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Homes & Apartments for Rent in Raleigh, NC 27605

1-20 of 20 rentals

Apartment for rent at 905 W Peace St, Raleigh, NC 27605

1/10

Managed by Walk to State

$3,600

Apartment4 Beds3 Baths3,250 ft²

905 W Peace St

Raleigh, NC 27605

Discover comfortable urban living in this well-appointed 4-bedroom, 3-bath home located at the corner of Peace and St. Mary's Street in Raleigh. Just a stone's throw from the Shops at The Village District and minutes from downtown Raleigh, this residence offers convenient access to local shopping and city amenities. The open-concept living room and kitchen create a welcoming central space for daily living, while a bonus sun room and separate bonus office room provide flexible areas for relaxation or work. Ideal for those who want easy reach of downtown conveniences in a central Raleigh location.

1/18

Featured

Managed by Resolute Property Management

$1,900

Apartment2 Beds2 Baths

118 Forest Rd

Raleigh, NC 27605

Beautiful, newly renovated 2 bedroom, 2 bath unit located just off Hillsborough Street. Easy access to downtown, NCSU, dining and shopping. You will enjoy the shared back deck and front porch areas. Off street parking. No pets. Amenities: Range/Oven, Window Coverings, Breakfast Nook & Family Room. Parking: on-street.

1/10

Managed by Walk to State

$995

ApartmentStudio1 Bath400 ft²

613 St Mary's St

Raleigh, NC 27605

Bright studio apartment in Raleigh located above a dental office at the corner of Peace and St. Mary's Street. This unit is a stone's throw from the Shops at The Village District and super close to downtown Raleigh. The building includes a coin-operated washer/dryer and each unit comes with a designated parking space. Offered at an affordable price, this studio provides convenient urban living within easy reach of local shopping and downtown amenities.

1/10

Managed by TradeMark Residential

$1,550

Condo2 Beds1.5 Baths

901 St Mary's St

Raleigh, NC 27605

Charming renovated 2-bedroom end unit condo has hardwood floors, updated windows, and granite counter tops. Popular Cameron Village Condos boast walking distance to shopping, food, Fletcher Park, entertainment and so much more. Includes a washer & dryer, + water bill included in rent. No Pets. One designated parking spot provided. Come make this your home today. Resident agrees to and shall pay a one-time $200 Admin Fee upon move and resident agrees to and shall pay a monthly $10 processing fee. Amenities: Located near shopping & restaurants & Stove/Oven.

1/10

Managed by Element Property Management

$1,750

Apartment2 Beds1 Bath917 ft²

120 Cox Ave #3

Raleigh, NC 27605

LIMITED-TIME Leasing Incentive. Promotion applies to qualified applicants who submit an application within 48 hours of viewing the property and sign their lease within 5 days of application approval. Offer applies to 12-month leases only. Other qualifications and lease terms apply. Tucked just off Hillsborough Street, this 917 sq ft 2-bedroom, 1-bath apartment offers a bright, open layout ideal for roommates or small households. You're minutes from NC State University, Meredith College, Cameron Village, and Downtown Raleigh, putting shopping, dining, and campus life all within easy reach.

1/10

Featured

Managed by Chris

$1,350

ApartmentStudio1 Bath560 ft²

1300 Saint Marys St #505

Raleigh, NC 27605

Located in one of Raleigh's most desirable neighborhoods, this top floor modern studio with high exposed concrete ceilings, is situated in a luxurious, secured entry and elevator access building. Open layout makes the studio spacious and filled with an abundance of natural light. Condo includes: modern kitchen with stainless steel appliances, quartz countertops and a built in desk area, washer/dryer, large walk-in closet, and balcony for sipping coffee in the morning or unwinding in the evenings. Also included is at no additional cost is a dedicated parking space, private storage cage, and water/sewer utility.

1/10

Price cut $45

Managed by TradeMark Residential- VG Murray

$1,750

Condo2 Beds2 Baths1,094 ft²

730-108 Washington St

Raleigh, NC 27605

Introducing a charming 2 bedroom, 2 bathroom condo located in the desirable Parkside Condos community, adjacent to Fletcher Park in Raleigh, NC. This cozy condo features stainless steel appliances, fireplace, a private patio perfect for enjoying the outdoors, and access to a community pool for relaxation and entertainment. Lots of storage space including walk in closet and built in shelving. With its convenient location near downtown, residents can easily explore all that the city has to offer. We are proud to offer deposit-free living to qualified renters through Obligo.

1/10

Managed by Ammons Pittman Property Management

$3,695

House4 Beds2.5 Baths2,425 ft²

114 E Park Ave

Raleigh, NC 27605

Carmeron Park Downtown Raleigh. Built in 1909. Just few feet from Hillbourough street. Covered front porch and private back patio area. Fabulous wrap around porch and huge master bedroom overlook Green Park. 10+ ceilings. Well maintained with flexible open floor plan. 4 bedrooms/3 full baths. First floor suite for office or guest. Walk to shops, restaurants, NC State, and downtown. Amenities: Stove, Diswasher & Yard Maintenance.

1/5

Listed by a leasing agent

$1,509 - $2,156

ApartmentStudio-2 Beds1-2 Baths532-1,214 ft²

600 St Mary's St

Raleigh, NC 27605

This apartment features an open concept living/dining room, and a beautiful galley kitchen with polished quartz counter tops, a built-in wine rack, GE energy star stainless steel appliances, built-in microwave, and a dishwasher. There is wood plank flooring in the kitchen and living/dining room, carpeting in the bedroom, and ceramic tiled floors in the bathroom. The unit also features tall ceilings, lots of windows including huge eight-foot high windows in the living room, window coverings, central heating and air-conditioning with programmable electronic thermostat, numerous ceiling fans, gorgeous designer lighting fixtures, and an in-unit washer and dryer.

1/5

New 2 days ago

Listed by a leasing agent

$1,612 - $3,910

ApartmentStudio-2 Beds1-2 Baths559-1,307 ft²

401 Oberlin Rd

Raleigh, NC 27605

This gorgeous luxury apartment features an open space living/dining room with breakfast bar, and a contemporary galley kitchen with granite countertops, dark mocha cabinetry, brushed nickel hardware, and stainless steel GE energy efficient appliance package with dishwasher and built-in microwave. Plank wood flooring is present throughout the majority of the space, with carpeting in the bedroom and tiled floors in the bathroom. The unit also features high ceilings, pendant and track lighting, spacious closets with walk-ins, central heating and air-conditioning, an in-unit washer and dryer, and a private balcony.

1/7

New 5 days ago

Managed by TradeMark Residential

$1,050

Condo1 Bed1 Bath500 ft²

1054 Nichols Dr #B

Raleigh, NC 27605

1 Bedroom 1 Bath Condo in Downtown Raleigh. Situated in The Village District, you'll have access to a variety of shops and restaurants right at your doorstep. Enjoy the convenience of having water included in your rent, making your monthly expenses more manageable. Don't miss out on this opportunity to live in the heart of Downtown Raleigh. Contact us today to schedule a tour and experience the charm of this 1-bedroom 1 1-bath condo.

1/9

New 6 days ago

Managed by Rhyne Management Associates

$1,995

Apartment2 Beds1 Bath1,000 ft²

815 W Johnson St

Raleigh, NC 27605

Live in Cameron Park. Updated kitchen with quartz countertops, cabinets, range and dishwasher. Cool small sun porch w/glass louvered windows. Two blocks to Glenwood South hotspots, The Village District, parks and YMCA. This charming 2 bedroom apartment has a private entrance, spacious living areas, 9 ft ceilings and hardwoods. Shared storage available in basement. This is a Triplex. Residents are responsible for all utilities (electric, gas, water, internet). There is laundry room area on site. Security deposit $1995. No Pets. Sam Stewart. Site Manager.

1/5

Listed by a leasing agent

$1,572 - $2,523

ApartmentStudio-2 Beds1-3 Baths599-1,440 ft²

305 Oberlin Rd

Raleigh, NC 27605

This apartment has wall to wall carpeting in the bedroom(s) and wood style flooring throughout the living room, dining area, the kitchen and the bathroom(s). The apartment also features high ceilings, central A/C and heat, window blinds, in unit laundry, ample closet space, dishwasher, stainless steel appliances and a fireplace. Enjoy all the community amenities including a 24 hour fitness center, tennis court, basketball court, two resort style pools, summer kitchen with grilling stations, playground and a dog park. Pets are welcome. Off street parking is available. It is a seven minute drive to Interstate 40.

1/9

New 8 hours ago

Managed by Net Property Management

$1,500

Apartment1 Bed1 Bath566 ft²

835 Daniels St #2C

Raleigh, NC 27605

Prime Location Near Downtown Raleigh. Enjoy the convenience of being just a short walk to Downtown Raleigh, the Village District, NC State University, popular restaurants, coffee shops, and local boutiques. This charming 1-bedroom, 1-bath unit features a comfortable family room and a functional kitchen. Water and trash services are included in the rent, and a washer and dryer are conveniently located in the unit. Net Property Management Applications are only accepted applications. Non-Refundable Pet fee - $250 per pet. Refundable pet deposit - $250 per pet. Application fee $60 per adult applicant 18+. Amenities: Range/Oven. Heating: wall heater.

1/5

New 2 days ago

Listed by a leasing agent

$1,527 - $2,900

Apartment1-3 Beds1-2 Baths600-1,317 ft²

616 Oberlin Rd

Raleigh, NC 27605

This apartment has hardwood flooring in the living area, the kitchen, and the bathroom(s) and carpet in the bedroom(s). The kitchen has stainless steel appliances, granite counter-tops, subway tile back-splash, designer pendant lighting, custom cabinetry, and a dishwasher. There is central A/C and heat and in-unit laundry. Unit amenities include ceiling fan, walk-in closet, and lighting fixtures. Select units have private patio/balcony, tall ceilings, and over-sized windows.

1/5

New 9 hours ago

Managed by Hiller Properties

$1,050

Apartment1 Bed1 Bath700 ft²

810 Glenwood Ave

Raleigh, NC 27605

This charming 1-bedroom, 1-bath upstairs apartment is located in the heart of Glenwood South, offering a convenient location close to downtown Raleigh's restaurants, shopping, entertainment, and nightlife. The apartment features a private entrance, beautiful hardwood floors, and a comfortable layout. Washer and dryer hookups are available for added convenience, and the owner pays for water. This home is offered on a one-year lease. Applicants must earn at least three times the monthly rent with proof of income, and combined household income may be used to qualify.

1/5

New 2 days ago

Listed by a leasing agent

$1,164 - $2,282

ApartmentStudio-2 Beds1-2 Baths720-1,600 ft²

1009 Wade Ave

Raleigh, NC 27605

Gorgeous modern apartment currently available in the Oberlin area of Raleigh. The apartment features an open space living/dining room with breakfast bar, an un-walled loft style bedroom, and a galley kitchen with prep island, pantry, maple cabinets, built-in microwave, and dishwasher.

1/5

New 2 days ago

Listed by a leasing agent

$1,089 - $1,819

ApartmentStudio-2 Beds1-2 Baths420-1,102 ft²

740 Smallwood Dr

Raleigh, NC 27605

This apartment features a living room, a dining area, and a galley kitchen. There is carpeting throughout much of the space, with wood floors in the kitchen and tiling in the bathroom. The unit also features great windows with preinstalled mini-blinds, high ceilings, great closet space, and front and back entrances. Community amenities include on-site management and maintenance teams, a laundry facility, and a beautiful courtyard with wonderful landscaping. Pets are welcome. Lot parking is available on a first come, first serve basis. Water, trash, and sewer costs are included with rent payment. Actual Unit May Vary.

1/5

New 2 days ago

Listed by a leasing agent

$1,819 - $2,459

ApartmentStudio-1 Bed1 Bath517-921 ft²

1906 Clark Ave

Raleigh, NC 27605

This apartment is located in a rental community in Raleigh and features studio, one, and two-bedroom floor plans. Apartment homes offer marbled white quartz countertops, white upper and gray lower cabinetry, and stainless steel Whirlpool appliances, including a refrigerator with a bottom freezer, a glass cooktop, and a built-in microwave. Units include washed oak plank-style flooring throughout, kitchen islands with room for seating, USB outlets, front-load and full-sized washer and dryer, keyless apartment entry, walk-in closets, and 2-inch wood blinds. Select homes also offer stand-up showers with glass doors.

1/10

Managed by 800 St Marys

Please inquire

Apartment2 Beds2 Baths

800 St Marys

800 Saint Marys St, Raleigh, NC 27605

Ideally nestled in the heart of Raleigh, Nc, you'll find that 800 St Marys will make you feel like a true Raleighlite the moment you move in. Step into our boutique lobby and immediately you are met by our Concierge team, ready to assist you in the busy week's planning. Our Resident Clubhouse and Terrace offer amenities which take away worries from a long day; grab your favorite bottle of wine from our wine lockers and head to our Cafe.

Viewing 1-20 of 20 rentals in 27605

What to Know About

Living in 27605

Raleigh, known as the "City of Oaks" because of the many oak trees that line the streets, is a city that offers a unique cultural experience nestled in a thriving business community. It's located in the heart of North Carolina's Research Triangle, home to many world-class universities and research institutions, making it an excellent place for education and innovation. It also offers multiple cultural attractions, such as the North Carolina Museum of Natural Sciences, North Carolina Museum of Art, Duke Energy Center for the Performing Arts, Carolina Ballet, Raleigh Little Theatre, and Marbles Kids Museum.

Raleigh is known for its passionate sports fans who cheer for the Carolina Hurricanes (NHL) and NC State Wolfpack. It's also the home of the North Carolina State Fair and many beautiful parks, including the William B. Umstead State Park and Pullen Park. In addition to these fantastic qualities, Raleigh is known for its proximity to the beautiful North Carolina coast and the Appalachian Mountains, along with its excellent restaurants and craft breweries.

Raleigh is a dynamic and exciting city that offers its residents a high quality of life and many opportunities, making it a great place to live.

Rental Market Trends

Raleigh, NC

View full report

As of October 2026, Raleigh's rental market is balanced, with rentals spending about 39 days on the market, slower than in North Carolina (35), and rents up 4.3% over the past year. Raleigh's average rent is 1.9% ($33) higher than the North Carolina average of $1,745 and 14.6% ($304) lower than the U.S. average of $2,082.

Average Rent

$1,778

Monthly ChangeMonth Over Month Change

0.03% ($1)

Yearly ChangeYear Over Year Change

4.3% ($73)

Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,554	0.45% ($7)	3.9% ($59)
2 Beds	$1,888	0.58% ($11)	6.7% ($119)
3 Beds	$2,086	0.06% ($1)	1.2% ($26)

Nearby Cities	Average Rent	Avg. Rent vs. RaleighAverage Rent vs. Raleigh	Days on Market
Cary	$1,838	3.4% ($60)	32 days
Knightdale	$1,650	7.2% ($128)	34 days
Morrisville	$1,749	1.6% ($29)	35 days
Garner	$1,624	8.7% ($154)	33 days
Rolesville	$2,176	22.4% ($398)	35 days

Based on rentals advertised on RentalSource in and around Raleigh.

Frequently Asked Questions

Raleigh Rental Market FAQs

Explore rental prices, market conditions, and affordability in Raleigh, NC.

What is the average rent in Raleigh, NC?

The average rent in Raleigh, NC is $1,778 per month.

What is the average rent for different bedroom sizes in Raleigh, NC?

In Raleigh, the average rent is $1,554 per month for a 1-bedroom home, $1,888 for a 2-bedroom home and $2,086 for a 3-bedroom home.

How do rent prices in Raleigh, NC compare with the national average?

The average rent in Raleigh is 14.6% ($304) lower than the national average of $2,082 per month.

How competitive is the rental market in Raleigh, NC?

The rental market in Raleigh, NC is currently balanced, with rentals spending about 39 days on the market, slower than in North Carolina (35), and rents up 4.3% over the past year.

Can I afford to rent a home in Raleigh, NC?

Based on the current averages, a household would need an annual income of $75,500 to comfortably afford a 2-bedroom home in Raleigh.

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