Cheap Apartments for Rent in the Northwest Raleigh Neighborhood of Raleigh, NC from $500 (89 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 The Gregory North and South Apartment Homes priced from $913. The Trails of North Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Northwest Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Gregory North and South Apartment HomesRed Oak1BR,1BA$913
The Trails of North Hills1 Bedroom 1 Bath - A1BR,1BA$930
Lake Lynn Reserve ApartmentsA1 - Loon1BR,1BA$950
The FallsEmerald Falls1BR,1BA$973
The TimbersA1 One Bed One Bath1BR,1BA$986
Lynnwood ParkThe Alexander1BR,1BA$991
Woodlake DownsAsh1BR,1BA$1,004
Village of PickwickThe Brighton1BR,1BA$1,005
Sterling Glenwood Apartments1 Bedroom 1 Bath1BR,1BA$1,005
Laurel OaksThe Oak1BR,1BA$1,009

Best Value Apartments for Rent in Northwest Raleigh, NC

As of April 12, 2025 the best value apartment in the Northwest Raleigh area is the $1.01 price per square foot Chestnut Model at Houndswood Village in the in the South Durham neighborhood starting from $2,399. The second greatest value Northwest Raleigh apartment is the 10321 Sablewood Dr Model at 10321 Sablewood Dr, Unit 106 starting at $3,000 with a $1.36 price per square foot in the Brier Creek Country Club 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 VillageChestnut3BR,3.5BA$1.01
10321 Sablewood Dr, Unit 10610321 Sablewood Dr4BR,3.5BA$1.36
Amavi Brier CreekTH-C13BR,2.5BA$1.37
Ashley Park ApartmentsThree Bedroom Apartment Homes3BR,2BA$1.39
Woodlyn on the Green Apartment HomesB1 - Harmony2BR,2BA$1.38
Inman Park1 bed/1 bath1BR,1BA$1.30
Lynn Lake1C Den Renovation 21BR,1BA$1.31
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1.33
MAA Brierdale11B1BR,1BA$1.26
Weston Reserve ApartmentsA3 - The Lily1BR,1BA$1.42

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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

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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 a cheap apartment in Northwest Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northwest Raleigh is under $1,009.

What is the price of a cheap apartment in Northwest Raleigh?

The cheapest apartment in Northwest Raleigh is The Gregory North and South Apartment Homes which is listed at $913, while the average apartment in Northwest Raleigh costs $3,000.

What types of apartments are the cheapest in Northwest Raleigh?

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 49 regular apartments in Northwest Raleigh 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 Northwest Raleigh?

Cheap apartments in Northwest Raleigh have an average cost of $161 which is $2,839 cheaper than the average rent for all rentals in Northwest Raleigh.

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

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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

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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

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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.