Raleigh – Durham is the 30th largest multifamily market with 174,857 completed units and 114,818 units in development, 19,986 of which have already broken ground, as of September 2022.
Raleigh-Durham Multifamily Market Summary – September 2022
New lease asking rents are at $1,630, up 10.8%▲
from the previous year placing Raleigh – Durham
at 35th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – August 2022
New lease asking rents are at $1,635, up 13.5%▲
from the previous year placing Raleigh – Durham
at 19th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – July 2022
New lease asking rents are at $1,656, up 17.3%▲
from the previous year placing Raleigh – Durham
at 9th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – June 2022
New lease asking rents are at $1,632, up 18.8%▲
from the previous year placing Raleigh – Durham
at 9th overall in year-over-year rent growth
Raleigh-Durham Multifamily Market Summary – May 2022
New lease asking rents are at $1,583, up 17.8%▲
from the previous year placing Raleigh – Durham
at 16th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – April 2022
New lease asking rents are at $1,551, up 17.8%▲
from the previous year placing Raleigh – Durham
at 21st overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – March 2022
New lease asking rents are at $1,524, up 18.3%▲
from the previous year placing Raleigh – Durham
at 19th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – February 2022
New lease asking rents are at $1,517, up 20%▲
from the previous year placing Raleigh – Durham
at 15th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – January 2022
New lease asking rents are at $1,512, up 20.1%▲
from the previous year placing Raleigh – Durham
at 12th overall in year-over-year rent growth.
Raleigh-Durham Multifamily Market Summary – December 2021
New lease asking rents are at $1,493, up 19.1%▲
from the previous year placing Raleigh – Durham
at 11th overall in year-over-year rent growth.
