Cheap Apartments for Rent in the Lake Francis Neighborhood of Fayetteville, NC from $300 (122 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Francis 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.

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property at 6400 Starbrook Dr

$900 - $1,000

1 To 2 Bedroom Rentals

Available Now

6400 Starbrook Dr

FayettevilleNC28304
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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.

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property at 122 Oak St

$1,000

2 Bedroom Rentals

Available Now

122 Oak St

FayettevilleNC28306
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Windtree Apartment Homes
$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
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  • Utilities Included
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The Summit on 401
Rent Specials
$1,059 - $2,390
Total Monthly Price

Total Monthly Price

Base Rent
$1,059 - $2,390
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Summit on 401

3325 Oak Forest DrFayetteville, NC 28314
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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.

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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.

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2812 Little Dr
2 Bedroom Apartments

2812 Little Dr

2812 Little DrFayetteville, NC 28314

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

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Lake Francis, Fayetteville, NC Local Guide

Cheapest Available Lake Francis Apartments for Rent

 

The cheapest available apartment rental in the Lake Francis 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 $895. Here are the most affordable Lake Francis apartments for rent in Fayetteville, NC:

Apartment ListingModel NameBed/BathPriced From
GoodHomes BordeauxEvergreen WestStudio,1BA$750
Forest Pointe1BR/1.0BA1BR,1BA$895
Amora West1 Bedroom 1 Bath1BR,1BA$899
Vue Apartment Homes1x1 Classic-Call for Availability1BR,1BA$900
ChanningA11BR,1BA$910
Cross Creek CoveA11BR,1BA$911
Keystone Apartments1 Bed 1 Bath1BR,1BA$925
Tallywood Arms Apartments2X2.52BR,2BA$945
Carlson Bay Luxury Apartments1BR/1BA-S1BR,1BA$950
Cumberland TowersDogwood1BR,1BA$954

Best Value Apartments for Rent in Lake Francis, NC

As of July 23, 2026 the best value apartment in the Lake Francis area is the $0.96 price per square foot 2 bedroom 2 bath Model at Burton Wyndfall Apartments in the in the Lake Francis neighborhood starting from $1,225. The second greatest value Lake Francis 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 apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Burton Wyndfall Apartments2 bedroom 2 bath2BR,2BA$0.96
Residences at Fayetteville3/1.5-R3BR,1.5BA$1.13
Century Oaks Apartments5853-G2BR,1BA$1.09
BirchfieldBurgess 2 Bedroom2BR,2BA$1.26
Amora East Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.07
The Cole ApartmentsThe Hampton2BR,2BA$1.16
Tallywood Arms Apartments2X2A2BR,2BA$1.00
The Mills2/22BR,2BA$1.05
Forest Pointe1BR/1.0BA1BR,1BA$1.10
Chason Ridge Apartment HomesOne Bedroom1BR,1BA$1.25

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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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.

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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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Pet Friendly Lifestyle
Lake Francis, Fayetteville, NC

Ranked #5

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Best Local Schools in
Lake Francis, Fayetteville, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Fayetteville. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and proximity to parks, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lake Francis Apartments

What is a cheap apartment in Lake Francis?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Francis is under $954.

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

The cheapest apartment in Lake Francis is Forest Pointe which is listed at $895, while the average apartment in Lake Francis costs $2,400.

What types of apartments are the cheapest in Lake Francis?

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 13 regular apartments in Lake Francis 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?

Cheap apartments in Lake Francis have an average cost of $789 which is $1,611 cheaper than the average rent for all rentals in Lake Francis.

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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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 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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.