Rental market snapshot for Raleigh, Memphis

Raleigh rental market summary

The rental market in Raleigh, Tennessee is showing signs of stability. In July 2023, there were 341 new listings, indicating that the rental market is still active. The median rent in July 2023 was $1,495, which is only a 1.0% increase from the previous month and a 0.7% increase from the same time last year. This suggests that the rental market in Raleigh is not experiencing any significant changes in terms of rent prices.

Overall, the rental market in Raleigh appears to be healthy and stable. The number of new listings is increasing, and rent prices are not fluctuating significantly. This is good news for renters, as it means that they can expect to find a variety of rental options at reasonable prices.

Median rent for all residential properties in Raleigh

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The most expensive listings and top trending buildings in Raleigh

Most Expensive Listings

AddressRent PriceBed / Bath
3918 Frayser Raleigh Rd$7,9897 / 2.0
2250 Mangum Rd$4,2503 / 2.0
4185 Yale Rd$2,0953 / 2.5
2177 Henrietta Rd$2,0703 / 2.0
2099 Woodfield Park Rd$2,0403 / 2.0

Top Trending Buildings

building nameavg rent price
RPM Living$1,106
Focus Property Management$850
CLK Multifamily Management LLC$809
Multi South Management Services$770

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Bedroom Breakdown in Raleigh

1 Bedroom
$850
MEDIAN RENT
2 Bedroom
$975
MEDIAN RENT

Raleigh neighborhood apartments rents

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

The rental market for 1-bedroom apartments in Raleigh, Tennessee is relatively stable. In July 2023, there were 6 new 1-bedroom listings, and the median rent remained the same as it was in June 2023 at $850. This indicates that the rental market is not experiencing any significant changes in terms of pricing or availability.

The rental market for 2-bedroom apartments in Raleigh, Tennessee is showing a slight decrease in rent from June to July of 2023. In July, there were 10 new 2-bedroom listings, with a median rent of $975. This is a 1.0% decrease from the median rent of $985 in June. This suggests that the rental market for 2-bedroom apartments in Raleigh is stable, with a slight decrease in rent from month to month.

Explore other Memphis Neighborhoods

Midtown
Downtown
Berclair-Highland Heights
White Haven-Coro Lake
Cordova-Appling
Shelby Forest-Frayser

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 Raleigh is $1,495.
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