Cheap Apartments for Rent in the Lake Johnson Neighborhood of Raleigh, NC from $600 (7 Rentals)

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

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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

Raleigh's Best Affordable Neighborhoods

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

Lake Johnson, Raleigh, NC Local Guide

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. Aurella Cary has the second lowest priced unit, which is a 1 Bed apartment currently listed from $970. Here are the most affordable Lake Johnson apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The WildeD14BR,4BA$735
Aurella CaryThe Camillia1BR,1BA$970
Remington PlaceFairfield I1BR,1BA$1,090

Best Value Apartments for Rent in Lake Johnson, NC

As of April 18, 2025 the best value apartment in the Lake Johnson area is the $1.29 price per square foot The Cassat B2.1 Model at Ashborough Apartments in the in the Lakeside neighborhood starting from $1,454. The second greatest value Lake Johnson apartment is the A2R Model at AXIS Crossroads starting at $1,426 with a $1.50 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Ashborough ApartmentsThe Cassat B2.12BR,2BA$1.29
AXIS CrossroadsA2R1BR,1BA$1.50
The Enclave at CrossroadsThe Roanoke1BR,1BA$1.45
Remington PlaceFairfield I1BR,1BA$1.25
Brook Hill TownhouseSilver Birch2BR,1.5BA$1.69
Centerview at CrossroadsSydney1BR,1BA$1.89
Allora PinesA11BR,1BA$1.77
Wildwoods Of Lake Johnson1A1BR,1BA$1.68
The Arden Apartments1a: Standard One Bedroom1BR,1BA$2.08
Aurella CaryThe Camillia1BR,1BA$1.94

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Pet Friendly Lifestyle
Lake Johnson, Raleigh, NC

Ranked #124

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

Frequently Asked Questions about Cheap Lake Johnson Apartments

How much is rent for a Cheap One Bedroom Lake Johnson Apartment?

The lowest price for a Cheap One Bedroom Lake Johnson Apartment is $970 at Aurella Cary.

What is the lowest price for a Cheap Two Bedroom Lake Johnson Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lake Johnson is starting from $880 at The Wilde.

What is the most affordable Lake Johnson Three Bedroom Apartment?

The best deal on a cheap Lake Johnson Three Bedroom Apartment rental is at The Wilde and starts from $820.

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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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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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.