Cheap Apartments for Rent near Raleigh, MS from $692 (36 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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Southwind Apartments
$990 - $995

Total Monthly Price

Base Rent$990 - $995
Total Monthly Price$990 - $995
2 Bedroom Apartments Available Sep 25

Southwind Apartments

2549 Burma Drive ExtensionPearl, MS 39208
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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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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Showing Results 1-36, Page 1 of 1

Raleigh, MS Local Guide

Cheapest Available Raleigh Apartments for Rent and Nearby

 

The cheapest available apartment rental in Raleigh, MS is a 1 Bed unit found at Shadowood Park in the Downtown Laurel neighborhood priced from $692. Normandy Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Raleigh apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Shadowood Park1 Bed/1 Bath1BR, 1BA$692
Normandy Manor Apartments1 Bed 1 Bath1BR, 1BA$700
Westhill Apartments1BR/1BA1BR, 1BA$700
Fox Run1x11BR, 1BA$800
7 Westhaven Dr2 Bed / 1 Bath2BR, 1BA$850
Tracewood1 Bedroom 1 Bathroom Upgraded1BR, 1BA$900
Dexter Apartments1bds1BR, 1BA$900
Royal Oak Apartments1 Bedroom 1 Bathroom1BR, 1BA$925
PinebrookThe Elm1BR, 1BA$950
Longwood Townhomes2 Bed One and Half Bath2BR, 1BA$950

Best Value Apartments for Rent in Raleigh, MS and Nearby

As of September 22, 2026 the best value apartment in the Raleigh area is the $1.09 price per square foot Unit 403 Model at 736 Dickies Lofts in the Poindexter Park Historic District neighborhood starting from $1,750. The second greatest value Raleigh apartment is the 2BR 2BA (1200 SF) Model at Crosswinds Apartments in the North Jackson neighborhood starting at $1,381 with a $1.15 price per square foot. Here is today’s list of the best values for Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
736 Dickies LoftsUnit 403Studio, 1BA$1.09
Crosswinds Apartments2BR 2BA (1200 SF)2BR, 2BA$1.15
Northgate ApartmentsTwo Bedroom Townhouse- Two Bedroom-1.5 Bath2BR, 1.5BA$0.99
Nejam Properties2 Beds, 2 baths2BR, 2BA$1.16
Longwood Townhomes2 Bed One and Half Bath2BR, 1.5BA$1.06
Shadowood Park1 Bed/1 Bath1BR, 1BA$0.77
Tracewood1 Bedroom 1 Bathroom1BR, 1BA$1.26
Normandy Manor Apartments1 Bed 1 Bath1BR, 1BA$0.97
Westhill Apartments1BR/1BA1BR, 1BA$1.00
7 Westhaven Dr2 Bed / 1 Bath2BR, 1BA$1.21

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

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Frequently Asked Questions about Cheap Raleigh Apartments

What is the Cheapest Studio apartment in Raleigh?

Currently the most affordable Cheap Studio Apartment in Raleigh is at Reflection Pointe Apartments listed at $1,150.

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

The lowest price for a Cheap One Bedroom Raleigh Apartment is $692 at Shadowood Park.

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

Today's best deal for a Cheap Two Bedroom Apartment in Raleigh is starting from $780 at Normandy Manor Apartments.

What is the most affordable Raleigh Three Bedroom Apartment?

The best deal on a cheap Raleigh Three Bedroom Apartment rental is at Shadowood Park and starts from $959.

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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How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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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.

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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.