Maeve
319 W Lenoir St,
Raleigh, NC 27601
$1,499 - $7,515
Studio - 3 Beds
Downtown Raleigh sits a few miles east of North Carolina State University and is home to Saint Augustine’s University. There are several major attractions in the city, such as the Red Hat Amphitheater, Duke Energy Center for the Performing Arts, Raleigh Convention Center, and the North Carolina State Capitol. The Warehouse District offers indie art spaces, while the North Carolina Museum of Natural Sciences features family-friendly animal exhibits.
Downtown is a thriving commercial hub filled with tourist attractions, top-notch restaurants, and historic sites and museums. Residents and visitors alike flock to the Pit on West Davie Street for authentic barbeque and to Beasley’s Chicken + Honey for fried chicken and waffles and other Southern classics. For even more dining options, check out the establishments on Glenwood Avenue. The Raleigh Union Amtrak Station makes commuting around the city simple, and Interstates 440 and 40 help get residents to nearby cities like Durham, Cary, and Chapel Hill.
As of January 2026, the average apartment rent in Downtown Raleigh is $1,323 for a studio, $1,473 for one bedroom, $1,677 for two bedrooms, and $1,874 for three bedrooms. Apartment rent in Downtown Raleigh has decreased by -2.9% in the past year.
Studio
533 sq ft
Average Sq Ft
$1,323/month
Average Rent
1 BR
749 sq ft
Average Sq Ft
$1,473/month
Average Rent
2 BR
1,042 sq ft
Average Sq Ft
$1,677/month
Average Rent
3 BR
1,313 sq ft
Average Sq Ft
$1,874/month
Average Rent
3,458
Communities
953,880
Units
889
Cities
714
Communities
197,515
Units
339
Cities
650
Communities
128,107
Units
252
Cities
627
Communities
171,407
Units
245
Cities
553
Communities
122,626
Units
220
Cities
470
Communities
110,682
Units
238
Cities
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.