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The Standard at Raleigh
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College Inn
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2604 Live On Hillsborough
(919) 594-6250
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Avery Close
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Pine Knoll Apartments
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2924 Oberry St
(919) 878-7474 ext: 207
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ARIUM Lake Johnson
(984) 217-1835
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Apartments in Central Raleigh

1 of 22 Results
66
$1,545 - 1,695
Willowwood Apartments
2816 Oberry St Raleigh, NC
2 BR | Ask for Availability
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8
$960 - 1,299
PER
ROOM
The Standard at Raleigh
Leasing Office, 3101 Hillsborough Street Raleigh, NC
Studio - 4 BR | Available Now
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15
$885 - 1,075
PER
ROOM
College Inn
2717 Western Blvd Raleigh, NC
2 - 4 BR | Aug. 5, 2023
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16
$900
Seeking roommates for shared home
Deal
1110 Carlton Ave Raleigh, NC
1 BR | Ask for Availability
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1
$725 - 1,095
PER ROOM
& UNIT
2604 Live On Hillsborough
2604 Hillsborough Street Raleigh, NC
1 - 3 BR | Available Now
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22
$720 - 1,020
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2923 Okelly St Raleigh, NC
1 BR | Ask for Availability
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16
$1,450
Avery Close
2510 Avent Ferry Rd Apt 202 Raleigh, NC
2 BR | Available Now
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Air Conditioning
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1
$675
Pine Knoll Apartments
3.3
2509 E Avent Ferry Road Raleigh, NC
1 BR | Available Now
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Balcony, Deck, Patio
10
$800
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1501 Graduate Ln Raleigh, NC
1 BR | Ask for Availability
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Gorman
12
$1,125
2924 Oberry St
Raleigh, NC
2 BR | Ask for Availability
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Ridgewood
23
$773 - 945
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1008 J Sandlin Pl Raleigh, NC
1 BR | Ask for Availability
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18
$958
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129 Pineland Cir Raleigh, NC
1 BR | Ask for Availability
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5
$819
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1411 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
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13
$800
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1241 University Ct Raleigh, NC
1 BR | Ask for Availability
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35
$800
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1251 #002 University Ct Raleigh, NC
1 BR | Ask for Availability
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8
$776
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1440 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
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3
$669
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1430 #301 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
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11
$774
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1321 Crab Orchard Dr Raleigh, NC
1 BR | Ask for Availability
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29
$819
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1331 #302 Crab Orchard Dr Raleigh, NC
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6
$1,242
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5507 Kaplan Dr Raleigh, NC
1 BR | Ask for Availability
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23
$1,225 - 2,556
ARIUM Lake Johnson
3201 Walnut Creek Pkwy Raleigh, NC
1 - 2 BR | Available Now
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17
$1,128
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121 Gilbert Ave Raleigh, NC
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1 - 22 of 22 Results
  1. Home
  2. Raleigh
  3. Central Raleigh

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

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,520 $840 - $1,820
1BR $1,230 $820 - $2,070
2BR $1,600 $1,080 - $2,550
3BR $1,890 $1,280 - $3,370
4+BR $2,350 $530 - $5,170
Frequently Asked Questions

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

Rentable.co has over 29,967 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 $1,520 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 $1,230 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 $1,600 per month.

How expensive is living in Raleigh, NC?

Based on average rent prices in Raleigh, to afford a studio apartment you would need an annual salary of $61,000 to live comfortably.

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.

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Raleigh:
June Rent Report

Welcome to the June 2023 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 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 Increase From May to June

Raleigh rent prices increased over the last month. From May to June, the city experienced a 2.54% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,050.0.

When we take a look at the two-bedroom comparison from May to June, Raleigh experienced a 0.99% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,635.0.

June Prices: Raleigh vs. Surrounding Areas

Rent Prices in Raleigh and Surrounding Areas

Rent prices have increased 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 4 of the Raleigh suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Morrisville, NC, Apex, NC, Clayton, NC, Wake Forest, NC .

  • Rent decreased in Cary, NC, Garner, NC, Fuquay-Varina, NC.

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

June 2023 Pricing Trends: Raleigh vs. National Comparisons

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been on the rise. 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Raleigh, NC $1,024.0 0.89% $1,619.0 1.06%
Cary, NC $1,607.0 0.00% $1,881.0 -1.52%
Morrisville, NC $1,441.0 0.98% $1,772.0 -0.06%
Apex, NC $1,407.0 0.93% $1,624.0 -0.18%
Clayton, NC $1,339.0 1.21% $1,598.0 0.76%
Wake Forest, NC $1,698.0 1.86% $1,956.0 -0.51%
Garner, NC $1,444.0 -2.43% $1,670.0 -1.94%
Fuquay-Varina, NC $1,401.0 -1.48% $1,727.0 -0.12%

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.