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Apartments in Downtown Raleigh

1 - 30 of 112 Results
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
$1,225 - 2,759
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
7
$2,350
320 E Davie St
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
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
$1,299 - 3,663
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
Contact
Dog Friendly
House
Air Conditioning
Storage
Dishwasher
14
$2,050
408 Dakar St
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
15
$3,500
304 Linden Ave
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
0
$1,900
Charming 2bd, 2ba House In The Heart Of Downtown Raleigh
117 Haywood St Raleigh, NC
2 BR | Available Now
Contact
Dog 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
8
$1,395
705 Ellington
Raleigh, NC
3 BR | Available Now
Contact
Disability Access
Glenwood South
6
$995
131 S Boylan Ave
Raleigh, NC
Studio | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Storage
0
$2,600
Urban 2 Bedroom Condo - Downtown Raleigh!
522 S Harrington St Unit 102 Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Fitness Center
Dishwasher
Boylan Heights
13
$1,500
121 S Boylan Ave
Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Storage
Boylan Heights
33
$2,150
604 E Davie St
Raleigh, NC
3 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
House
Air Conditioning
Dishwasher
0
$2,450
Charming 1925 Craftsman Bungalow In Downtown Raleigh
217 Camden St Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
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
$2,200
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
0
$1,595
725 W Morgan St Apt B
Raleigh, NC
2 BR | Available Now
Contact
House
Boylan Heights
1
Call for Pricing
431 S Boylan Ave
Raleigh, NC
1 BR | Ask for Availability
Contact
Dog Friendly
Cat Friendly
Boylan Heights
0
$1,700
Boylan Heights!
706 Mcculloch St Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Boylan Heights
23
$922
Room In 3 Bedroom Home At Heck St
218 Heck St Raleigh, NC
1 BR | Available Now
Contact
House
1 - 30 of 112 Results
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Frequently Asked Questions

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

Rentable.co has over 109 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 $1,607 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 $1,825 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 $2,265 per month.

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

Rentable.co has over 29,883 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 $1,570 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 $1,570 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:
November Rent Report

Welcome to the November 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 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
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
1 BR       2 BR

Raleigh Rent Prices Increase From October to November

Raleigh rent prices increased over the last month. From October to November, the city experienced a 3.08% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,172.0.

When we take a look at the two-bedroom comparison from October to November, Raleigh experienced a -0.06% decrease for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,645.0.

November Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Apex, NC
Garner, NC
Cary, NC
Morrisville, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,527
$1,460
$1,423
$1,351
$1,335
$1,327
$1,210
$1,172
$0
$500
$1,000
$1,500
$2,000
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 4 of the Raleigh suburbs increased last month. On the other hand, 3 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, Garner, NC .

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

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

November 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
$4,211
$3,115
$2,373
$2,354
$1,903
$1,338
$1,246
$1,202
$1,172
$0
$1,400
$2,800
$4,200
$5,600
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 November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Raleigh, NC $1,172.0 3.08% $1,645.0 -0.06%
Cary, NC $1,351.0 0.67% $1,663.0 -0.36%
Morrisville, NC $1,335.0 -1.40% $1,709.0 -0.76%
Apex, NC $1,460.0 2.60% $1,699.0 -2.02%
Clayton, NC $1,210.0 6.70% $1,583.0 0.06%
Wake Forest, NC $1,527.0 -0.07% $1,724.0 -1.82%
Garner, NC $1,423.0 0.21% $1,607.0 0.38%
Knightdale, NC $1,327.0 -0.97% $1,561.0 4.91%

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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