Apartments in Drewry Hills Raleigh

1 - 30 of 52 Results
43
$2,459
911 Wake Towne Dr Raleigh, NC
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
45
$2,159
921 Wake Towne Dr Raleigh, NC
Studio | Available Now
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Dog Friendly
Cat Friendly
Short-term
Air Conditioning
Covered Parking
27
$932 - 7,153
430 Allister Drive Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
17
$1,695
Raleigh, NC
2 BR | Available Now
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House
29
$1,400 - 4,661
104 Dartmouth Rd. Raleigh, NC
Studio - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
$2,995
Raleigh, NC
4 BR | Available Now
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
17
$935 - 1,325
231 Calibre Chase Drive Raleigh, NC
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Balcony/Deck/Patio
Fitness Center
Storage
20
$2,950
Raleigh, NC
3 BR | Available Now
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House
9
$7,500
Raleigh, NC
5 BR | Jun. 22, 2024
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House
$2,975
Raleigh, NC
3 BR | Available Now
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House
Storage
49
$1,649 - 3,439
2600 Glenwood Avenue Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
20
$3,700
Raleigh, NC
3 BR | Jun. 1, 2024
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
1
$1,475
Raleigh, NC
Studio | May. 10, 2024
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37
$6,995
Raleigh, NC
5 BR | Apr. 20, 2024
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Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Storage
25
$1,187 - 2,011
1914 Generation Dr Unit G Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
12
$2,850
Raleigh, NC
2 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
44
$2,400
Raleigh, NC
2 BR | Ask for Availability
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House
Dishwasher
Northglen
14
$1,900
Raleigh, NC
3 BR | May. 1, 2024
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House
Air Conditioning
Storage
Disability Access
Dishwasher
2
$1,550
1809 White Oak Rd Raleigh, NC
2 BR | Ask for Availability
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House
35
$7,000
Raleigh, NC
4 BR | Jul. 1, 2024
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House
Georgetown
27
$1,305 - 1,580
1313-1 Hardimont Road Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
$1,315 - 1,350
Raleigh, NC
2 - 3 BR | Available Now
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4
$600
Raleigh, NC
1 BR | Available Now
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Dog Friendly
Cat Friendly
23
$2,700
Raleigh, NC
3 BR | Available Now
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House
42
$2,800
Raleigh, NC
3 BR | Available Now
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House
Dishwasher
Cedar Hill Estates
21
$2,650
Raleigh, NC
4 BR | Available Now
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House
Dishwasher
Chestnut Hills
27
$2,200
Raleigh, NC
3 BR | Jun. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
Dishwasher
19
$1,495
Raleigh, NC
2 BR | May. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
Disability Access
8
$2,600
Raleigh, NC
3 BR | Available Now
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Dog Friendly
Cat Friendly
Storage
Dishwasher
13
$1,020
5499 Tralee Place Raleigh, NC
2 BR | Available Now
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Cat Friendly
Townhome
Balcony/Deck/Patio
Storage
1 - 30 of 52 Results
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  3. Drewry Hills

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.