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1000 Mark St
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1107 Garner RD
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200 S. Dawson # 207
(919) 459-6300
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Edenton Historic Apartments
(919) 782-1717
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(919) 750-8278
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400 W North St Unit 634
(919) 205-8330
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716 Lunar Dr
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2000 Waters Dr
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Mordecai On Clover
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812 Elkhart Dr
(919) 341-1306 ext: 0311
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Village Green Student Housing
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2604 Live On Hillsborough
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2623 Blue Coral Dr
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Apartments in Glenwood South Raleigh

1 of 22 Results
12
$1,420 - 2,170
L Building
Deal
205 W Davie St Raleigh, NC
Studio | Available Now
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18
$1,350 - 1,500
Wynsum Townhomes
Deal
3.4
2292 Fox Ridge Manor RD Raleigh, NC
2 BR | Ask for Availability
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13
$1,295
1000 Mark St
Raleigh, NC
2 BR | Available Now
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5
$1,195
1107 Garner RD
Raleigh, NC
1 BR | Available Now
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Air Conditioning
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6
$1,250
1215 S East St
Raleigh, NC
Studio - 2 BR | Available Now
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Dog Friendly
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1
Call for Pricing
1215 S East St
Raleigh, NC
2 BR | Available Now
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Balcony, Deck, Patio
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16
$2,350
200 S. Dawson # 207
Raleigh, NC
2 BR | Available Now
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House
Balcony, Deck, Patio
Dishwasher
Downtown Raleigh
13
$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
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Dog Friendly
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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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17
$1,128
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Deal
121 Gilbert Ave Raleigh, NC
1 BR | Ask for Availability
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10
$2,495
400 W North St Unit 634
Raleigh, NC
2 BR | Available Now
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13
$1,600
716 Lunar Dr
Raleigh, NC
3 BR | Available Now
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30
$1,795
2000 Waters Dr
Raleigh, NC
3 BR | Available Now
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10
$896
Seeking roommates for shared home
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1003 Hadley RD Raleigh, NC
1 BR | Ask for Availability
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Biltmore Hills
13
$1,225 - 1,250
Mordecai On Clover
4.0
420 Clover Lane Raleigh, NC
2 BR | Available Now
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Dog Friendly
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38
$1,625
812 Elkhart Dr
Raleigh, NC
3 BR | Available Now
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Biltmore Hills
46
3D Tour
$709 - 909
PER
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Village Green Student Housing
Deal
4.2
2000 Village Bluff Pl. Raleigh, NC
2 - 4 BR | Available Now
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11
$920 - 1,220
Seeking Roommates For Shared Home
Deal
708 Ileagnes Rd Raleigh, NC
1 BR | Ask for Availability
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8
$967
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816 Colleton RD Raleigh, NC
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$725 - 1,095
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& UNIT
2604 Live On Hillsborough
2604 Hillsborough Street Raleigh, NC
1 - 3 BR | Available Now
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$1,800
2623 Blue Coral Dr
Raleigh, NC
3 BR | Available Now
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27
$769
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2824 Henslowe Dr Raleigh, NC
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1 - 22 of 22 Results
  1. Home
  2. Raleigh
  3. Glenwood South

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 29,902 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.

Glenwood South Neighborhood Summary

Glenwood South has quickly gone from ghost town to one of Raleigh’s most hoppin’ neighborhoods! It is now eight blocks of hip restaurants, bars, clubs, boutiques, and galleries. During the day, you can work in one of the local coffee houses or explore unique shops. At night, you can have a fantastic meal at one of the lively restaurants then have a craft cocktail at one of the upscale clubs. It is one of the best entertainment districts in Raleigh. However, there are also sprinklings of residential condos and apartment buildings. It is a prime location for college students and young professionals. If you want to live in one of Raleigh’s most desirable neighborhoods that puts you in the middle of it all, then this is the place for you!

Asset 2
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Apartments Under $700
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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.