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Apartments in Downtown Raleigh

1 - 30 of 96 Results
1
$1,995
2 Br 2 Bath Downtown Condo
243-101 New Bern Pl Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
13
$1,195 - 1,295
Edenton Historic Apartments
Deal
200 E Edenton Street Raleigh, NC
Studio - 1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony/Deck/Patio
55
3D Tour
$1,285 - 2,245
The Lincoln
Deal
408 E Hargett St Raleigh, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
4
$1,750
284 E Davie Street
Deal
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Glenwood South
19
$2,570
Live In The Heart Of Downtown Raleigh!
444 S Blount St Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Storage
37
$3,000
537 New Bern Avenue, Unit 103
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Air Conditioning
Balcony/Deck/Patio
Dishwasher
Downtown Raleigh
$2,900
532 S Person St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
25
$1,377 - 3,809
Link Apartments® Glenwood South
202 N West St Raleigh, NC
Studio - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Air Conditioning
Covered Parking
42
$2,645
Renovated Downtown Raleigh Home Available
517 S East St Raleigh, NC
3 BR | Ask for Availability
Contact
House
Glenwood South
24
$1,750
400 W North St Apt 1214
Raleigh, NC
1 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Fitness Center
Storage
9
$2,800
516 Chavis Way
Raleigh, NC
3 BR | Available Now
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Dog Friendly
House
Air Conditioning
Storage
Dishwasher
1
$2,045
Charming 3bd, 2ba Raleigh Home In The Heart Of Downtown, Within Walking Distance To Tons Of Restaurants And Entertainment Options
112 Haywood St Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
1
$1,650
Charming 2bd, 2ba House In The Heart Of Downtown Raleigh
117 Haywood St Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
0
$3,900
Incredible 3bd, 2ba Furnished Historic Home In Raleigh With Custom Fixtures A Walk From Premium Amenities
306 Linden Ave Raleigh, NC
3 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
1
$2,295
Brand New Two Bedroom Home!
1211 Shaw View Aly Unit 101 Raleigh, NC
2 BR | Available Now
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House
Dishwasher
Glenwood South
8
$1,395
705 Ellington
Raleigh, NC
3 BR | Available Now
Contact
Disability Access
Glenwood South
1
$1,050
131 S Boylan Ave
Raleigh, NC
Studio | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
13
$1,500
121 S Boylan Ave
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Boylan Heights
33
$1,995
604 E Davie St
Raleigh, NC
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
11
$1,250
8 St Marys St
Raleigh, NC
1 BR | Ask for Availability
Contact
Cat Friendly
Cameron Park
30
$1,674 - 4,945
Peace Raleigh Apartments
417 West Peace Street Raleigh, NC
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Balcony/Deck/Patio
Fitness Center
Dishwasher
27
$2,195
510 Glenwood Ave
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
4
$1,700
123 Idlewild
123 Idlewild Ave Raleigh, NC
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Storage
3
$1,275
Governors Sq
710 North Person St. Raleigh, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
1
$1,495
725 W Morgan St Apt B
Raleigh, NC
2 BR | Available Now
Contact
House
Boylan Heights
1
$1,395
2 Bedroom House In Downtown Raleigh
320 Martin Luther King Blvd Raleigh, NC
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
Glenwood South
10
$1,395
320 Martin Luther King Blvd
Raleigh, NC
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
House
Glenwood South
1
Call for Pricing
431 S Boylan Ave
Raleigh, NC
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Boylan Heights
1
$5,600
Premier 4bd, 3.5ba Home Near Historic Oakwood With Bonus Room And Fenced Backyard
515 Pace St Raleigh, NC
4 BR | Dec. 20, 2024
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
0
$1,700
Boylan Heights!
706 Mcculloch St Raleigh, NC
2 BR | Available Now
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Dog Friendly
Cat Friendly
House
Dishwasher
Boylan Heights
1 - 30 of 96 Results
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Frequently Asked Questions

How many apartments are available in Downtown Raleigh on Rentable.co?

Rentable.co has over 98 apartments available near Downtown Raleigh.

What is the average rent for a studio apartment in Downtown Raleigh?

The average rent for a studio apartment near Downtown Raleigh is around $1,478 per month.

What is the average rent for a one-bedroom apartment in Downtown Raleigh?

The average rent for a one-bedroom apartment near Downtown Raleigh is around $1,849 per month.

What is the average rent for a two-bedroom apartment in Downtown Raleigh?

The average rent for a two-bedroom apartment near Downtown Raleigh is around $2,197 per month.

How many apartments are available in Raleigh, NC on Rentable.co?

Rentable.co has over 30,238 apartments available in Raleigh.

What is the average rent for a studio apartment in Raleigh, NC?

The average rent for a studio apartment in Raleigh is around $1,470 per month.

What is the average rent for a one-bedroom apartment in Raleigh, NC?

The average rent for a one-bedroom apartment in Raleigh is around $1,200 per month.

What is the average rent for a two-bedroom apartment in Raleigh, NC?

The average rent for a two-bedroom apartment in Raleigh is around $1,560 per month.

How expensive is it to rent an apartment in Raleigh, NC?

For a two-bedroom apartment in Raleigh, the average rent price is $1,560 per month, which is similar to the national average of $1,600 per month.

Can I afford an apartment for rent in Raleigh, NC?

Based on average rent prices in Raleigh, to afford a studio apartment you would need an annual household income of $59,000 to live comfortably.

Downtown Raleigh Neighborhood Summary

Raleigh is a great city with lots of great neighborhoods to live in and fun places to hang out. Downtown Raleigh is ideal for youthful urban living because of its walkability and convenience to some of the liveliest restaurants, bars, shops, and entertainment venues in the city.

Raleigh:
December Rent Report

Welcome to the December 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the December 2024 key findings and figures for the Raleigh rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Raleigh and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Raleigh average rent prices in the chart below.

Monthly Rent Report

$1,750
$1,310
$880
$440
$0
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
1 BR       2 BR

Raleigh Rent Prices Increase From November to December

Raleigh rent prices increased over the last month. From November to December, the city experienced a 1.33% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,218.0.

When we take a look at the two-bedroom comparison from November to December, Raleigh experienced a 0.54% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,661.0.

December Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Apex, NC
Garner, NC
Cary, NC
Morrisville, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,539
$1,502
$1,425
$1,353
$1,326
$1,279
$1,250
$1,202
$0
$550
$1,100
$1,650
$2,200
Median 1 BR Rent

Rent Prices in Raleigh and Surrounding Areas

Rent prices have increased in Raleigh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Raleigh suburbs increased last month. On the other hand, 2 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cary, NC, Apex, NC, Clayton, NC, Wake Forest, NC, Garner, NC .

  • Rent decreased in Morrisville, NC, Knightdale, NC.

  • 7 suburbs are currently priced higher than the city of Raleigh.

December 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Raleigh, NC
$4,134
$3,160
$2,389
$2,353
$1,914
$1,318
$1,255
$1,234
$1,202
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been on the rise. When compared to major cities nearby, along with some of the most expensive cities in the country, Raleigh average rent prices appear to be relatively affordable for local residents.

The price for a Raleigh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Raleigh and surrounding area rent prices, take a look at the complete data set below.

Data set for Raleigh and suburbs

1 BR December 1 BR M/M % Change 2 BR December 2 BR M/M % Change
Raleigh, NC $1,202.0 2.56% $1,652.0 0.43%
Cary, NC $1,353.0 0.15% $1,659.0 -0.24%
Apex, NC $1,502.0 2.88% $1,760.0 3.59%
Morrisville, NC $1,326.0 -0.67% $1,713.0 0.23%
Clayton, NC $1,250.0 3.31% $1,592.0 0.57%
Wake Forest, NC $1,539.0 0.79% $1,745.0 1.22%
Garner, NC $1,425.0 0.14% $1,611.0 0.25%
Knightdale, NC $1,279.0 -3.62% $1,548.0 -0.83%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.

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