Cheapest Neighborhoods in Raleigh

All 30 neighborhoods in Raleigh ranked by cost of living index. Updated 2026.

Cheapest Rent
$986/mo
City Avg Rent
$1,450/mo
Neighborhoods
30

Cheapest Neighborhoods in Raleigh — Full Rankings

# Neighborhood 1BR Rent Index vs Avg
1 Zebulon $986/mo 0.68x -32%
2 Clayton $1,015/mo 0.70x -30%
3 Garner $1,044/mo 0.72x -28%
4 Wendell $1,044/mo 0.72x -28%
5 Knightdale $1,088/mo 0.75x -25%
6 Fuquay-Varina $1,131/mo 0.78x -22%
7 Hillsborough $1,160/mo 0.80x -20%
8 Wake Forest $1,189/mo 0.82x -18%
9 Holly Springs $1,232/mo 0.85x -15%
10 Falls of Neuse $1,276/mo 0.88x -12%
11 North Raleigh $1,305/mo 0.90x -10%
12 Apex $1,334/mo 0.92x -8%
13 West Raleigh $1,334/mo 0.92x -8%
14 Durham $1,378/mo 0.95x -5%
15 Wakefield $1,378/mo 0.95x -5%
16 Morrisville $1,421/mo 0.98x -2%
17 RTP Area $1,450/mo 1.00x Avg
18 Brier Creek $1,479/mo 1.02x +2%
19 Cary $1,522/mo 1.05x +5%
20 Carrboro $1,595/mo 1.10x +10%
21 Boylan Heights $1,595/mo 1.10x +10%
22 Five Points $1,624/mo 1.12x +12%
23 Midtown $1,624/mo 1.12x +12%
24 Cameron Village $1,667/mo 1.15x +15%
25 Oakwood $1,667/mo 1.15x +15%
26 North Hills $1,711/mo 1.18x +18%
27 ITB (Inside the Beltline) $1,711/mo 1.18x +18%
28 Downtown Raleigh $1,740/mo 1.20x +20%
29 Glenwood South $1,769/mo 1.22x +22%
30 Chapel Hill $1,812/mo 1.25x +25%

Rent estimates based on city average of $1,450/mo adjusted by neighborhood cost index. Index 1.00 = city average.

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Frequently Asked Questions

What is the cheapest neighborhood in Raleigh?

The cheapest neighborhood in Raleigh is Zebulon, with an estimated 1-bedroom rent of $986/month — 32% below the city average.

What is the average rent in Raleigh?

The average 1-bedroom rent in Raleigh is approximately $1,450/month. Rents range from $986/mo (Zebulon) to $1,812/mo (Chapel Hill).

How many neighborhoods does Raleigh have?

Our database covers 30 neighborhoods in Raleigh, each with detailed cost-of-living and salary data.

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