Cheap Homes for Rent in Fayetteville, NC from $500 (97 Rentals)

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property at 5115 Higgins St

5115 Higgins St

FayettevilleNC28303

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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property at 7172 Fillyaw Rd

7172 Fillyaw Rd

FayettevilleNC28303

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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property at 618 Dashland Dr

618 Dashland Dr

FayettevilleNC28303

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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property at 501 Weaver St

501 Weaver St

Spring LakeNC28390
property at 1437 Ireland Dr

1437 Ireland Dr

FayettevilleNC28304
property at 1441 Ireland Dr

1441 Ireland Dr

FayettevilleNC28304
property at 1409 Ireland Dr

1409 Ireland Dr

FayettevilleNC28304
property at 1425 Ireland Dr

1425 Ireland Dr

FayettevilleNC28304
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Fayetteville, NC Local Guide

Cheapest Neighborhoods for Apartments in Fayetteville, NC

Pricing Updated: 05/10/2025

Current apartment rentals in the Fayetteville, NC area range in price from $250 to $3,950 with an overall median price of $2,465. The three Fayetteville neighborhoods with the lowest median rent pricing are Downtown at $1,166, Lake Pines at $700, and Bordeaux at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown$1,550$1,16611
Lake Pines$1,550$70033
Bordeaux$1,650$70060
Bonnie Doone$1,700$70025
Haymount$1,700$80020
Terry Sanford$1,750$70041
Brookwood$1,825$80039
King's Grant$1,850$89519
Downtown Fayetteville$1,900$52515
E E Smith$1,945$70088

Cheapest Available Fayetteville Apartments for Rent

 

The cheapest available apartment rental in Fayetteville, NC is a Studio unit found at GoodHomes Cedar Creek in the Cedar Falls neighborhood priced from $700. Lake in the Pines in the King's Grant neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $748. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Cedar CreekOliveStudio,1BA$700
Lake in the PinesPrimrose1BR,1BA$748
Fieldcrest 328Fieldcrest1BR,1BA$750
GoodHomes BordeauxEvergreen WestStudio,1BA$785
Ramsey PinesThe Ramsey1BR,1BA$804
Forest PointeOne bedroom, one bath1BR,1BA$820
Eagle Point Village1 Bedroom (Sunroom Optional)1BR,1BA$861
Morganton Place Apartment HomesOne Bedroom - 695 sqft1BR,1BA$875
Oakridge ApartmentsOne Bedroom One Bathroom1BR,1BA$878

Best Value Apartments for Rent in Fayetteville, NC

As of May 10, 2025 the best value apartment in the Fayetteville area is the $0.28 price per square foot 202 Highland Ave Model at 202 Highland Ave, Unit A in the in the Lockwood neighborhood starting from $475. The second greatest value Fayetteville apartment is the 2X2.5 Model at Tallywood Arms Apartments starting at $995 with a $0.83 price per square foot in the Lockwood neighborhood. Here is today’s list of the best values for Fayetteville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
202 Highland Ave, Unit A202 Highland Ave1BR,1BA$0.28
Tallywood Arms Apartments2X2.52BR,2.5BA$0.83
Karen Lake ApartmentsThe Sapphire2BR,2BA$1.00
Hunter's Ridge ApartmentsTwo Bedroom2BR,2BA$0.81
Cedar Heights Townhomes2 Bedroom 1.5 Bath2BR,1.5BA$0.93
Skyside Landing Apartments2BR/2.0BA2BR,2BA$0.95
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$0.90
Green Valley Apartments2 Bedroom Townhome2BR,1.5BA$0.90
Magnolia CrossingTwo Bed, One & Half Bath2BR,1.5BA$0.98
Ramsey PinesThe Ramsey1BR,1BA$0.95

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Frequently Asked Questions about Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 409 Apartments for Rent in Fayetteville, NC with pricing that ranges from $400 to $4,287. There are also 425 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $250 to $3,950.

What is the current price range for Rental Homes in Fayetteville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayetteville ranges from $250 to $3,950 with an average monthly rent of $1,625.

How much are larger Three and Four Bedroom Rentals in Fayetteville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayetteville range from $800 to $3,583, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $3,950. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,701.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.