Cheap Apartments for Rent in the Carolina Pines Neighborhood of Raleigh, NC from $500 (35 Rentals)

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

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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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Kensington Park
1 to 4 Bedroom Apartments

Kensington Park

2800-2842 Avent Ferry RdRaleigh, NC 27606
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Dover Apartments
1 to 4 Bedroom Apartments

Dover Apartments

706 Wexford DrRaleigh, NC 27603
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
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Gorman Crossings
2 to 3 Bedroom Apartments

Gorman Crossings

2700-2716 Brigadoon DrRaleigh, NC 27606
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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Lupton Flats
2 Bedroom Apartments

Lupton Flats

3801-3825 Lupton CirRaleigh, NC 27606
Student Housing
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323 S East St
1 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601

Carolina Pines, Raleigh, NC Local Guide

Cheapest Available Carolina Pines Apartments for Rent

 

The cheapest available apartment rental in the Carolina Pines area of Raleigh, NC is a 4 Beds unit found at The Wilde priced from $735. Parkwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Carolina Pines apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The WildeD14BR,4BA$735
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
The LincolnThe Hub StudioStudio,1BA$1,185
Lenoxplace at Garner Station ApartmentsA11BR,1BA$1,196
The Greens at Centennial CampusS1AStudio,1BA$1,200
The RowBirch ArbourStudio,1BA$1,220
Altitude Raleigh ApartmentsS11BR,1BA$1,231
Skyhouse RaleighS1Studio,1BA$1,232
Walnut Creek ApartmentsTwo Bedroom 1.5 Bathroom Townhome2BR,1BA$1,249

Best Value Apartments for Rent in Carolina Pines, NC

As of April 08, 2025 the best value apartment in the Carolina Pines area is the $0.60 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $869. The second greatest value Carolina Pines apartment is the 1 bd and 1 bath Student Model at Student Housing - Gorman Parkwood starting at $725 with a $0.57 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Carolina Pines apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village at 25054x44BR,4BA$0.60
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Ridge Student Housing3x33BR,3BA$0.58
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
Walnut Creek ApartmentsTwo Bedroom 1.5 Bathroom Townhome2BR,1.5BA$1.25
Forest Edge TownhomesThe Timber2BR,1.5BA$1.41
Village Green Student Housing2BD/2BA2BR,2BA$1.06
Campus Crossings at Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.95
Tryon Village2 Bedroom Townhome2BR,1.5BA$1.50
Parkwood Village Apartments1 Bedroom1BR,1BA$1.24

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Lifestyle Ratings

Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across North Carolina and customized analysis for Central Raleigh. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, places to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Carolina Pines Apartments

What is a cheap apartment in Carolina Pines?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Carolina Pines is under $1,249.

What is the price of a cheap apartment in Carolina Pines?

The cheapest apartment in Carolina Pines is Parkwood Village Apartments which is listed at $1,050, while the average apartment in Carolina Pines costs $12,630.

What types of apartments are the cheapest in Carolina Pines?

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 28 regular apartments in Carolina Pines 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 Carolina Pines?

Cheap apartments in Carolina Pines have an average cost of $585 which is $12,045 cheaper than the average rent for all rentals in Carolina Pines.

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

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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

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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