Cheap Apartments for Rent in the Walnut Creek Neighborhood of Raleigh, NC from $500 (26 Rentals)

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

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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
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Walnut Woods Apartments
2 to 3 Bedroom Apartments

Walnut Woods Apartments

3417 Middle Branch RdRaleigh, NC 27610
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
Showing Results 1-26, Page 1 of 1

Walnut Creek, Raleigh, NC Local Guide

Cheapest Available Walnut Creek Apartments for Rent

 

The cheapest available apartment rental in the Walnut Creek area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,112. Trails Corner Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here are the most affordable Walnut Creek apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,112
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
Pines of AshtonAspen1BR,1BA$1,150
Sunnybrook ResidencesDesign EAStudio,1BA$1,178
The FalstaffCypressStudio,1BA$1,199
South Ridge2 Bed 1 Bath2BR,1BA$1,200
Olde Towne ResidencesDesign EAStudio,1BA$1,233
Abberly Grove Apartment HomesBiltmore with Sunroom1BR,1BA$1,258
Allora SouthviewS1Studio,1BA$1,260
The LincolnThe Hub StudioStudio,1BA$1,280

Best Value Apartments for Rent in Walnut Creek, NC

As of March 26, 2025 the best value apartment in the Walnut Creek area is the $0.84 price per square foot 3528 Eastern Branch Rd Model at 3528 Eastern Branch Rd in the in the East Raleigh neighborhood starting from $2,260. The second greatest value Walnut Creek apartment is the 1414 Southgate Dr Model at 1414 Southgate Dr starting at $2,065 with a $0.93 price per square foot in the Oakwood neighborhood. Here is today’s list of the best values for Walnut Creek apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3528 Eastern Branch Rd3528 Eastern Branch Rd3BR,2.5BA$0.84
1414 Southgate Dr1414 Southgate Dr3BR,2.5BA$0.93
2509 Australia Dr2509 Australia Dr3BR,2.5BA$1.21
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
4305 Rock Quarry Rd, Unit 4307 Rock Quarry Road4305 Rock Quarry Rd3BR,2BA$1.54
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
Walnut RidgeTwo Bedroom2BR,2BA$1.36
Abberly Grove Apartment HomesBiltmore with Sunroom1BR,1BA$1.56
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Pines of AshtonAspen1BR,1BA$2.09

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Pet Friendly Lifestyle
Walnut Creek, Raleigh, NC

Ranked #101

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
Walnut Creek, Raleigh, NC

School data provided by Great Schools

Best Local Schools in
Walnut Creek, Raleigh, NC

School data provided by Great Schools

Getting Around the Walnut Creek Neighborhood in Raleigh, NC

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

25 / 100

Some Transit

A few nearby public transportation options

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 Walnut Creek Apartments

What is a cheap apartment in Walnut Creek?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Walnut Creek is under $1,280.

What is the price of a cheap apartment in Walnut Creek?

The cheapest apartment in Walnut Creek is Capital Flats & Magnolia Square Apartments which is listed at $1,112, while the average apartment in Walnut Creek costs $2,242.

What types of apartments are the cheapest in Walnut Creek?

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 498 regular apartments in Walnut Creek 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 Walnut Creek?

Cheap apartments in Walnut Creek have an average cost of $1,066 which is $1,176 cheaper than the average rent for all rentals in Walnut Creek.

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.

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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.

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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.

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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.