Cheap Apartments for Rent in the Lake Francis Drake Park Neighborhood of Fayetteville, NC from $500 (46 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Lake Francis Drake Park area of Fayetteville.

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.

Read Article
property at 3212 Tallywood Dr

$900 - $1,000

2 To 3 Bedroom Rentals

Available Now

3212 Tallywood Dr

FayettevilleNC28303
property at 3214 Tallywood Dr

$900 - $1,000

2 To 3 Bedroom Rentals

Available Now

3214 Tallywood Dr

FayettevilleNC28303
property at 3210 Tallywood Dr

$900 - $1,000

2 To 3 Bedroom Rentals

Available Now

3210 Tallywood Dr

FayettevilleNC28303
close
View Me
Cumberland Towers
Rent Specials
$954 - $1,454
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $1,454
Total Monthly Price
$954 - $1,454
1 to 3 Bedroom Apartments Available Now

Cumberland Towers

2580 Cumberland Creek DrFayetteville, NC 28306
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Windtree Apartment Homes
Rent Specials
$1,005 - $1,210
Total Monthly Price

Total Monthly Price

Base Rent
$1,005 - $1,210
Total Monthly Price
$1,005 - $1,210
1 to 2 Bedroom Apartments Available Now

Windtree Apartment Homes

409 Tradewinds DrFayetteville, NC 28314
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

Read Article

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.

Read Article
close
View Me
Buckhead Apartments
1 to 2 Bedroom Apartments

Buckhead Apartments

4428 Kinkead CtFayetteville, NC 28314
  • Utilities Included

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.

Read Article
Showing Results 1-46, Page 1 of 1

Lake Francis Drake Park, Fayetteville, NC Local Guide

Cheapest Available Lake Francis Drake Park Apartments for Rent

 

The cheapest available apartment rental in the Lake Francis Drake Park area of Fayetteville, NC is a Studio unit found at GoodHomes Bordeaux priced from $750. Forest Pointe has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Lake Francis Drake Park apartments for rent in Fayetteville, NC:

Apartment ListingModel NameBed/BathPriced From
GoodHomes BordeauxEvergreen WestStudio,1BA$750
Forest Pointe1BR/1.0BA1BR,1BA$850
Amora West1 Bedroom 1 Bath1BR,1BA$899
Century Oaks Apartments1 Bedroom1BR,1BA$900
Vue Apartment Homes1x1 Classic-Call for Availability1BR,1BA$900
Cross Creek CoveA11BR,1BA$915
Tallywood Arms Apartments2X2.52BR,2BA$945
Cumberland TowersDogwood1BR,1BA$954
Chason Ridge Apartment HomesTwo Bedroom 2 Bath2BR,2BA$965
Keystone Apartments1 x 1 Remodel1BR,1BA$999

Best Value Apartments for Rent in Lake Francis Drake Park, NC

As of August 20, 2026 the best value apartment in the Lake Francis Drake Park area is the $1.28 price per square foot The Pavillion Model at The Grove at Park Place in the in the Evergreen Estates neighborhood starting from $1,699. The second greatest value Lake Francis Drake Park apartment is the 3/1.5-R Model at Residences at Fayetteville starting at $1,249 with a $1.13 price per square foot in the Stratford Hills neighborhood. Here is today’s list of the best values for Lake Francis Drake Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grove at Park PlaceThe Pavillion3BR,2BA$1.28
Residences at Fayetteville3/1.5-R3BR,1.5BA$1.13
Amora East Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.07
Tallywood Arms Apartments2X2A2BR,2BA$1.00
Cliff Creek ApartmentsCove1BR,1BA$1.34
Chason Ridge Apartment HomesOne Bedroom1BR,1BA$1.28
Buckhead ApartmentsThe Willow1BR,1BA$1.35
Century Oaks Apartments1 Bedroom1BR,1BA$1.29
Amora West1 Bedroom 1 Bath1BR,1BA$1.38
Forest Pointe1BR/1.0BA1BR,1BA$1.42

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Best Local Schools in
Lake Francis Drake Park, Fayetteville, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Francis Drake Park Apartments

What is a cheap apartment in Lake Francis Drake Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Francis Drake Park is under $999.

What is the price of a cheap apartment in Lake Francis Drake Park?

The cheapest apartment in Lake Francis Drake Park is Forest Pointe which is listed at $850, while the average apartment in Lake Francis Drake Park costs $1,129.

What types of apartments are the cheapest in Lake Francis Drake Park?

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 14 regular apartments in Lake Francis Drake Park 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 Lake Francis Drake Park?

Cheap apartments in Lake Francis Drake Park have an average cost of $790 which is $339 cheaper than the average rent for all rentals in Lake Francis Drake Park.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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 Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.