Cheap Homes for Rent in North Raleigh Neighborhood of Raleigh, NC from $1,200 (23 Rentals)

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Search the lowest-cost Homes available for rent right now in the North Raleigh 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

property at 4713 Courtney Ln

4713 Courtney Ln

RaleighNC27616

North Raleigh, Raleigh, NC Local Guide

Cheapest Available North Raleigh Apartments for Rent

 

The cheapest available apartment rental in the North Raleigh area of Raleigh, NC is a 1 Bed unit found at Woodlake Downs priced from $953. Village of Pickwick has the second lowest priced unit, which is a Studio apartment currently listed from $965. Here are the most affordable North Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Woodlake DownsAsh1BR,1BA$953
Village of PickwickThe CottageStudio,1BA$965
The TimbersA1 One Bed One Bath1BR,1BA$986
Spring ForestWillow1BR,1BA$988
Lynnwood ParkThe Alexander1BR,1BA$991

Best Value Apartments for Rent in North Raleigh, NC

As of March 25, 2025 the best value apartment in the North Raleigh area is the $1.09 price per square foot 8608 Hobhouse Cir Model at 8608 Hobhouse Cir in the in the Northridge Trace neighborhood starting from $2,265. The second greatest value North Raleigh apartment is the 8420 Astwell Ct Model at 8420 Astwell Ct starting at $2,060 with a $1.13 price per square foot in the Northridge Trace neighborhood. Here is today’s list of the best values for North Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8608 Hobhouse Cir8608 Hobhouse Cir4BR,2.5BA$1.09
8420 Astwell Ct8420 Astwell Ct3BR,2.5BA$1.13
8260 McGuire Dr8260 McGuire Dr3BR,2.5BA$1.18
Inman Park2 bed/2 bath2BR,2BA$1.32
Midtown Park TownhomesMT 2x1.52BR,1.5BA$1.31
Wakefield GlenA31BR,1BA$1.32
Hunting RidgeTwo Bedroom2BR,1.5BA$1.25
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Lynn Lake1C Den Renovation 21BR,1BA$1.28
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30

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Frequently Asked Questions about North Raleigh

What type of rentals are currently available in North Raleigh?

There are currently 229 Apartments for Rent in North Raleigh, NC with pricing that ranges from $937 to $7,075. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Raleigh ranging from $1,200 to $5,500.

What is the current price range for Rental Homes in North Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Raleigh ranges from $1,200 to $5,500 with an average monthly rent of $1,903.

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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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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

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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.