Affordable & Income-Based Housing in Raleigh

Affordability

Raleigh's median monthly rent is $1,572 and median household income is $85,395, with 49% of residents renting their homes, according to Census ACS 5-Year data (2024). These figures provide context for the value of the 1,358 HUD-assisted and income-restricted units available across the city's 23 affordable properties tracked on Lease Lantern.

Safety

According to FBI Crime Data Explorer, the Raleigh Police Department reported a violent crime rate of 492 per 100,000 residents in 2024. Note that crime rates are not directly comparable across cities due to differences in reporting methods and local definitions.

Getting Around Raleigh

The scores below reflect walkability and transit access in the areas around Raleigh's assisted properties, according to Walk Score.

• Walk Score: 33 / 100 - Car-Dependent
• Transit Score: 43 / 100 - Some Transit
• Bike Score: 61 / 100

Most errands will require a car, but some bus service is available and biking conditions are reasonably supportive for those who prefer two wheels.

Schools

According to the NCES Common Core of Data, 102 schools across 14 districts serve Raleigh, including 63 elementary, 18 middle, 19 high schools, and 2 other schools. Ratings and quality vary by school and district, so renters should check the assigned schools for their specific address.

Cost of Renting in Raleigh, NC

The median household income in Raleigh is $85,395 per year, according to the Census ACS 5-Year estimate (as of 2024). The citywide median rent is $1,572 per month for all rental units, according to the same source.

The 23 HUD-assisted and income-restricted properties listed on Lease Lantern offer 1,358 total units with rents tied to income limits rather than market rates, which can mean significant savings compared to the median market rent above.

• Citywide median rent: $1,572/month (Census ACS 5-Year, 2024)
• Median household income: $85,395/year (Census ACS 5-Year, 2024)
• Share of households who rent: 49% (Census ACS 5-Year, 2024)
• Income-restricted units available: 1,358 across 23 properties

Flood and Environmental Exposure

All 23 assisted properties in Raleigh were mapped for flood risk. None are located in a high-risk flood zone, according to HUD-assisted property flood data.