Cheap Apartments for Rent in the Northwest Raleigh Neighborhood of Raleigh, NC from $500 (86 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northwest 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

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Northwest Raleigh, Raleigh, NC Local Guide

Cheapest Available Northwest Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Northwest 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 Northwest 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
Lynnwood ParkThe Alexander1BR,1BA$991
The Gregory North and South Apartment HomesThe Live Oak1BR,1BA$999
Woodlyn on the Green Apartment HomesA21BR,1BA$1,001
Sailboat BayA2 TA Reno1BR,1BA$1,003
Sterling Glenwood Apartments1 Bedroom 1 Bath1BR,1BA$1,005
The Trails of North Hills1 Bedroom 1 Bath - A1BR,1BA$1,011
Laurel OaksThe Oak1BR,1BA$1,028

Best Value Apartments for Rent in Northwest Raleigh, NC

As of March 27, 2025 the best value apartment in the Northwest Raleigh area is the $1.05 price per square foot Sterling Model at Houndswood Village in the in the South Durham neighborhood starting from $2,464. The second greatest value Northwest Raleigh apartment is the 505 Bellmeade Bay Dr Model at 505 Bellmeade Bay Dr starting at $2,155 with a $1.19 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Northwest Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Houndswood VillageSterling3BR,2.5BA$1.05
505 Bellmeade Bay Dr505 Bellmeade Bay Dr3BR,2BA$1.19
Amavi Brier CreekTH-C13BR,2.5BA$1.33
6904 Saxby Ct6904 Saxby Ct2BR,2.5BA$1.22
310 Burrell Rd310 Burrell Rd3BR,2.5BA$1.20
Ashley Park ApartmentsThree Bedroom Apartment Homes3BR,2BA$1.23
FairgateTwo Bedroom Townhome2BR,2.5BA$1.30
Bexley at PrestonAugusta3BR,2BA$1.32
Inman Park2 bed/2 bath2BR,2BA$1.32
Lynn Lake1C Den Renovation 21BR,1BA$1.28

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Pet Friendly Lifestyle
Northwest Raleigh, Raleigh, NC

Ranked #3

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Northwest Raleigh, Raleigh, NC

School data provided by Great Schools

Best Local Schools in
Northwest Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across North Carolina and customized analysis for Northwestern Raleigh, NC. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Northwest Raleigh Apartments

What is the Cheapest Studio apartment in Northwest Raleigh?

Currently the most affordable Cheap Studio Apartment in Northwest Raleigh is at The Falls listed at $1,036.

How much is rent for a Cheap One Bedroom Northwest Raleigh Apartment?

The lowest price for a Cheap One Bedroom Northwest Raleigh Apartment is $953 at Woodlake Downs.

What is the lowest price for a Cheap Two Bedroom Northwest Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northwest Raleigh is starting from $1,170 at Six Forks Station Apartments.

What is the most affordable Northwest Raleigh Three Bedroom Apartment?

The best deal on a cheap Northwest Raleigh Three Bedroom Apartment rental is at The Parke at Trinity Apartment Homes and starts from $1,479.

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.

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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.

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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.