Cheap Homes for Rent in Herndon Place Neighborhood of Raleigh, NC from $900 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in the Herndon Place area of Raleigh.

property at 663 Coleman St

663 Coleman St

RaleighNC27610

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 315 S East St

315 S East St

RaleighNC27601

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Raleigh's Best Affordable Neighborhoods

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

Herndon Place, Raleigh, NC Local Guide

Cheapest Available Herndon Place Apartments for Rent

 

The cheapest available apartment rental in the Herndon Place area of Raleigh, NC is a Studio unit found at Milner Commons priced from $875. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable Herndon Place apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Milner CommonsStudio - The WillowStudio,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,125
The PointS1Studio,1BA$1,217

Best Value Apartments for Rent in Herndon Place, NC

As of May 17, 2025 the best value apartment in the Herndon Place area is the $2.02 price per square foot Hudsen - Hargett Model at ABODE at Hargett in the in the Blount Street neighborhood starting from $3,200. The second greatest value Herndon Place apartment is the 201 Model at Capital Apartments starting at $1,899 with a $1.48 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Herndon Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ABODE at HargettHudsen - Hargett3BR,2.5BA$2.02
Capital Apartments2012BR,1BA$1.48
The Mordecai on Clover1 BR 1 BA TOWNHOME1BR,1BA$2.00
Brookside ApartmentsStudio Newly RenovatedStudio ,1BA$2.12
The Edison Lofts ApartmentsStudio S2Studio ,1BA$2.25
The LincolnThe Hub StudioStudio ,1BA$2.31
Elan City CenterA1Studio ,1BA$2.40
The Acorn on Person StreetLeeStudio ,1BA$2.45
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.25
Milner CommonsStudio - The WillowStudio ,1BA$2.14

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Herndon Place

What type of rentals are currently available in Herndon Place?

There are currently 113 Apartments for Rent in Herndon Place, NC with pricing that ranges from $875 to $7,515. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herndon Place ranging from $995 to $3,800.

What is the current price range for Rental Homes in Herndon Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Herndon Place ranges from $995 to $3,800 with an average monthly rent of $1,917.

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 Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.