Cheap Apartments for Rent in the Riverside Neighborhood of Raleigh, NC from $400 (22 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article
close
View Me
Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
close
View Me
The Piedmont Raleigh
Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
Showing Results 1-22, Page 1 of 1

Riverside, Raleigh, NC Local Guide

Cheapest Available Riverside Apartments for Rent

 

The cheapest available apartment rental in the Riverside area of Raleigh, NC is a 1 Bed unit found at 5230 Meryton Park Way priced from $495. 5316 Cumberland Plain Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $635. Here are the most affordable Riverside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$495
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$635
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$700
8611 Brushfoot Way8611 Brushfoot Way1BR,1BA$770
6500 Pathfinder Way6500 Pathfinder Way1BR,1BA$925

Best Value Apartments for Rent in Riverside, NC

As of March 22, 2025 the best value apartment in the Riverside area is the $0.93 price per square foot 5529 Silver Ash Dr Model at 5529 Silver Ash Dr in the in the Northridge Trace neighborhood starting from $2,595. The second greatest value Riverside apartment is the 3209 Daingerfield Dr Model at 3209 Daingerfield Dr starting at $700 with a $0.32 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5529 Silver Ash Dr5529 Silver Ash Dr4BR,3BA$0.93
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$0.32
6607 Mezzo Ln6607 Mezzo Ln3BR,2.5BA$0.97
6920 Woodland Stream Pl6920 Woodland Stream Pl3BR,2.5BA$1.00
6500 Pathfinder Way6500 Pathfinder Way1BR,1BA$0.46
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$0.33
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$0.27
8611 Brushfoot Way8611 Brushfoot Way1BR,1BA$0.46
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Northridge CrossingsThe Coach1BR,1BA$1.35

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Riverside, Raleigh, NC

Ranked #48

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Raleigh. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Getting Around the Riverside Neighborhood in Raleigh, NC

Walk Score®

9 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

48 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

18 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Riverside Apartments

What is a cheap apartment in Riverside?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,099.

What is the price of a cheap apartment in Riverside?

The cheapest apartment in Riverside is 5230 Meryton Park Way which is listed at $495, while the average apartment in Riverside costs $1,806.

What types of apartments are the cheapest in Riverside?

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 1,164 regular apartments in Riverside 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 Riverside?

Cheap apartments in Riverside have an average cost of $316 which is $1,490 cheaper than the average rent for all rentals in Riverside.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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 What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.