Apartments in Fairfax Raleigh

1 - 30 of 86 Results
14
$1,376 - 5,349
104 Dartmouth Rd. Raleigh, NC
Studio - 3 BR | Available Now
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Fairfax
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Balcony/Deck/Patio
17
$1,450
Raleigh, NC
2 BR | Available Now
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Fairfax
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Dishwasher
21
$1,195
1217 Manassas Ct Unit E Raleigh, NC
2 BR | Available Now
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Fairfax
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Storage
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14
$1,295
5800 Falls Of Neuse Rd Unit B Raleigh, NC
2 BR | Available Now
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Fairfax
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Cat Friendly
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Storage
12
$2,500
Raleigh, NC
3 BR | Available Now
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Fairfax
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9
$1,549
Raleigh, NC
3 BR | Available Now
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Dishwasher
Cedar Hill Estates
15
$1,549
Pine Ridge Pl Raleigh, NC
3 BR | Available Now
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Cedar Hill Estates
30
$3,500
4924 Olde Millcrest Ct Raleigh, NC
4 BR | Available Now
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Cedar Hill Estates
24
$1,850
Applewood Lane Raleigh, NC
3 BR | Available Now
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2
$1,000 - 1,200
67
Country Club Villas 6700 Auburn St Bakersfield, CA
1 - 2 BR | Available Now
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Disability Access
Cedar Hill Estates
7
$ Ask - 1,340
5825 Pointer Drive Raleigh, NC
1 BR | Available Now
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Dishwasher
Pool
42
$2,800
Raleigh, NC
3 BR | Available Now
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Dishwasher
Cedar Hill Estates
$1,695
1706 Sorrell Brook Way Raleigh, NC
2 BR | Available Now
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Dog Friendly
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22
3D Tour
$1,072 - 1,915
2038 Quail Forest Dr Raleigh, NC
1 - 3 BR | Available Now
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Virtual Tour
Luxury
Surface Parking
41
$1,925
1662 Brook Fern Way Raleigh, NC
2 BR | Ask for Availability
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House
26
$1,850
Raleigh, NC
2 BR | Available Now
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Storage
9
$1,995
Raleigh, NC
3 BR | Available Now
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House
9
$1,925
Raleigh, NC
3 BR | Jun. 7, 2024
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House
$1,695
1500 Township Cir Raleigh, NC
2 BR | Available Now
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36
$1,895
Raleigh, NC
3 BR | Available Now
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Storage
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$1,950
300 Rosehaven Dr Raleigh, NC
3 BR | Available Now
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Cedar Hill Estates
$1,010
5701 Turtle Cove Ct Raleigh, NC
1 BR | Available Now
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14
$1,850
Raleigh, NC
3 BR | Available Now
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Cat Friendly
House
Disability Access
Dishwasher
14
$1,750
5946 Shady Grove Cir Raleigh, NC
3 BR | Available Now
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19
$2,150
517 Princeton St Raleigh, NC
3 BR | Jun. 10, 2024
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37
$849 - 999
5500 Reunion Point Raleigh, NC
1 - 2 BR | Available Now
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Fitness Center
Pool
Fireplace
13
$1,209 - 1,535
5500 Reunion Raleigh, NC
1 - 2 BR | Available Now
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Luxury
Surface Parking
Balcony/Deck/Patio
5
$2,150
Raleigh, NC
5 BR | Available Now
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Balcony/Deck/Patio
Storage
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Fireplace
13
$1,020
5499 Tralee Place Raleigh, NC
2 BR | Available Now
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Cat Friendly
Townhome
Balcony/Deck/Patio
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15
$2,200
Raleigh, NC
3 BR | Available Now
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1 - 30 of 86 Results
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Raleigh:
June Rent Report

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

Raleigh Rent Prices Increase From May to June

Raleigh rent prices increased over the last month. From May to June, the city experienced a 1.59% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,088.0.

When we take a look at the two-bedroom comparison from May to June, Raleigh experienced a 0.86% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,636.0.

June Prices: Raleigh vs. Surrounding Areas

Wake Forest, NC
Garner, NC
Morrisville, NC
Apex, NC
Cary, NC
Knightdale, NC
Clayton, NC
Raleigh, NC
$1,459
$1,444
$1,408
$1,408
$1,364
$1,303
$1,289
$1,071
$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 1 of the Raleigh suburb increased last month. On the other hand, 6 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Clayton, NC .

  • Rent decreased in Cary, NC, Morrisville, NC, Apex, NC, Wake Forest, NC, Garner, NC, Knightdale, NC.

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

June 2024 Pricing Trends: Raleigh vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
Raleigh, NC
$4,132
$3,030
$2,390
$2,331
$1,905
$1,353
$1,259
$1,203
$1,071
$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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Raleigh, NC $1,071.0 1.42% $1,622.0 0.50%
Cary, NC $1,364.0 -0.51% $1,668.0 -1.36%
Morrisville, NC $1,408.0 -0.21% $1,742.0 -0.11%
Apex, NC $1,408.0 -0.21% $1,802.0 1.07%
Clayton, NC $1,289.0 2.06% $1,619.0 -0.25%
Wake Forest, NC $1,459.0 -3.25% $1,716.0 -3.11%
Garner, NC $1,444.0 -0.07% $1,618.0 -0.12%
Knightdale, NC $1,303.0 0.00% $1,446.0 -0.96%

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.