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6 apartment rent specials in the Triangle right now

Key Takeaways
Key Takeaways

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  • Developers offer up to 10 weeks free rent to lease new Triangle apartments.
  • Raleigh added 5,884 units; Durham added 2,960, softening rent competition.
  • Nationwide rent growth turned negative in August, reflecting market slowdown.

An influx of new, amenity-rich apartments has triggered move-in deals across the Triangle.

Among them:

  • Up to two months free at The Signal in Seaboard Station in Raleigh.
  • Up to two months free at Platform in Raleigh.
  • Up to 10 weeks free at Rigsbee in Durham if you move in by Nov. 30.

Note: Lease terms and other restrictions may apply.

What’s behind the surge in rental deals?

The Raleigh-Cary metro area ranks among the nation’s biggest builders — with 5,884 new rental apartments expected by the year’s end, a new report from the listing service RentCafe.

Durham is expected to add 2,960 new apartments.

Combined with the “filtering-down effect” of new units softening prices in older stock, it’s pushed landlords to offer sweeteners — like no deposits, waived fees and up to two months free rent — to close the deal.

In Raleigh, the median rent (mid-point where half cost less and half cost more) for a one-bedroom increased .8% to $1,300 in August, according to Zumper’s national rent report. Prices are up 3.2% year over year.

Rents for two-bedroom units edged up slightly to $1,560. That’s up .6% since the month before and unchanged year over year.

Out of 100 cities nationwide, Raleigh ranked as the 49th most expensive city to rent.

In Durham, the median rent for a one-bedroom increased 1.4% to $1,480 last month, Zumper found. Prices are up 3.7% year over year.

Rents for two-bedroom units slipped 3% to $1,600 and are also down 5.3% year over year. That ranked Durham as the 37th most expensive city, higher than Raleigh.

Nationwide, the median one-bedroom rent decreased .2% in August to $1,517, while two-bedrooms dropped .4% to $1,897, Zumper reported. On an annual basis, one and two-bedroom rents are down 1.1% and 0.9%, respectively.

This marks the first time that the national rent index is negative across the board, and the fourth consecutive month where year-over-year growth has slowed, with rents for both bedroom types now seeing accelerated declines.

Amid rising construction costs, labor shortages, and economic uncertainty, the market has hit “a key turning point,” said Anthemos Georgiades, CEO of Zumper. It’s shifted from “stronger-than-expected” demand to an “unexpected slowdown.”

“Compounding the slowdown is weaker consumer confidence,” he said. “Renters [are] hesitant to commit.”

This story was originally published September 22, 2025 at 6:45 AM with the headline "6 apartment rent specials in the Triangle right now."

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Chantal Allam
The News & Observer
Chantal Allam covers real estate for the The News & Observer and The Herald-Sun. She writes about commercial and residential real estate, covering everything from deals, expansions and relocations to major trends and events. She previously covered the Triangle technology sector and has been a journalist on three continents.
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