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The capital of North Carolina and one of the points on the Research Triangle, Raleigh offers access to amenities and employment opportunities not found in other parts of the state. The local economy has long been on the cutting edge, with thriving science and technology jobs in the Research Triangle and a growing community of entrepreneurs in the city; in fact, “Forbes” magazine has consistently placed Raleigh high on its list of best places for businesses and careers.

Located only a couple of hours from the mountains and the ocean, Raleigh is a centrally located city that has been experiencing a population boom for the past decade. Dubbed the "Smithsonian of the South," Raleigh offers more than 40 free attractions and museums to keep you steeped in culture. There are museums of art, history, and technology, plus a children’s museum for younger patrons. The Duke Energy Center for the Performing Arts is a massive multi-stage venue that hosts the North Carolina Symphony, the Carolina Ballet, and a variety of other productions throughout the year.


The North Carolina Governor's Mansion was built in 1883

The evening cityscape

Rent Trends

As of August 2017, the average apartment rent in Raleigh, NC is $896 for a studio, $960 for one bedroom, $1,101 for two bedrooms, and $1,214 for three bedrooms. Apartment rent in Raleigh has increased by 4.1% in the past year.

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45 Walk Score® Car-Dependent
38 Transit Score® Some Transit
48 Bike Score® Somewhat Bikeable



The three main shopping malls in Raleigh are North Hills, Crabtree Valley, and Triangle Town Center. These malls are located in the northern part of the city along the I-440 and I-540 beltways. As described above, North Hills is a mixed use development with a very walkable open-air mall. Crabtree Valley and Triangle Town are more traditional malls with two floors of indoor shopping surrounded by a few free-standing shops.

Outside of shopping malls, there are a number of areas where stores have clustered together. Cameron Village and Brier Creek are just two of these venues. Additionally, the downtown area has a number of local boutique shops that offer a unique selection.


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Raleigh Apartments for Rent

37 Apartments Available

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1701 Gorman St
Raleigh, NC 27606
$495 3 Bed Available Now
University Glen
1430-1440 Collegeview Ave, Raleigh, NC 27606
No Availability 2 wks

Apartments for Rent Under $500 in Raleigh, NC

You searched for apartments in Raleigh, NC. Let help you find the perfect rental near you. Click to view any of these 37 available rental units in Raleigh to see photos, reviews, floor plans and verified information about schools, neighborhoods, unit availability and more. has the most extensive inventory of any apartment search site, with over 149 thousand currently available apartments for rent. You can trust to find your next Raleigh rental under $500.

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