Cheap Apartments for Rent in the Lake Boone Trail Neighborhood of Raleigh, NC from $700 (38 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Anclote Arms
2 to 3 Bedroom Apartments

Anclote Arms

3609 Anclote PlRaleigh, NC 27607

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.

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Lake Boone Trail, Raleigh, NC Local Guide

Cheapest Available Lake Boone Trail Apartments for Rent

 

The cheapest available apartment rental in the Lake Boone Trail area of Raleigh, NC is a 1 Bed unit found at The Parke at Trinity Apartment Homes priced from $891. Westgrove Tower Condominiums has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Lake Boone Trail apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Parke at Trinity Apartment HomesA11BR,1BA$891
Westgrove Tower CondominiumsS1Studio,1BA$915
Atria at Crabtree ValleyCreedmoor1BR,1BA$925
Sterling Glenwood ApartmentsStudio Classic with BalconyStudio,1BA$949
Wedgwood ApartmentsShamrock 1x11BR,1BA$999
The Kenton Apartments1BR/1.0BA1BR,1BA$1,000
403 WestA11BR,1BA$1,006
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1,034
Valentine CommonsThe Caswell Platinum3BR,3BA$1,035
Arbor Creek21.5AR2BR,1BA$1,035

Best Value Apartments for Rent in Lake Boone Trail, NC

As of December 27, 2025 the best value apartment in the Lake Boone Trail area is the $0.70 price per square foot 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh in the in the Roylene Acres neighborhood starting from $975. The second greatest value Lake Boone Trail apartment is the Compton (C1) Model at Grand Arbor Reserve Apartment Homes starting at $1,427 with a $1.20 price per square foot in the Ridge Park neighborhood. Here is today’s list of the best values for Lake Boone Trail apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redpoint Raleigh3 Bedroom, 3 BathTownhome3BR,3BA$0.70
Grand Arbor Reserve Apartment HomesCompton (C1)3BR,2BA$1.20
The Parke at Trinity Apartment HomesB2 - Harmony2BR,2BA$1.41
Spanish Trace Apartments2 Bed 2 Bath with Washer/Dryer - Deluxe2BR,2BA$1.60
Inman ParkA21BR,1BA$1.48
Cortland Olde RaleighAviation1BR,1BA$1.68
Arlow at Blue RidgeA31BR,1BA$1.66
The Kenton Apartments1BR/1.0BA1BR,1BA$1.52
Atria at Crabtree ValleyCreedmoor1BR,1BA$1.49
Arbor Creek11BPZ1BR,1BA$1.79

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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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.

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Pet Friendly Lifestyle
Lake Boone Trail, Raleigh, NC

Ranked #14

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Lake Boone Trail Apartments

What is a cheap apartment in Lake Boone Trail?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Boone Trail is under $1,035.

What is the price of a cheap apartment in Lake Boone Trail?

The cheapest apartment in Lake Boone Trail is The Parke at Trinity Apartment Homes which is listed at $891, while the average apartment in Lake Boone Trail costs $2,054.

What types of apartments are the cheapest in Lake Boone Trail?

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 97 regular apartments in Lake Boone Trail 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 Lake Boone Trail?

Cheap apartments in Lake Boone Trail have an average cost of $715 which is $1,339 cheaper than the average rent for all rentals in Lake Boone Trail.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.