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Apartments in Downtown Raleigh

1 - 30 of 80 Results
12
$1,420 - 2,085
L Building
Deal
205 W Davie St Raleigh, NC
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Storage
21
$1,790
241 New Bern Pl #301
Raleigh, NC
2 BR | Available Now
Contact
Cat Friendly
House
Storage
Downtown Raleigh
15
$1,845
243 New Bern Pl Unit 301
Raleigh, NC
2 BR | Available Now
Contact
House
Storage
Dishwasher
Downtown Raleigh
13
$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
4
$1,750
284 E Davie Street
Deal
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Glenwood South
27
$1,995
323 S East St
Raleigh, NC
1 BR | Dec. 22, 2023
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
42
$2,900
5 Seawell Ave Unit 105
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
Dishwasher
37
$1,999
4810 Trikala Ave
Raleigh, NC
3 BR | Available Now
Contact
House
Cameron Park
6
$1,355
711 Ellington
Raleigh, NC
2 BR | Available Now
Contact
Disability Access
Glenwood South
27
$2,300
587 E Cabarrus Street Raleigh Nc 27601
586 E Cabarrus St Raleigh, NC
3 BR | Ask for Availability
Contact
House
Air Conditioning
Dishwasher
30
$1,674 - 4,945
Peace Raleigh Apartments
417 West Peace Street Raleigh, NC
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
4
$1,700 - 2,400
123 Idlewild Ave
Raleigh, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
3
$1,275
Governors Sq
710 North Person St. Raleigh, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
12
$1,695
614 Capital Blvd #206
Raleigh, NC
1 BR | Available Now
Contact
House
18
$2,600
701 E Lenoir St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Dishwasher
23
$922
218 Heck St
Raleigh, NC
1 BR | Available Now
Contact
House
13
$1,100
909 E Davie St
Raleigh, NC
1 BR | Available Now
Contact
House
$1,100
909 E Davie Unit 7
Raleigh, NC
1 BR | Available Now
Contact
House
Dishwasher
7
$1,700 - 2,400
310 Heck St
Raleigh, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
$700
727 E Lenoir St #8
Raleigh, NC
1 BR | Available Now
Contact
House
Dishwasher
12
$1,649
727 E Lenoir St
Raleigh, NC
2 BR | Available Now
Contact
31
$835
727 E Lenoir St #1
Raleigh, NC
1 BR | Available Now
Contact
House
Disability Access
8
$3,250
735 Peakland Pl
Raleigh, NC
3 BR | Dec. 22, 2023
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Surface Parking
17
Call for Pricing
212 N State St
Raleigh, NC
1 BR | Aug. 17, 2024
Contact
Dog Friendly
Cat Friendly
20
$2,000
600 Devereux St Unit A
Raleigh, NC
1 BR | Available Now
Contact
Air Conditioning
Dishwasher
35
$1,600
133 S Tarboro St Raleigh Nc 27610 Walk To Downtown Raleigh!!!
131 S Tarboro St Raleigh, NC
2 BR | Ask for Availability
Contact
House
Air Conditioning
Dishwasher
19
$2,250
1102 S Bloodworth St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
22
$3,395
202 Lincoln Ct
Raleigh, NC
3 BR | Dec. 15, 2023
Contact
House
9
$2,000
815 W Johnson St Unit 0
Raleigh, NC
2 BR | Available Now
Contact
Dishwasher
Cameron Park
16
$2,400
15 S Pettigrew St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1 - 30 of 80 Results
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Frequently Asked Questions

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

Rentable.co has over 81 apartments available near Downtown Raleigh.

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

The average rent for a studio apartment near Downtown Raleigh is around $1,470 per month.

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

The average rent for a one-bedroom apartment near Downtown Raleigh is around $1,733 per month.

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

The average rent for a two-bedroom apartment near Downtown Raleigh is around $1,725 per month.

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

Rentable.co has over 32,094 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 $1,470 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 $1,080 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 $1,520 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 $1,520 per month, which is similar to the national average of $1,600 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 $59,000 to live comfortably.

Downtown Raleigh Neighborhood Summary

Raleigh is a great city with lots of great neighborhoods to live in and fun places to hang out. Downtown Raleigh is ideal for youthful urban living because of its walkability and convenience to some of the liveliest restaurants, bars, shops, and entertainment venues in the city.

Raleigh:
December Rent Report

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

$1,750
$1,310
$880
$440
$0
Jan. 2023
Feb. 2023
Mar. 2023
Apr. 2023
May. 2023
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
1 BR       2 BR

Raleigh Rent Prices Decrease From November to December

Raleigh rent prices decreased over the last month. From November to December, the city experienced a -1.68% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,114.0.

When we take a look at the two-bedroom comparison from November to December, Raleigh experienced a -1.21% decrease for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,632.0.

December Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Clayton, NC
Morrisville, NC
Cary, NC
Apex, NC
Knightdale, NC
Raleigh, NC
$1,794
$1,443
$1,421
$1,417
$1,416
$1,378
$1,299
$1,133
$0
$600
$1,200
$1,800
$2,400
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 1 of the Raleigh suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Wake Forest, NC .

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

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

December 2023 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Raleigh, NC
Pittsburgh, PA
$3,979
$3,033
$2,428
$2,364
$1,813
$1,338
$1,287
$1,133
$1,100
$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 December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Raleigh, NC $1,133.0 -0.96% $1,652.0 -0.42%
Cary, NC $1,416.0 -0.84% $1,748.0 -1.58%
Morrisville, NC $1,417.0 -0.98% $1,772.0 0.57%
Clayton, NC $1,421.0 -0.63% $1,629.0 -0.12%
Apex, NC $1,378.0 -1.15% $1,669.0 -0.30%
Wake Forest, NC $1,794.0 2.69% $1,958.0 -1.51%
Garner, NC $1,443.0 -0.07% $1,631.0 -0.12%
Knightdale, NC $1,299.0 -2.33% $1,594.0 -1.42%

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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