 - 1,800
Arium Trailwood
3004 Dorner Cir Raleigh, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Air Conditioning
Balcony/Deck/Patio
20
$699 - 809
PER
ROOM
Centennial Village Student Housing
Deal
2.0
2450 Centennial Ridge Way Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
In Unit Laundry
Fitness Center
3
$1,695
1647 Claiborne Ct
Raleigh, NC
2 BR | May. 31, 2024
Contact
House
Dishwasher
Trailwood
15
$1,795
3013 Avent Ferry Rd
Raleigh, NC
2 BR | Jun. 15, 2024
Contact
Dog Friendly
Surface Parking
Storage
Disability Access
Gorman
8
$475
Seeking roommates for shared home
Deal
1440 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
3
$568
Seeking roommates for shared home
Deal
1430 #301 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
42
$594
1331 302 Crab Orchard Dr
Raleigh, NC
1 BR | Available Now
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House
19
$719
1321 304 Crab Orchard Dr
Raleigh, NC
1 BR | Available Now
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House
1
$600
1410-203 Collegiate Cir Room B
Raleigh, NC
1 BR | Available Now
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House
9
Call for Pricing
Lake Park
2.2
1410-101 Collegiate Circle Raleigh, NC
1 BR | Ask for Availability
Contact
Student
Surface Parking
In Unit Laundry
Dishwasher
Pool
11
$718
Seeking roommates for shared home
Deal
1321 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
36
$1,085 - 2,382
ARIUM Lake Johnson
3201 Walnut Creek Pkwy Raleigh, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
9
$650
1220 University Ct
Raleigh, NC
1 BR | May. 1, 2024
Contact
House
13
$525
Seeking roommates for shared home
Deal
1241 University Ct Raleigh, NC
1 BR | Available Now
Contact
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
29
$718
Seeking roommates for shared home
Deal
1331 #302 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
35
$650
Seeking roommates for shared home
Deal
1251 #002 University Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
48
$650
1251 002 University Ct
Raleigh, NC
1 BR | Available Now
Contact
House
33
$765 - 920
PER
ROOM
The Wilde
Deal
3.4
3333 Melrose Club Blvd Raleigh, NC
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Dishwasher
10
$750
1220 104 University Ct
Deal
Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Balcony/Deck/Patio
Dishwasher
5
$450
PER
ROOM
1911 Wolf Tech Lane
Raleigh, NC
4 BR | Available Now
Contact
Student
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
17
$1,200
1950 Trailwood Hts #204
Raleigh, NC
2 BR | Available Now
Contact
House
39
$1,995
Charming Mid-century Raleigh Ranch Home Available Immediately
808 Merrie Rd Raleigh, NC
3 BR | Ask for Availability
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House
Hunters Creek
11
$2,000
505 Brent Rd
Raleigh, NC
3 BR | Available Now
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House
Gorman
23
$550
University Woods
Raleigh, NC
4 BR | Available Now
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House
Surface Parking
Storage
Disability Access
Dishwasher
2
$1,350 - 1,400
Chappell Townhomes
650 Chappell Dr Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Dishwasher
$600
2002-202 Technology Woods Dr
Raleigh, NC
1 BR | Available Now
Contact
House
12
$595
PER
ROOM
2002 Technology Woods Dr
Raleigh, NC
4 BR | Aug. 1, 2024
Contact
Heat Included
Air Conditioning
Surface Parking
Disability Access
Dishwasher
3
$2,205
3305 Bearskin Ct
Raleigh, NC
4 BR | Ask for Availability
Contact
House
Gorman
11
$625
PER
ROOM
1500 Graduate Ln
Raleigh, NC
4 BR | Available Now
Contact
Heat Included
Air Conditioning
Surface Parking
Balcony/Deck/Patio
Disability Access
1 - 30 of 146 Results
  1. Home
  2. Raleigh
  3. Southwest Raleigh
Frequently Asked Questions

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

Rentable.co has over 145 apartments available near Southwest Raleigh.

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

The average rent for a studio apartment near Southwest Raleigh is around $1,460 per month.

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

The average rent for a one-bedroom apartment near Southwest Raleigh is around $1,025 per month.

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

The average rent for a two-bedroom apartment near Southwest Raleigh is around $1,498 per month.

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

Rentable.co has over 32,895 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 $1,280 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 $1,130 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 $1,560 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 $1,560 per month, which is similar to the national average of $1,630 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 $51,000 to live comfortably.

Southwest Raleigh Neighborhood Summary

Home to North Carolina State University, Southwest Raleigh is the city’s creative district. There is always something going on, whether it be an event the university is hosting or other community festivities. Southwest Raleigh is friendly to those who love the outdoors. The North Carolina Art Museum is bikable and the region hosts the City of Oaks Marathon. These little road races allow you to enjoy the beautiful scenery of Raleigh on foot. Even a fitness trail in Kaplan Drive Park is lined with unusual art, such as teepees made of sticks. For those looking to get their hands dirty, play around Lake Johnson or participate in the Wedge Community Garden. There are also a number of unique businesses in the area that sell handmade, interesting products for affordable prices. Southwest Raleigh is always brimming with youthful vibrancy and a sense of fun.

Raleigh:
April Rent Report

Welcome to the April 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 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 March to April

Raleigh rent prices decreased over the last month. From March to April, 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 March to April, 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.

April Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Cary, NC
Apex, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,547
$1,442
$1,415
$1,375
$1,329
$1,309
$1,247
$1,040
$0
$550
$1,100
$1,650
$2,200
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 Morrisville, NC, Apex, NC, Garner, NC .

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

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

April 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Raleigh, NC
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$1,040
$0
$1,300
$2,600
$3,900
$5,200
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 April 1 BR M/M % Change 2 BR April 2 BR M/M % Change
Raleigh, NC $1,040.0 -0.76% $1,606.0 -0.19%
Cary, NC $1,375.0 -0.65% $1,707.0 -0.12%
Morrisville, NC $1,415.0 0.07% $1,752.0 0.57%
Apex, NC $1,329.0 4.98% $1,719.0 2.63%
Clayton, NC $1,247.0 -1.50% $1,623.0 0.00%
Wake Forest, NC $1,547.0 -5.03% $1,816.0 -2.31%
Garner, NC $1,442.0 0.42% $1,623.0 -0.12%
Knightdale, NC $1,309.0 -2.02% $1,523.0 -4.93%

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.

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