Housing & Real Estate — Raleigh, North Carolina

Overview

Total Housing Units218,200
Occupied196,924
Vacant21,276
Owner-Occupied100,895
Renter-Occupied96,029
Median Home Value (Census)$415,800
Estimated 2026~$445,000
Median Rent$1,468/mo
Median Property Tax$3,048/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income20.6%
Severely Rent-Burdened41.1%

Housing Age

Built 2010 or later47,855
Built 2000-200953,590
Built 1990-199936,823
Built before 196016,719
Median Year Built1995
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.