
New Apartments for Rent in Raleigh, NC Under $1,500 (165 Rentals)


Madison Wakefield

Allora Southview

District at 54

MAA Vale

The Keaton at Brier Creek

Prose New Hope

Alexan Moto

Elan Capital Hills

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

Atlantic Springs

Wakefield Station

Clairmont at Crabtree

The Row

Raleigh Exchange

The Acorn on Person Street

Highland North Hills

The Mallory

Platform

The Ninety Nine

Conclave Glenwood

Vintage Raleigh West

Everly on 401

Bell Jones Franklin

The Signal

Forge at Raleigh Iron Works

The Arden Apartments

The Falstaff

Villages at Raleigh Beach

Crabtree Lakeside

Hudson 5401

The Villages at McCullers Walk

616 at the Village

Meridian at Sutton Square

Creekside at Crabtree

The Lincoln

The Edison Lofts Apartments

Elan City Center

Link Apartments® Glenwood South

Marshall Park Apartments + Townhomes

Cortland Falls River

Alta Town Center

Olde Towne Residences

Cortland Midtown East

Cortland Glenwood South

Arlow at Blue Ridge

1105 Flats at North Hills

Stanhope

Adara Alexander Place

511 Faye
Raleigh, NC Local Guide

How much does it cost to rent an apartment in Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Raleigh Studio Apartments | $1,437 | $875 | $4,496 |
Raleigh 1 Bedroom Apartments | $1,608 | $450 | $5,953 |
Raleigh 2 Bedroom Apartments | $1,985 | $540 | $8,972 |
Raleigh 3 Bedroom Apartments | $2,340 | $635 | $7,983 |
Raleigh 4 Bedroom Apartments | $1,430 | $450 | $3,000 |
Raleigh 5 Bedroom Apartments | $3,176 | $2,777 | $3,750 |
Explore Raleigh
Raleigh, NC Local Guide
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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.
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 New Raleigh Apartments
What is the Cheapest New apartment in Raleigh?
Currently the most affordable New Apartment in Raleigh is at Cedar Trace listed at $450.
How much is the average rent for a New Raleigh Apartment?
The average rent for a New Apartment in Raleigh is $2,136.
What is the largest New Raleigh Apartment for rent?
Today's New apartment with the most square footage in Raleigh is a 2,511 square feet unit starting from $2,245 at Summerwell Harmony.
What is the average size for Raleigh New Apartments for rent?
The average size for a New rental in Raleigh is currently at 692 sq ft.
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.

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.

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.

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.