Cheap Homes for Rent in Lockwood Neighborhood of Raleigh, NC from $800 (27 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lockwood area of Raleigh.

property at 663 Coleman St

663 Coleman St

RaleighNC27610

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Showing Results 1-27, Page 1 of 1

Lockwood, Raleigh, NC Local Guide

Cheapest Available Lockwood Apartments for Rent

 

The cheapest available apartment rental in the Lockwood area of Raleigh, NC is a Studio unit found at Milner Commons priced from $875. The Harrison has the second lowest priced unit, which is a Studio apartment currently listed from $960. Here are the most affordable Lockwood apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Milner CommonsStudio - The WillowStudio,1BA$875
The HarrisonStudio BStudio,1BA$960
Northstone Apartments1BR/1BA1BR,1BA$1,075
Skyhouse RaleighS2Studio,1BA$1,088
Brentmoor ApartmentsOberlin1BR,1BA$1,099
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,125
Pines of AshtonAspen1BR,1BA$1,150
The WaverlyEdinburgh1BR,1BA$1,170
Broadstone Oak CityS1Studio,1BA$1,239
The Acorn on Person StreetLeeStudio,1BA$1,250

Best Value Apartments for Rent in Lockwood, NC

As of May 09, 2025 the best value apartment in the Lockwood area is the $1.57 price per square foot Townhouse 1 Model at The Edison Lofts Apartments in the in the Blount Street neighborhood starting from $2,370. The second greatest value Lockwood apartment is the Cask Model at Cortland Midtown East starting at $2,475 with a $1.76 price per square foot in the Lakemont neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Edison Lofts ApartmentsTownhouse 12BR,2BA$1.57
Cortland Midtown EastCask3BR,3BA$1.76
The WaverlyWinchester3BR,2BA$1.56
Capital Apartments2012BR,1BA$1.48
1401 Coopershill Drive2 Bed 2 Bath2BR,2BA$1.66
Sunnybrook Pointe2 Bed 2 Bath2BR,2BA$1.38
Jones Grant Urban FlatsA21BR,1BA$1.72
Longview Village Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.53
Northstone Apartments1BR/1BA1BR,1BA$1.31
Brentmoor ApartmentsOberlin1BR,1BA$1.50

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Frequently Asked Questions about Lockwood

What type of rentals are currently available in Lockwood?

There are currently 196 Apartments for Rent in Lockwood, NC with pricing that ranges from $577 to $5,908. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $850 to $3,800.

What is the current price range for Rental Homes in Lockwood?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockwood ranges from $850 to $3,800 with an average monthly rent of $2,061.

How much are larger Three and Four Bedroom Rentals in Lockwood?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Lockwood range from $1,595 to $5,908, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,800. Four Bedroom Single-Family rentals are also available starting from $2,130 and Four Bedroom Apartments start at $2,145.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.