Apartment Rent in Downtown Raleigh
Raleigh, North Carolina · NC
Avg 1BR Rent $1,100 /month
Rent by Bedroom Count
Studio $775/mo ~431 sq ft $1.80/sq ft
1 Bedroom $1,100/mo ~598 sq ft $1.84/sq ft
2 Bedrooms $1,550/mo ~867 sq ft $1.79/sq ft
3 Bedrooms $1,975/mo ~1106 sq ft $1.79/sq ft
Market Metrics
Year-over-Year Change +0.5% Stable market
Vacancy Rate 2.9% Very tight supply
Walk Score 65/100 Somewhat Walkable
Transit Score 87/100 Excellent Transit
What to Budget
At $1,100/mo for a 1-bedroom in Downtown Raleigh, you should budget at least $3,300/mo in gross income (the standard 30% rule). For a studio at $775/mo, you'd need roughly $2,325/mo.
Studio income needed $2,325/mo
1BR income needed $3,300/mo
2BR income needed $4,650/mo
Moving to Downtown Raleigh?
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