Rent Coverage

Zillow study: It takes 4 to afford typical Raleigh 2-bedroom apartment

According to a Zillow study, a typical one-bedroom apartment in Raleigh costs $1,260 a month to rent, and a typical two-bedroom apartment costs $1,392 a month.

$2,000 per month may be new renters' normal

The nation's average for rent in December was roughly $1,980, up 20 percent from 2020.

Housing crunch: Whether buying or renting, rising costs hammer Wake households

Despite a recent dip in home sale prices and in median monthly rental price in Wake County, 26% of all households are now considered cost-burdened.

Residents worried after apartment rent spikes by nearly $300 a month in Rocky Mount

Residents of a Rocky Mount apartment complex are concerned after finding a notice on their doors that their monthly rent will increase by hundreds of dollars at the end of February.

Keenan Willard, WRAL eastern NC reporter

Community groups find more need help as home costs soar

A recent count shows homelessness has surged along with the cost of living in Raleigh.

Rising Raleigh rents mean more are on the streets this holiday season

More than 1,500 people in Raleigh were homeless in the last count.

Ali Ingersoll, WRAL investigative data reporter

Family complained to Raleigh landlord for years about rat-infested home

Renter Tnisha Wilson said the issues at the home at 2422 Ellerbe Lane have lasted for nearly three years.

Rats, mold and electrical hazards: Renter says home in Raleigh has had problems for nearly three years

Renter Tnisha Wilson said the issues at the home at 2422 Ellerbe Lane have lasted for nearly three years.

Joe Fisher, WRAL reporter

Clayton family searching for new home after subleasing confusion

A rental nightmare for a family in Clayton is putting them out of a home right before the holidays.

Subleasing confusion leaves Clayton family without a home before Thanksgiving

A rental nightmare for a family in Clayton is putting them out of a home right before the holidays.

Joe Fisher, WRAL reporter

Adults consider co-living, adding roommates to deal with rising rent costs

More people are considering sharing their living space with strangers to afford living in Raleigh.

Wake County program aims to link renters with units they can afford

Wake County is offering several incentives to landlords to link renters with a unit they can afford based on their income.

Wake County housing program offers thousands in incentives for landlords to increase affordable housing units

Wake County is offering several incentives to landlords to link renters with a unit they can afford based on their income.

Joe Fisher, WRAL reporter

Cost of rent outpaces wages in Triangle

Across the state, the minimum wage would have to be more than 19 dollars an hour for someone to afford a two-bedroom home, according to a report released this week.

Data shows Triangle's housing markets may have cooled in June - except for renters

Preliminary data on the Triangle's housing markets show that prices may be stabilizing, even as it remains a strong seller's market and housing costs increase.

Inflation impacts local business as Federal Reserve mulls another rate hike

Jetplane Coffee at 810 North Magnum St. in Durham permanently closed this week after dealing with one economic hurdle after another throughout the pandemic.

Federal Reserve mulls interest rate hike, Duke professor explains potential effects

Duke University Practice of Economics professor Connel Fullenkamp discussed how the Federal Reserve is considering raising interest rates. The Fed is expected to take action this week.

'We are only working to survive': Durham mom speaks about rising prices, higher cost of living and possible raise in interest rates

The last time the Fed hiked rates by three-quarters of a percentage point was in the Alan Greenspan era: November 1994.

Sarah Krueger, WRAL Durham reporter

These are the most expensive cities in the world for 2022

The list is calculated based on several factors, including public transit and the strength of local currency.

'I feel pushed out': Chapel Hill renter says her rent was due to increase $400 per month

Elizabeth Allen's rent was set to increase $400 per month for a 12-month lease.

Monica Casey, WRAL Durham reporter

Chapel Hill rent increasing faster than state average, data shows

A single mother in Chapel Hill said rent is going up $400 per month where she lives.

Rent prices continue to soar in the US

Average rent prices in the country could be over $2,000 per month by August.

'Unlevel' playing field prices out home buyers and renters

From buying homes to renting, people in Wake County are paying the price for a thriving Triangle area with a super-competitive housing market.

Unlevel playing field: Triangle houses swept up by investors with deep pockets

From buying homes to renting, people in Wake County are paying the price for a thriving Triangle-area with a super-competitive housing market.

Cullen Browder, WRAL anchor/reporter

WRAL Investigates tracks down investment firms buying single-family homes in the Triangle

WRAL Investigates tracked down the investment firms buying up single-family homes around the Triangle. WRAL anchor/reporter Cullen Browder looks into what damage they did to the market, and what Wake County Commissioner Matt Calabria had to say about it.