Apartments in North Raleigh

61 - 65 of 65 Results
$1,695
1500 Township Cir Raleigh, NC
2 BR | Available Now
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House
56
3D Tour
$1,120 - 1,550
Deal
910 Shellbrook Ct Raleigh, NC
1 - 2 BR | Available Now
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Dog Friendly
Cat Friendly
Virtual Tour
Air Conditioning
Surface Parking
$2,500
Raleigh, NC
4 BR | Jun. 10, 2024
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Dog Friendly
Cat Friendly
House
Storage
Lakepark
15
$1,695
Raleigh, NC
3 BR | Available Now
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Lakepark
18
$653
1336 Garden Crest Cir Raleigh, NC
1 BR | Available Now
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Chestnut Hills
61 - 65 of 65 Results
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North Raleigh Neighborhood Summary

North Raleigh has been growing rapidly, spanning the both the inner-beltway and outer-beltway areas. Though most of this area has a more suburban geography, there are also a number of urban-style apartments the closer you get to downtown. However, North Raleigh has a number of shops and restaurants in its own right, as well as the North Hills Country Club if you wish to golf or swim. If you’re an ardent traveler and live in the Northwest area, you’ll have convenient access to the Raleigh-Durham International Airport. For those that wish to enjoy the great outdoors, you can always job over to the sprawling William B. Umstead State Park for a nice hike or just to enjoy the scenery. Because North Raleigh is a little more “out of the way” than the rest of the city, you can get a lot of bang for your buck when living here.

Raleigh:
June Rent Report

Welcome to the June 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 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 May to June

Raleigh rent prices increased over the last month. From May to June, 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 May to June, 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.

June Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Apex, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,459
$1,444
$1,408
$1,408
$1,364
$1,303
$1,289
$1,071
$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 1 of the Raleigh suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clayton, NC .

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

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

June 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
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$1,071
$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 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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Raleigh, NC $1,071.0 1.42% $1,622.0 0.50%
Cary, NC $1,364.0 -0.51% $1,668.0 -1.36%
Morrisville, NC $1,408.0 -0.21% $1,742.0 -0.11%
Apex, NC $1,408.0 -0.21% $1,802.0 1.07%
Clayton, NC $1,289.0 2.06% $1,619.0 -0.25%
Wake Forest, NC $1,459.0 -3.25% $1,716.0 -3.11%
Garner, NC $1,444.0 -0.07% $1,618.0 -0.12%
Knightdale, NC $1,303.0 0.00% $1,446.0 -0.96%

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.