Cheap Apartments for Rent in the Athens Neighborhood of Raleigh, NC from $600 (17 Rentals)

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

property at 1212 Schaub Dr

1212 Schaub Dr

RaleighNC27606

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

Athens, Raleigh, NC Local Guide

Cheapest Available Athens Apartments for Rent

 

The cheapest available apartment rental in the Athens area of Raleigh, NC is a 4 Beds unit found at The Wilde priced from $735. Arbor Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Athens apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The WildeD14BR,4BA$735
Arbor Creek11A1BR,1BA$930
Madison Hunters GlenThe Maple1BR,1BA$1,027
The Arden Apartments0a: StudioStudio,1BA$1,139

Best Value Apartments for Rent in Athens, NC

As of March 25, 2025 the best value apartment in the Athens area is the $0.73 price per square foot Room in Condo on Collegiate Cir Model at Room in Condo on Collegiate Cir in the in the Lakeside neighborhood starting from $900. The second greatest value Athens apartment is the Room in Condo on Crab Orchard Dr Model at Room in Condo on Crab Orchard Dr starting at $675 with a $0.55 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Athens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Room in Condo on Collegiate CirRoom in Condo on Collegiate Cir1BR,1BA$0.73
Room in Condo on Crab Orchard DrRoom in Condo on Crab Orchard Dr1BR,1BA$0.55
Room in Condo on Collegiate CirRoom in Condo on Collegiate Cir1BR,1BA$0.55
Room in Condo on University CtRoom in Condo on University Ct1BR,1BA$0.55
Room in Condo on Collegiate CirRoom in Condo on Collegiate Cir1BR,1BA$0.57
Room in Condo on Crab Orchard DrRoom in Condo on Crab Orchard Dr1BR,1BA$0.58
AXIS CrossroadsA2R1BR,1BA$1.34
Brook Hill TownhouseSilver Birch2BR,1.5BA$1.69
Wildwoods Of Lake Johnson1A1BR,1BA$1.68
Madison Hunters GlenThe Oak1BR,1BA$1.50

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Pet Friendly Lifestyle
Athens, Raleigh, NC

Ranked #125

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Athens Apartments

What is a cheap apartment in Athens?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Athens is under $1,139.

What is the price of a cheap apartment in Athens?

The cheapest apartment in Athens is Arbor Creek which is listed at $930, while the average apartment in Athens costs $2,056.

What types of apartments are the cheapest in Athens?

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 156 regular apartments in Athens 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 Athens?

Cheap apartments in Athens have an average cost of $385 which is $1,671 cheaper than the average rent for all rentals in Athens.

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.

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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.

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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.

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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.

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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.