MarketsRaleigh
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Raleigh skyline

Raleigh NC

Covers Raleigh and Cary.
Current market read
Landlord’s market
ConditionFirm
RentersLandlords
The yearly data reads a landlord's market, and the recent monthly signals are holding steady.
From public data. The situation now, not a forecast.
Renter Google searchabout 4,400 searches in July 2026 · HousesSee read →
Renter Google Search InterestGoogle · monthly

About 4,400 searches in July 2026, for Raleigh on its own

What renters Google mostHousesSee all →

Attention, not a verdict. Google searches for apartments to rent.

Momentum · which way it's movingRENT + JOBS · UPDATED MONTHLY
Mixed
Pulling both ways, asking rents are slipping and jobs are growing, as of Aug 2026.
Job growthBLS · MONTHLY
+2.2%
Hiring, past 12 months
VacancyCENSUS · 2024
4.9%2024 COUNT
Share of rentals sitting empty. Yearly Census backdrop, not what sets the condition.
Asking rentZILLOW · MONTHLY
-0.4%
Year over year
Census 2024: +4.3% · US avg +5.2%
Median rentCENSUS · 2024
$1,674/mo
Typical rent, 2024 yearly count
Demand vs supplyCENSUS + BLS
Strong demand
DEMAND
SUPPLY
DEMAND
Jobs+2.2%
Migration 2025+12.52/1k
SUPPLY
Permits 2025-0.6%
Vacancy 20244.9%
Rent vs buyFREDDIE MAC · WEEKLY
+$1,757/mo
Cheaper to rent than buying
rent $1,674 · own $3,431
$1,674
RENT
$3,431
OWN
Net migrationCENSUS · 2025
+12.52/1k
Net inflow of residents
OUTFLOWINFLOW
Census · BLS · FRED · Zillow · news
For information only. Not investment advice. AI-written summaries can make mistakes.