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min read

Raleigh Market Rental Trends Report

Relocity's rental trends report shows you how the nation’s major rental markets stack up and reveals 2024 pricing trends.

Rental prices in Raleigh, NC have decreased by .9% in the last month and 5% in the last year. However, that trend is expected to change in 2024. As of December 2023, the median rent for all bedroom counts and property types in Raleigh, NC was $1,695, or -12% lower than the national average, which will likely trend upwards in 2024. Contributing factors include an influx of new companies to the area bringing new renters while current renters who anticipated buying in 2023 are staying in their rental properties due to higher interest rates.


Apartment Options

The Vine North Hills
• Studio/1ba
• Sq Ft: 540
• Rent: $1,264

Camden Carolinian
• 1bed/1ba
• Sq Ft: 950
• Rent: $1,669

The Line
• 2bed/2ba
• Sq Ft: 1,052
• Rent: $2,098

Cortland Brier Creek
• 3bed/2ba
• Sq Ft: 1,238
• Rent: $2,148


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