Cheap Apartments for Rent in Wake, VA from $700 (27 Rentals)

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

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Wake, VA Local Guide

Cheapest Available Wake Apartments for Rent and Nearby

 

The cheapest available apartment rental in Wake, VA is a 2 Beds unit found at Yorktown Square priced from $753. The Flats of Williamsburg in the Stonegate neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here is today’s list of the most affordable Wake apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Yorktown SquareTwo Bedroom One Bath Home2BR,1BA$753
The Flats of WilliamsburgStudio IStudio,1BA$950
Grande Oak - A 55+ community!2 Beds, 1.5 baths2BR,1BA$1,015
Lafayette Village Family ApartmentsThree Bed 2 Bath3BR,2BA$1,025
Burnt Ordinary Village1 Bedroom 1 Bathroom1BR,1BA$1,034
Olde Jamestowne Apartmentsone bedroom1BR,1BA$1,175
Regency at Longhill1BR (Small)1BR,1BA$1,200
Merrimac Crossing Apartment Homes1 Bed1BR,1BA$1,230
Quarterpath Place2 bed 2 bath2BR,2BA$1,250
Rolling Meadows Apartments - Tax Credit2 Bed 2 Bath2BR,2BA$1,277

Best Value Apartments for Rent in Wake, VA and Nearby

As of March 25, 2025 the best value apartment in the Wake area is the $1.34 price per square foot Somersby (with fireplace) Model at Chelsea At Lee Hall in the in the The Forest neighborhood starting from $1,930. The second greatest value Wake apartment is the Three Bedroom Model at Longhill Grove starting at $1,397 with a $1.10 price per square foot in the Longhill Grove neighborhood. Here is today’s list of the best values for Wake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Chelsea At Lee HallSomersby (with fireplace)3BR,2.5BA$1.34
Longhill GroveThree Bedroom3BR,2BA$1.10
Merrimac Crossing Apartment Homes3 Bed3BR,1.5BA$1.49
The Arbors at Williamsburg - Senior CommunityRed Maple2BR,2BA$1.66
Rolling Meadows Apartments - Tax Credit2 Bed 2 Bath2BR,2BA$1.28
Lafayette Village Family ApartmentsThree Bed 2 Bath3BR,2BA$1.03
Grande Oak - A 55+ community!2 Beds, 1.5 baths2BR,1.5BA$1.07
Yorktown SquareTwo Bedroom One Bath Home2BR,1BA$0.84
Quarterpath Place2 bed 2 bath2BR,2BA$1.67
Olde Jamestowne Apartmentsone bedroom1BR,1BA$1.60

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Frequently Asked Questions about Cheap Wake Apartments

What is the Cheapest Studio apartment in Wake?

Currently the most affordable Cheap Studio Apartment in Wake is at The Flats of Williamsburg listed at $950.

How much is rent for a Cheap One Bedroom Wake Apartment?

The lowest price for a Cheap One Bedroom Wake Apartment is $1,034 at Burnt Ordinary Village.

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

Today's best deal for a Cheap Two Bedroom Apartment in Wake is starting from $753 at Yorktown Square.

What is the most affordable Wake Three Bedroom Apartment?

The best deal on a cheap Wake Three Bedroom Apartment rental is at Lafayette Village Family Apartments and starts from $1,025.

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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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.

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How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.