
Cheap Apartments for Rent in the Lake Johnson Neighborhood of Raleigh, NC from $500 (6 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Johnson area of Raleigh.

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1241 University Ct
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1251 University Ct, Unit 1
Lake Johnson, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Lake Johnson?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Lake Johnson Studio Apartments | $1,455 | $1,229 | $1,630 |
Lake Johnson 1 Bedroom Apartments | $1,518 | $585 | $2,798 |
Lake Johnson 2 Bedroom Apartments | $1,916 | $880 | $3,693 |
Lake Johnson 3 Bedroom Apartments | $1,993 | $820 | $4,424 |
Lake Johnson 4 Bedroom Apartments | $1,200 | $735 | $2,051 |
Browse Apartments in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Lake Johnson Neighborhood of Raleigh, NC.
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Lake Johnson, Raleigh, NC Local Guide
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Cheapest Available Lake Johnson Apartments for Rent
 The cheapest available apartment rental in the Lake Johnson area of Raleigh, NC is a 4 Beds unit found at The Wilde priced from $735. 403 West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,012. Here are the most affordable Lake Johnson apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Wilde | D1 | 4BR,4BA | $735 |
403 West | A1 | 1BR,1BA | $1,012 |
Aurella Cary | The Camillia | 1BR,1BA | $1,160 |
Best Value Apartments for Rent in Lake Johnson, NC
As of May 12, 2025 the best value apartment in the Lake Johnson area is the $1.13 price per square foot C1R Model at AXIS Crossroads in the in the Lakeside neighborhood starting from $1,799. The second greatest value Lake Johnson apartment is the 1251 University Ct Model at 1251 University Ct, Unit 1 starting at $800 with a $0.67 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Lake Johnson apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
AXIS Crossroads | C1R | 3BR,2BA | $1.13 |
1251 University Ct, Unit 1 | 1251 University Ct | 1BR,1BA | $0.67 |
Allora Pines | B2 | 2BR,2BA | $1.75 |
The Enclave at Crossroads | The Roanoke | 1BR,1BA | $1.41 |
Remington Place | Fairfield I | 1BR,1BA | $1.29 |
Newly Renovated South Valley Apartments | Upstairs | 2BR,1BA | $1.53 |
Brook Hill Townhouse | Silver Birch | 2BR,1.5BA | $1.69 |
Ashborough Apartments | The Manet A3 | 1BR,1BA | $1.55 |
Centerview at Crossroads | Sydney | 1BR,1BA | $1.88 |
Wildwoods Of Lake Johnson | 1A | 1BR,1BA | $1.68 |
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.
Pet Friendly LifestyleLake Johnson, Raleigh, NC
Ranked #123
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Lake Johnson, Raleigh, NC
School data provided by Great Schools
Getting Around the Lake Johnson Neighborhood in Raleigh, NC
Walk Score®
26 / 100
Car-Dependent
Most errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
31 / 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 Lake Johnson Apartments
What is the price of a cheap apartment in Lake Johnson?
The cheapest apartment in Lake Johnson is 403 West which is listed at $1,012, while the average apartment in Lake Johnson costs $1,847.
What types of apartments are the cheapest in Lake Johnson?
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 6 regular apartments in Lake Johnson 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 Johnson?
Cheap apartments in Lake Johnson have an average cost of $516 which is $1,331 cheaper than the average rent for all rentals in Lake Johnson.
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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