Rental market snapshot for East Raleigh, Raleigh
East Raleigh rental market summary
The rental market in East Raleigh, North Carolina is showing signs of growth. In July 2023, there were 72 new listings, a significant increase from the previous month. The median rent also increased from $1,725 in June 2023 to $1,525 in July 2023, a 11.6% increase. This is a positive sign for the rental market in East Raleigh, as it indicates that demand for rental properties is increasing.
The rental market in East Raleigh has also seen an overall increase in rent prices since July 2022. The median rent in July 2023 was $1,525, a 4.8% increase from the median rent of $1,455 in July 2022. This indicates that the rental market in East Raleigh is continuing to grow and that rental prices are increasing. This is good news for landlords and investors in the area, as it suggests that rental properties in East Raleigh are becoming more desirable.
Median rent for all residential properties in East Raleigh
Get the latest rental data first
The most expensive listings and top trending buildings in East Raleigh
Most Expensive Listings
| Address | Rent Price | Bed / Bath |
|---|---|---|
| 2221 Millbank Village Ct | $3,000 | 3 / 2.5 |
| 708 Hampstead Pl | $2,775 | 2 / 1.0 |
| 409 Dickens Dr | $2,600 | 3 / 2.0 |
| 429 Dickens Dr | $2,270 | 3 / 3.0 |
| 2435 Remington Rd | $1,850 | 3 / 1.0 |
Top Trending Buildings
| building name | avg rent price |
|---|---|
| TradeMark Residential Properties | $1,295 |
| GSC The Apartment People | $1,185 |
| General Services Corporation | $1,144 |
Get the latest rental data first
Bedroom Breakdown in East Raleigh
East Raleigh neighborhood apartments rents
The rental market for studios in East Raleigh, North Carolina appears to be stable, with only two new listings in August 2022. The median rent for studios in August 2022 is $700, indicating that the rental market is not experiencing any significant changes. Unfortunately, no data is available for July 2022, so it is not possible to determine the percent change in rent from July to August. Overall, the rental market for studios in East Raleigh appears to be stable and consistent.
The rental market for 1-bedroom apartments in East Raleigh, North Carolina is relatively stable. In July 2023, there were 6 new 1-bedroom listings, and the median rent for 1-bedroom apartments was $1,162, only a .2% increase from the median rent in June 2023. This indicates that the rental market for 1-bedroom apartments in East Raleigh is not experiencing any significant changes in terms of rent prices.
The rental market for 2-bedroom apartments in East Raleigh, North Carolina is showing signs of stability. In July 2023, there were 3 new 2-bedroom listings, and the median rent for 2-bedroom apartments remained relatively unchanged from June 2023, decreasing by only 1.2%. This suggests that the rental market in East Raleigh is not experiencing any major fluctuations, and that the prices of 2-bedroom apartments are staying relatively consistent.