Raleigh, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Raleigh short-term rental market based on reliable data.

Listings

3480 / 7755

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$31,506

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$437,035

Median Home Sale Price

Top Earners

$58,121

Top-Earners Revenue

Raleigh

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Raleigh.

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B

Generally Investor friendly

Raleigh Regulations

Raleigh explicitly permits STRs in many zoning districts with a straightforward zoning permit and moderate fees; the process is clear and predictable with a 4–6 week timeline and online portal. The 25% cap on multi-unit buildings, no-kitchen-in-bedroom rule, 30‑day max stay, and advertising restrictions create operational constraints but remain manageable for most investors.

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About Raleigh

Raleigh, the capital of North Carolina, sits in the heart of Wake County in the Piedmont region of the state, with a population of approximately 470,000 residents. Known as the "City of Oaks" for its canopy of stately oak trees lining downtown streets, Raleigh blends the amenities of a modern capital city with the energy of a college town. It anchors the famous Research Triangle alongside Durham and Chapel Hill, a hub for technology, biotech, and three major research universities, including NC State. The city also serves as a convenient gateway to North Carolina's diverse landscapes, with the sandy Atlantic beaches about two and a half hours to the east and the Blue Ridge Mountains three to four hours to the west. The nearest larger city is Charlotte, roughly two and a half hours to the southwest.

The North Carolina Museum of Natural Sciences anchors the downtown experience, offering free admission to its sprawling exhibits of dinosaur skeletons, wildlife dioramas, and a hands-on research wing where visitors can watch scientists at work. Located in the heart of the city, it draws families, school groups, and curious travelers year-round.

Just a short drive northwest of downtown, William B. Umstead State Park offers more than 5,000 acres of pine and hardwood forest threaded with hiking trails, mountain biking paths, and a small lake for canoeing and fishing. It provides a quick escape into nature without ever leaving the urban perimeter, making it popular with locals and visitors alike.

History and politics converge at the North Carolina State Capitol, a granite Greek Revival building completed in 1840 that still functions as a working monument to state government. Visitors can tour the restored legislative chambers and view the historic grounds where the state's secession convention met in 1861, all within walking distance of the modern government district and the lively Fayetteville Street corridor.

Art lovers gravitate to the North Carolina Museum of Art, located a few miles west of downtown. The museum pairs a permanent collection spanning European masters to contemporary American works with a sprawling outdoor park featuring walking trails and monumental sculpture installations, making it both a cultural and recreational destination in one stop.

Raleigh presents an attractive proposition for short-term-rental investors thanks to its year-round demand drivers: a steady stream of business travelers tied to state government and Research Triangle employers, university events at NC State, sports and concert crowds at the Lenovo Center, and the consistent tourism traffic that comes from being midway between the mountains and the coast. The walkable downtown, a thriving dining scene, and easy access to both natural and cultural attractions give visitors a balanced experience that appeals to families, professionals, and weekend road-trippers alike.

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