Apartments in Renaissance Park Raleigh

31 - 56 of 56 Results
13
$1,025 - 1,600
Deal
5.0
2000 Spring Drive Garner, NC
1 - 2 BR | Available Now
Contact
Furnished
Air Conditioning
Surface Parking
In Unit Laundry
Dishwasher
28
3D Tour
$699 - 809
PER
ROOM
2450 Centennial Ridge Way Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
26
$573
3016 Haskell Dr Raleigh, NC
1 BR | Available Now
Contact
House
23
$2,200
Raleigh, NC
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
7
$2,950
Raleigh, NC
5 BR | Aug. 1, 2024
Contact
Dog Friendly
House
Dishwasher
31
$1,900
2107 Trailridge Ct Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
Storage
12
$895
3116 Tryon Rd Raleigh, NC
4 BR | May. 15, 2024
Contact
Storage
21
$640
2221 #102 Mountain Mist Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
37
$611
3003 Bluegrove Rd Raleigh, NC
1 BR | Available Now
Contact
House
24
$511 - 626
3003 Bluegrove RD Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
14
$801
2200 #203 Mountain Mist Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
31
$640
2221 102 Mountain Mist Ct Raleigh, NC
1 BR | Available Now
Contact
House
32
$704
2200 203 Mountain Mist Ct Raleigh, NC
1 BR | Available Now
Contact
House
12
3D Tour
$725 - 945
PER
ROOM
3101 Compatible Way Raleigh, NC
2 - 4 BR | Aug. 13, 2024
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
11
$700
121 Gilbert Ave Raleigh, NC
1 BR | Available Now
Contact
House
Caraleigh
23
$2,000
Raleigh, NC
3 BR | Jun. 14, 2024
Contact
House
17
$1,200
Raleigh, NC
2 BR | Available Now
Contact
House
$2,495
2825 Isabella Dr Raleigh, NC
3 BR | Available Now
Contact
House
14
$2,055 - 2,095
Raleigh, NC
4 BR | Available Now
Contact
Air Conditioning
Balcony/Deck/Patio
Dishwasher
20
$1,800
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
Air Conditioning
Storage
Dishwasher
24
3D Tour
$914 - 934
PER
ROOM
2190 Ocean Reef Place Raleigh, NC
3 - 4 BR | Aug. 13, 2024
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
Luxury
33
$765 - 920
PER
ROOM
Deal
3.4
3333 Melrose Club Blvd Raleigh, NC
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Dishwasher
23
$550
Raleigh, NC
4 BR | Available Now
Contact
Surface Parking
Storage
Disability Access
Dishwasher
14
$1,995
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
20
$1,550
860 Darby St Raleigh, NC
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Storage
Dishwasher
Biltmore Hills
$2,695
1706 Ballard Dr Raleigh, NC
3 BR | Available Now
Contact
House
Dishwasher
Trailwood
31 - 56 of 56 Results
  1. Home
  2. Raleigh
  3. Renaissance Park

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.