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(919) 737-2646
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2924 Oberry St
(919) 878-7474 ext: 207
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Camden Carolinian
(877) 471-2717
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University Woods
(919) 870-5080
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2604 Live On Hillsborough
(919) 594-6250
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The Standard at Raleigh
(984) 227-8687
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Seeking Roommates For Shared Home
(919) 750-8278
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College Inn
(919) 832-8383
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(919) 750-8278
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400 W North St Unit 634
(919) 205-8330
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200 S. Dawson # 207
(919) 459-6300
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(919) 750-8278
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Allister North Hills
(844) 762-1102
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Edenton Historic Apartments
(919) 782-1717
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Apartments in Sunset Hills Raleigh

1 of 14 Results
66
$1,545 - 1,695
Willowwood Apartments
2816 Oberry St Raleigh, NC
2 BR | Ask for Availability
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Dishwasher
12
$1,125
2924 Oberry St
Raleigh, NC
2 BR | Ask for Availability
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House
Ridgewood
35
$1,729 - 3,329
Camden Carolinian
2600 Glenwood Avenue Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Covered Parking
Balcony, Deck, Patio
Fitness Center
7
$400 - 425
PER
ROOM
University Woods
4.0
2000 University Woods Drive Raleigh, NC
3 - 4 BR | Available Now
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Student
In Unit Laundry
Dishwasher
1
$725 - 1,095
PER ROOM
& UNIT
2604 Live On Hillsborough
2604 Hillsborough Street Raleigh, NC
1 - 3 BR | Available Now
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Heat Included
Furnished
Student
Virtual Tour
In Unit Laundry
8
$960 - 1,310
PER
ROOM
The Standard at Raleigh
Leasing Office, 3101 Hillsborough Street Raleigh, NC
Studio - 4 BR | Available Now
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Dog Friendly
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In Unit Laundry
22
$720 - 1,020
Seeking Roommates For Shared Home
Deal
2923 Okelly St Raleigh, NC
1 BR | Ask for Availability
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Heat Included
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15
$885 - 1,075
PER
ROOM
College Inn
2717 Western Blvd Raleigh, NC
2 - 4 BR | Aug. 5, 2023
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16
$859
Seeking roommates for shared home
Deal
1110 Carlton Ave Raleigh, NC
1 BR | Ask for Availability
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Heat Included
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10
$2,495
400 W North St Unit 634
Raleigh, NC
2 BR | Available Now
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House
Balcony, Deck, Patio
Dishwasher
16
$2,350
200 S. Dawson # 207
Raleigh, NC
2 BR | Available Now
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Balcony, Deck, Patio
Dishwasher
Downtown Raleigh
23
$896 - 995
Seeking Roommates For Shared Home
Deal
1008 J Sandlin Pl Raleigh, NC
1 BR | Ask for Availability
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Heat Included
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27
$932 - 7,153
Allister North Hills
4.4
430 Allister Drive Raleigh, NC
1 - 3 BR | Available Now
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
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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Air Conditioning
In Unit Laundry
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1 - 14 of 14 Results
  1. Home
  2. Raleigh
  3. Sunset Hills

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 29,895 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.

Asset 2
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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.