Cheap Apartments for Rent in Fayetteville, NC from $300 (314 Rentals)

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

property at 420 Andros Dr

$700

1 Bedroom Rentals

Available Now

420 Andros Dr

FayettevilleNC28314

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.

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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.

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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.

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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.

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property at 6400 Starbrook Dr

$900 - $1,000

1 To 2 Bedroom Rentals

Available Now

6400 Starbrook Dr

FayettevilleNC28304

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.

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Fayetteville, NC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Fayetteville, NC

Pricing Updated: 07/24/2026

Current apartment rentals in the Fayetteville, NC area range in price from $500 to $5,272 with an overall median price of $2,796. The three Fayetteville neighborhoods with the lowest median rent pricing are Buckhead at $750, Lake Francis Drake Park at $750, and Downtown Fayetteville at $749. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Buckhead$1,330$750160
Lake Francis Drake Park$1,330$750110
Downtown Fayetteville$1,450$7498
Evergreen Estates$1,454$75081
Cape Fear$1,525$65049
King's Grant$1,525$80057
Lake Pines$1,543$73169
Terry Sanford$1,543$73184
Bordeaux$1,563$75064
Briarwood$1,563$75045

Cheapest Available Fayetteville Apartments for Rent

 

The cheapest available apartment rental in Fayetteville, NC is a Studio unit found at GoodHomes Cedar Creek in the Cedar Falls neighborhood priced from $650. Wilson Place in the Woodlands neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $725. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Cedar CreekOliveStudio,1BA$650
Wilson Place1 Beds, 1 Baths1BR,1BA$725
GoodHomes BordeauxEvergreen WestStudio,1BA$750
Lake in the PinesPrimrose1BR,1BA$797
Claremont Hills1BR/1.0BA1BR,1BA$840
Oakridge at Haymount1BR/1.0BA1BR,1BA$850
Lakeshore Harbour TownhomesMiller1BR,1BA$850
Branson Creek Commons1 Bed 1Bath1BR,1BA$855
Highlander Apartments1BD/1BA1BR,1BA$895

Best Value Apartments for Rent in Fayetteville, NC

As of July 24, 2026 the best value apartment in the Fayetteville area is the $1.06 price per square foot The Ramsey Model at Village Chase Apartments in the in the Brookwood neighborhood starting from $1,400. The second greatest value Fayetteville apartment is the The Sapphire Model at Karen Lake Apartments starting at $1,210 with a $1.01 price per square foot in the Eutaw neighborhood. Here is today’s list of the best values for Fayetteville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Village Chase ApartmentsThe Ramsey3BR,2BA$1.06
Karen Lake ApartmentsThe Sapphire2BR,2BA$1.01
Hunter's RidgeTwo Bedroom2BR,2BA$0.85
Cedar Heights2BR/1.5BA2BR,1.5BA$0.99
Skyside Landing Apartments2BR/2.0BA2BR,2BA$0.90
Lakehurst ApartmentsDogwood2BR,2BA$0.93
The Mills2/22BR,2BA$1.05
Tallywood Arms Apartments2X2A2BR,2BA$1.00
Magnolia Crossing2BR/1.5BA2BR,1.5BA$1.01
Wilson Place1 Beds, 1 Baths1BR,1BA$0.85

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.

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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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Quick 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.

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Fayetteville Overview

The city of Fayetteville, NC is a culture-rich city in a beautiful country setting. Numerous parks, gorgeous scenery, and delicious food are just a few of Fayetteville’s offerings. The city has a great downtown area full of shopping, dining, and fun activities for the whole family. And there is no limit to the joy you can find living in the fantastic options of apartments in Fayetteville.

Why live in Fayetteville, NC?

Fayetteville apartments make for an affordable place to live with activities for all ages. You’ll find that the city is extremely patriotic with major museums and historical landmarks for war memorials and veterans. The city also has fun events year round for the whole family to enjoy. You’ll find yourself immersed in culture, shopping, and great dining here.

Fayetteville, NC
Population: 209,468

Ranked #109

in US Census Population by City

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Best Local Schools in
Fayetteville, NC

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Fayetteville Apartments

What is a cheap apartment in Fayetteville?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fayetteville is under $895.

What is the price of a cheap apartment in Fayetteville?

The cheapest apartment in Fayetteville is Wilson Place which is listed at $725, while the average apartment in Fayetteville costs $2,796.

What types of apartments are the cheapest in Fayetteville?

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 227 regular apartments in Fayetteville 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 Fayetteville?

Cheap apartments in Fayetteville have an average cost of $648 which is $2,148 cheaper than the average rent for all rentals in Fayetteville.

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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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.