Rentometer, Inc. | Data as of 10/22/2025
Raleigh‑Cary’s vibrant Metro area offers a diverse rental inventory that caters to both young professionals and growing families. Apartment living is strong throughout the core of downtown Raleigh, the tech‑focused Brier Creek district, and the bustling Cary Village, with studio and one‑bedroom units typically priced in the $1,400‑$1,500 range. Larger floor plans, such as two‑ and three‑bedroom apartments, often sit in the $1,800‑$2,100 bracket, providing ample space for commuters who value easy access to research parks, universities, and cultural venues like the North Carolina Museum of Art.
For renters seeking the flexibility of a house, the market presents a wide spectrum of options. Studio and one‑bedroom homes are generally found around the $1,000‑$1,700 level, while two‑bedroom houses commonly fall in the $1,600‑$1,700 range. Families looking for three or more bedrooms can expect rental values near the $2,000‑$2,600 range, especially in sought‑after neighborhoods such as Oakwood, Five Points, and the historic districts of Cary. These areas are prized for their tree‑lined streets, community parks, and proximity to top‑rated schools and shopping centers.
Overall, the Raleigh‑Cary rental market blends affordability with quality, supported by a strong job base in technology, education, and healthcare. Whether you prefer the low‑maintenance lifestyle of an apartment or the privacy of a single‑family home, the Metro region’s neighborhoods, amenities, and convenient transportation corridors make it an attractive destination for renters seeking a dynamic Southern lifestyle.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,464 | $1,458 | $1,044 - $1,700 | $1,355 - $1,681 |
| Apartment | 1 Bedroom | $1,466 | $1,440 | $645 - $2,195 | $1,238 - $1,595 |
| Apartment | 2 Bedroom | $1,777 | $1,694 | $1,120 - $3,830 | $1,500 - $1,929 |
| Apartment | 3 Bedroom | $2,145 | $1,955 | $1,391 - $6,199 | $1,778 - $2,322 |
| Apartment | 4+ Bedroom | $2,273 | $2,360 | $2,000 - $2,460 | $2,000 - $2,460 |
| House | 2 Bedroom | $1,751 | $1,712 | $1,320 - $2,650 | $1,445 - $1,950 |
| House | 3 Bedroom | $2,105 | $1,995 | $940 - $4,800 | $1,850 - $2,195 |
| House | 4+ Bedroom | $2,526 | $2,395 | $1,595 - $6,500 | $2,110 - $2,670 |
In the current period, the average rent in Raleigh-Cary, NC was $1,464 for Studio, $1,466 for 1 Bedroom, $1,774 for 2 Bedroom, $2,105 for 3 Bedroom, and $2,452 for 4+ Bedroom.
Data provided by Rentometer, Inc.