Cheap Apartments for Rent in the College Park Neighborhood of Raleigh, NC from $500 (68 Rentals)

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Search the lowest-cost Apartments available for rent right now in the College Park 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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Stony Brook
Studio Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
  • Utilities Included
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
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College Park, Raleigh, NC Local Guide

Cheapest Available College Park Apartments for Rent

 

The cheapest available apartment rental in the College Park area of Raleigh, NC is a 1 Bed unit found at 218 Heck St priced from $825. The Waverly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,057. Here are the most affordable College Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
218 Heck St218 Heck St1BR,1BA$825
The WaverlyBerkely1BR,1BA$1,057
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,112
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
Brentmoor ApartmentsOberlin1BR,1BA$1,125
Skyhouse RaleighS1Studio,1BA$1,169
The RowBirch ArbourStudio,1BA$1,185
The FalstaffCypressStudio,1BA$1,199
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1,200
South Ridge2 Bed 1 Bath2BR,1BA$1,200

Best Value Apartments for Rent in College Park, NC

As of March 22, 2025 the best value apartment in the College Park area is the $0.93 price per square foot 1414 Southgate Dr Model at 1414 Southgate Dr in the in the Oakwood neighborhood starting from $2,065. The second greatest value College Park apartment is the 218 Heck St Model at 218 Heck St starting at $825 with a $0.49 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for College Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1414 Southgate Dr1414 Southgate Dr3BR,2.5BA$0.93
218 Heck St218 Heck St1BR,1BA$0.49
The WaverlyWinchester3BR,2BA$1.44
909 Bragg St909 Bragg St1BR,1BA$0.44
Capital Apartments2011BR,1BA$1.49
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.58
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
Walnut RidgeTwo Bedroom2BR,2BA$1.36
Longview Village Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.53
Brentmoor ApartmentsOberlin1BR,1BA$1.53

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States, including 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, transit availability, pet-friendly communities, places that make kids happy, and much more. These search options are in the site filters at the top of this page.

Getting Around the College Park Neighborhood in Raleigh, NC

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 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 College Park Apartments

What is a cheap apartment in College Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Park is under $1,200.

What is the price of a cheap apartment in College Park?

The cheapest apartment in College Park is 909 Bragg St which is listed at $577, while the average apartment in College Park costs $3,750.

What types of apartments are the cheapest in College Park?

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 669 regular apartments in College Park 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 College Park?

Cheap apartments in College Park have an average cost of $962 which is $2,788 cheaper than the average rent for all rentals in College Park.

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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