
Cheap Homes for Rent in Locust, NC from $500 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Locust.


2550 Monta Dr

Room in House on Luca Ter SW
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.

106 Wilshire Ave SW

4722 NC-73

24671 Ridgecrest Rd
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.
Locust, NC Local Guide

How much does it cost to rent a home in Locust?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Locust 2 Bedroom Homes for Rent | $1,563 | $1,300 | $1,675 |
| Locust 3 Bedroom Homes for Rent | $1,993 | $1,250 | $2,495 |
| Locust 4 Bedroom Homes for Rent | $2,615 | $1,900 | $3,450 |
| Locust 5 Bedroom Homes for Rent | $2,896 | $2,200 | $3,500 |
Browse Top Homes for Rent in Locust
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Locust, NC Local Guide
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Cheapest Available Locust Apartments for Rent and Nearby
 The cheapest available apartment rental in Locust, NC is a 2 Beds unit found at Pleasant View Apartments in the Hickory Ridge neighborhood priced from $599. Parkway Station Apartment Homes in the Foxlaire neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $945. Here is today’s list of the most affordable Locust apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pleasant View Apartments | The Waverly | 2BR,1BA | $599 |
| Parkway Station Apartment Homes | One Bedroom- 400 sqft | 1BR,1BA | $945 |
| Summerlin at Concord Apartment Homes | One Bedroom - 633 sqft | 1BR,1BA | $1,115 |
Best Value Apartments for Rent in Locust, NC and Nearby
As of June 21, 2026 the best value apartment in the Locust area is the $1.06 price per square foot Olympic Model at Halton Park in the in the Back Creek Downs neighborhood starting from $1,537. The second greatest value Locust apartment is the Meadowood Model at Redwood Charlotte Harris Houston Road starting at $1,974 with a $1.49 price per square foot in the Savannah Commons neighborhood. Here is today’s list of the best values for Locust apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Halton Park | Olympic | 3BR,3BA | $1.06 |
| Redwood Charlotte Harris Houston Road | Meadowood | 2BR,2BA | $1.49 |
| The Villas at Rocky River | 3BR, 2BA-1250 SF | 3BR,2BA | $1.42 |
| American Ave NE | 3BR/2.0BA | 3BR,2BA | $1.17 |
| Crown Point Luxury Apartments at Kingsport | 2x2 Deluxe-Call For Availability | 2BR,2BA | $1.34 |
| Wexford Apartment Homes | Three Bedroom 2 Bath | 3BR,2BA | $1.49 |
| Northway at Woodcrest | Renovated | 3BR,1BA | $1.41 |
| Pleasant View Apartments | The Claymont | 3BR,1BA | $0.67 |
| Tower Place | B2 | 2BR,2BA | $1.45 |
| Crestview Huntington | Hickory | 2BR,1BA | $1.46 |
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 ArticleReal 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 ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Locust
What type of rentals are currently available in Locust?
There are currently 44 Apartments for Rent in Locust, NC with pricing that ranges from $599 to $3,672. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Locust ranging from $500 to $3,500.
What is the current price range for Rental Homes in Locust?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Locust ranges from $500 to $3,500 with an average monthly rent of $1,809.
How much are larger Three and Four Bedroom Rentals in Locust?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Locust range from $1,435 to $3,672, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,495. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $1,653.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.