Raleigh Multifamily Real Estate Market Among Best for Investment Opportunities

Raleigh is a city located in one of the nation’s foremost technology job hubs—North Carolina’s Research Triangle Park, a region known for its wealth of knowledge. Simply referred to as “the Triangle” or RTP, this area includes Raleigh, home to North Carolina State University, Durham, where you’ll find Duke University, and Chapel Hill, the location of the University of North Carolina at Chapel Hill. It has historically been known for attracting many businesses due to the highly educated workforce it provides.

Raleigh is known for its young, well-educated population, an easy-going lifestyle, and a bustling nightlife. The city’s inviting setting, with plenty of parkland, museums, a performing arts center, and a prosperous job market continues drawing new residents and retaining the student population after they graduate from the local universities. These favorable conditions create many exciting multifamily investment opportunities in the city of Raleigh.

Raleigh Multifamily Real Estate Market Ranked Highly

Steady job and population growth also contribute to Raleigh’s investment appeal. During Raleigh’s impressive expansion, the city’s unemployment rate dropped from 4.4% in September 2016 to 3.6% in July 2017.[1] The city is home to many young professionals with growing families, with 11% of its workers in the tech industry and another 26% of its workforce in other high knowledge vocations.[2]

According to RentCafe, Raleigh enjoyed 2.5% population growth in 2015-2016 and 2.6% job growth in 2016-2017.[3] The U.S. Census Bureau ranked Raleigh the 14th fastest growing metro in 2016,[4] and city planners forecast a healthy growth rate for the coming decades.[5]

In light of Raleigh’s rapid absorption of new supply and impressive population growth,  Raleigh was ranked the No. 4 place on National Real Estate Investor’s Top 10 list of the best markets for multifamily investment in 2017.[6] Multifamily housing made up 36.4% of the total housing in Raleigh, according to a report published in April 2017, and that figure continues to rise.[7]

Raleigh Apartment Investing Continues to Grow

Raleigh recovered quickly from the recession of the last decade and saw multifamily construction peak in 2013. There were 125,347 apartment units in the Triangle as of July 2017, 5,643 more units under construction, and 3,663 in the planning stage. Vacancies had fallen to 5.4% in mid-2017, from 6.1% in January 2017,[8] and the demand for apartments is expected to increase by 69.1% between 2017 and 2030.[9] At the end of Q1 2017, rents in the Triangle had risen 5.3% year-on-year.[10]

The multifamily real estate market is active in Raleigh and throughout the Triangle. Conditions can be quite localized, with downtown Raleigh being an especially dynamic submarket, so a thorough understanding of the market is essential for investors.

Real Estate Investment Management in Raleigh

Thanks to its attractive lifestyle and employment opportunities, Raleigh and the Research Triangle offer many compelling investment opportunities via development and acquisitions that have the potential to provide steady, moderate growth for the foreseeable future.

At CWS Capital Partners, we specialize in multifamily real estate investment management in Raleigh and in promising markets across the U.S.. Reach out to us today to discuss investing in one of our Raleigh apartment communities or to begin a 1031 exchange. To learn more about our North Carolina properties, please visit our affiliated CWS Apartment Homes website.


The information provided here is for your general informational purposes only.  It should not be considered a recommendation or personalized advisory advice.  CWS has made this third party information available from authors it believes are knowledgeable and reliable resources.  However, its accuracy or completeness cannot be guaranteed and sentiment may change due to legal or economic conditions.

All investments involve risk including the possible loss of principal.  You should familiarize yourself with all risks associated with any investment product before investing.

Advisory services are provided by CWS Capital Partners LLC, a registered investment advisor.

Securities offered by CWS Capital Partners LLC are through an affiliated entity, CWS Investments. CWS Investments is a registered Broker Dealer, member FINRA, SIPC.


[1] http://www.deptofnumbers.com/unemployment/north-carolina/raleigh/

[2] https://www.bisnow.com/national/news/technology/top-tech-cities-growing-faster-than-other-markets-75464

[3] https://www.rentcafe.com/blog/rental-market/us-apartment-construction-at-a-20-year-high-in-2017/

[4] https://www.census.gov/newsroom/press-releases/2017/cb17-44.html

[5] Raleigh Dept. of City Planning, DataBook 2016, pg. 9

[6] http://www.nreionline.com/multifamily/10-best-markets-multifamily-investment/gallery?slide=4

[7] Raleigh Dept. of City Planning, DataBook 2016, pg. 10

[8]  https://www.bizjournals.com/triangle/news/2017/08/08/analyzing-supply-and-demand-for-triangle-apartment.html

[9] https://www.weareapartments.org/data/metro/raleigh

[10] http://www.colliers.com/-/media/files/marketresearch/unitedstates/markets/raleigh/2017%20reports/q1%202017%20raleigh%20durham%20multifamily%20report.pdf