Maeve
320 W South St,
Raleigh, NC 27601
$1,695 - $7,515 | Studio - 3 Beds
Downtown Raleigh sits a few miles east of North Carolina State University and is home to Saint Augustine’s University. There are several major attractions in the city, such as the Red Hat Amphitheater, Duke Energy Center for the Performing Arts, Raleigh Convention Center, and the North Carolina State Capitol. The Warehouse District offers indie art spaces, while the North Carolina Museum of Natural Sciences features family-friendly animal exhibits.
Downtown is a thriving commercial hub filled with tourist attractions, top-notch restaurants, and historic sites and museums. Residents and visitors alike flock to the Pit on West Davie Street for authentic barbeque and to Beasley’s Chicken + Honey for fried chicken and waffles and other Southern classics. For even more dining options, check out the establishments on Glenwood Avenue. The Raleigh Union Amtrak Station makes commuting around the city simple, and Interstates 440 and 40 help get residents to nearby cities like Durham, Cary, and Chapel Hill.
As of March 2025, the average apartment rent in Downtown Raleigh is $1,295 for a studio, $1,476 for one bedroom, $1,689 for two bedrooms, and $1,958 for three bedrooms. Apartment rent in Downtown Raleigh has decreased by -1.3% in the past year.
Studio
527 sq ft
Average Sq Ft
$1,295/month
Average Rent
1 BR
737 sq ft
Average Sq Ft
$1,476/month
Average Rent
2 BR
1,027 sq ft
Average Sq Ft
$1,689/month
Average Rent
3 BR
1,244 sq ft
Average Sq Ft
$1,958/month
Average Rent
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.