Cheap Apartments for Rent in Hobgood, NC from $500 (33 Rentals)

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

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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Ravenwood Crossing
1 to 3 Bedroom Apartments

Ravenwood Crossing

640 Ravenwood DrRocky Mount, NC 27803
  • 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.

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Chancellor on 5th
Studio to 2 Bedroom Apartments

Chancellor on 5th

2899-2901 E 5th StGreenville, NC 27858
  • Utilities Included
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402 Lewis Street
1 Bedroom Apartments

402 Lewis Street

402 Lewis StGreenville, NC 27858
  • Utilities Included
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Paladin Apartments
1 to 2 Bedroom Apartments

Paladin Apartments

400 Paladin DrGreenville, NC 27834
  • Utilities Included

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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Elm Villa Apartments
Studio to 2 Bedroom Apartments

Elm Villa Apartments

208 S Elm StGreenville, NC 27858
Corporate Housing
  • Utilities Included
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Brookridge
1 to 2 Bedroom Apartments

Brookridge

2201 E 10th StGreenville, NC 27858
  • Utilities Included

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.

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Hobgood, NC Local Guide

Cheapest Available Hobgood Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hobgood, NC is a 2 Beds unit found at Five Points Crossing priced from $565. Ravenwood Crossing has the second lowest priced unit, which is a 3 Beds apartment currently listed from $626. Here is today’s list of the most affordable Hobgood apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Five Points CrossingTwo Bedroom2BR,1BA$565
Ravenwood Crossing3 Bedroom3BR,2BA$626
Caswell at The Mills2 BED/1 BATH2BR,1BA$695
Cypress GardensOne Bedroom1BR,1BA$740
Elm Villa Apartments1 bed/1 bath1BR,1BA$799
Wesley South at East CarolinaOne Bedroom Upstairs1BR,1BA$805
University Edge & Dickinson Lofts3BR/3BA - C13BR,3BA$815
Stanton Pointe Apartments1241 Westpointe1BR,1BA$825
Campus Walk at East CarolinaOne Bedroom1BR,1BA$825
The Edge of CampusOne Bed/One Bath1BR,1BA$825

Best Value Apartments for Rent in Hobgood, NC and Nearby

As of May 31, 2026 the best value apartment in the Hobgood area is the $0.80 price per square foot 2x2 Model at Waterford Place in the in the Southwest Greenville neighborhood starting from $1,085. The second greatest value Hobgood apartment is the 1/1s Model at The Inn and Suite Apartments starting at $1,050 with a $0.84 price per square foot . Here is today’s list of the best values for Hobgood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Waterford Place2x22BR,2BA$0.80
The Inn and Suite Apartments1/1s1BR,1BA$0.84
Ravenwood Crossing3 Bedroom3BR,2BA$0.55
Eastern on 10thC13BR,3BA$0.72
University Edge & Dickinson Lofts2BR/2BA - B12BR,2BA$0.86
Five Points CrossingTwo Bedroom2BR,1BA$0.62
Cypress Pointe Apartments2 Bedroom2BR,1BA$1.22
Caswell at The Mills2 BED/1 BATH2BR,1BA$0.92
Ashton Woods at East CarolinaTwo Bedroom 750 sq ft2BR,1BA$1.19
Cypress GardensOne Bedroom1BR,1BA$1.03

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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Hobgood Apartments

How much is rent for a Cheap One Bedroom Hobgood Apartment?

The lowest price for a Cheap One Bedroom Hobgood Apartment is $740 at Cypress Gardens.

What is the lowest price for a Cheap Two Bedroom Hobgood Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Hobgood is starting from $565 at Five Points Crossing.

What is the most affordable Hobgood Three Bedroom Apartment?

The best deal on a cheap Hobgood Three Bedroom Apartment rental is at Ravenwood Crossing and starts from $626.

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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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.