Apartments in Drewry Hills Raleigh

31 - 52 of 52 Results
26
3D Tour
$1,175 - 1,675
2105 Ravenglass Place Raleigh, NC
1 - 2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
67
3D Tour
$1,199 - 1,939
4703 Summit Overlook Dr Raleigh, NC
1 - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Virtual Tour
Luxury
Air Conditioning
13
$1,020
5499 Tralee Place Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Townhome
Balcony/Deck/Patio
Storage
2
$850 - 1,200
67
Country Club Villas 6700 Auburn St Bakersfield, CA
Studio - 2 BR | Available Now
Contact
Disability Access
Cedar Hill Estates
7
$400 - 425
PER
ROOM
2000 University Woods Drive Raleigh, NC
3 - 4 BR | Available Now
Contact
Student
In Unit Laundry
Dishwasher
17
$1,595
900 Canenaugh Dr Unit 108 Raleigh, NC
2 BR | Jan. 1, 2025
Contact
Dog Friendly
Cat Friendly
Storage
65
$3,899
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
0
$3,895
Raleigh, NC
4 BR | Available Now
Contact
House
0
$3,795
Raleigh, NC
4 BR | Available Now
Contact
House
0
$3,795
Raleigh, NC
4 BR | Available Now
Contact
House
45
$2,249
Raleigh, NC
3 BR | Nov. 25, 2024
Contact
Dog Friendly
Cat Friendly
House
Oberlin Village
0
$2,295
Raleigh, NC
4 BR | Available Now
Contact
House
17
$2,270
3029 Lewis Farm Rd - 3029 Lewis Farm Rd Raleigh, NC
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Dishwasher
Sunset Hills
8
$1,450
5745 Poolside Drive Raleigh, NC
3 BR | Available Now
Contact
House
Balcony/Deck/Patio
Dishwasher
Ridgeloch
14
$1,376 - 5,349
104 Dartmouth Rd. Raleigh, NC
Studio - 3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
36
$1,895
Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Storage
Dishwasher
10
$1,900
Raleigh, NC
2 BR | Available Now
Contact
Disability Access
Sunset Hills
0
$1,650
314 Robin Hood Dr Raleigh, NC
3 BR | Available Now
Contact
Dog Friendly
House
Dishwasher
Woodcrest
0
$5,500
2501 Shadow Hills Ct Raleigh, NC
4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
House
Balcony/Deck/Patio
Dishwasher
7
$ Ask - 1,340
5825 Pointer Drive Raleigh, NC
1 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
Pool
4
$1,050
Raleigh, NC
2 BR | Ask for Availability
Contact
House
Ridgewood
23
Call for Pricing
3020 Spanish Court Raleigh, NC
Studio | Ask for Availability
Contact
31 - 52 of 52 Results
  1. Home
  2. Raleigh
  3. Drewry Hills

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.