Cheap Homes for Rent in Lake Francis Drake Park Neighborhood of Fayetteville, NC from $600 (20 Rentals)

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

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.

property at 209 Spears Dr

$900

2 Bedroom Rentals

Available Now

209 Spears Dr

FayettevilleNC28304

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.

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 $775. Century Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable Lake Francis Drake Park apartments for rent in Fayetteville, NC:

Apartment ListingModel NameBed/BathPriced From
GoodHomes BordeauxEvergreen WestStudio,1BA$775
Century Oaks Apartments5874-C1BR,1BA$800
Forest Pointe1BR/1.0BA1BR,1BA$820
Cross Creek CoveA11BR,1BA$841
Vue Apartment Homes1x1 Classic-Call for Availability1BR,1BA$900

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

As of April 30, 2026 the best value apartment in the Lake Francis Drake Park area is the $1.13 price per square foot Harbor Model at Cliff Creek Apartments in the in the Stratford Hills neighborhood starting from $1,495. The second greatest value Lake Francis Drake Park apartment is the 2 Bed 2 Bath Townhome Model at Amora East starting at $1,155 with a $1.13 price per square foot in the Lockwood 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.
Cliff Creek ApartmentsHarbor3BR,2BA$1.13
Amora East2 Bed 2 Bath Townhome2BR,2BA$1.13
Tallywood Arms Apartments2X2A2BR,2BA$1.00
Residences at Fayetteville2/1.5-R2BR,1.5BA$1.05
Cumberland TowersMagnolia, Juniper and Julia2BR,2BA$1.39
Chason Ridge Apartment HomesOne Bedroom1BR,1BA$1.28
Buckhead ApartmentsThe Willow1BR,1BA$1.31
Century Oaks Apartments5845-F1BR,1BA$1.29
Cross Creek CoveA11BR,1BA$1.36
Forest Pointe1BR/1.0BA1BR,1BA$1.37

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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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 Lake Francis Drake Park

What type of rentals are currently available in Lake Francis Drake Park?

There are currently 48 Apartments for Rent in Lake Francis Drake Park, NC with pricing that ranges from $750 to $1,815. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Francis Drake Park ranging from $699 to $2,600.

What is the current price range for Rental Homes in Lake Francis Drake Park?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Francis Drake Park ranges from $699 to $2,600 with an average monthly rent of $1,272.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.