Cheap Homes for Rent in Fayetteville, NC from $500 (116 Rentals)

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

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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property at 116 Oates Dr

116 Oates Dr

FayettevilleNC28311

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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property at 5747 Aftonshire Dr

5747 Aftonshire Dr

FayettevilleNC28304

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.

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property at 820 Pilot Ave

820 Pilot Ave

FayettevilleNC28303

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.

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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.

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Fayetteville, NC Local Guide

Cheapest Neighborhoods for Apartments in Fayetteville, NC

Pricing Updated: 11/13/2025

Current apartment rentals in the Fayetteville, NC area range in price from $500 to $2,219 with an overall median price of $1,601. The three Fayetteville neighborhoods with the lowest median rent pricing are Evergreen Estates at $800, Brookwood at $789, and Lake Francis Drake Park at $800. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Evergreen Estates$1,319$800112
Brookwood$1,328$78943
Lake Francis Drake Park$1,415$800159
Stratford Hills$1,415$800177
Buckhead$1,430$800205
King's Grant$1,455$80080
Lake Pines$1,465$71248
Terry Sanford$1,465$71263
Cape Fear$1,475$80073
Cumberland Heights$1,482$85035

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 $750. Lake in the Pines in the Terry Sanford neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $783. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Cedar CreekOliveStudio,1BA$750
Lake in the PinesOrchid1BR,1BA$783
Branson Creek Commons1 Bed 1Bath1BR,1BA$810
Claremont Hills1BR/1.0BA1BR,1BA$840
Cumberland TowersDogwood1BR,1BA$849
Century Oaks Apartments5874-F1BR,1BA$850
Ramsey PinesThe Pine2BR,1BA$850
King George Townhomes2 Bedroom2BR,1BA$850
Morganton Place Apartment HomesOne Bedroom - 695 sqft1BR,1BA$875

Best Value Apartments for Rent in Fayetteville, NC

As of November 13, 2025 the best value apartment in the Fayetteville area is the $1.00 price per square foot 3A Gold Model at The Amelia in the in the Lockwood neighborhood starting from $1,650. The second greatest value Fayetteville apartment is the The Magellan - Roommate Option Model at Randolph Pointe @ Fort Bragg starting at $900 with a $0.74 price per square foot in the Pine Forest 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.
The Amelia3A Gold3BR,2BA$1.00
Randolph Pointe @ Fort BraggThe Magellan - Roommate Option2BR,2BA$0.74
Tallywood Arms Apartments2X2.52BR,2.5BA$0.83
Hunter's RidgeTwo Bedroom2BR,2BA$0.98
Cedar Heights2BR/1.5BA2BR,1.5BA$0.99
Lakehurst ApartmentsDogwood2BR,2BA$0.93
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$0.95
Green Valley Apartments2 Bedroom Townhome2BR,1.5BA$0.90
Willow Run ApartmentsTwo Bedroom Two Bath Small2BR,2BA$0.97
Ramsey PinesThe Ramsey1BR,1BA$1.00

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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, NC
Population: 209,468

Ranked #109

in US Census Population by City

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Pet Friendly Lifestyle
Fayetteville, NC

Ranked #22

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Explore Fayetteville, NC Rentals by Map

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See the most popular apartments and homes in Fayetteville, NC

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Fayetteville, NC Rental Homes Map

Frequently Asked Questions about Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 398 Apartments for Rent in Fayetteville, NC with pricing that ranges from $500 to $2,219. There are also 678 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $560 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 $560 to $3,295 with an average monthly rent of $1,822.

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 $1,224 to $2,219, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,250 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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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.