Markets › Raleigh
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Raleigh NC
Current market read
Balanced market
ConditionBalanced
Balanced on the yearly data, and steady on the recent monthly signals.
From public data. The situation now, not a forecast.
Renter Google Search InterestGOOGLE · MONTHLY
Rank
No change this month30of 43 metros
Attention, not a verdict. Google searches for apartments to rent.
Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Steady
Pulling both ways, asking rents are slipping and jobs are growing, as of Jun 2026.
VacancyCENSUS · 2024
Share of rentals sitting empty
Asking rentZILLOW ZORI · MONTHLY
-1.1%
▼ Year over year
Older annual rent growth, Census
RALEIGH
+4.3%
US AVG
+4.7%
Median rentCENSUS · 2024
$1,674/mo
Typical rent, 2024 yearly count
In the news · RaleighNEWS · DAILY
Raleigh Developer to Start Work on 269-Unit Rental CommunityRaleigh Multifamily Market Report – June 2026Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
Jobs+2.6%
Migration+11.21/1k
SUPPLY
Permits-0.6%
Vacancy5%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,644/mo
Cheaper to rent than buying
$1,674RENT
$3,318OWN
Net migrationCENSUS · 2024
+11.21/1k
▲ Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.