Apartments in Wood Spring Raleigh

1 - 30 of 49 Results
23
$2,600
Raleigh, NC
4 BR | Aug. 1, 2024
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House
Wood Spring
0
$2,000
Raleigh, NC
3 BR | Available Now
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Cat Friendly
House
Dishwasher
Pool
63
$3,500
Raleigh, NC
5 BR | Aug. 20, 2024
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Woodbridge
$1,700
2101 Piney Brook Rd Unit 107 Raleigh, NC
2 BR | Available Now
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Falls River
$1,800
11130 Gwynn Oaks Dr Raleigh, NC
3 BR | Available Now
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Cat Friendly
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1
$1,695
Raleigh, NC
3 BR | Available Now
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Storage
Falls River
15
$1,695
Raleigh, NC
3 BR | Available Now
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Falls River
19
$1,895
Raleigh, NC
3 BR | Available Now
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Dog Friendly
Air Conditioning
Dishwasher
Falls River
0
$1,995
Raleigh, NC
3 BR | Available Now
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Falls River
0
$2,100
Raleigh, NC
3 BR | Available Now
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4
$1,395 - 1,595
11031 Raven Ridge Rd Raleigh, NC
1 - 2 BR | Available Now
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Storage
Disability Access
$2,350
9617 Waterwood Ct Wake Forest, NC
4 BR | Available Now
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Cat Friendly
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Dishwasher
35
$1,995
Raleigh, NC
3 BR | Available Now
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Disability Access
$1,895
Raleigh, NC
3 BR | Available Now
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Dog Friendly
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0
$2,150
3013 Dahlgreen Rd Raleigh, NC
3 BR | Available Now
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Dishwasher
17
$2,575
2409 Finley Ridge Ln Raleigh, NC
4 BR | Ask for Availability
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12
$747
2200 Fieldmont Ct Raleigh, NC
1 BR | Ask for Availability
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Heat Included
Dog Friendly
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Covered Parking
15
$2,195
Raleigh, NC
4 BR | Available Now
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Air Conditioning
In Unit Laundry
Dishwasher
$1,800
2633 Hamlet Green Dr Raleigh, NC
3 BR | Available Now
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Balcony/Deck/Patio
Dishwasher
6
$1,195
Raleigh, NC
2 BR | Available Now
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Air Conditioning
In Unit Laundry
Windsor Forest
30
$2,195
2605 Diamondhitch Trl Raleigh, NC
3 BR | Available Now
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Air Conditioning
Balcony/Deck/Patio
27
$1,700
2615 Vega Ct Raleigh, NC
3 BR | Available Now
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Storage
Dishwasher
0
$2,100
2627 Vega Ct Raleigh, NC
3 BR | Available Now
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18
$1,695
8723 Belford Valley Ln Raleigh, NC
3 BR | Available Now
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Windsor Forest
$980 - 1,250
9500 Muirfield Club Drive Raleigh, NC
1 - 2 BR | Available Now
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Luxury
Air Conditioning
Surface Parking
13
$1,750
9024 Grassington Way Raleigh, NC
2 BR | Ask for Availability
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Air Conditioning
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Pool
28
$858
9815 Sweet Basil Dr Wake Forest, NC
1 BR | Available Now
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Shearon Farms
15
$1,270 - 1,975
8800 Cattail Creek Place Raleigh, NC
1 - 3 BR | Available Now
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Luxury
Townhome
Air Conditioning
34
$2,250
Wake Forest, NC
3 BR | Sep. 5, 2024
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Cat Friendly
House
Shearon Farms
0
$2,250
9902 Precious Stone Dr Wake Forest, NC
3 BR | Sep. 5, 2024
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1 - 30 of 49 Results
  1. Home
  2. Raleigh
  3. Wood Spring

Raleigh:
July Rent Report

Welcome to the July 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 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
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
1 BR       2 BR

Raleigh Rent Prices Increase From June to July

Raleigh rent prices increased over the last month. From June to July, the city experienced a 1.59% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,088.0.

When we take a look at the two-bedroom comparison from June to July, Raleigh experienced a 0.86% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,636.0.

July Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Apex, NC
Morrisville, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,476
$1,436
$1,413
$1,398
$1,362
$1,346
$1,230
$1,088
$0
$500
$1,000
$1,500
$2,000
Median 1 BR Rent

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 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, Wake Forest, NC, Knightdale, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Clayton, NC, Garner, NC.

  • 7 suburbs are currently priced higher than the city of Raleigh.

July 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
$4,189
$3,023
$2,389
$2,340
$1,888
$1,394
$1,253
$1,200
$1,088
$0
$1,400
$2,800
$4,200
$5,600
Median Rent

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 July 1 BR M/M % Change 2 BR July 2 BR M/M % Change
Raleigh, NC $1,088.0 1.59% $1,636.0 0.86%
Cary, NC $1,362.0 -0.15% $1,665.0 -0.18%
Morrisville, NC $1,398.0 -0.71% $1,736.0 -0.34%
Apex, NC $1,413.0 0.36% $1,812.0 0.56%
Clayton, NC $1,230.0 -4.58% $1,614.0 -0.31%
Wake Forest, NC $1,476.0 1.17% $1,711.0 -0.29%
Garner, NC $1,436.0 -0.55% $1,615.0 -0.19%
Knightdale, NC $1,346.0 3.30% $1,466.0 1.38%

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.