Average Rent in Raleigh, NC

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Current Versus Historical Raleigh, NC Rents

Raleigh rentals average $1,666 for a studio rental to $2,525 for a 4-bedroom rental. The median price of all currently available listings is $1,850, or roughly $16 per square feet.

For the apartment units and housing in August 2026, median rents have fallen over the last year. Studio rentals prices have increased by $48 (2.99%) year-over-year from $1,618 to $1,666. 1-bedroom rentals prices have decreased by $161 (-8.87%) year-over-year from $1,811 to $1,650. 2-bedroom rentals prices have decreased by $392 (-19.24%) year-over-year from $2,037 to $1,645. 3-bedroom rentals prices have increased by $8 (0.40%) year-over-year from $1,917 to $1,925. 4-bedroom rentals prices have increased by $59 (2.40%) year-over-year from $2,466 to $2,525. Note that this figure includes all active and rented listings throughout the month.

Month-to-month, seasonality might have a bigger impact than overall trend price changes. Studio rents have gone up by 10.34% this month. 1-bedroom rents have gone up by 6.00% this month. 2-bedroom rents have gone up by 1.96% this month. 3-bedroom rents have gone up by 0.89% this month. 4-bedroom rents have gone up by 7.87% this month.

Beds	Price / Sqft	Aug 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$15.81	$1,666	$1,618 (2.99%)	$1,587 (4.99%)
1 BR	$24.33	$1,650	$1,811 (-8.87%)	$1,800 (-8.31%)
2 BR	$17.57	$1,645	$2,037 (-19.24%)	$1,915 (-14.11%)
3 BR	$14.79	$1,925	$1,917 (0.40%)	$1,917 (0.43%)
4+ BR	$13.64	$2,525	$2,466 (2.40%)	$2,341 (7.87%)

Historical Rents in Raleigh, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Raleigh

There are a total of 5 cities nearby Raleigh. The average rent in Raleigh is currently $2,100 per month. Only one city nearby has an average rent lower than that. Our records show that Chapel Hill, NC, with an average rent of $1,800, is the most affordable city nearby. In contrast, the most expensive city near Raleigh, NC is Apex, NC. Monthly rents here are on average $2,295 per month.

Let's compare Raleigh, NC's rent against other top cities nearby by bedroom size. Typically, rent for studios in Raleigh, NC is 26.05% more affordable than other cities nearby. One bedrooms are about 4.30% more expensive. Two bedrooms in Raleigh, NC are about 3.34% more affordable. Finally, rent for three bedrooms are about 11.69% more affordable. Want more information? Check out the top 5 cities near Raleigh, NC in the following table.

City	Studio	1 Bed	2 Bed	All
Chapel Hill, NC	N/A	$1,579	$1,650	$1,800
Durham, NC	$2,087	$2,191	$1,700	$2,000
Wake Forest, NC	$2,100	$1,295	$1,375	$2,100
Cary, NC	$2,400	$1,941	$1,800	$2,295
Apex, NC	$3,000	$1,352	$1,700	$2,295

Top Neighborhoods Near Raleigh

Neighborhood	Studio	1 Bed	2 Bed	All

Top Counties Near Raleigh

There are a total of 5 counties located by Raleigh, NC. Some of these counties include Johnston, NC, Harnett, NC, and Orange, NC. The average rent for rentals in these counties is $2,048. That's roughly around $14 per sqft. A total of one county has a lower average rent. The county that is the most affordable is Johnston, NC. Its average rent per month is $1,800. Vice versa, with an average rent of $2,095, Durham, NC is the most expensive county by Raleigh, NC.

Typically, rent for studios in Raleigh, NC is 46.28% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Raleigh, NC is 5.30% more expensive than other counties nearby. Finally, rent for two bedrooms in Raleigh, NC is on par with the other counties nearby. We've listed all of these counties in the table below.

County	Studio	1 Bed	2 Bed	All
Johnston, NC	N/A	$1,000	$1,495	$1,800
Harnett, NC	$895	N/A	$1,350	$1,879
Orange, NC	N/A	$1,563	$1,762	$2,048
Wake, NC	$1,975	$1,608	$1,645	$2,050
Durham, NC	$2,087	$1,830	$1,700	$2,095

Top Zipcodes Near Raleigh

There are a total of 13 zipcodes in or near Raleigh, NC. The average rent for all of these zipcodes is $2,100. A total of 4 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27606, Wake County, NC at $1,548 per month. In comparison, the zipcode with the most expensive average rent of $2,395 per month is 27519, Cary, NC.

Studios in these zipcodes have an average rent of $1,994. That's at least $13 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Raleigh, NC is $1,450 per month. Or in other words, $24 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,650 per month. Which comes out to $16 per sqft. The following table includes the top 10 zipcodes in Raleigh, NC. You can view the average rent breakdown for each zipcode by bedroom size.

Zipcode	Studio	1 Bed	2 Bed	All
27610, Raleigh, NC	$1,875	$1,820	$1,425	$1,820
27604, Raleigh, NC	$1,665	$1,500	$1,500	$1,700
27616, Raleigh, NC	$2,050	$1,450	$1,575	$1,913
27519, Cary, NC	$2,425	$1,590	$1,850	$2,395
27603, Garner, NC	$2,000	$1,773	$2,150	$2,050
27560, Morrisville, NC	$1,988	$1,448	$1,775	$2,200
27703, Durham County, NC	N/A	$1,395	$1,650	$2,147
27606, Wake County, NC	N/A	$1,020	$1,400	$1,548
27587, Wake Forest, NC	$2,100	$1,273	$1,400	$2,150
27513, Cary, NC	$2,395	$1,954	$1,850	$2,148

Frequently Asked Questions - Raleigh Average Rents

What is the average rent price in Raleigh, NC?

The average monthly rental price for Raleigh, NC apartments for rent is approximately $1,850. This calculation takes into consideration rental listings of varying bedroom/bathroom sizes, building types, and locations.

Do Raleigh, NC rent prices drop in winter?

Yes! On average we see a 3.4% drop in rental prices between the peak summer months and the slower winter months. With the added bonus of decreased competition from other renters looking to move, winter is generally considered the best time of the year to find an apartment for rent in Raleigh, NC.

How much is a studio apartment in Raleigh, NC?

The average monthly rental price for studio apartments is $1,666 and an average price per square feet of $15.81. There are a total of 21 studio apartment listings currently available for rent in Raleigh.

How much is a one bedroom apartment in Raleigh, NC?

The average monthly rental price for one bedroom apartments is $1,650 and an average price per square feet of $24.33. There are a total of 95 one bedroom apartment listings currently available for rent in Raleigh.

How much is a two bedroom apartment in Raleigh, NC?

The average monthly rental price for two bedroom apartments is $1,645 and an average price per square feet of $17.57. There are a total of 192 two bedroom apartment listings currently available for rent in Raleigh.

How have rent prices in Raleigh, NC changed this year?

Rent prices for rentals in Raleigh, NC can fluctuate yearly. Specifically, studio rental prices have changed by 0.03%, one bedroom rental prices have changed by -0.09%, two bedroom rental prices have changed by -0.19%, three bedroom rental prices have changed by 0.00% year-over-year.

What is a reasonable rent price in Raleigh, NC?

A reasonable rent price in Raleigh, NC is around $1,480/month. You can search for these reasonably priced rental listings on RentHop.