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City

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City

State

City

ZIP codes

Raleigh, NC · 27661

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $106K, +3.9% YoY (county); renters hold 35.9% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

460,175

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 496,047

496Kunits

Occupied460,17592.8%

Vacant35,8727.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 460,175

460Koccupied

Owner295,06964.1%

Renter165,10635.9%

Renter Share

35.9%+0.9% YoY

Total Housing Units

496,047+2.9% YoY

FY2026 Fair Market Rent

CountyWake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,524

/month

1 BR

$1,596

/month

2 BR

$1,750

/month

3 BR

$2,196

/month

4 BR

$2,936

/month

FMR trends · Wake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 2.4% to 1,178,653: residents under 18 are up 0.7% and those 65 and over are up 5.5%.

Median Age

37.32024

Population

Wake County Population

1,232,444+2.4% YoY

Households

Total Households

460,175+3.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.51-1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,178,653

1.2Mresidents

Under 18271,17923.0%

Adults 18–64755,55464.1%

65 & Over151,92012.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

271,179+0.7% YoY

Population 65 & Over

151,920+5.5% YoY

Median Age

37.30+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.0%

Other1.0%

Veterans

5.6%-1.8% YoY

County Economy

County median household income is $106K, 8.1% of residents are below the poverty level, 29.1% work from home.

Income

Median Household Income

$106K+3.9% YoY

Per-Capita Income

$55K+4.7% YoY

Mean Household Income

$140K+4.1% YoY

Poverty

Below Poverty Level

8.1%+2.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone61.4%

Public transit0.7%

Worked from home29.1%

Other8.8%

Worked From Home

29.1%+11.9% YoY

Mean Commute

25.10-0.8% YoY

Done with 27661? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Raleigh, NC · 27661

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $106K, +3.9% YoY (county); renters hold 35.9% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

460,175

Median Days on Market

Active Listings

New Listings

Neighborhood Map

Loading the map

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 496,047

496Kunits

Occupied460,17592.8%

Vacant35,8727.2%

2024 Tenure ⓘ

U.S. Census ACS · n = 460,175

460Koccupied

Owner295,06964.1%

Renter165,10635.9%

Renter Share

35.9%+0.9% YoY

Total Housing Units

496,047+2.9% YoY

FY2026 Fair Market Rent

CountyWake County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,524

/month

1 BR

$1,596

/month

2 BR

$1,750

/month

3 BR

$2,196

/month

4 BR

$2,936

/month

FMR trends · Wake County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 2.4% to 1,178,653: residents under 18 are up 0.7% and those 65 and over are up 5.5%.

Median Age

37.32024

Population

Wake County Population

1,232,444+2.4% YoY

Households

Total Households

460,175+3.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.51-1.2% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 1,178,653

1.2Mresidents

Under 18271,17923.0%

Adults 18–64755,55464.1%

65 & Over151,92012.9%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

271,179+0.7% YoY

Population 65 & Over

151,920+5.5% YoY

Median Age

37.30+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.0%

Other1.0%

Veterans

5.6%-1.8% YoY

County Economy

County median household income is $106K, 8.1% of residents are below the poverty level, 29.1% work from home.

Income

Median Household Income

$106K+3.9% YoY

Per-Capita Income

$55K+4.7% YoY

Mean Household Income

$140K+4.1% YoY

Poverty

Below Poverty Level

8.1%+2.5% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone61.4%

Public transit0.7%

Worked from home29.1%

Other8.8%

Worked From Home

29.1%+11.9% YoY

Mean Commute

25.10-0.8% YoY

Done with 27661? Put it next to another market.