Apartments in Central Raleigh

1 - 30 of 106 Results
8
$899 - 1,890
PER
ROOM
Leasing Office, 3101 Hillsborough Street Raleigh, NC
Studio - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Virtual Tour
Luxury
15
$885 - 1,095
PER
ROOM
2717 Western Blvd Raleigh, NC
2 - 4 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Covered Parking
Fitness Center
19
$949 - 1,555
PER
ROOM
2811 Hillsborough St Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Student
Air Conditioning
Surface Parking
7
$1,395
Raleigh, NC
2 BR | Available Now
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Dog Friendly
Storage
Disability Access
Wilmont
12
$1,595
Raleigh, NC
2 BR | Available Now
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Storage
Disability Access
Central Raleigh
32
$849
Raleigh, NC
1 BR | Available Now
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House
20
$775
Raleigh, NC
1 BR | Available Now
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House
Dishwasher
22
$670
Raleigh, NC
1 BR | Available Now
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House
11
$2,250
Raleigh, NC
3 BR | Aug. 2, 2024
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4
$1,550
Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
Surface Parking
Storage
Disability Access
1
$1,600
Raleigh, NC
2 BR | Available Now
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House
14
$1,645
Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
15
$949
Raleigh, NC
1 BR | Available Now
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Dog Friendly
Cat Friendly
Dishwasher
0
$949
Raleigh, NC
1 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Disability Access
Dishwasher
1
$725 - 1,095
PER ROOM
& UNIT
2604 Hillsborough Street Raleigh, NC
1 - 3 BR | Available Now
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Heat Included
Furnished
Student
Virtual Tour
In Unit Laundry
22
$680
2923 Okelly St Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
26
$665
Raleigh, NC
1 BR | Jun. 24, 2024
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House
4
$4,800
Raleigh, NC
4 BR | May. 1, 2024
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House
Oberlin Village
5
$2,700
Raleigh, NC
3 BR | Aug. 2, 2024
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House
Storage
5
$1,050
Raleigh, NC
1 BR | Available Now
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Storage
Disability Access
Wilmont
11
$1,375
Raleigh, NC
2 BR | Available Now
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Disability Access
4
$1,045
Raleigh, NC
1 BR | Available Now
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House
Storage
Dishwasher
9
$1,195
Raleigh, NC
2 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
7
$1,250
Raleigh, NC
2 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
2
$1,650
Raleigh, NC
2 BR | Jun. 15, 2024
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Air Conditioning
Balcony/Deck/Patio
Storage
Disability Access
Dishwasher
7
$1,045
Raleigh, NC
1 BR | Available Now
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House
Air Conditioning
Storage
Dishwasher
1
$795
Raleigh, NC
1 BR | Available Now
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House
Kentwood
$515
PER
ROOM
1613 Gorman St Raleigh, NC
3 BR | Available Now
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Air Conditioning
In Unit Laundry
Den
Dishwasher
Gorman
9
$1,770
PER
ROOM
Raleigh, NC
3 BR | Aug. 14, 2024
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Kentwood
1
$675
2509 E Avent Ferry Road Raleigh, NC
1 BR | Available Now
Student
Surface Parking
Balcony/Deck/Patio
1 - 30 of 106 Results
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  3. Central Raleigh
Central Raleigh Neighborhood Summary

Central Raleigh is the heart of the city, so if you want to live here, you have to be ready to participate in the action! A favorite activity among locals is the Raleigh Farmers Market, where you can come to purchase fresh produce and many other local goods. Walk along the beautiful streets and visit one of the numerous bars and restaurants In the area. Some of this area’s active nightlife comes from St. Augustine’s College, located in the Oakwood neighborhood within Central Raleigh. If you’re looking for something a little quieter, there are a number of museums as well, including the North Carolina Museum of History and the Marbles Kids Museum. This area is characterized by the collision of the old and the new. It’s not unusual to see high-rise lofts standing in harmony beside early 19th century buildings. Central Raleigh is also incredibly walkable and ideal for someone without a vehicle.

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.