Cheap New Apartments for Rent in Raleigh, NC from $400 (147 Rentals)Page 2 of 3

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Search the lowest-cost Apartments available for rent right now in Raleigh.

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Walnut Terrace
Built in 20151 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
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Pine Ridge Apartments
Built in 20231 to 3 Bedroom Apartments

Pine Ridge Apartments

501 Small Pine DrRaleigh, NC 27603
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1820 at Centennial
Built in 20183 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
  • Utilities Included
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The Piedmont Raleigh
Built in 2020Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
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The Bluffs at Walnut Creek
Built in 20171 to 3 Bedroom Apartments

The Bluffs at Walnut Creek

2540 Bluffs View DrRaleigh, NC 27610
  • Utilities Included
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The L Apartments
Built in 2015Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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Channel House
Built in 2023Studio to 2 Bedroom Apartments

Channel House

540 St. Albans DrRaleigh, NC 27609
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Bluestone Apartments
Built in 20181 Bedroom Apartments

Bluestone Apartments

6319 Fox RdRaleigh, NC 27616
  • Utilities Included
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Oak Forest Pointe
Built in 20231 to 2 Bedroom Apartments

Oak Forest Pointe

5700 Oak Forest DrRaleigh, NC 27616
Senior Living
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323 S East St
Built in 20211 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601
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Clairmont at Trinity
Built in 2020Studio to 1 Bedroom Apartments

Clairmont at Trinity

1601 Medlin Creek LoopRaleigh, NC 27607
  • Utilities Included
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Marcom Street Apartments
Built in 20221 to 3 Bedroom Apartments

Marcom Street Apartments

1401 Stovall DrRaleigh, NC 27606
  • Utilities Included
Showing Results 51-100, Page 2 of 3

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 a cheap apartment in Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Raleigh is under $635.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is 5230 Meryton Park Way which is listed at $495, while the average apartment in Raleigh costs $2,410.

What types of apartments are the cheapest in Raleigh?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,210 regular apartments in Raleigh that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Raleigh?

Cheap apartments in Raleigh have an average cost of $514 which is $1,896 cheaper than the average rent for all rentals in Raleigh.

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 A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.