Apartment Rent in Five Points
Raleigh, North Carolina · NC
Avg 1BR Rent $1,775 /month
Rent by Bedroom Count
Studio $1,375/mo ~440 sq ft $3.13/sq ft
1 Bedroom $1,775/mo ~611 sq ft $2.91/sq ft
2 Bedrooms $2,475/mo ~886 sq ft $2.79/sq ft
3 Bedrooms $3,100/mo ~1130 sq ft $2.74/sq ft
Market Metrics
Year-over-Year Change -0.2% Rents declining
Vacancy Rate 8.4% Plenty of options
Walk Score 48/100 Car-Dependent
Transit Score 47/100 Some Transit
What to Budget
At $1,775/mo for a 1-bedroom in Five Points, you should budget at least $5,325/mo in gross income (the standard 30% rule). For a studio at $1,375/mo, you'd need roughly $4,125/mo.
Studio income needed $4,125/mo
1BR income needed $5,325/mo
2BR income needed $7,425/mo
Moving to Five Points?
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