Is Raleigh, NC a good place to invest in rental property?

Raleigh, NC has a median modeled monthly cash flow of $-1,351 and a median cap rate of 2.7%, on a median sold price of $522,851. Prices changed +0.0% year over year.

What is the average cap rate in Raleigh, NC?

The median cap rate across recently sold homes in Raleigh, NC is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Raleigh, NC?

The median sold price in Raleigh, NC is $522,851 (about $251 per square foot).

Investing in Raleigh, NC Real Estate

A data-driven snapshot of the Raleigh, NC rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$522,851Median sold price

$251Median $/sqft

2.7%Median cap rate

$-1,351Modeled cash flow / mo

+0.0%Appreciation YoY

31.1Months of supply

3,539Active listings

1,366Sold (last 12 mo)

What the Raleigh numbers say

In Raleigh, NC, the median home sold for $522,851 (about $251 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,351 of monthly cash flow. Sold prices moved +0.0% over the past year. Inventory sits at about 31.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other North Carolina markets to compare

See Raleigh cash-flowing listings

CashFlowRE ranks every for-sale home in Raleigh, NC by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Raleigh deals, or browse the national market data.