Average Rent in Raleigh, NC

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Current Versus Historical Raleigh, NC Rents

Raleigh rentals average $1,700 for a studio rental to $2,350 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 July 2026, median rents have fallen substantially over the last year. Studio rentals prices have increased by $369 (27.69%) year-over-year from $1,331 to $1,700. 1-bedroom rentals prices have decreased by $412 (-23.72%) year-over-year from $1,737 to $1,325. 2-bedroom rentals prices have decreased by $285 (-15.10%) year-over-year from $1,885 to $1,600. 3-bedroom rentals prices have increased by $49 (2.49%) year-over-year from $1,947 to $1,995. 4-bedroom rentals prices have decreased by $39 (-1.58%) year-over-year from $2,474 to $2,435. 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 11.09% this month. 1-bedroom rents have gone down by 5.24% this month. 2-bedroom rents have gone up by 2.24% this month. 3-bedroom rents have gone up by 3.55% this month. 4-bedroom rents have gone up by 2.06% this month.

Beds	Price / Sqft	Jul 2026 Rent	1 Yr Ago Rent (% +/-)	3 Yr Ago Rent (% +/-)
Studio	$21.87	$1,700	$1,331 (27.69%)	$1,295 (31.31%)
1 BR	$26.41	$1,325	$1,737 (-23.72%)	$1,748 (-24.18%)
2 BR	$17.62	$1,600	$1,885 (-15.10%)	$1,750 (-8.58%)
3 BR	$15.15	$1,995	$1,947 (2.49%)	$1,932 (3.28%)
4+ BR	$13.72	$2,435	$2,474 (-1.58%)	$2,373 (2.63%)

Historical Rents in Raleigh, NC

Studio

1 Bed

2 Bed

3 Bed

4 Bed

Top Cities Near Raleigh

There are a total of 6 cities nearby Raleigh. The average rent in Raleigh is currently $2,123 per month. Our records show that Chapel Hill, NC, with an average rent of $1,950, is the most affordable city nearby. In contrast, the most expensive city near Raleigh, NC is Cary, NC. Monthly rents here are on average $2,300 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 10.00% more expensive than other cities nearby. One bedrooms are about 15.80% more affordable. Two bedrooms in Raleigh, NC are about 3.52% more affordable. Finally, rent for three bedrooms are about 12.82% more affordable. Want more information? Check out the top 6 cities near Raleigh, NC in the following table.

City	Studio	1 Bed	2 Bed	All
Chapel Hill, NC	N/A	$1,659	$1,713	$1,950
Durham, NC	$960	$1,395	$1,600	$1,990
Fuquay-Varina, NC	N/A	$900	$1,473	$1,995
Apex, NC	$4,000	$1,385	$1,568	$2,250
Morrisville, NC	$2,100	$1,500	$1,750	$2,295
Cary, NC	$2,375	$1,684	$1,845	$2,300

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 Durham, NC. The average rent for rentals in these counties is $2,000. That's roughly around $15 per sqft. A total of 2 counties have a lower average rent. The county that is the most affordable is Johnston, NC. Its average rent per month is $1,827. Vice versa, with an average rent of $2,100, Orange, NC is the most expensive county by Raleigh, NC.

Typically, rent for studios in Raleigh, NC is 43.53% more expensive than other counties nearby. In comparison, rent for one bedroom listings in Raleigh, NC is 10.44% more affordable 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	$1,195	$1,397	$1,827
Harnett, NC	$1,500	$973	$1,423	$1,850
Durham, NC	$960	$1,395	$1,685	$2,000
Wake, NC	$2,095	$1,381	$1,600	$2,077
Orange, NC	N/A	$1,659	$1,748	$2,100

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 $1,998. A total of 3 zipcodes have an average rent that is lower than that. The zipcode with the most affordable average rent for apartment listings is 27604, Raleigh, NC at $1,600 per month. In comparison, the zipcode with the most expensive average rent of $2,300 per month is 27502, Wake County, NC.

Studios in these zipcodes have an average rent of $1,475. That's at least $12 per sqft. Do you need more space than that? Average rent for one bedroom rentals for the zipcodes in or near Raleigh, NC is $1,395 per month. Or in other words, $22 per sqft. Meanwhile, two bedroom apartments will cost you an average of $1,550 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	$1,900	$1,097	$1,398	$1,895
27604, Raleigh, NC	$1,145	$1,401	$1,510	$1,600
27616, Raleigh, NC	N/A	$1,423	$1,550	$1,850
27519, Cary, NC	$2,400	$1,625	$1,850	$2,300
27603, Garner, NC	$1,475	$1,535	$2,175	$1,995
27560, Morrisville, NC	$2,125	$1,448	$1,795	$2,250
27703, Durham County, NC	N/A	$1,395	$1,589	$2,190
27606, Wake County, NC	$2,400	$870	$1,495	$1,700
27587, Wake Forest, NC	N/A	$1,385	$1,473	$2,000
27502, Wake County, NC	$4,250	$1,456	$1,568	$2,300

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 $1,700 and an average price per square feet of $21.87. There are a total of 23 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 $1,250 and an average price per square feet of $26.41. There are a total of 61 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 $1,600 and an average price per square feet of $17.62. There are a total of 179 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 0.28%, one bedroom rental prices have changed by -0.24%, two bedroom rental prices have changed by -0.15%, three bedroom rental prices have changed by 0.02% 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.