Cheap Apartments for Rent in Louisburg, NC from $800 (46 Rentals)

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

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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North Forest Apartments
Rent Specials
$1,037 - $2,710
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$1,037 - $2,710

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1 to 2 Bedroom Apartments Available Now

North Forest Apartments

835 Stadium DrWake Forest, NC 27587
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Cortland Falls River
Rent Specials
$1,166 - $6,796
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$1,166 - $6,796

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$1,166 - $6,796
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
Corporate Housing
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  • Customer Reviewed
  • 3D Tour

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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Everly on 401
Rent Specials
$1,174 - $1,883
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$1,174 - $1,883

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1 to 2 Bedroom Apartments Available Now

Everly on 401

7010 Fox Carriage DrRaleigh, NC 27616
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Columns at Wakefield
Rent Specials
$1,216 - $2,151
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$1,216 - $2,151

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1 to 3 Bedroom Apartments Available Now

Columns at Wakefield

14114 Chriswick House LnRaleigh, NC 27614
Luxury
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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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Wakefield Glen
$1,345 - $2,370
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$1,345 - $2,370

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1 to 3 Bedroom Apartments Available Now

Wakefield Glen

2400 Garden Hill DrRaleigh, NC 27614
Corporate Housing
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Highland Vista
1 to 3 Bedroom Apartments

Highland Vista

320 Hidden Valley DrCreedmoor, NC 27522
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Encore at Heritage
1 to 3 Bedroom Apartments

Encore at Heritage

1891 S Franklin StWake Forest, NC 27587

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Louisburg, NC Local Guide

Cheapest Available Louisburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Louisburg, NC is a 1 Bed unit found at The Pointe at Heritage in the Reynolds Mill neighborhood priced from $971. North Forest Apartments in the Reynolds Mill neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,037. Here is today’s list of the most affordable Louisburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Pointe at HeritageJade1BR,1BA$971
North Forest ApartmentsThe Dogwood1BR,1BA$1,037
The Residences at WakefieldHickory1BR,1BA$1,074
Everly on 4011G1BR,1BA$1,074
Falls Creek Apartments and TownhomesOne Bedroom1BR,1BA$1,130
Shepard Greene Senior Living1 Bedroom1BR,1BA$1,145
Cortland Falls RiverAlexander1BR,1BA$1,166
Foxwood ApartmentsA11BR,1BA$1,174
Capital Creek at Heritage Apartments1BR 1BA (A3 - 833 SF)1BR,1BA$1,176
Madison WakefieldA1-MW1BR,1BA$1,187

Best Value Apartments for Rent in Louisburg, NC and Nearby

As of April 11, 2026 the best value apartment in the Louisburg area is the $1.42 price per square foot Sawyer Model at Wallbrook Village in the in the Heritage Hills neighborhood starting from $2,395. The second greatest value Louisburg apartment is the Zephyr Model at The Collection Kinsley starting at $1,840 with a $1.28 price per square foot in the Hunters Crossing neighborhood. Here is today’s list of the best values for Louisburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wallbrook VillageSawyer3BR,2.5BA$1.42
The Collection KinsleyZephyr3BR,2.5BA$1.28
Foxwood ApartmentsC13BR,2BA$1.36
River HavenNeuse Vista3BR,2BA$1.49
Keystone Commons2BR/1.0BA2BR,1BA$1.46
Cobblestone VillageJade 31BR,1BA$1.50
Aston ApartmentsIredell1BR,1BA$1.46
The Residences at WakefieldHickory-Reno1BR,1BA$1.43
Falls Creek Apartments and TownhomesOne Bedroom1BR,1BA$1.43
The Pointe at HeritageJade II Newly Renovated1BR,1BA$1.46

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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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 Louisburg Apartments

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

The lowest price for a Cheap One Bedroom Louisburg Apartment is $1,037 at North Forest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Louisburg is starting from $1,177 at North Forest Apartments.

What is the most affordable Louisburg Three Bedroom Apartment?

The best deal on a cheap Louisburg Three Bedroom Apartment rental is at The Residences at Wakefield and starts from $1,529.

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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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.