
Cheap Apartments for Rent in the Riverwood Neighborhood of Clayton, NC from $700 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverwood area of Clayton.


The Arbors at East Village

Reserve at Glen Laurel
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.

Pines at Glen Laurel Luxury Apartments

Buckhorn Branch

Walton Farms
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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.

Clayton Manor
Riverwood, Clayton, NC Local Guide

How much does it cost to rent an apartment in Riverwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverwood 1 Bedroom Apartments | $1,494 | $1,371 | $1,577 |
| Riverwood 2 Bedroom Apartments | $1,678 | $1,390 | $1,880 |
| Riverwood 3 Bedroom Apartments | $1,896 | $1,529 | $2,025 |
Browse Apartments in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Riverwood Neighborhood of Clayton, NC.
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Riverwood, Clayton, NC Local Guide
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Cheapest Available Riverwood Apartments for Rent
 The cheapest available apartment rental in the Riverwood area of Raleigh, NC is a 2 Beds unit found at Pines at Glen Laurel Luxury Apartments priced from $1,355. Cobblers Station has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,390. Here are the most affordable Riverwood apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pines at Glen Laurel Luxury Apartments | The Elyse | 2BR,2BA | $1,355 |
| Cobblers Station | 2 bed 1 bath | 2BR,1BA | $1,390 |
| Spinning Mill Lofts | The Whitley | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Riverwood, NC
As of June 08, 2026 the best value apartment in the Riverwood 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 Riverwood apartment is the The Dogwood Model at The Arbors at East Village starting at $1,416 with a $1.55 price per square foot in the Riverwood neighborhood. Here is today’s list of the best values for Riverwood 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 Dogwood | 1BR,1BA | $1.55 |
| Cobblers Station | 2 bed 1 bath | 2BR,1BA | $1.74 |
| Spinning Mill Lofts | The Whitley | 1BR,1BA | $2.02 |
| Pines at Glen Laurel Luxury Apartments | The Brayden | 1BR,1BA | $1.85 |
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.
Pet Friendly LifestyleRiverwood, Clayton, NC
Ranked #1
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Riverwood Apartments
How much is rent for a Cheap One Bedroom Riverwood Apartment?
The lowest price for a Cheap One Bedroom Riverwood Apartment is $1,371 at Pines at Glen Laurel Luxury Apartments.
What is the lowest price for a Cheap Two Bedroom Riverwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Riverwood is starting from $1,390 at Cobblers Station.
What is the most affordable Riverwood Three Bedroom Apartment?
The best deal on a cheap Riverwood Three Bedroom Apartment rental is at Cobblers Station and starts from $1,529.
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.
Helpful Local Expert Guides

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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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Pet-Friendly Renting: Everything You Need to Know Before You Move
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.