Apartment Rent in Mordecai
Raleigh, North Carolina · NC
Avg 1BR Rent $1,350 /month
Rent by Bedroom Count
Studio $950/mo ~524 sq ft $1.81/sq ft
1 Bedroom $1,350/mo ~728 sq ft $1.85/sq ft
2 Bedrooms $2,100/mo ~1056 sq ft $1.99/sq ft
3 Bedrooms $2,350/mo ~1347 sq ft $1.74/sq ft
Market Metrics
Year-over-Year Change -0.2% Rents declining
Vacancy Rate 9% Plenty of options
Walk Score 68/100 Somewhat Walkable
Transit Score 40/100 Some Transit
What to Budget
At $1,350/mo for a 1-bedroom in Mordecai, you should budget at least $4,050/mo in gross income (the standard 30% rule). For a studio at $950/mo, you'd need roughly $2,850/mo.
Studio income needed $2,850/mo
1BR income needed $4,050/mo
2BR income needed $6,300/mo
Moving to Mordecai?
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