Property Prices in Raleigh, NC, United States

Index Info
Price to Income Ratio: 3.48
Mortgage as Percentage of Income: 30.31%
Loan Affordability Index: 3.30
Price to Rent Ratio - City Centre: 10.37
Price to Rent Ratio - Outside of Centre: 8.39
Gross Rental Yield (City Centre): 9.65%
Gross Rental Yield (Outside of Centre): 11.92%
Rent Per Month
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1 Bedroom Apartment in City Centre $1,698.00 1,300.00-2,000.00
1 Bedroom Apartment Outside of City Centre $1,256.89 1,092.00-1,500.00
3 Bedroom Apartment in City Centre $3,128.89 2,500.00-4,000.00
3 Bedroom Apartment Outside of City Centre $2,012.00 1,601.00-2,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre $360.61 243.13-435.71
Price per Square Feet to Buy Apartment Outside of Centre $203.16 195.09-221.01
Salaries And Financing
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Average Monthly Net Salary (After Tax) $4,354.98
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.15 6.00-7.25

These data are based on 130 entries from 23 contributors over the past 18 months.
Last update: 5 June 2026

Sources and References
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