Rentometer, Inc. | Data as of 10/22/2025
Raleigh’s rental market offers a dynamic mix of modern apartments and charming single‑family homes, catering to a wide range of lifestyles. Apartment seekers will find studios and one‑bedroom units comfortably positioned in the $1,300‑$1,500 range, while larger two‑ and three‑bedroom layouts typically fall between $1,800 and $2,200. For families or those needing extra space, four‑plus bedroom apartments are also available, often priced in the $1,200‑$1,500 bracket. Historic neighborhoods such as Oakwood and emerging districts like Glenwood South provide character‑rich options, while contemporary developments around North Hills and Cameron Village deliver sleek amenities and walkable urban living.
Renters interested in houses experience a slightly different pricing landscape. One‑bedroom homes generally sit near the $1,100 mark, offering a more affordable entry point for those seeking a private residence. Two‑bedroom houses commonly range from $1,700 to $1,800, and three‑bedroom properties are typically priced in the $2,100‑$2,200 region. Larger four‑plus bedroom homes command premium rates, often found in the $2,600‑$2,700 spectrum, especially in family‑friendly suburbs such as West Raleigh and the historic Mordecai area. These homes combine spacious interiors with proximity to top‑rated schools, parks, and the vibrant downtown core.
Beyond the numbers, Raleigh’s appeal lies in its blend of Southern hospitality and thriving cultural scene. Residents enjoy easy access to landmarks like the North Carolina Museum of Art, PNC Arena, and the expansive William B. Umstead State Park. The city’s robust employment base, renowned universities, and an ever‑growing culinary and entertainment landscape make it a desirable destination for renters seeking both convenience and quality of life in North Carolina’s capital.
Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
---|---|---|---|---|---|
Apartment | Studio | $1,540 | $1,439 | $1,186 - $2,975 | $1,370 - $1,662 |
Apartment | 1 Bedroom | $1,529 | $1,469 | $645 - $2,830 | $1,223 - $1,717 |
Apartment | 2 Bedroom | $1,839 | $1,700 | $1,064 - $4,625 | $1,426 - $2,020 |
Apartment | 3 Bedroom | $2,268 | $1,930 | $1,350 - $9,575 | $1,649 - $2,074 |
Apartment | 4+ Bedroom | $1,860 | $1,249 | $912 - $4,000 | $1,049 - $2,094 |
House | 1 Bedroom | $806 | $637 | $625 - $1,325 | $625 - $1,325 |
House | 2 Bedroom | $1,670 | $1,675 | $670 - $3,450 | $1,200 - $2,150 |
House | 3 Bedroom | $2,117 | $1,949 | $950 - $6,000 | $1,800 - $2,145 |
House | 4+ Bedroom | $2,627 | $2,399 | $1,800 - $6,000 | $2,100 - $2,825 |
In the current period, the average rent in Raleigh was $1,541 for Studio, $1,505 for 1 Bedroom, $1,815 for 2 Bedroom, $2,141 for 3 Bedroom, and $2,510 for 4+ Bedroom.
Data provided by Rentometer, Inc.