Cheap Homes for Rent in Fayetteville, NC from $500 (95 Rentals)

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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 418 Lake Ave

418 Lake Ave

Spring LakeNC28390

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 1153 Tammy St

1153 Tammy St

FayettevilleNC28311

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.

property at 6408 Ezras Ct

6408 Ezras Ct

FayettevilleNC28304
property at 820 Pilot Ave

820 Pilot Ave

FayettevilleNC28303

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: 07/30/2025

Current apartment rentals in the Fayetteville, NC area range in price from $595 to $6,692 with an overall median price of $2,129. The three Fayetteville neighborhoods with the lowest median rent pricing are Brookwood at $595, Lake Francis Drake Park at $785, and Cape Fear at $700. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Fayetteville Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Brookwood$1,331$59548
Lake Francis Drake Park$1,384$785234
Cape Fear$1,472$700124
Terry Sanford$1,510$59538
Lake Pines$1,547$74528
King's Grant$1,575$80451
Westover$1,595$725211
Downtown$1,600$79529
Jack Britt Porter Place$1,600$67518
Bordeaux$1,622$785173

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. Village at Cliffdale Apartment Homes in the Westover neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $755. Here is today’s list of the most affordable Fayetteville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
GoodHomes Cedar CreekOliveStudio,1BA$700
Village at Cliffdale Apartment HomesOne Bedroom1BR,1BA$755
GoodHomes BordeauxEvergreen EastStudio,1BA$785
Lake in the PinesPrimrose1BR,1BA$796
Ramsey PinesThe Ramsey1BR,1BA$804
Forest Pointe1BR/1.0BA1BR,1BA$820
Claremont Hills1BR/1.0BA1BR,1BA$840
Oakridge1BR/1.0BA1BR,1BA$850
Meadowbrook Luxury Apartments1BR/1BA-S1BR,1BA$850
Carlson Bay Luxury Apartments1 Bed, 1 Bath Apartment - Apply Now!1BR,1BA$875

Best Value Apartments for Rent in Fayetteville, NC

As of July 30, 2025 the best value apartment in the Fayetteville area is the $0.83 price per square foot 2X2.5 Model at Tallywood Arms Apartments in the in the Lockwood neighborhood starting from $995. The second greatest value Fayetteville apartment is the Two Bedroom Model at Hunter's Ridge Apartments starting at $1,123 with a $0.94 price per square foot in the Lockwood 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.
Tallywood Arms Apartments2X2.52BR,2.5BA$0.83
Hunter's Ridge ApartmentsTwo Bedroom2BR,2BA$0.94
Karen Lake ApartmentsThe Sapphire2BR,2BA$1.00
Skyside Landing Apartments2BR/2.0BA2BR,2BA$0.95
Cedar Heights2BR/1.5BA2BR,1.5BA$0.93
Lakehurst ApartmentsDogwood2BR,2BA$0.93
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$0.90
Green Valley Apartments2 Bedroom Townhome2BR,1.5BA$0.90
Magnolia Crossing2BR/1.5BA2BR,1.5BA$0.98
Ramsey PinesThe Ramsey1BR,1BA$0.95

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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Frequently Asked Questions about Fayetteville

What type of rentals are currently available in Fayetteville?

There are currently 420 Apartments for Rent in Fayetteville, NC with pricing that ranges from $595 to $6,692. There are also 531 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville ranging from $575 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 $575 to $3,295 with an average monthly rent of $1,737.

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 $4,506, while Three Bedroom Homes, Condos, and Townhomes for rent range from $575 to $3,295. Four Bedroom Single-Family rentals are also available starting from $1,395 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

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

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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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.