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Apartments in Downtown Raleigh

1 - 30 of 99 Results
$2,190
755 Indian School Rd NW
Raleigh, NC
2 BR | Available Now
Contact
House
Balcony/Deck/Patio
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
$2,100
301 Fayetteville St Unit 3105
Raleigh, NC
1 BR | Available Now
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House
Downtown Raleigh
51
3D Tour
$1,312 - 2,759
The Lincoln
Deal
408 E Hargett St Raleigh, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
4
$1,750
284 E Davie Street
Deal
Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
Glenwood South
14
$1,950
Live In The Heart Of Downtown Raleigh!
444 S Blount St Unit 308 Raleigh, NC
1 BR | Jul. 1, 2024
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Dog Friendly
Cat Friendly
Air Conditioning
Storage
Dishwasher
19
$1,750
444 S Blount St Unit 114
Raleigh, NC
1 BR | Available Now
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House
Glenwood South
12
$2,500
3 Bed-2 Bath Downtown Home
309 S Bloodworth St Raleigh, NC
3 BR | Ask for Availability
Contact
House
Air Conditioning
Dishwasher
Downtown Raleigh
24
$1,995
323 S East St
Raleigh, NC
1 BR | May. 19, 2024
Contact
Heat Included
Furnished
Dog Friendly
Cat Friendly
Storage
23
$2,300
422 S Bloodworth St
Raleigh, NC
2 BR | Available Now
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House
Glenwood South
$2,900
532 S Person St
Raleigh, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
30
$1,429
426 N Person St
Raleigh, NC
1 BR | Available Now
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Downtown Raleigh
8
$2,400
509 E Cabarrus St
Raleigh, NC
3 BR | Available Now
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House
Glenwood South
$3,600
520 Haywood
520 John Haywood Way #101 Raleigh, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,750
400 W North St Apt 1214
Raleigh, NC
1 BR | Available Now
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Dog Friendly
Cat Friendly
House
Fitness Center
Storage
8
$1,395
705 Ellington
Raleigh, NC
3 BR | Available Now
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Disability Access
Glenwood South
13
$1,500
121
121 S Boylan Ave Raleigh, NC
2 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Boylan Heights
6
$1,295
711 Ellington
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Disability Access
Glenwood South
132
Call for Pricing
Family Getaway Downtown Raleigh
319 Seawell Ave Raleigh, NC
4 BR | Jul. 9, 2024
Contact
Dog Friendly
Cat Friendly
Disability Access
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
3
$1,275
Governors Sq
710 North Person St. Raleigh, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
49
$2,850
821 Ellington St
Raleigh, NC
3 BR | Ask for Availability
Contact
House
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
23
$922
Room In 3 Bedroom Home At Heck St
218 Heck St Raleigh, NC
1 BR | Available Now
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House
9
$1,100
909 E Davie St
Raleigh, NC
1 BR | Available Now
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House
Downtown Raleigh
9
$1,100
909 E Davie St
Raleigh, NC
1 BR | Available Now
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House
7
$1,410
State102
102 N State St Raleigh, NC
1 BR | Available Now
Contact
Disability Access
27
$2,600
Gorgeous 3/2 Renovation In Downtown Raleigh! Upscale Finishes Throughout, Including Fenced-in Backyard!
114 N State St Raleigh, NC
3 BR | Jun. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
24
$1,950
Historic Home With Loft
810 W Hargett St Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
$2,650
Gorgeous 3 Bedroom Home In Downtown Raleigh, Premium Finishes & Amenities - Pet Friendly!
721 E Lenoir St Raleigh, NC
3 BR | May. 1, 2024
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
27
$700
Room In 2 Bedroom Home At E Lenoir St
727 E Lenoir St #8 Raleigh, NC
1 BR | Available Now
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House
1 - 30 of 99 Results
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Frequently Asked Questions

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

Rentable.co has over 88 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 $1,455 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 $1,735 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 $1,997 per month.

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

Rentable.co has over 33,149 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 $1,310 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 $1,540 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 $1,540 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 $52,000 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:
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.

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