
Cheap Homes for Rent in Oakwood Park Neighborhood of Raleigh, NC from $1,200 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood Park area of Raleigh.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

207 Colleton Rd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

214 Elm St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Oakwood Park, Raleigh, NC Local Guide

How much does it cost to rent a home in Oakwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Park 2 Bedroom Homes for Rent | $1,250 | $1,250 | $1,250 |
Oakwood Park 3 Bedroom Homes for Rent | $2,647 | $1,495 | $3,800 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Oakwood Park Neighborhood of Raleigh, NC.
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Oakwood Park, Raleigh, NC Local Guide
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Best Value Apartments for Rent in Oakwood Park, NC
As of May 10, 2025 the best value apartment in the Oakwood Park area is the $1.61 price per square foot A1 -1x1 Model at Prose New Hope in the in the East Raleigh neighborhood starting from $1,350. The second greatest value Oakwood Park apartment is the 1 BR 1 BA TOWNHOME Model at The Mordecai on Clover starting at $1,400 with a $2.00 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Oakwood Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prose New Hope | A1 -1x1 | 1BR,1BA | $1.61 |
The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $2.00 |
Mira | A1 | 1BR,1BA | $2.73 |
Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
Allora Southview | S1 | Studio ,1BA | $2.19 |
Pines of Ashton | Aspen | 1BR,1BA | $2.09 |
Solis Hills | S1 | Studio ,1BA | $3.06 |
Camden Village District | S3 | Studio ,1BA | $2.79 |
Elan City Center | A1 | Studio ,1BA | $2.40 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.25 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Frequently Asked Questions about Oakwood Park
What type of rentals are currently available in Oakwood Park?
There are currently 44 Apartments for Rent in Oakwood Park, NC with pricing that ranges from $1,130 to $7,515. There are also 5 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood Park ranging from $1,250 to $3,800.
What is the current price range for Rental Homes in Oakwood Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood Park ranges from $1,250 to $3,800 with an average monthly rent of $1,748.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.

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.