
Cheap Homes for Rent in Silver Lake Neighborhood of Raleigh, NC from $500 (14 Rentals)
Search the lowest-cost Homes available for rent right now in the Silver Lake area of Raleigh.


2021 Wolf Tech Ln

3000 Centennial Woods Dr

2002 Technology Woods Dr

2011 Wolfmill Dr

1411 Collegiate Cir, Unit 102

1911 Wolftech Ln, Unit 104

2011 Wolfmill Dr, Unit 104

1321 Crab Orchard Dr

1220 University Ct, Unit 102
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

3020 Centennial Woods Dr, Unit 3020 Centennial Woods

3710 Pardue Woods Pl, Unit 203-Room1

1401 Collegiate Cir

1422 Pineview Dr, Unit B
Silver Lake, Raleigh, NC Local Guide

How much does it cost to rent a home in Silver Lake?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Silver Lake 2 Bedroom Homes for Rent | $1,641 | $1,550 | $1,775 |
Silver Lake 3 Bedroom Homes for Rent | $2,009 | $1,600 | $2,555 |
Silver Lake 4 Bedroom Homes for Rent | $3,547 | $595 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Raleigh, NC.
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Silver Lake, Raleigh, NC Local Guide
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Cheapest Available Silver Lake Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1820 at Centennial | 4x4 | 4BR,4BA | $900 |
8627 Macedonia Lake Dr | 8627 Macedonia Lake Dr | 1BR,1BA | $900 |
Best Value Apartments for Rent in Silver Lake, NC
As of March 28, 2025 the best value apartment in the Silver Lake area is the $0.39 price per square foot 8627 Macedonia Lake Dr Model at 8627 Macedonia Lake Dr in the in the Lakeside neighborhood starting from $900. The second greatest value Silver Lake apartment is the Room in Condo on Wolfmill Dr Model at Room in Condo on Wolfmill Dr starting at $700 with a $0.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
8627 Macedonia Lake Dr | 8627 Macedonia Lake Dr | 1BR,1BA | $0.39 |
Room in Condo on Wolfmill Dr | Room in Condo on Wolfmill Dr | 1BR,1BA | $0.56 |
Room in Condo on Collegiate Cir | Room in Condo on Collegiate Cir | 1BR,1BA | $0.73 |
Room in Condo on Crab Orchard Dr | Room in Condo on Crab Orchard Dr | 1BR,1BA | $0.55 |
Room in Condo on Collegiate Cir | Room in Condo on Collegiate Cir | 1BR,1BA | $0.55 |
Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.58 |
Room in Condo on University Ct | Room in Condo on University Ct | 1BR,1BA | $0.57 |
Room in Condo on Collegiate Cir | Room in Condo on Collegiate Cir | 1BR,1BA | $0.57 |
Room in Condo on Crab Orchard Dr | Room in Condo on Crab Orchard Dr | 1BR,1BA | $0.58 |
1820 at Centennial | 3x3 | 3BR,3BA | $0.84 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Silver Lake
What type of rentals are currently available in Silver Lake?
There are currently 60 Apartments for Rent in Silver Lake, NC with pricing that ranges from $450 to $5,471. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Silver Lake ranging from $560 to $5,000.
What is the current price range for Rental Homes in Silver Lake?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Silver Lake ranges from $560 to $5,000 with an average monthly rent of $1,962.
How much are larger Three and Four Bedroom Rentals in Silver Lake?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Silver Lake range from $1,244 to $5,471, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $2,555. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $450.
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.

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.

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.

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.