Raleigh, NC Rental Market
Raleigh anchors the Research Triangle alongside Durham and Chapel Hill, one of the most dynamic tech and life sciences corridors in the United States. A magnet for corporate relocations and consistently ranked among the top destinations for domestic migration, Raleigh's rental market benefits from deep demand driven by tech giants, pharmaceutical companies, and a highly educated workforce. With 2,800 active listings and strong lease velocity, Raleigh is one of the most liquid rental markets in the Southeast.
Get a rent estimate for an address in RaleighAverage Rent in Raleigh, NC
$1,650
per month · 2026-06
Market Score
Key Facts — Raleigh, NC Rental Market
- Average rent in Raleigh, NC:$1,650/mo
- Median rent:$1,518/mo
- Rent range:$825 – $3,650/mo
- Most common rental (2 bedrooms):$1,450/mo
- Active listings:2,800
- Avg days to lease:25 days
- Year-over-year change:+4.0%
- Median home value:$360,000
- Est. gross annual yield:5.5%
- Data as of:2026-06
Rent by Bedroom in Raleigh, NC
Average monthly rent for each bedroom type based on current active listings in Raleigh.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,200/mo |
2 Bedrooms | $1,450/mo |
3 Bedrooms | $1,850/mo |
4 Bedrooms | $2,275/mo |
5 Bedrooms | $2,600/mo |
Raleigh Rental Market Statistics
Key indicators from the current Raleigh, NC rental market.
2,800
Available now in Raleigh
25
From list to lease
$1.22
Average across listings
1,350 sq ft
Typical rental size
$825 – $3,650
Min to max active listings
+4.0%
Avg rent vs. prior year
Investing in Raleigh, NC Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$360,000
Typical purchase price in Raleigh
Est. Gross Annual Yield
5.5%
Before expenses & vacancy
Avg Monthly Income
$1,650
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Raleigh for a full cash-flow breakdown including all costs.
Raleigh, NC Rental Market FAQ
Common questions about renting and investing in Raleigh, NC.
What is the average rent in Raleigh, NC?
The average rent in Raleigh, NC is $1,650 per month as of 2026. One-bedroom apartments average $1,200/mo, two-bedrooms $1,450/mo, and three-bedroom homes $1,850/mo. Downtown Raleigh and North Hills command premiums, while suburban areas like North Raleigh and Wake Forest offer more value.
Is Raleigh, NC a good place to invest in rental property?
Raleigh is one of the top-tier rental investment markets in the country. With 4.0% year-over-year rent growth, a 5.5% gross yield, and a tech-driven economy anchored by Apple, Google, Red Hat, and Research Triangle Park, the market offers strong long-term appreciation alongside solid cash flow.
How competitive is the Raleigh, NC rental market?
Raleigh is extremely competitive, with nearly 2,800 active listings moving in an average of just 25 days. Properties in desirable in-town neighborhoods like Five Points, Oakwood, and Cameron Village often receive multiple applications within the first week of listing.
Ready to Analyze a Property in Raleigh?
Get an instant rent estimate, cash-flow projection, and comparable rentals for any address in Raleigh, NC.
Analyze Now — It's Free