Cheap Apartments for Rent in Raleigh, NC
1,782 rentals
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- SPECIAL OFFER$500 - $2,000/mo4 Beds4 BathsLake Park Co-living Rooms | 1410 Collegiate Cir #5cc14ab95,
Raleigh, NC 27606 - ROOM FOR RENT
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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 increased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $1,895 |
| Jul 2025 | $1,890 |
| 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 |
Average Rent By Bedroom and Home Type
In June 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 | $1,226 | $1,595 | $1,952 | $2,395 | $1,850 |
| Townhomes | $895 | $1,695 | $1,950 | $2,800 | $1,940 |
| Apartments and Condos | $1,200 | $1,600 | $1,731 | $1,081 | $1,500 |
| Houses | $675 | $1,625 | $2,044 | $2,461 | $2,110 |
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 $1,412 per month. This is about 27% lower than the national average.
- What is the average rent of a house in Raleigh, NC?The average rent of a house in Raleigh, NC is $2,100 per month. This is about 9% higher than the national average.
- What is the average rent of a townhome in Raleigh, NC?The average rent of a townhome in Raleigh, NC is $1,900 per month. This is about 2% 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 $1,229 per month. That is about $77 less than the cost of a studio apartment.
- How many available rental listings are in Raleigh, NC?There are 1,858 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.