{"id":10096,"date":"2025-11-25T14:48:00","date_gmt":"2025-11-25T14:48:00","guid":{"rendered":"https:\/\/www.yardimatrix.com\/blog\/?p=10096"},"modified":"2026-03-30T14:54:35","modified_gmt":"2026-03-30T14:54:35","slug":"raleigh-multifamily-market-report-november-2025","status":"publish","type":"post","link":"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-november-2025\/","title":{"rendered":"Raleigh Multifamily Market Report \u2013 November 2025"},"content":{"rendered":"\n<p class=\"has-normal-font-size\">Read the latest Yardi Matrix <strong><a href=\"\/blog\/raleigh-multifamily-market-report\/\">Raleigh Multifamily Market Report<\/a><\/strong>.<\/p>\n\n\n<hr \/>\n<h2>Fundamentals Hold, Despite Rent Slides<\/h2>\n<p>Going into the last quarter of 2025, the Raleigh\u2013Durham multifamily market showed uneven performance, still pressed by the current wave of deliveries, according to the latest Yardi Matrix Raleigh\u2013Durham multifamily market report. The average advertised asking rent was down 0.3%, on a trailing three-month basis as of September, to $1,553. Meanwhile, the occupancy rate in stabilized properties held steady, actually up 10 basis points year-over-year, to 94.0% as of August.<\/p>\n<p><iframe id=\"datawrapper-chart-GZ3Wj\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh vs. National Rent Growth\" src=\"https:\/\/datawrapper.dwcdn.net\/GZ3Wj\/2\/\" height=\"334\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Line chart\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Raleigh\u2013Durham employment rose 1.8% through July, more than double the national rate, as\u00a0noted in the\u00a0<strong><a href=\"https:\/\/www.yardimatrix.com\/blog\/national-multifamily-market-report\/\">U.S. multifamily report<\/a><\/strong>. Education and health services led growth, accounting for 6,600 of the 18,000 net positions added to the workforce. The unemployment rate in Durham\u2013Chapel Hill was 3.8% as of August, according to preliminary data from the Bureau of Labor Statistics. Raleigh\u2013Cary performed slightly better, at 3.5%. UNC Health and Duke Health are building North Carolina\u2019s first standalone children\u2019s hospital in a bedroom community in the Apex town, set to bring 8,000 jobs to the Research Triangle. Construction costs are estimated between $2 million and $3 billion, with groundbreaking slated for 2027.<\/p>\n<p><iframe id=\"datawrapper-chart-GnzXp\" style=\"width: 0; min-width: 100% !important; border: none;\" title=\"Raleigh Employment Share by Sector\" src=\"https:\/\/datawrapper.dwcdn.net\/GnzXp\/1\/\" height=\"416\" frameborder=\"0\" scrolling=\"no\" aria-label=\"Table\" data-external=\"1\"><\/iframe><script type=\"text\/javascript\">window.addEventListener(\"message\",function(a){if(void 0!==a.data[\"datawrapper-height\"]){var e=document.querySelectorAll(\"iframe\");for(var t in a.data[\"datawrapper-height\"])for(var r,i=0;r=e[i];i++)if(r.contentWindow===a.source){var d=a.data[\"datawrapper-height\"][t]+\"px\";r.style.height=d}}});<\/script><\/p>\n<p>Developers brought 8,593 units online this year through September, accounting for 4.2% of existing stock and nearly double the national pace of deliveries. This came on the heels of last year\u2019s record of 14,487 new units. Meanwhile, Raleigh-Durham transactions reached $721 million for the first three quarters of 2025<\/p>\n<p>Read the full Yardi Matrix Raleigh Multifamily Market Report: <strong><a href=\"https:\/\/www.yardimatrix.com\/publications\/download\/file\/8081-MatrixMultifamilyRaleighReport-November2025\">November 2025<\/a><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Fundamentals Hold, Despite Rent Slides Going into the last quarter of 2025, the Raleigh\u2013Durham multifamily market showed uneven performance, still pressed by the current wave of deliveries, according to the latest Yardi Matrix Raleigh\u2013Durham multifamily market report. The average advertised asking rent was down 0.3%, on a trailing three-month basis as of September, to $1,553. [&hellip;]<\/p>\n","protected":false},"author":436,"featured_media":9708,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12,5,4],"tags":[513,459,516],"class_list":["post-10096","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-metro-reports","category-multifamily-market","category-real-estate-trends","tag-multifamily-outlook-2025","tag-raleigh","tag-yardi-matrix"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Raleigh Multifamily Market Report \u2013 November 2025 - Yardi Matrix Blog<\/title>\n<meta name=\"description\" content=\"Raleigh-Durham&#039;s average advertised asking rent was down 0.3 percent on a T3 basis in September, to $1,553.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-november-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Raleigh Multifamily Market Report \u2013 November 2025\" \/>\n<meta property=\"og:description\" content=\"Raleigh-Durham&#039;s average advertised asking rent was down 0.3 percent on a T3 basis in September, to $1,553.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.yardimatrix.com\/blog\/raleigh-multifamily-market-report-november-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Yardi Matrix Blog\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-25T14:48:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-03-30T14:54:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.yardimatrix.com\/blog\/wp-content\/uploads\/sites\/39\/2025\/07\/Raleigh-iStock-1521066117-MHN.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Adina Rogoz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Madalina Pojoga\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Raleigh Multifamily Market Report \u2013 November 2025 - 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