Apartments in Southwest Raleigh

61 - 90 of 156 Results
13
$3,200
1700 Ithaca Ln Raleigh, NC
4 BR | Available Now
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9
$1,195
Raleigh, NC
2 BR | Available Now
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Air Conditioning
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4
$1,045
Raleigh, NC
1 BR | Available Now
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9
$2,950
Raleigh, NC
5 BR | Aug. 1, 2024
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2
$1,650
3722 Burt Dr Raleigh, NC
2 BR | Jun. 15, 2024
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9
$1,770
4210 Sterlingworth Dr Raleigh, NC
3 BR | Aug. 14, 2024
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Kentwood
25
$1,595
4306 Halliwell Dr Raleigh, NC
2 BR | Available Now
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23
$2,200
Raleigh, NC
4 BR | Available Now
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11
$1,375
1512 Collegeview Ave Raleigh, NC
2 BR | Available Now
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4
$1,275
Raleigh, NC
3 BR | Available Now
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16
$854
2112 Shenandoah Rd Raleigh, NC
1 BR | Available Now
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22
$779 - 810
2112 Shenandoah RD Raleigh, NC
1 BR | Available Now
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$1,880
3950 Amelia Park Dr Raleigh, NC
2 BR | Available Now
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1
$1,775
3973 Amelia Park Dr Raleigh, NC
2 BR | Jun. 1, 2024
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Dishwasher
1
$795
3829 Kelford St Raleigh, NC
1 BR | Available Now
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Kentwood
19
$618
3011 106 Barrymore St Raleigh, NC
1 BR | Available Now
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30
$1,423 - 2,078
4233 Avent Ferry Road Raleigh, NC
1 - 3 BR | Available Now
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12
$895
3116 Tryon Rd Raleigh, NC
4 BR | May. 15, 2024
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27
$708
2824 Henslowe Dr Raleigh, NC
1 BR | Ask for Availability
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51
$708
2824 Henslowe Dr Raleigh, NC
1 BR | Available Now
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27
$919
2606 Wolf Cub Ct Raleigh, NC
1 BR | Ask for Availability
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35
$919
2606 Wolf Cub Ct Raleigh, NC
1 BR | Available Now
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11
$2,250
Raleigh, NC
3 BR | Aug. 2, 2024
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1
$1,025
Kent Rd Raleigh, NC
1 BR | Available Now
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Kentwood
12
$1,900
Raleigh, NC
2 BR | Available Now
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Kentwood
22
$859
Raleigh, NC
1 BR | Available Now
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14
$1,645
Raleigh, NC
2 BR | Available Now
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1
$1,600
Raleigh, NC
2 BR | Available Now
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13
$775
1204 Gorman St Raleigh, NC
1 BR | Available Now
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Central Raleigh
46
3D Tour
$849 - 962
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ROOM
2000 Village Bluff Pl. Raleigh, NC
2 - 4 BR | Available Now
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61 - 90 of 156 Results
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  3. Southwest Raleigh
Southwest Raleigh Neighborhood Summary

Home to North Carolina State University, Southwest Raleigh is the city’s creative district. There is always something going on, whether it be an event the university is hosting or other community festivities. Southwest Raleigh is friendly to those who love the outdoors. The North Carolina Art Museum is bikable and the region hosts the City of Oaks Marathon. These little road races allow you to enjoy the beautiful scenery of Raleigh on foot. Even a fitness trail in Kaplan Drive Park is lined with unusual art, such as teepees made of sticks. For those looking to get their hands dirty, play around Lake Johnson or participate in the Wedge Community Garden. There are also a number of unique businesses in the area that sell handmade, interesting products for affordable prices. Southwest Raleigh is always brimming with youthful vibrancy and a sense of fun.

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
Cary, NC
Apex, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,547
$1,442
$1,415
$1,375
$1,329
$1,309
$1,247
$1,040
$0
$550
$1,100
$1,650
$2,200
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 Morrisville, NC, Apex, NC, Garner, NC .

  • Rent decreased in Cary, NC, Clayton, 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
Minneapolis, MN
Columbus, OH
Pittsburgh, PA
Raleigh, NC
$3,994
$3,038
$2,355
$2,347
$1,893
$1,300
$1,264
$1,145
$1,040
$0
$1,300
$2,600
$3,900
$5,200
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 $1,040.0 -0.76% $1,606.0 -0.19%
Cary, NC $1,375.0 -0.65% $1,707.0 -0.12%
Morrisville, NC $1,415.0 0.07% $1,752.0 0.57%
Apex, NC $1,329.0 4.98% $1,719.0 2.63%
Clayton, NC $1,247.0 -1.50% $1,623.0 0.00%
Wake Forest, NC $1,547.0 -5.03% $1,816.0 -2.31%
Garner, NC $1,442.0 0.42% $1,623.0 -0.12%
Knightdale, NC $1,309.0 -2.02% $1,523.0 -4.93%

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.