Cheap Apartments for Rent in Raleigh, NC
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SPECIAL OFFERPET FRIENDLYTotal price$585 - $810/mo
3-4 Beds
3-4 BathsUniversity Suites Student Housing | 2190 Ocean Reef Pl,
Raleigh, NC 27603
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SPECIAL OFFERPET FRIENDLY$599 - $2,157/mo3 Beds3 BathsCentennial Village Student Housing | 2311 Crescent Creek Dr,
Raleigh, NC 27606
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Average Rent Trends in Raleigh, NC
Rent in Raleigh, NC varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jul 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,895 |
| Sep 2025 | $1,875 |
| Oct 2025 | $1,850 |
| Nov 2025 | $1,845 |
| Dec 2025 | $1,825 |
| Jan 2026 | $1,810 |
| Feb 2026 | $1,800 |
| Mar 2026 | $1,800 |
| Apr 2026 | $1,800 |
| May 2026 | $1,835 |
| Jun 2026 | $1,850 |
| Jul 2026 | $1,825 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,225 | $1,594 | $1,955 | $2,375 | $1,814 |
| Townhomes | $750 | $1,675 | $1,950 | $2,600 | $1,900 |
| Apartments and Condos | $1,095 | $1,600 | $1,656 | $800 | $1,500 |
| Houses | $675 | $1,700 | $2,020 | $2,495 | $2,080 |
Frequently Asked Questions about Rentals in Raleigh, NC
- What is the average rent of an apartment in Raleigh, NC?The average rent of an apartment in Raleigh, NC is $1,441 per month. This is about 27% lower than the national average.
- When is the average rent cheapest in Raleigh, NC?In the last year, the average rent in Raleigh, NC was lowest in Dec 2025 when it was $1,825 per month.
- When is the average rent most expensive in Raleigh, NC?In the last year, the average rent in Raleigh, NC was highest in Jun 2025 when it was $1,895 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Raleigh, NC?The average rent of a 1 bedroom apartment in Raleigh, NC is $1,225 per month. That is about $120 less than the cost of a studio apartment.
- How many available rental listings are in Raleigh, NC?There are 1,967 available rental listings in Raleigh, NC.
- What colleges and universities are in Raleigh, NC?Colleges and universities in Raleigh, NC include: North Carolina State University.
- What are some neighborhoods in Raleigh, NC?Some neighborhoods in Raleigh, NC include: North Raleigh, Northwest Raleigh, Northeast Raleigh, West Raleigh, Southwest Raleigh.
- What are some zip codes in Raleigh, NC?
- What are some cities near Raleigh, NC?Some nearby cities include: Knightdale, Cary, Morrisville, Garner, Rolesville. These cities may have more rental options to explore.
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