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The Falstaff
(919) 728-5786
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Raleigh - Northeast
(434) 201-8342
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Seeking roommates for shared home
(919) 750-8278
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1305 Crabtree Blvd
(919) 200-0370
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Mordecai On Clover
(844) 445-3230
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3119 Woodpecker Ct
(919) 750-8845
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Pines of Ashton
(888) 517-3239
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Various on Woodpecker, Rawls and Poole Road
(919) 750-8845
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Seeking roommates for shared home
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716 Lunar Dr
(919) 412-7630
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Edenton Historic Apartments
(919) 782-1717
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Attractive Condo!
(984) 480-6647
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1107 Garner RD
(919) 750-8845
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1215 S East St
(919) 750-8845
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1215 S East St
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1000 Mark St
(919) 355-5317
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Apartments in East Raleigh

1 of 17 Results
2
$1,263 - 2,569
The Falstaff
101 Poe Drive Raleigh, NC
1 - 2 BR | Jul. 7, 2023
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Dog Friendly
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In Unit Laundry
Fitness Center
Dishwasher
53
$1,650
Raleigh - Northeast
2601 Appliance Ct Raleigh, NC
Studio | Available Now
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Dog Friendly
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Air Conditioning
Covered Parking
8
$967
Seeking roommates for shared home
Deal
816 Colleton RD Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
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12
$1,875
1305 Crabtree Blvd
Raleigh, NC
4 BR | Available Now
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Balcony, Deck, Patio
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13
$1,225 - 1,250
Mordecai On Clover
4.0
420 Clover Lane Raleigh, NC
2 BR | Available Now
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26
$1,350
3119 Woodpecker Ct
Raleigh, NC
2 BR | Available Now
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24
$730 - 1,125
Pines of Ashton
3.2
3105 Holston Lane Raleigh, NC
1 - 2 BR | Available Now
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In Unit Laundry
7
$1,345
Various on Woodpecker, Rawls and Poole Road
Raleigh, NC
2 BR | Available Now
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10
$1,111
Seeking roommates for shared home
Deal
727 E Lenoir St Raleigh, NC
1 BR | Ask for Availability
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Heat Included
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13
$1,600
716 Lunar Dr
Raleigh, NC
3 BR | Available Now
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27
$1,099
Seeking roommates for shared home
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741 Rawls Dr Raleigh, NC
1 BR | Ask for Availability
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Heat Included
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$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
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$1,575
Attractive Condo!
2631 Oldgate Dr Apt 202 Raleigh, NC
2 BR | Ask for Availability
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$1,195
1107 Garner RD
Raleigh, NC
1 BR | Available Now
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$1,250
1215 S East St
Raleigh, NC
Studio - 2 BR | Available Now
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Call for Pricing
1215 S East St
Raleigh, NC
2 BR | Available Now
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$1,295
1000 Mark St
Raleigh, NC
2 BR | Available Now
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1 - 17 of 17 Results
  1. Home
  2. Raleigh
  3. East Raleigh

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

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,540 $840 - $1,830
1BR $1,240 $820 - $2,000
2BR $1,600 $1,090 - $2,570
3BR $1,860 $1,320 - $3,550
4+BR $2,260 $530 - $5,000
Frequently Asked Questions

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

Rentable.co has over 29,895 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 $1,540 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 $1,240 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 $62,000 to live comfortably.

East Raleigh Neighborhood Summary

East Raleigh holds a handful of older neighborhoods, including some of the first even established in North Carolina. Many of the properties in East Raleigh are within easy driving distance to Shaw University, St. Augustine’s College, William Peace University, and the other fine educational establishments sprinkled throughout Raleigh. For those pursuing a career in medicine, this region would be a fantastic area, as the WakeMed Raleigh Campus is only a few minutes away. If you’re more interested in the music scene, stop on over at Time Warner Cable Music Pavilion and see one of the many concerts they host every year. East Raleigh also borders the little suburb of Knightsdale, home to an Environmental Park certified by the National Wildlife Federation.

Asset 2
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Raleigh:
May Rent Report

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

Raleigh rent prices increased over the last month. From April to May, the city experienced a 0.89% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,024.0.

When we take a look at the two-bedroom comparison from April to May, Raleigh experienced a 1.06% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,619.0.

May 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 2 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 Cary, NC, Morrisville, NC .

  • Rent decreased in Apex, NC, Clayton, NC, Wake Forest, NC, Garner, NC.

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

May 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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Raleigh, NC $1,015.0 0.00% $1,602.0 0.00%
Cary, NC $1,607.0 0.13% $1,910.0 -0.05%
Morrisville, NC $1,427.0 2.29% $1,773.0 0.34%
Apex, NC $1,394.0 -0.99% $1,627.0 0.37%
Clayton, NC $1,323.0 -0.60% $1,586.0 0.96%
Wake Forest, NC $1,667.0 -1.36% $1,966.0 0.56%
Garner, NC $1,480.0 -2.05% $1,703.0 1.67%

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.