Rentometer, Inc. | Data as of 12/04/2025
Wake County, anchored by the vibrant city of Raleigh, offers a dynamic rental landscape that balances urban excitement with suburban tranquility. Prospective renters can choose from a broad array of options, from modern downtown apartments nestled near the State Capitol and the bustling Warehouse District, to spacious single‑family homes in family‑friendly neighborhoods like Cary, Apex, and Wake Forest. The area’s proximity to Research Triangle Park, top‑rated universities, and an extensive network of parks and greenways makes it especially appealing to professionals, students, and growing families alike.
The rental market reflects this diversity. Studio apartments typically sit in the $1400s, while one‑ and two‑bedroom units often range from the $1400‑$1500 and $1700‑$1900 brackets, respectively. Larger three‑ and four‑plus bedroom apartments commonly approach the $2000 range. For those seeking a house, one‑bedroom homes are frequently priced near $1000, two‑bedrooms fall within the $1600‑$1800 range, and spacious three‑bedroom properties hover around $2000. Premium four‑plus bedroom homes can exceed $2500, offering ample space for larger households.
Beyond price points, Wake County’s rental community benefits from excellent transit options, a thriving culinary scene, and cultural attractions such as the North Carolina Museum of Art and historic Oakwood. Whether you’re drawn to the energetic pulse of downtown Raleigh or the quieter charm of its surrounding suburbs, the county’s balanced mix of apartments and houses ensures a suitable home for every lifestyle, making it a top choice in the North Carolina rental market.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $1,733 | $1,465 | $1,050 - $3,070 | $1,201 - $2,150 |
| Apartment | 1 Bedroom | $1,393 | $1,351 | $600 - $2,165 | $1,200 - $1,571 |
| Apartment | 2 Bedroom | $1,810 | $1,695 | $710 - $4,625 | $1,420 - $2,045 |
| Apartment | 3 Bedroom | $2,131 | $2,000 | $1,477 - $4,905 | $1,785 - $2,251 |
| Apartment | 4+ Bedroom | $2,632 | $1,948 | $1,450 - $4,500 | $1,450 - $4,500 |
| House | 1 Bedroom | $705 | $700 | $625 - $790 | $625 - $790 |
| House | 2 Bedroom | $1,517 | $1,595 | $650 - $2,200 | $1,200 - $1,775 |
| House | 3 Bedroom | $2,171 | $2,000 | $950 - $5,026 | $1,850 - $2,300 |
| House | 4+ Bedroom | $2,725 | $2,495 | $1,800 - $7,200 | $2,250 - $2,850 |
In the current period, the average rent in Wake was $1,734 for Studio, $1,373 for 1 Bedroom, $1,739 for 2 Bedroom, $2,162 for 3 Bedroom, and $2,590 for 4+ Bedroom.
Data provided by Rentometer, Inc.