Apartments in Sheffield Place Raleigh

1 - 21 of 21 Results
62
$2,400
Raleigh, NC
3 BR | Ask for Availability
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Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
$980 - 1,250
9500 Muirfield Club Drive Raleigh, NC
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Surface Parking
20
$2,995
Raleigh, NC
4 BR | Available Now
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North Raleigh
30
$2,195
2605 Diamondhitch Trl Raleigh, NC
3 BR | Available Now
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Cat Friendly
House
Air Conditioning
Balcony/Deck/Patio
$1,895
Raleigh, NC
3 BR | Available Now
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1
$1,950
Raleigh, NC
4 BR | Jun. 19, 2024
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17
$2,395
Raleigh, NC
3 BR | Jul. 1, 2024
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Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
$2,250
Raleigh, NC
3 BR | Available Now
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11
$1,750
Raleigh, NC
2 BR | Jun. 3, 2024
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Cat Friendly
Balcony/Deck/Patio
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38
$777
7948 Dukes Dynasty Dr Raleigh, NC
1 BR | Available Now
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20
$1,350
Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Surface Parking
Balcony/Deck/Patio
$969 - 1,089
3401 Bremer Hall Ct Raleigh, NC
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
In Unit Laundry
30
$1,950
7413 Ashbury Ct Raleigh, NC
3 BR | Jun. 24, 2024
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Storage
Disability Access
Dishwasher
20
$2,500
Raleigh, NC
3 BR | Available Now
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$700
7808 Six Forks Rd Raleigh, NC
2 BR | Available Now
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Six Forks
$3,195
6931 Hunters Way Raleigh, NC
3 BR | Available Now
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Dishwasher
Litchford Forest
15
$825 - 1,180
7303 Bryn Athyn Way Raleigh, NC
1 - 2 BR | Available Now
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Cat Friendly
Luxury
Air Conditioning
Surface Parking
2
$850
2611 Pine Village Road Raleigh, NC
2 BR | Available Now
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Income Restricted
Litchford Forest
12
$1,095
Raleigh, NC
3 BR | Available Now
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Cat Friendly
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13
$1,500
7122 Longstreet Dr Unit C Raleigh, NC
3 BR | Available Now
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$1,750
Raleigh, NC
3 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.