Cheap Apartments for Rent in the Silver Lake Neighborhood of Raleigh, NC from $600 (35 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Raleigh.

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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
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Showing Results 1-35, Page 1 of 1

Silver Lake, Raleigh, NC Local Guide

Cheapest Available Silver Lake Apartments for Rent

 

The cheapest available apartment rental in the Silver Lake area of Raleigh, NC is a 4 Beds unit found at 1820 at Centennial priced from $900. The Retreat at Lake Johnson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,069. Here are the most affordable Silver Lake apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
1820 at Centennial4x44BR,4BA$900
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$1,069
Remington PlaceFairfield I1BR,1BA$1,089
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,095
Aurella CaryThe Camillia1BR,1BA$1,095
Amberwood at LochmereRedbud1BR,1BA$1,153
Woodcreek ApartmentsThe Hampton1BR,1BA$1,168
Williamsburg Manor1 Bed 1 Bath1BR,1BA$1,210

Best Value Apartments for Rent in Silver Lake, NC

As of April 28, 2025 the best value apartment in the Silver Lake area is the $1.38 price per square foot 1427 Brisbane Woods Way Model at 1427 Brisbane Woods Way, Unit 1427 in the in the Lakeside neighborhood starting from $2,162. The second greatest value Silver Lake apartment is the 3x3 Model at Centennial Village Student Housing starting at $699 with a $0.58 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1427 Brisbane Woods Way, Unit 14271427 Brisbane Woods Way3BR,2BA$1.38
Centennial Village Student Housing3x33BR,3BA$0.58
1820 at Centennial3x33BR,3BA$0.84
Campus Edge2x2 Platinum2BR,2BA$0.99
AXIS CrossroadsA2R1BR,1BA$1.50
The Enclave at CrossroadsThe Roanoke1BR,1BA$1.43
Remington PlaceFairfield I1BR,1BA$1.25
1513 Leanne Ct, Unit 11513 Leanne Ct1BR,1BA$1.55
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1.35
Williamsburg Manor1 Bed 1 Bath1BR,1BA$1.51

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Pet Friendly Lifestyle
Silver Lake, Raleigh, NC

Ranked #60

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
Silver Lake, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across North Carolina including Silver Lake, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Silver Lake Apartments

How much is rent for a Cheap One Bedroom Silver Lake Apartment?

The lowest price for a Cheap One Bedroom Silver Lake Apartment is $1,069 at The Retreat at Lake Johnson Apartments.

What is the lowest price for a Cheap Two Bedroom Silver Lake Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Silver Lake is starting from $1,295 at The Retreat at Lake Johnson Apartments.

What is the most affordable Silver Lake Three Bedroom Apartment?

The best deal on a cheap Silver Lake Three Bedroom Apartment rental is at 1820 at Centennial and starts from $970.

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

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

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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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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.