Cheap Apartments for Rent in the Cardinal Lake Neighborhood of Durham, NC from $700 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Cardinal Lake area of Durham.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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JFK Towers
1 Bedroom Apartments

JFK Towers

4900 N Roxboro StDurham, NC 27704
Senior Living

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Cardinal Lake, Durham, NC Local Guide

Cheapest Available Cardinal Lake Apartments for Rent

 

The cheapest available apartment rental in the Cardinal Lake area of Durham, NC is a Studio unit found at Vivo Living Durham priced from $805. The Oaks at Northgate has the second lowest priced unit, which is a 2 Beds apartment currently listed from $899. Here are the most affordable Cardinal Lake apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living DurhamThe Carolinas AStudio,1BA$805
The Oaks at NorthgateThe Oak2BR,1BA$899
Strawberry Hill Apartments1 Bed 1 Bath1BR,1BA$900
Crystal VillageEmerald1BR,1BA$949
SoHo Apartment Homes1x1 Standard-Call for Availability1BR,1BA$950
The Element Apartments1x1 Standard- Call for Availability1BR,1BA$1,050
Rippling Stream Townhomes2x1.52BR,1BA$1,054
Willowdaile11Z1BR,1BA$1,090
Regency Place Apartments1 Bedroom 1 Bathroom1BR,1BA$1,099
Reserve At StillwaterA1C1BR,1BA$1,120

Best Value Apartments for Rent in Cardinal Lake, NC

As of June 14, 2026 the best value apartment in the Cardinal Lake area is the $1.33 price per square foot Birchwood Model at Stonewood Apartments in the in the Downtown Durham neighborhood starting from $1,237. The second greatest value Cardinal Lake apartment is the 1A - 80% Model at Magnolia Pointe starting at $1,285 with a $1.56 price per square foot in the Downtown Durham neighborhood. Here is today’s list of the best values for Cardinal Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stonewood ApartmentsBirchwood2BR,1BA$1.33
Magnolia Pointe1A - 80%1BR,1BA$1.56
Rippling Stream Townhomes1x1.51BR,1.5BA$1.31
Element at CreeksideOne Bedroom1BR,1BA$1.48
Regency Place Apartments1 BEDROOM & 1 BATH1BR,1BA$1.50
Croasdaile11BZ1BR,1BA$1.64
Lodge at Croasdaile FarmC11BR,1BA$1.68
Strawberry Hill Apartments1 Bed 1 Bath1BR,1BA$1.38
The Oaks at NorthgateThe Magnolia1BR,1BA$1.38
Crystal VillageEmerald1BR,1BA$1.51

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.

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Real 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.

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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.

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Pet Friendly Lifestyle
Cardinal Lake, Durham, NC

Ranked #57

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across North Carolina including Cardinal Lake, Durham, and the greater Durham area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, family-friendly amenities, and more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Cardinal Lake Apartments

What is the price of a cheap apartment in Cardinal Lake?

The cheapest apartment in Cardinal Lake is The Oaks at Northgate which is listed at $900, while the average apartment in Cardinal Lake costs $1,630.

What types of apartments are the cheapest in Cardinal Lake?

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 48 regular apartments in Cardinal Lake 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 Cardinal Lake?

Cheap apartments in Cardinal Lake have an average cost of $348 which is $1,282 cheaper than the average rent for all rentals in Cardinal Lake.

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

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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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.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.