Apartment Rent in Oakwood
Raleigh, North Carolina · NC
Avg 1BR Rent $1,975 /month
Rent by Bedroom Count
Studio $1,475/mo ~627 sq ft $2.35/sq ft
1 Bedroom $1,975/mo ~871 sq ft $2.27/sq ft
2 Bedrooms $2,850/mo ~1263 sq ft $2.26/sq ft
3 Bedrooms $3,425/mo ~1611 sq ft $2.13/sq ft
Market Metrics
Year-over-Year Change +0.2% Stable market
Vacancy Rate 7% Moderate availability
Walk Score 48/100 Car-Dependent
Transit Score 44/100 Some Transit
What to Budget
At $1,975/mo for a 1-bedroom in Oakwood, you should budget at least $5,925/mo in gross income (the standard 30% rule). For a studio at $1,475/mo, you'd need roughly $4,425/mo.
Studio income needed $4,425/mo
1BR income needed $5,925/mo
2BR income needed $8,550/mo
Moving to Oakwood?
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