
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.


Spinning Mill Lofts

Reserve at Glen Laurel
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Pines at Glen Laurel Luxury Apartments

Buckhorn Branch

Walton Farms
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.

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 | $1,415 | $1,299 | $1,925 |
| Riverwood 2 Bedroom Apartments | $1,609 | $1,390 | $2,410 |
| Riverwood 3 Bedroom Apartments | $1,895 | $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.
See all Apartments in ClaytonExplore Clayton
Riverwood, Clayton, NC Local Guide
- Nearby Clayton neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Riverwood Apartments for Rent
 The cheapest available apartment rental in the Riverwood area of Raleigh, NC is a 1 Bed unit found at Spinning Mill Lofts priced from $1,299. The Arbors at East Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,416. Here are the most affordable Riverwood apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Spinning Mill Lofts | The Whitley | 1BR,1BA | $1,299 |
| The Arbors at East Village | The Dogwood | 1BR,1BA | $1,416 |
| Reserve at Glen Laurel | Abigail | 1BR,1BA | $1,424 |
Best Value Apartments for Rent in Riverwood, NC
As of July 23, 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 |
| Reserve at Glen Laurel | Abigail | 1BR,1BA | $1.72 |
| Spinning Mill Lofts | The Whitley | 1BR,1BA | $1.75 |
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
3.5Pet 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 $1,299 at Spinning Mill Lofts.
What is the most affordable Riverwood Three Bedroom Apartment?
The best deal on a cheap Riverwood Three Bedroom Apartment rental is at The Arbors at East Village and starts from $1,832.
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

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

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.
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.

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.