
Cheap Homes for Rent in Herndon Place Neighborhood of Raleigh, NC from $900 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Herndon Place area of Raleigh.


663 Coleman St
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.

663 Coleman St

315 S East St
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.

207 Colleton Rd

207 Colleton Rd
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.

209 E Peace St

708 N King Charles Rd
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

How much does it cost to rent a home in Herndon Place?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Herndon Place 2 Bedroom Homes for Rent | $1,832 | $1,199 | $2,850 |
Herndon Place 3 Bedroom Homes for Rent | $2,379 | $1,495 | $3,800 |
Herndon Place 4 Bedroom Homes for Rent | $2,400 | $2,400 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Herndon Place Neighborhood of Raleigh, NC.
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Herndon Place, Raleigh, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Milner Commons | Studio - The Willow | Studio,1BA | $875 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,125 |
The Point | S1 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
ABODE at Hargett | Hudsen - Hargett | 3BR,2.5BA | $2.02 |
Capital Apartments | 201 | 2BR,1BA | $1.48 |
The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $2.00 |
Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
The Edison Lofts Apartments | Studio S2 | Studio ,1BA | $2.25 |
The Lincoln | The Hub Studio | Studio ,1BA | $2.31 |
Elan City Center | A1 | Studio ,1BA | $2.40 |
The Acorn on Person Street | Lee | Studio ,1BA | $2.45 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.25 |
Milner Commons | Studio - The Willow | Studio ,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.
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.

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.

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.

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.

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.