Apartments in Emerald Chase Raleigh

31 - 38 of 38 Results
22
3D Tour
$1,261 - 1,850
3000 Inland Trail Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
21
$1,355 - 2,000
3230 Stream Side Road Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Fireplace
27
$910 - 1,420
317 Lynn Road Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Luxury
Covered Parking
In Unit Laundry
46
$1,125 - 2,390
650 Lake Front Dr Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Pool
28
$755
216 Woods Ream Dr Raleigh, NC
1 BR | Available Now
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House
North Haven
15
$755
216 Woods Ream Dr Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Air Conditioning
Covered Parking
Dishwasher
North Haven
13
$816 - 1,013
3111-101 Longmeadow Court Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Pool
Fireplace
29
$1,192 - 1,776
3111-101 Long Meadow Ct. Raleigh, NC
1 - 2 BR | Available Now
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Raleigh:
May Rent Report

Welcome to the May 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 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 April to May

Raleigh rent prices decreased over the last month. From April to May, 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 April to May, 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.

May Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Apex, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,508
$1,445
$1,411
$1,411
$1,371
$1,303
$1,263
$1,056
$0
$500
$1,000
$1,500
$2,000
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 Apex, NC, Clayton, NC, Garner, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Wake Forest, NC, Knightdale, NC.

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

May 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
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$1,056
$0
$1,350
$2,700
$4,050
$5,400
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 May 1 BR M/M % Change 2 BR May 2 BR M/M % Change
Raleigh, NC $1,056.0 1.54% $1,614.0 0.50%
Cary, NC $1,371.0 -0.29% $1,691.0 -0.94%
Morrisville, NC $1,411.0 -0.28% $1,744.0 -0.46%
Apex, NC $1,411.0 6.17% $1,783.0 3.72%
Clayton, NC $1,263.0 1.28% $1,623.0 0.00%
Wake Forest, NC $1,508.0 -2.52% $1,771.0 -2.48%
Garner, NC $1,445.0 0.21% $1,620.0 -0.19%
Knightdale, NC $1,303.0 -0.46% $1,460.0 -4.14%

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.