Median rent for residential in as of Jul, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
43 Glenwood Ave, Raleigh, NC, USA apartments for rent
Housing Trends
How much is an apartment in Raleigh, NC, USA
Average rent in Raleigh: $1,989 (-3.3%)
| Rent Price | Jul | vs Last Month |
|---|---|---|
| Studio rentals | $1,736 | +15% |
| 1 bed rentals | $1,402 | -17.4% |
| 2 bed rentals | $1,778 | -13.7% |
| 3 bed rentals | $1,973 | -3.9% |
| 4+ bed rentals | $2,887 | +0.9% |
Over the Jul 2022, the average rent for an apartment in/near Raleigh, NC decreased by 3.3% to $1,989.
Breaking it down in details, we now see that the average price for 1-bed apartment decreased by 17.4% to $1,402. Pricing for 2-bed apartment also decreased by 13.7% and a place of this size will now cost you $1,778. 3-bed apartment rent pricing starts at $1,973, it decreased by 3.9% lately. We tend to note the rise of 4- and more bed apartment pricing. It increased by 0.9% and made it up to $2,887.
| Rent Type Price | Jul | vs Last Month |
|---|---|---|
| Apartment rentals | $1,802 | -13.1% |
| Townhouse rentals | $2,001 | +5.3% |
| Room rentals | $779 | +5.7% |
| House rentals | $2,361 | +7% |
| Condo rentals | $1,940 | -3.2% |
| Duplex rentals | $1,525 | +13% |
The median rent for an apartment in Raleigh, NC decreased by 13.1% to $1,802. Statistics show that house rent price increased by 7% this month making it up to $2,361. Condos faced an upward trend these days. The median rent for a condo decreased by 3.2%, it’s now available for $1,940. You can now rent a duplex for $1,525, duplex rent price increased by 13% this month. An average room will now go for $779, the median rent price for a room increased by 5.7%. The median rent for a townhouse increased by 5.3%, you’ll have to spend around $2,001 to get one.