Apartments in East Raleigh

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26

3D Tour

$1,250 - 2,445

The Falstaff

Deal

101 Poe Drive Raleigh, NC

Studio - 2 BR | Available Now

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Virtual Tour

Luxury

In Unit Laundry

13

$1,595

2209 Milburnie * 3 Brm 1.5 Bath * Central Air Gas Heat * One Pet Neg't With Restrictions * No Carpet! * Fenced Back Yard

2209 Milburnie RD Raleigh, NC

3 BR | Available Now

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Storage

East Raleigh

3

$1,845

Updated Brick Ranch Home In Vibrant Downtown Location

804 Culpepper Ln Raleigh, NC

2 BR | Jun. 1, 2024

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Disability Access

King Charles

15

$1,295

719 Highgate Pl

Raleigh, NC

2 BR | Available Now

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Dishwasher

King Charles

13

$1,295

721 Highgate Pl

Raleigh, NC

2 BR | Available Now

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King Charles

47

$1,549

1109 King Charles Rd

Raleigh, NC

3 BR | Available Now

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East Raleigh

1

$1,295

Longview Village Apartments

700 Hampstead Pl Raleigh, NC

2 BR | Available Now

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8

$1,445

1130 Brighton Road - Bev Roberts Rentals & Property Management

1130 Brighton Rd Raleigh, NC

2 BR | Available Now

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East Raleigh

12

$1,425

1214 Downing Rd

Raleigh, NC

3 BR | Available Now

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Woodcrest

17

$1,695

Spacious 4 Bedroom, 2 Bath House: Your Dream Home Awaits!

303 N King Charles Rd Raleigh, NC

4 BR | Available Now

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Longview

17

$1,590

**move In Special:1 Full Month Off (2nd Month)

1345 Crabtree Blvd Raleigh, NC

4 BR | Ask for Availability

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6

$1,800

2224 Rumson Rd

Raleigh, NC

3 BR | Aug. 5, 2024

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Woodcrest

9

$1,495

Fully Renovated Modern Design 2Bdrm Bath Apartment Available Near Downtown Raleigh!

1950 N Raleigh Blvd Raleigh, NC

2 BR | Available Now

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Woodcrest

49

$3,300

1626 Weatherford Cir

Raleigh, NC

5 BR | Available Now

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Dishwasher

3

$975

New Bern Ave Duplexes-42 Units

1902 New Bern Ave Raleigh, NC

2 BR | Available Now

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27

$2,300

Fenced Ranch Home In Downtown Raleigh!

1310 Pender St Raleigh, NC

3 BR | Aug. 15, 2024

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24

$2,595

1425 E Lane St

Raleigh, NC

3 BR | Available Now

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19

$1,445

1806 Midwood Dr

Raleigh, NC

2 BR | Jun. 15, 2024

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Air Conditioning

In Unit Laundry

Dishwasher

$795

2120 Hawkins Street

Raleigh, NC

2 BR | Available Now

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Surface Parking

Longview

$999

1600 Poole Rd

Raleigh, NC

2 BR | Available Now

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17

$2,000

103 Plainview Avenue

Raleigh, NC

2 BR | Jun. 8, 2024

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Woodcrest

23

$922

Room In 3 Bedroom Home At Heck St

218 Heck St Raleigh, NC

1 BR | Available Now

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27

$2,600

Gorgeous 3/2 Renovation In Downtown Raleigh! Upscale Finishes Throughout, Including Fenced-in Backyard!

114 N State St Raleigh, NC

3 BR | Jun. 10, 2024

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7

$1,410

State102

102 N State St Raleigh, NC

1 BR | Available Now

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18

$2,595

Modern Split-level Home With Finished Basement, Deck And Large Fenced Backyard!

2200 Shannon St Raleigh, NC

4 BR | Available Now

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$2,600

Modern Amenities Meet Cozy Charm! 3 Bedroom, 2 Bath, Downtown Location, Fenced-in Backyard - Pet Friendly!

128 Idlewild Ave Raleigh, NC

3 BR | May. 18, 2024

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$3,495

Stunning 3bd, 3.5ba Raleigh Townhome Near Downtown Raleigh With A 2-car Garage And Modern Updates

638 Watauga St Raleigh, NC

3 BR | Available Now

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132

Call for Pricing

Family Getaway Downtown Raleigh

319 Seawell Ave Raleigh, NC

4 BR | Jul. 9, 2024

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41

$3,000

202 Lincoln Ct

Raleigh, NC

3 BR | Available Now

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$4,900

Incredible 3bd, 2ba Furnished Historic Home In Raleigh With Custom Fixtures A Walk From Premium Amenities

306 Linden Ave Raleigh, NC

3 BR | Available Now

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Balcony/Deck/Patio

1 - 30 of 86 Results

Home
Raleigh
East Raleigh

East Raleigh Neighborhood Summary

East Raleigh holds a handful of older neighborhoods, including some of the first even established in North Carolina. Many of the properties in East Raleigh are within easy driving distance to Shaw University, St. Augustine’s College, William Peace University, and the other fine educational establishments sprinkled throughout Raleigh. For those pursuing a career in medicine, this region would be a fantastic area, as the WakeMed Raleigh Campus is only a few minutes away. If you’re more interested in the music scene, stop on over at Time Warner Cable Music Pavilion and see one of the many concerts they host every year. East Raleigh also borders the little suburb of Knightsdale, home to an Environmental Park certified by the National Wildlife Federation.

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.