Cheap Homes for Rent in Fayetteville, NC from $700 (170 Rentals)

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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.

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

property at 3210 Tallywood Dr

$900 - $1,000

2 To 3 Bedroom Rentals

Available Now

3210 Tallywood Dr

FayettevilleNC28303

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.

property at 1106 Clark St

$975

2 Bedroom Rentals

Available Now

1106 Clark St

FayettevilleNC28305

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.

Fayetteville, NC Local Guide

Cheapest Neighborhoods for Apartments in Fayetteville, NC

Pricing Updated: 06/14/2026

Current apartment rentals in the Fayetteville, NC area range in price from $725 to $3,400 with an overall median price of $2,463. The three Fayetteville neighborhoods with the lowest median rent pricing are Lake Francis Drake Park at $725, Westover at $945, and Lake Pines at $750. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Lake Francis Drake Park$1,700$72569
Westover$1,737$945104
Lake Pines$1,775$75053
Terry Sanford$1,837$85059
Downtown$1,887$1,1009
Brookwood$1,945$80060
Cedar Falls$1,995$1,10013
Downtown Fayetteville$2,000$75017
E E Smith$2,000$750106
Bonnie Doone$2,025$75042

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
Fieldcrest PropertiesFieldcrest1BR,1BA$775
Lake in the PinesPrimrose1BR,1BA$797
Cross Creek CoveA11BR,1BA$826
Claremont Hills1BR/1.0BA1BR,1BA$840
Hidden Creek Village1 bdrm/1 bath Reno1BR,1BA$861
Oakridge at Haymount1BR/1.0BA1BR,1BA$878

Best Value Apartments for Rent in Fayetteville, NC

As of June 14, 2026 the best value apartment in the Fayetteville area is the $1.03 price per square foot 3 Bedroom House Model at 7252 Ainsley St in the in the Westover neighborhood starting from $1,299. The second greatest value Fayetteville apartment is the Townhouse Model at Tartan Place starting at $1,149 with a $0.93 price per square foot in the King's Grant 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.
7252 Ainsley St3 Bedroom House3BR,1BA$1.03
Tartan PlaceTownhouse2BR,2.5BA$0.93
Hunter's RidgeTwo Bedroom2BR,2BA$1.04
Karen Lake ApartmentsThe Sapphire2BR,2BA$1.01
Wickford Court Apartments2 Beds, 1.5 Baths2BR,1.5BA$0.87
Morganton Arms Apartments2 Bedroom Classic, screened porch2BR,2BA$1.04
Austin Creek ApartmentsThe Cove2BR,2BA$1.04
Cedar Heights2BR/1.5BA2BR,1.5BA$0.93
Tallywood Arms Apartments2X2A2BR,2BA$1.00
Magnolia Crossing2BR/1.5BA2BR,1.5BA$1.01

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

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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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Fayetteville, NC
Population: 209,468

Ranked #109

in US Census Population by City

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

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Frequently Asked Questions about Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 422 Apartments for Rent in Fayetteville, NC with pricing that ranges from $500 to $4,734. There are also 636 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $725 to $3,295.

What is the current price range for Rental Homes in Fayetteville?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayetteville ranges from $725 to $3,295 with an average monthly rent of $1,763.

How much are larger Three and Four Bedroom Rentals in Fayetteville?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayetteville range from $1,190 to $4,734, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,296 and Four Bedroom Apartments start at $1,701.

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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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.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.