Apartments in Dominion Park Raleigh

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$3,795
13012 Baybriar Dr Raleigh, NC
4 BR | Available Now
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$2,200
Raleigh, NC
3 BR | Available Now
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0
$1,895
5008 Morning Edge Dr Raleigh, NC
3 BR | Aug. 1, 2024
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$2,545
12000 Amoretto Way Raleigh, NC
4 BR | Available Now
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Fireplace
28
$867
5547 Spindlewood Ct Durham, NC
1 BR | Available Now
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19
$792
5547 Spindlewood Ct Durham, NC
1 BR | Ask for Availability
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Air Conditioning
Covered Parking
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$2,245
5704 Harrington Grove Dr Raleigh, NC
3 BR | Available Now
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Fireplace
20
$1,745
Raleigh, NC
2 BR | Available Now
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Cornerstone Park
18
$1,775
8445 Central Dr Raleigh, NC
2 BR | Ask for Availability
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Cornerstone Park
18
$2,200
12417 N Exeter Way Durham, NC
3 BR | Sep. 10, 2024
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Dishwasher
39
$2,625
5709 Severn Grove Dr Durham, NC
4 BR | Available Now
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Air Conditioning
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27
$2,995
5416 Stewartby Dr Raleigh, NC
4 BR | Sep. 6, 2024
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19
$755
1004 Greatland Rd Durham, NC
1 BR | Available Now
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18
$815 - 995
1004 Greatland Rd Durham, NC
1 BR | Ask for Availability
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Air Conditioning
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$1,895
8428 Parkstone Dr Raleigh, NC
3 BR | Available Now
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Cornerstone Park
0
$1,950
8713 Owl Roost Pl Raleigh, NC
3 BR | Available Now
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24
$2,100
Raleigh, NC
3 BR | Aug. 17, 2024
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Disability Access
Cornerstone Park
$1,995
8523 Arboles Ct Raleigh, NC
3 BR | Available Now
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Cat Friendly
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Balcony/Deck/Patio
Fireplace
0
$2,000
Raleigh, NC
3 BR | Available Now
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Cornerstone Park
10
$2,000
Raleigh, NC
3 BR | Available Now
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Cornerstone Park
19
$1,975
7734 Acc Blvd Raleigh, NC
3 BR | Available Now
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Air Conditioning
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18
$1,995
Raleigh, NC
3 BR | Available Now
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Cornerstone Park
23
$1,409 - 2,419
7610 Aura Loop #101 Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
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Fitness Center
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Dishwasher
$2,390
Raleigh, NC
3 BR | Available Now
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$3,195
Raleigh, NC
4 BR | Available Now
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Raleigh:
July Rent Report

Welcome to the July 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Raleigh Rent Prices Increase From June to July

Raleigh rent prices increased over the last month. From June to July, the city experienced a 1.59% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,088.0.

When we take a look at the two-bedroom comparison from June to July, Raleigh experienced a 0.86% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,636.0.

July Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Apex, NC
Morrisville, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,476
$1,436
$1,413
$1,398
$1,362
$1,346
$1,230
$1,088
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

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 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, Wake Forest, NC, Knightdale, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Clayton, NC, Garner, NC.

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

July 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
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$1,088
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Raleigh, NC $1,088.0 1.59% $1,636.0 0.86%
Cary, NC $1,362.0 -0.15% $1,665.0 -0.18%
Morrisville, NC $1,398.0 -0.71% $1,736.0 -0.34%
Apex, NC $1,413.0 0.36% $1,812.0 0.56%
Clayton, NC $1,230.0 -4.58% $1,614.0 -0.31%
Wake Forest, NC $1,476.0 1.17% $1,711.0 -0.29%
Garner, NC $1,436.0 -0.55% $1,615.0 -0.19%
Knightdale, NC $1,346.0 3.30% $1,466.0 1.38%

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.