
Cheap Apartments for Rent in Raleigh, NC from $400 (610 Rentals)
Search the lowest-cost Apartments available for rent right now in Raleigh.


2021 Wolf Tech Ln, Unit 204

3770 Pardue Woods Pl, Unit 301

The Wilde

1251 University Ct, Unit 1

1230 University Ct

Pine Hills Apartments 55+

Lewis Place

Bridges at North Hills
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Westgrove Tower Condominiums

Aria North Hills

Columns at Wakefield

Woodlake Downs

Vivo Living Raleigh

The Harrison

Tree Top

Anson at North Hills

1908 Hawkins St

The Parke at Trinity Apartment Homes

The Timbers

Concord Apartments

Lexington on the Green

Regatta at Lake Lynn

3812 Marcom St

The District North Hills

The Oaks Apartments

LYV Six Forks

Brentwood West

The Greens at Tryon

Spring Forest

Sterling Glenwood Apartments

Averelle North Hills

Oak City Apartments

The Tribute

Hunting Ridge

The Falls

Madison Hunters Glen

Regency Park Apartment Homes

The Trails of North Hills

Skyhouse Raleigh

Parkwood Village Apartments

Legacy North Pointe Apartments

Level at 401

Laurel Oaks

North Oaks Landing
Raleigh, NC Local Guide

How much does it cost to rent an apartment in Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Raleigh Studio Apartments | $1,410 | $861 | $4,215 |
Cheap Raleigh 1 Bedroom Apartments | $1,607 | $450 | $5,908 |
Cheap Raleigh 2 Bedroom Apartments | $1,989 | $540 | $7,790 |
Cheap Raleigh 3 Bedroom Apartments | $2,324 | $635 | $7,983 |
Cheap Raleigh 4 Bedroom Apartments | $1,433 | $450 | $3,000 |
Raleigh 5 Bedroom Apartments | $3,032 | $2,777 | $3,534 |
Browse Top Apartments in Raleigh
See all Apartments in RaleighExplore Raleigh
Raleigh, NC Local Guide

- Raleigh Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Neighborhoods for Apartments in Raleigh, NC
Pricing Updated: 03/18/2025Current apartment rentals in the Raleigh, NC area range in price from $209 to $7,983 with an overall median price of $2,384. The three Raleigh neighborhoods with the lowest median rent pricing are Belle Aire Acres at $1,130, Bunn Lake Estates at $1,130, and Hempstede at $1,130. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Raleigh Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Belle Aire Acres | $1,260 | $1,130 | 210 |
Bunn Lake Estates | $1,260 | $1,130 | 210 |
Hempstede | $1,260 | $1,130 | 210 |
Judd Saint Estates | $1,260 | $1,130 | 210 |
Stephenson | $1,395 | $995 | 56 |
Oakwood Park | $1,399 | $1,399 | 25 |
Hunters Crossing | $1,485 | $735 | 2287 |
Manchester | $1,685 | $209 | 3251 |
Trailwood | $1,695 | $417 | 2692 |
Sussex Place | $1,715 | $857 | 8523 |
Cheapest Available Raleigh Apartments for Rent
The cheapest available apartment rental in Raleigh, NC is a 1 Bed unit found at Brookefield Apartments in the Northridge Trace neighborhood priced from $129. Hawthorne Davis Park in the South Durham neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $238. Here is today’s list of the most affordable Raleigh apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Brookefield Apartments | Pullen | 1BR,1BA | $129 |
Hawthorne Davis Park | Violet | 3BR,2BA | $238 |
The Ninety Nine | C1.1-Bell | 3BR,2BA | $417 |
5230 Meryton Park Way | 5230 Meryton Park Way | 1BR,1BA | $520 |
3243 Warm Springs Ln | 3243 Warm Springs Ln | 1BR,1BA | $550 |
909 Bragg St | 909 Bragg St | 1BR,1BA | $577 |
3052 Castle Loch Ln | 3052 Castle Loch Ln | 1BR,1BA | $599 |
4730 Altha St | 4730 Altha St | 1BR,1BA | $607 |
3525 Sugarplum Rd | 3525 Sugarplum Rd | 1BR,1BA | $625 |
3812 Oak Park Rd | 3812 Oak Park Rd | 1BR,1BA | $625 |
Best Value Apartments for Rent in Raleigh, NC
As of March 18, 2025 the best value apartment in the Raleigh area is the $0.27 price per square foot 108 Gunderson Ln Model at 108 Gunderson Ln in the in the Southern Trace neighborhood starting from $850. The second greatest value Raleigh apartment is the 1304 Buckingham Rd Model at 1304 Buckingham Rd starting at $650 with a $0.22 price per square foot in the Sandlin Branch neighborhood. Here is today’s list of the best values for Raleigh apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
108 Gunderson Ln | 108 Gunderson Ln | 1BR,1BA | $0.27 |
1304 Buckingham Rd | 1304 Buckingham Rd | 1BR,1BA | $0.22 |
1500 Justice Union Ct | 1500 Justice Union Ct | 1BR,1BA | $0.28 |
3525 Sugarplum Rd | 3525 Sugarplum Rd | 1BR,1BA | $0.24 |
6827 Glacis Ct | 6827 Glacis Ct | 1BR,1BA | $0.25 |
729 Moonbeam Dr | 729 Moonbeam Dr | 1BR,1BA | $0.27 |
3812 Oak Park Rd | 3812 Oak Park Rd | 1BR,1BA | $0.25 |
3052 Castle Loch Ln | 3052 Castle Loch Ln | 1BR,1BA | $0.25 |
3508 Dragonfly River Ct | 3508 Dragonfly River Ct | 1BR,1BA | $0.28 |
5230 Meryton Park Way | 5230 Meryton Park Way | 1BR,1BA | $0.28 |
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Raleigh Overview
The capital city of the great state of North Carolina and a jewel of the east coast, Raleigh is one of the fastest-growing destinations in the entire nation. Taking its name from Sir Walter Raleigh and acting as home to a number of prestigious universities, Raleigh's effortless mix of southern charm and big city convenience meld to create a truly one-of-a-kind city. A wide variety of options for Raleigh apartments in neighborhoods all over the area make this city a wonderful place to move to.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Raleigh, NC Rentals by Map
See the most popular apartments and homes in Raleigh, NC
Why live in Raleigh, NC?
From the nightlife excitement that lines the downtown scene to the large number of world-class eateries and art galleries, Raleigh has been a gem of North Carolina for decades. It's no coincidence that this dynamic and on-the-move destination boasts the title of state capital, effortlessly blending historic architecture with modern convenience. Raleigh has consistently made the list of 'best places to live' by a wide swath of distinguished media, including #1 by Businessweek and #3 by Forbes.
Raleigh, NCPopulation: 469,298
Ranked #41
in US Census Population by City
Pet Friendly LifestyleRaleigh, NC
Ranked #2
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around Raleigh, NC
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Raleigh Apartments
What is the Cheapest Studio apartment in Raleigh?
Currently the most affordable Cheap Studio Apartment in Raleigh is at Milner Commons listed at $875.
How much is rent for a Cheap One Bedroom Raleigh Apartment?
The lowest price for a Cheap One Bedroom Raleigh Apartment is $129 at Brookefield Apartments.
What is the lowest price for a Cheap Two Bedroom Raleigh Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Raleigh is starting from $880 at The Wilde.
What is the most affordable Raleigh Three Bedroom Apartment?
The best deal on a cheap Raleigh Three Bedroom Apartment rental is at Hawthorne Davis Park and starts from $238.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
Written by: Chris Munier
Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.