
Cheap Apartments for Rent near Bailey, NC from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in Bailey.


Briarcliff Apartments

Park Village Apartments

Beacon Pointe - Wilson

Studio 13

The Lofts at Whirligig Station

Tau Valley

The Bluebird
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Villages at Heritage Place Apartments

Wellongate Apartments

Total Monthly Price
Centro at Pine Nash

Berkshire Park

Nash Street Lofts

Total Monthly Price
Laurens Way

Total Monthly Price
Gladwen Wendell Falls

Summit Place Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Park Place Apartments

Village Gate Apartments at Knightdale

Total Monthly Price
The Lofts at Knightdale Station

Five Points Crossing

Pender Crossing

Ravenwood Crossing

5700 Stone Whitley Rd

Hampton Village Rocky Mount
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Caswell at Arlington

7095 Old Bailey Hwy

2121 Glendale Dr SW

1111 Crawford St S

401 Kenan St W

Cameron

1706 Carolina St E

5742 Stone Whitley Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2636 S Old Franklin Rd

Riverwood Villas

1115 Arrington Ave SW

Walton Farms

Century Grove Park

Thornberry Park

311 Daniel St W

515 Dale St SW
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Bailey, NC Local Guide

How much does it cost to rent an apartment in Bailey?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bailey Studio Apartments | $1,263 | $1,158 | $1,370 |
| Bailey 1 Bedroom Apartments | $1,441 | $899 | $1,925 |
| Bailey 2 Bedroom Apartments | $1,778 | $925 | $2,349 |
| Bailey 3 Bedroom Apartments | $2,096 | $1,100 | $3,165 |
| Bailey 4 Bedroom Apartments | $2,797 | $1,399 | $3,184 |
Browse Top Apartments in Bailey
See all Apartments in BaileyExplore Bailey
Bailey, NC Local Guide
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Cheapest Available Bailey Apartments for Rent and Nearby
 The cheapest available apartment rental in Bailey, NC is a 2 Beds unit found at Five Points Crossing priced from $610. Pender Crossing in the Westwood Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $620. Here is today’s list of the most affordable Bailey apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Five Points Crossing | Two Bedroom | 2BR,1BA | $610 |
| Pender Crossing | Two Bedroom | 2BR,1BA | $620 |
| Ravenwood Crossing | 2 Bedroom | 2BR,2BA | $633 |
| College Court | 1 Bedroom - Upgraded | 1BR,1BA | $899 |
| Briarcliff Apartments | 2x1 | 2BR,1BA | $950 |
| Cameron | A1 | 1BR,1BA | $984 |
| Park Village Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| Beacon Pointe - Wilson | 2 Bedrooms | 2BR,1BA | $1,003 |
| Studio 13 | One Bedroom-Unfurnished | 1BR,1BA | $1,050 |
| Tau Valley | 1 Bed, 1 Bath | 1BR,1BA | $1,102 |
Best Value Apartments for Rent in Bailey, NC and Nearby
As of August 19, 2026 the best value apartment in the Bailey area is the $1.32 price per square foot Bailey 2 Model at Walton Farms in the in the Churchill neighborhood starting from $2,000. The second greatest value Bailey apartment is the The Magnolia Model at The Arbors at East Village starting at $1,832 with a $1.25 price per square foot in the Riverwood neighborhood. Here is today’s list of the best values for Bailey apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walton Farms | Bailey 2 | 3BR,2.5BA | $1.32 |
| The Arbors at East Village | The Magnolia | 3BR,2BA | $1.25 |
| Ravenwood Crossing | 2 Bedroom | 2BR,2BA | $0.65 |
| Summit Place Apartments | 2 Bed 2 Bath | 2BR,2BA | $1.31 |
| Briarcliff Apartments | 2x1 | 2BR,1BA | $1.04 |
| Five Points Crossing | Two Bedroom | 2BR,1BA | $0.67 |
| Pender Crossing | Two Bedroom | 2BR,1BA | $0.68 |
| Park Village Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Beacon Pointe - Wilson | 2 Bedrooms | 2BR,1BA | $1.19 |
| College Court | 1 Bedroom - Upgraded | 1BR,1BA | $1.16 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bailey, NC Rentals by Map
See the most popular apartments and homes in Bailey, NC
Frequently Asked Questions about Cheap Bailey Apartments
What is the Cheapest Studio apartment in Bailey?
Currently the most affordable Cheap Studio Apartment in Bailey is at Centro at Pine Nash listed at $1,173.
How much is rent for a Cheap One Bedroom Bailey Apartment?
The lowest price for a Cheap One Bedroom Bailey Apartment is $899 at College Court.
What is the lowest price for a Cheap Two Bedroom Bailey Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bailey is starting from $610 at Five Points Crossing.
What is the most affordable Bailey Three Bedroom Apartment?
The best deal on a cheap Bailey Three Bedroom Apartment rental is at Pender Crossing and starts from $690.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.