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508 S Person St Apt 103
(984) 733-1238 ext: 47
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284 E Davie Street
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282 E Davie St
(919) 200-0370
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282 E Davie St
(919) 750-8845
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301 Fayetteville St Unit 3205
(919) 817-3676
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1215 S East St
(919) 750-8845
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1215 S East St
(919) 200-0370
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(919) 750-8278
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Edenton Historic Apartments
(919) 782-1717
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628 Dorothea Dr
(919) 459-6300
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708 Florence Street
(000) 000-0000
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716 Cumberland St
(919) 859-0044
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105-111 Heck St
(919) 859-0044
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102 N State St
(919) 794-4104
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400 W North St
(919) 750-8845
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400 W North St Unit 634
(919) 205-8330
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1234 Daladams St
(919) 256-2878
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707 W Lane St
(919) 834-1155
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1535 Caraleigh Mls Unit 143
(919) 459-6300
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Governors Sq
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Peace Raleigh Apartments
(919) 504-5529
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1310 Pender St
(919) 859-0044
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1511 Cross St
(919) 355-5359
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1215 Hillsborough St
(919) 355-5359
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211 Ashe Ave
(919) 307-6801
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709 Newcombe Rd
(919) 787-9375
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2000 Waters Dr
(919) 787-9375
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Apartments Near Shaw University

1 of 352 Results
12
$1,410 - 1,780
L Building
Deal
205 W Davie St Raleigh, NC
Studio | Available Now
0.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Covered Parking
In Unit Laundry
Storage
18
$2,000
508 S Person St Apt 103
Raleigh, NC
2 BR | Available Now
0.2 miles from center of campus
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Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
4
$1,750
284 E Davie Street
Deal
Raleigh, NC
2 BR | Available Now
0.3 miles from center of campus
Dog Friendly
Cat Friendly
Glenwood South
9
$2,100
282 E Davie St
Raleigh, NC
2 BR | Apr. 1, 2023
0.3 miles from center of campus
Contact
Dog Friendly
House
Balcony, Deck, Patio
Storage
Dishwasher
20
$2,400
282 E Davie St
Raleigh, NC
2 BR | Apr. 1, 2023
0.3 miles from center of campus
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Dog Friendly
Cat Friendly
House
Downtown Raleigh
18
$2,150
301 Fayetteville St Unit 3205
Raleigh, NC
1 BR | Available Now
0.4 miles from center of campus
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Dog Friendly
House
Balcony, Deck, Patio
Fitness Center
Storage
23
$1,250
1215 S East St
Raleigh, NC
2 BR | Available Now
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
9
$1,250
1215 S East St
Raleigh, NC
2 BR | Apr. 17, 2023
0.5 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Dishwasher
10
$685
Seeking roommates for shared home
Deal
727 E Lenoir St Raleigh, NC
1 BR | Ask for Availability
0.6 miles from center of campus
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
13
$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
0.7 miles from center of campus
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Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
26
$3,200
628 Dorothea Dr
Raleigh, NC
3 BR | Available Now
0.7 miles from center of campus
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House
Balcony, Deck, Patio
Dishwasher
Boylan Heights
3
$2,195
708 Florence Street
Raleigh, NC
3 BR | Jun. 8, 2023
0.8 miles from center of campus
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Dog Friendly
Cat Friendly
Dishwasher
Boylan Heights
14
$875
716 Cumberland St
Raleigh, NC
1 BR | Available Now
0.9 miles from center of campus
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Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Disability Access
17
$893
Seeking roommates for shared home
Deal
121 Gilbert Ave Raleigh, NC
1 BR | Ask for Availability
0.9 miles from center of campus
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Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
5
$975
105-111 Heck St
Raleigh, NC
2 BR | Available Now
1.0 miles from center of campus
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Dog Friendly
Cat Friendly
Storage
Dishwasher
7
$1,395
102 N State St
Raleigh, NC
2 BR | Available Now
1.0 miles from center of campus
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Balcony, Deck, Patio
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Dishwasher
10
$2,495
400 W North St
Raleigh, NC
2 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
House
Fitness Center
Dishwasher
10
$2,495
400 W North St Unit 634
Raleigh, NC
2 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Dishwasher
10
$1,795
1234 Daladams St
Raleigh, NC
2 BR | Available Now
1.1 miles from center of campus
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Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Disability Access
10
$1,100
707 W Lane St
Raleigh, NC
1 BR | Available Now
1.2 miles from center of campus
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Dog Friendly
Cat Friendly
Storage
Dishwasher
Cameron Park
13
$2,295
1535 Caraleigh Mls Unit 143
Raleigh, NC
2 BR | Apr. 10, 2023
1.2 miles from center of campus
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House
Balcony, Deck, Patio
Dishwasher
Caraleigh
3
$1,275
Governors Sq
710 North Person St. Raleigh, NC
1 BR | Available Now
1.3 miles from center of campus
Dog Friendly
Cat Friendly
Air Conditioning
30
$1,680 - 3,974
Peace Raleigh Apartments
417 West Peace Street Raleigh, NC
Studio - 2 BR | Available Now
1.3 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Fitness Center
Dishwasher
$2,200
1310 Pender St
Raleigh, NC
3 BR | Jun. 23, 2023
1.3 miles from center of campus
Contact
Dog Friendly
House
Balcony, Deck, Patio
Disability Access
Dishwasher
12
$1,600
1511 Cross St
Raleigh, NC
2 BR | Available Now
1.3 miles from center of campus
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Dog Friendly
Cat Friendly
House
Dishwasher
10
$1,295
1215 Hillsborough St
Raleigh, NC
1 BR | Available Now
1.4 miles from center of campus
Contact
Disability Access
Cameron Park
6
Call for Pricing
211 Ashe Ave
Raleigh, NC
1 BR | Available Now
1.4 miles from center of campus
Contact
Dog Friendly
Cat Friendly
Balcony, Deck, Patio
Storage
Dishwasher
$1,795
709 Newcombe Rd
Raleigh, NC
3 BR | Available Now
1.5 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Balcony, Deck, Patio
Storage
31
$2,195
2000 Waters Dr
Raleigh, NC
4 BR | Available Now
1.6 miles from center of campus
Contact
Dog Friendly
Cat Friendly
House
Surface Parking
Balcony, Deck, Patio
10
$760
Seeking roommates for shared home
Deal
1003 Hadley RD Raleigh, NC
1 BR | Ask for Availability
1.7 miles from center of campus
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Heat Included
Air Conditioning
Covered Parking
Dishwasher
Biltmore Hills
1 - 30 of 352 Results
  1. Home
  2. Raleigh
  3. Shaw University

How much does it cost to rent an apartment in Raleigh?

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,440 $840 - $1,810
1BR $1,100 $740 - $2,060
2BR $1,540 $1,080 - $2,740
3BR $1,850 $1,330 - $2,620
4+BR $2,240 $1,060 - $4,750
Frequently Asked Questions

How many apartments are available in Raleigh, NC on Rentable.co?

Rentable.co has over 29,301 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 $1,440 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 $1,100 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 $1,540 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 $58,000 to live comfortably.

Shaw University

Shaw University is definitely part of Raleigh’s urban center (it’s just a few blocks south of Downtown), so when most students look for off-campus housing they begin their search near the campus. Unfortunately, prices in Downtown Raleigh are more expensive than the average college student would want to spend on a rental. If you’re looking for anything bigger than a one bedroom, you will almost definitely be paying $1,000 or more per month. Some students have found studio and one bedroom apartments for under a grand, however. The further you move from Downtown the cheaper the prices will be, but the commute will be longer. Shaw University, and the city of Raleigh, are circled by Interstates 40 and 440. The university’s campus is located just three blocks from Downtown, which makes walking a popular mode of transportation. In fact, Walk Score gave the campus a “very walkable” score. As for other options: the city’s R-Line (the free downtown circulator bus) stops by Shaw’s campus, as does Buses 13 and 22. The city’s Amtrak station is also seven or eight blocks away if you need to travel out of town or commute via train. Interstate 70, another major road, also slices through the center of the city.

Asset 2
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Raleigh:
March Rent Report

Welcome to the March 2023 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the March 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 Decrease From February to March

Raleigh rent prices decreased over the last month. From February to March, the city experienced a -0.78% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,015.0.

When we take a look at the two-bedroom comparison from February to March, Raleigh experienced a -0.99% decrease for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,602.0.

March Prices: Raleigh vs. Surrounding Areas

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 1 of the Raleigh suburb increased last month. On the other hand, 5 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Garner, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Apex, NC, Clayton, NC, Wake Forest, NC.

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

March 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 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 March 1 BR M/M % Change 2 BR March 2 BR M/M % Change
Raleigh, NC $1,023.0 -1.35% $1,618.0 -0.55%
Cary, NC $1,614.0 -0.62% $1,913.0 0.00%
Morrisville, NC $1,405.0 -1.20% $1,775.0 0.74%
Apex, NC $1,441.0 -1.10% $1,664.0 -2.46%
Clayton, NC $1,358.0 -0.51% $1,575.0 -0.94%
Wake Forest, NC $1,689.0 -7.20% $1,983.0 -1.98%
Garner, NC $1,522.0 1.33% $1,617.0 3.13%

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.