
Cheap Apartments for Rent in the Stonewater Neighborhood of Raleigh, NC from $600 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stonewater area of Raleigh.


Lewis Place
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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Laurens Way

Riverwood Villas
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier
Stonewater, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Stonewater?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Stonewater 1 Bedroom Apartments | $1,466 | $650 | $3,062 |
Stonewater 2 Bedroom Apartments | $1,761 | $1,014 | $3,427 |
Stonewater 3 Bedroom Apartments | $2,133 | $1,164 | $2,950 |
Stonewater 4 Bedroom Apartments | $2,192 | $1,800 | $2,760 |
Browse Apartments in this Neighborhood
There are currently 5 rentals with your search options within a 3 mile radius of the Stonewater Neighborhood of Raleigh, NC.
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Stonewater, Raleigh, NC Local Guide
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Cheapest Available Stonewater Apartments for Rent
 The cheapest available apartment rental in the Stonewater area of Raleigh, NC is a 1 Bed unit found at Laurens Way priced from $1,050. Riverwood Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Stonewater apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Laurens Way | Linden | 1BR,1BA | $1,050 |
Riverwood Villas | 1 bdr Biles | 1BR,1BA | $1,075 |
Walton Farms | Joyner | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in Stonewater, NC
As of April 25, 2025 the best value apartment in the Stonewater area is the $1.34 price per square foot Falkirk Model at Riverwood Ranch Townhomes in the in the Churchill neighborhood starting from $1,535. The second greatest value Stonewater apartment is the B1 Model at Magnolia House starting at $1,415 with a $1.32 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Stonewater apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Riverwood Ranch Townhomes | Falkirk | 2BR,2.5BA | $1.34 |
Magnolia House | B1 | 2BR,2BA | $1.32 |
Park Place Apartments | 2 Bedroom | 2BR,1.5BA | $1.42 |
Village Gate Apartments at Knightdale | The Pearl | 1BR,1BA | $1.73 |
Elevate Riverview | A1A | 1BR,1BA | $1.88 |
Brea Wendell Falls | A1B | 1BR,1BA | $2.26 |
Laurens Way | Bradford | 1BR,1BA | $1.65 |
Riverwood Villas | 1 bdr Biles | 1BR,1BA | $2.00 |
Walton Farms | Joyner | 1BR,1BA | $2.21 |
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Pet Friendly LifestyleStonewater, Raleigh, NC
Ranked #126
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Stonewater Apartments
What is the price of a cheap apartment in Stonewater?
The cheapest apartment in Stonewater is Laurens Way which is listed at $1,050, while the average apartment in Stonewater costs $2,149.
What types of apartments are the cheapest in Stonewater?
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 regular apartments in Stonewater 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 Stonewater?
Cheap apartments in Stonewater have an average cost of $177 which is $1,972 cheaper than the average rent for all rentals in Stonewater.
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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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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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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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.