Cheap Homes for Rent in Fayetteville, NC from $500 (85 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

property at 418 Lake Ave

418 Lake Ave

Spring LakeNC28390

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Fayetteville, NC Local Guide

Cheapest Neighborhoods for Apartments in Fayetteville, NC

Pricing Updated: 06/30/2025

Current apartment rentals in the Fayetteville, NC area range in price from $525 to $3,300 with an overall median price of $2,368. The three Fayetteville neighborhoods with the lowest median rent pricing are Bonnie Doone at $800, Cedar Falls at $525, and Downtown at $1,166. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Bonnie Doone$1,400$80024
Cedar Falls$1,510$5259
Downtown$1,900$1,16610
Downtown Fayetteville$1,900$52520
Lake Pines$1,950$80043
Terry Sanford$1,950$60040
Douglas Byrd$2,000$90014
E E Smith$2,022$800124
Westover$2,022$800118
Bordeaux$2,095$82560

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 $700. GoodHomes Bordeaux in the Glendale Acres neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $785. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Cedar CreekSageStudio,1BA$700
GoodHomes BordeauxEvergreen WestStudio,1BA$785
Oakridge1BR/1.0BA1BR,1BA$800
Ramsey PinesThe Ramsey1BR,1BA$804
Forest Pointe1BR/1.0BA1BR,1BA$820
Claremont Hills1BR/1.0BA1BR,1BA$840
Meadowbrook Luxury Apartments1BR/1BA-S1BR,1BA$850
Carlson Bay Luxury Apartments1 Bed, 1 Bath Apartment - Apply Now!1BR,1BA$875
Branson Creek CommonsOne Bedroom1BR,1BA$878
ChanningA11BR,1BA$900

Best Value Apartments for Rent in Fayetteville, NC

As of June 30, 2025 the best value apartment in the Fayetteville area is the $1.00 price per square foot Garden Apartment Model at Tartan Place in the in the King's Grant neighborhood starting from $1,245. The second greatest value Fayetteville apartment is the The Sapphire Model at Karen Lake Apartments starting at $1,200 with a $1.00 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.
Tartan PlaceGarden Apartment2BR,2BA$1.00
Karen Lake ApartmentsThe Sapphire2BR,2BA$1.00
Tallywood Arms Apartments2X2.52BR,2.5BA$0.83
Hunter's Ridge ApartmentsTwo Bedroom2BR,2BA$0.97
Skyside Landing Apartments2BR/2.0BA2BR,2BA$0.95
Cedar Heights2BR/1.5BA2BR,1.5BA$0.99
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$0.90
Green Valley Apartments2 Bedroom Townhome2BR,1.5BA$0.90
Magnolia Crossing2BR/1.5BA2BR,1.5BA$0.98
Forest Pointe1BR/1.0BA1BR,1BA$1.01

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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Frequently Asked Questions about Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 411 Apartments for Rent in Fayetteville, NC with pricing that ranges from $650 to $4,180. There are also 511 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $525 to $3,300.

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 $525 to $3,300 with an average monthly rent of $1,772.

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 $1,039 to $4,180, while Three Bedroom Homes, Condos, and Townhomes for rent range from $895 to $3,300. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $1,701.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.