Cheap Apartments for Rent in the Lakeside Neighborhood of Raleigh, NC from $400 (20 Rentals)

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

Raleigh's Best Affordable Neighborhoods

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

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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
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Kensington Park
1 to 4 Bedroom Apartments

Kensington Park

2800-2842 Avent Ferry RdRaleigh, NC 27606
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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
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Lakeside

Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

Raleigh's Best Affordable Neighborhoods

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

Lakeside, Raleigh, NC Local Guide

Cheapest Available Lakeside Apartments for Rent

 
Apartment ListingModel NameBed/BathPriced From
3011 Barrymore St3011 Barrymore St1BR,1BA$680

Best Value Apartments for Rent in Lakeside, NC

As of March 22, 2025 the best value apartment in the Lakeside area is the $0.39 price per square foot 8627 Macedonia Lake Dr Model at 8627 Macedonia Lake Dr in the in the Lakeside neighborhood starting from $900. The second greatest value Lakeside apartment is the 3011 Barrymore St Model at 3011 Barrymore St starting at $680 with a $0.40 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Lakeside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8627 Macedonia Lake Dr8627 Macedonia Lake Dr1BR,1BA$0.39
3011 Barrymore St3011 Barrymore St1BR,1BA$0.40
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Room in Condo on Wolfmill DrRoom in Condo on Wolfmill Dr1BR,1BA$0.56
Room in Condo on Crab Orchard DrRoom in Condo on Crab Orchard Dr1BR,1BA$0.55
Room in Condo on Collegiate CirRoom in Condo on Collegiate Cir1BR,1BA$0.55
Room in Condo on University CtRoom in Condo on University Ct1BR,1BA$0.55
Room in Condo on Collegiate CirRoom in Condo on Collegiate Cir1BR,1BA$0.57
Room in Condo on Crab Orchard DrRoom in Condo on Crab Orchard Dr1BR,1BA$0.58
Room in Condo on Trailwood Heights LnRoom in Condo on Trailwood Heights Ln1BR,1BA$0.56

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Pet Friendly Lifestyle
Lakeside, Raleigh, NC

Ranked #81

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Southwestern Raleigh, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakeside Apartments

What is a cheap apartment in Lakeside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakeside is under $680.

What is the price of a cheap apartment in Lakeside?

The cheapest apartment in Lakeside is 3011 Barrymore St which is listed at $680, while the average apartment in Lakeside costs $1,937.

What types of apartments are the cheapest in Lakeside?

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 396 regular apartments in Lakeside 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 Lakeside?

Cheap apartments in Lakeside have an average cost of $419 which is $1,518 cheaper than the average rent for all rentals in Lakeside.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.