What's a good cap rate in Raleigh?

In Raleigh, cap rates typically run around 5.8% (Raleigh metro median). A deal above that line is outperforming the local market; below it, you're paying up for appreciation or stability. TrueCap shows where any specific Raleigh deal lands versus this benchmark.

What's the average rent for a rental in Raleigh?

A typical rental in Raleigh runs about $1,750–$2,196/mo (HUD Fair Market Rent, 2–3BR). TrueCap auto-fills HUD Fair Market Rent for the exact address you enter.

What is the property tax rate in North Carolina?

North Carolina's effective property tax rate is about 0.82% of value per year — the figure TrueCap applies by default for Raleigh deals. You can override it with the exact local rate.

Raleigh, NC

Raleigh rental property analysis

Raleigh rides the Research Triangle's tech and university engine — fast job growth and educated renters, with appreciation that outpaces day-one cash flow.

Raleigh market snapshot

Balanced market

Mid-range cap rates — cash flow and appreciation are both realistically on the table.

Typical cap rate

5.8%

Raleigh metro median

Typical rent

$1,750–$2,196/mo

HUD FMR · 2–3BR · 2026

Typical price

$320,000–$430,000

est., all-in

Property tax

0.82%

North Carolina effective

Rent is HUD Fair Market Rent where available, otherwise a market estimate; price is a market estimate. Cap-rate and tax are the defaults TrueCap applies — enter a specific address for exact, auto-filled numbers.

Sources & methodology. These are screening defaults and market estimates — not an appraisal, and not financial, tax, or legal advice. Verify rents, taxes, insurance, and local landlord/tenant law against the county assessor and your state's landlord-tenant statute before relying on them.

Data: HUD Fair Market Rent · FRED 30-yr mortgage rate · Tax Foundation (property tax) · Updated June 2026

Metro-level estimates — precision is lower at the neighborhood and parcel level; pull a specific address for exact, auto-filled figures. Reviewed by the TrueCap team. See our full methodology.

Is Raleigh a good place to buy rentals?

A growth play: vacancy is low and rents keep rising, but entry prices mean modest cash flow up front. Strong for buy-and-hold with a 5+ year horizon.

See the full North Carolinainvesting guide — taxes, landlord law & top metros →

Neighborhoods to look at in Raleigh

Southeast Raleigh

Lower entry, gentrifying, real upside.

Garner

Affordable suburb, family renters, stable demand.

Durham edges

Triangle demand at better acquisition prices.

Neighborhood notes are starting points, not recommendations — always underwrite the specific property.

Run a Raleigh deal in 60 seconds

Paste a Raleigh address into TrueCap and get cap rate, cash-on-cash, DSCR, cash flow, and a 10-year projection — auto-filled with North Carolina tax and HUD rent so you start from the right assumptions.

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