Rental market snapshot for Northwest Raleigh, Durham

Northwest Raleigh rental market summary

The rental market in Northwest Raleigh, North Carolina is showing signs of growth. In July 2023, there were 14 new listings, indicating an increase in demand for rental properties in the area. The median rent for the month of July 2023 was $2,300, which is 3.2% higher than the median rent in June 2023 and 2.9% higher than the median rent in July 2022. This suggests that the rental market in Northwest Raleigh is becoming increasingly competitive, as more people are looking to rent in the area.

Overall, the rental market in Northwest Raleigh is showing signs of growth and increasing demand. The median rent has been steadily increasing over the past year, indicating that the area is becoming more desirable for renters. With the addition of 14 new listings in July 2023, it is likely that the rental market in Northwest Raleigh will continue to grow in the coming months.

Median rent for all residential properties in Northwest Raleigh

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The most expensive listings and top trending buildings in Northwest Raleigh

Most Expensive Listings

AddressRent PriceBed / Bath
5615 Severn Grove Dr$2,3694 / 3.0
706 Brier Crossings Loop$2,3003 / 2.5
12323 N Exeter Way$2,1253 / 2.5
12323 N Exeter Way$1,9253 / 2.5

Top Trending Buildings

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Bedroom Breakdown in Northwest Raleigh

Northwest Raleigh neighborhood apartments rents

Uh-oh! Looks like we don't have any data in Northwest Raleigh, North Carolina, for studios.

Uh-oh! Looks like we don't have any data in Northwest Raleigh, North Carolina, for 1-bedroom apartments.

Uh-oh! Looks like we don't have any data in Northwest Raleigh, North Carolina, for 2-bedroom apartments.

Explore other Durham Neighborhoods

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of 2023-07-31, the median rent in Northwest Raleigh is $2,300.
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