Market Summary

Raleigh, Wake County, NC

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Median Home Price Price

$429,511 $429.5K

Median Monthly Rent Rent

$1,829 $1.8K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wake County

Region Price Rent GRM Display
Wake Forest
$511,160 $1,789 24.0x
Knightdale
$365,299 $1,929 16.0x
Garner
$380,396 $1,706 19.0x
Rolesville
$500,735 $1,258 33.0x
Wendell
$365,660 $1,548 20.0x
Willow Spring
$400,772 $1,101 30.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Wake County

Region Price Rent GRM Display
Concord, Cabarrus County, NC
$376,244 $1,459 22.0x
Durham, Durham County, NC
$393,884 $1,811 18.0x
Fletcher, Henderson County, NC
$443,804 $1,635 23.0x
Benson, Johnston County, NC
$306,501 $1,331 19.0x
East Flat Rock, Henderson County, NC
$294,331 $1,208 20.0x
Fuquay Varina, Harnett County, NC
$442,498 $1,904 19.0x
Angier, Harnett County, NC
$329,757 $1,187 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
Acworth, Cobb County, GA
$408,553 $2,146 16.0x
Edgecliff Village, Tarrant County, TX
$299,705 $1,861 13.0x
Grand Island, Lake County, FL
$324,565 $1,875 14.0x
Eustis, Lake County, FL
$335,310 $1,337 21.0x
Lakeland, Polk County, FL
$310,074 $1,716 15.0x
Conway, Horry County, SC
$283,845 $1,228 19.0x
Ione, Amador County, CA
$455,944 $1,567 24.0x
Lecanto, Citrus County, FL
$333,683 $1,777 16.0x
York, York County, SC
$348,675 $1,191 24.0x
Kennesaw, Cobb County, GA
$406,868 $2,246 15.0x
Seffner, Hillsborough County, FL
$351,626 $1,778 17.0x
Bithlo, Orange County, FL
$498,367 $2,014 21.0x
Plant City, Hillsborough County, FL
$338,762 $1,663 17.0x
Irving, Dallas County, TX
$332,988 $1,741 16.0x
Grand Prairie, Dallas County, TX
$310,161 $1,867 14.0x
Gulf Breeze, Santa Rosa County, FL
$469,259 $1,922 20.0x
Dover, Hillsborough County, FL
$420,440 $1,131 31.0x
Pecan Grove, Fort Bend County, TX
$394,593 $1,597 21.0x
Marana, Pima County, AZ
$434,154 $1,721 21.0x
Newnan, Coweta County, GA
$362,540 $1,719 18.0x
Buford, Gwinnett County, GA
$468,169 $2,080 19.0x
Murrells Inlet, Georgetown County, SC
$390,429 $1,912 17.0x
Powder Springs, Cobb County, GA
$361,705 $2,222 14.0x
Villa Rica, Carroll County, GA
$308,042 $1,849 14.0x
Euless, Tarrant County, TX
$347,556 $1,818 16.0x
Moatsville, Barbour County, WV
$143,391 $1,087 11.0x
Arlington, Tarrant County, TX
$306,575 $1,889 14.0x
Rockcreek, Washington County, OR
$610,642 $1,916 27.0x
Suisun City, Solano County, CA
$529,876 $2,562 17.0x
Sorrento, Lake County, FL
$412,098 $1,766 19.0x
Mesa, Maricopa County, AZ
$431,596 $1,925 19.0x
Goodyear, Maricopa County, AZ
$466,065 $2,277 17.0x
Valley Springs, Calaveras County, CA
$476,071 $1,988 20.0x
Sebastian, Indian River County, FL
$342,829 $1,714 17.0x
Dacula, Gwinnett County, GA
$450,504 $2,380 16.0x
Dallas, Dallas County, TX
$303,097 $1,779 14.0x
Saint Lucie, Saint Lucie County, FL
$490,951 $1,901 22.0x
Murphys, Calaveras County, CA
$474,884 $1,995 20.0x
Snellville, Gwinnett County, GA
$354,186 $2,276 13.0x
Corinth, Denton County, TX
$407,297 $1,862 18.0x

Home prices

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Monthly rent

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GRM

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Raleigh

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Trend Insights

Median Rent in Raleigh, NC is $1,829, with MoM change +$8 and YoY change +$17 pointing to positive momentum while volatility is low (std $8).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Raleigh, NC.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Raleigh, NC
Compare market Select a market
Delta vs base
Median rent
$1,829
N/A
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Median price
$429,511
N/A
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YoY change
+$17
N/A
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Price-to-rent
19.6x
Data unavailable
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