Cheap Apartments for Rent in the Lake Francis Neighborhood of Fayetteville, NC from $338 (132 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 3212 Tallywood Dr
$900 - $1,000
2 To 3 Bedroom Rentals
Available Now
Affordability

3212 Tallywood Dr

FayettevilleNC28303
property at 3214 Tallywood Dr
$900 - $1,000
2 To 3 Bedroom Rentals
Available Now
Affordability

3214 Tallywood Dr

FayettevilleNC28303
property at 6400 Starbrook Dr
$900 - $1,000
1 To 2 Bedroom Rentals
Available Now
Affordability

6400 Starbrook Dr

FayettevilleNC28304
property at 3210 Tallywood Dr
$900 - $1,000
2 To 3 Bedroom Rentals
Available Now
Affordability

3210 Tallywood Dr

FayettevilleNC28303

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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Cumberland Towers
Rent Specials
$954 - $1,454

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
property at 1404 Tangora Ln
$990
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

1404 Tangora Ln

FayettevilleNC28304
property at 150 Oak St
$1,000
2 Bedroom Rentals
Available Now
Affordability

150 Oak St

FayettevilleNC28306
property at 142 Oak St
$1,000
2 Bedroom Rentals
Available Now
Affordability

142 Oak St

FayettevilleNC28306

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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property at 122 Oak St
$1,000
2 Bedroom Rentals
Available Now
Affordability

122 Oak St

FayettevilleNC28306
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Windtree Apartment Homes
Rent Specials
$1,005 - $1,210

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
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The Summit on 401
Rent Specials
$1,089 - $2,299

Total Monthly Price

Base Rent$1,089 - $2,299
Total Monthly Price$1,089 - $2,299
1 to 3 Bedroom Apartments Available Now

The Summit on 401

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

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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property at 6514 Schaffer Pl
$1,150

Total Monthly Price

Base Rent$1,150
Total Monthly Price$1,150
3 Bedroom, 1.5 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

6514 Schaffer Pl

FayettevilleNC28314
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property at 6201 McDougal Dr
$1,300

Total Monthly Price

Base Rent$1,300
Total Monthly Price$1,300
3 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

6201 McDougal Dr

FayettevilleNC28304

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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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. Century Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Lake Francis apartments for rent in Fayetteville, NC:

Apartment ListingModel NameBed/BathPriced From
GoodHomes BordeauxEvergreen EastStudio,1BA$750
Century Oaks Apartments5874-F1BR,1BA$835
Forest Pointe1BR/1.0BA1BR,1BA$850
Cross Creek CoveA11BR,1BA$893
ChanningA11BR,1BA$895
Amora West1 Bedroom 1 Bath1BR,1BA$899
Vue Apartment Homes1x1 Classic-Call for Availability1BR,1BA$900
Timber WoodsMahogany1BR,1BA$913
Tallywood Arms Apartments2X2.52BR,2BA$945
Carlson Bay Luxury Apartments1BR/1BA-S1BR,1BA$950

Best Value Apartments for Rent in Lake Francis, NC

As of September 06, 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 Cypress Model at Cumberland Towers starting at $1,454 with a $1.21 price per square foot in the Evergreen Estates 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
Cumberland TowersCypress3BR,2BA$1.21
BirchfieldBurgess 2 Bedroom2BR,2BA$1.26
Amora East Townhomes2 Bed 2 Bath Townhome2BR,2BA$1.07
Tallywood Arms Apartments2X2A2BR,2BA$1.00
The Mills2/22BR,2BA$1.05
Chason Ridge Apartment HomesOne Bedroom1BR,1BA$1.20
Buckhead ApartmentsThe Willow1BR,1BA$1.30
Century Oaks Apartments5858-F1BR,1BA$1.29
ChanningA11BR,1BA$1.32

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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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.

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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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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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Pet Friendly Lifestyle
Lake Francis, Fayetteville, NC

Ranked #7

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
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 $950.

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

The cheapest apartment in Lake Francis is Century Oaks Apartments which is listed at $835, while the average apartment in Lake Francis costs $1,204.

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 9 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 $726 which is $478 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.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.