Apartments Under $1,200 in Raleigh, NC

Map
1 - 30 of 472 Results
12
$599 - 869
PER
ROOM
Campus Crossings- Raleigh
Deal
5.0
3101 Compatible Way Raleigh, NC
2 - 4 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
15
$995
Seeking roommates for shared home
Deal
309 Switch St Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
14
$890 - 1,195
Seeking roommates for shared home
Deal
2621 #104 Ivory Run Way Raleigh, NC
1 BR | Available Now
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
12
$963
Seeking roommates for shared home
Deal
2756 Milburnie RD Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
18
$905
Seeking roommates for shared home
Deal
129 Pineland Cir Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
9
$695
Seeking roommates for shared home
Deal
1208 #102 Haybrook Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
29
$755
Seeking roommates for shared home
Deal
1331 #302 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
18
$890
Seeking roommates for shared home
Deal
401 Coalinga Lane Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
15
$743
Seeking roommates for shared home
Deal
1351 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
30
$870 - 1,115
Seeking roommates for shared home
Deal
324 Waterville St Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
9
$895
Seeking roommates for shared home
Deal
9815 Sweet Basil Dr Wake Forest, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
35
$1,054
Seeking roommates for shared home
Deal
3125 Barnsley Ln Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
9
$995
Seeking roommates for shared home
Deal
2805 Killian Ct Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
13
$795
Seeking roommates for shared home
Deal
1320 Stone Manor Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
12
$1,020
Seeking roommates for shared home
Deal
3523 Londonville Ln Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
21
$775
Seeking roommates for shared home
Deal
3320 Slippery Elm Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
11
$755
Seeking roommates for shared home
Deal
1321 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
5
$755
Seeking roommates for shared home
Deal
1411 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
24
$865
Seeking roommates for shared home
Deal
3003 Bluegrove RD Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
7
$1,050
Seeking roommates for shared home
Deal
5230 Meryton Park Way Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
6
$780
Seeking roommates for shared home
Deal
5507 Kaplan Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
9
$730
Seeking roommates for shared home
Deal
1120 #103 Carlton Ave Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
13
$1,065
Seeking roommates for shared home
Deal
109 Kingsmill RD Cary, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
17
$1,025 - 1,035
Seeking roommates for shared home
Deal
4903 Southern Magnolia Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
35
$945 - 1,145
Seeking roommates for shared home
Deal
6844 Greystone Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
25
$824 - 934
PER
ROOM
Paloma Raleigh
5.0
5701 Hillsborough St Raleigh, NC
2 - 5 BR | Aug. 17, 2023
Furnished
Dog Friendly
Cat Friendly
Student
Fitness Center
37
$995 - 1,025
Greenway Flats Apartments
1107 Garner Road Raleigh, NC
Studio - 1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Dishwasher
63
$1,075 - 1,304
Village of Pickwick
3.5
4016 Twickenham Court Raleigh, NC
Studio | Jan. 12, 2023
Dog Friendly
Cat Friendly
Air Conditioning
Surface Parking
Balcony, Deck, Patio
5
$855
Seeking roommates for shared home
Deal
1513 Kilarney Dr Cary, NC
1 BR | Ask for Availability
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
In Unit Laundry
21
$840
Seeking roommates for shared home
Deal
513 #b Shelden Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1 - 30 of 472 Results
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  3. Apartments Under $1,200

How much does it cost to rent an apartment in Raleigh?

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,630 $840 - $1,830
1BR $1,080 $780 - $2,140
2BR $1,530 $1,070 - $2,520
3BR $1,850 $1,270 - $2,400
4+BR $2,160 $1,220 - $3,200

Raleigh:
November Rent Report

Welcome to the November 2022 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2022 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

Raleigh Rent Prices Decrease From October to November

Raleigh rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,015.0.

When we take a look at the two-bedroom comparison from October to November, Raleigh experienced a 3.1% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,694.0.

November Prices: Raleigh vs. Surrounding Areas

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 5 of the Raleigh suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cary, NC, Morrisville, NC, Apex, NC, Garner, NC, Wake Forest, NC .

  • Rent decreased in Clayton, NC.

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

November 2022 Pricing Trends: Raleigh vs. National Comparisons

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.

You can view the full rundown of Rentable's November 2022 National Apartment Report and data set here.

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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Raleigh, NC $1,015.0 0.00% $1,643.0 4.85%
Cary, NC $1,389.0 6.27% $1,738.0 5.46%
Morrisville, NC $1,363.0 9.04% $1,707.0 1.79%
Apex, NC $1,455.0 1.39% $1,789.0 4.25%
Clayton, NC $1,334.0 -5.66% $1,605.0 0.38%
Garner, NC $1,435.0 3.09% $1,695.0 3.86%
Wake Forest, NC $1,833.0 4.27% $2,206.0 6.98%

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.