
Cheap Apartments for Rent near Pelham, NC from $695 (68 Rentals)
Search the lowest-cost Apartments available for rent right now in Pelham.


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Willow Creek

Dillard School

Glennwood Apartments

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74-78 Halifax Dr

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Fayette Street Lofts

The Glenns at Elon

Maple Ridge Apartments

Residences at Forestdale

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Lynn Street Lofts
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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Chief Tassel

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Meadow Run

Willow Creek Apartments

The Venue Apartment Homes

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ONE Ellsworth

Summit View

Emerald Court

Oakmont Apartments

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Chatham Lofts

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Northpointe
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.

Woodland Heights Apartments

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Dan River Crossing

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River District Lofts

Collins Park Apartments

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Ridge View Apartments

Weddington Place

May Hosiery Lofts

Cypress Pointe

Parliament House Apartments

Hawthorne at St. Marks
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.

Legacy at Baldwin Ridge Apartments

Preston Park Apartments

Summerlyn Place

Moore Apartments

Evellien & Provence: Townhomes + Apartments Student Housing

100 Marshall Way

Ray Commons

224 The Blvd

26 Dallas Ave

School Drive Apartments
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.

Phoenix Cinder

837 Melrose Ave

1162 Piney Forest Rd

2785 NC-14

835 Glendale Ave

Courtyard Apartments

615 Dumaine St

863 Stokes St

121 Hamlin Ave

207 Gatewood Ave
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.
Pelham, NC Local Guide

How much does it cost to rent an apartment in Pelham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Studio Apartments | $881 | $795 | $950 |
| Pelham 1 Bedroom Apartments | $1,177 | $736 | $1,525 |
| Pelham 2 Bedroom Apartments | $1,328 | $695 | $1,795 |
| Pelham 3 Bedroom Apartments | $1,604 | $1,150 | $2,185 |
| Pelham 4 Bedroom Apartments | $1,799 | $1,799 | $1,799 |
Browse Top Apartments in Pelham
See all Apartments in PelhamExplore Pelham
Pelham, NC Local Guide
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Cheapest Available Pelham Apartments for Rent and Nearby
 The cheapest available apartment rental in Pelham, NC is a 4 Beds unit found at Evellien & Provence: Townhomes + Apartments Student Housing in the North Burlington neighborhood priced from $685. Dillard School has the second lowest priced unit, which is a 1 Bed apartment currently listed from $736. Here is today’s list of the most affordable Pelham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Evellien & Provence: Townhomes + Apartments Student Housing | Provence Apartments | 4BR,2BA | $685 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $736 |
| The Glenns at Elon | 1x1 | 1BR,1BA | $885 |
| Maple Ridge Apartments | 2-Bedroom | 2BR,1BA | $900 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1BA | $925 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| Fayette Street Lofts | Flat | 1BR,1BA | $945 |
| Willow Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $999 |
| The Venue Apartment Homes | Phase 1 - 1 x 1Standard-Call For Availability | 1BR,1BA | $1,000 |
| ONE Ellsworth | 1BR/1.0BA | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Pelham, NC and Nearby
As of September 12, 2026 the best value apartment in the Pelham area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. The second greatest value Pelham apartment is the 2 Bedroom, 2 Bathroom Model at Summerlyn Place starting at $1,400 with a $1.16 price per square foot in the Burlington neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Summerlyn Place | 2 Bedroom, 2 Bathroom | 3BR,2BA | $1.16 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1.5BA | $0.77 |
| Summit View | 3 Bed 2 Bath | 3BR,2BA | $1.12 |
| The Glenns at Elon | 1x1 | 1BR,1BA | $0.87 |
| Collins Park Apartments | 2 Bedroom 1.5 Bath Townhome | 2BR,1.5BA | $1.15 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Dan River Crossing | DRC - 1 | 1BR,1BA | $1.16 |
| Fayette Street Lofts | Flat | 1BR,1BA | $1.09 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
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 ArticleNavigating 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.
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!
Explore Pelham, NC Rentals by Map
See the most popular apartments and homes in Pelham, NC
Frequently Asked Questions about Cheap Pelham Apartments
How much is rent for a Cheap One Bedroom Pelham Apartment?
The lowest price for a Cheap One Bedroom Pelham Apartment is $736 at Dillard School.
What is the lowest price for a Cheap Two Bedroom Pelham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pelham is starting from $900 at Maple Ridge Apartments.
What is the most affordable Pelham Three Bedroom Apartment?
The best deal on a cheap Pelham Three Bedroom Apartment rental is at Ridge View Apartments and starts from $1,150.
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

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.

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.

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.

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.