Cheap Gated Apartments for Rent in Raleigh, NC from $400 (122 Rentals)

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

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Brentmoor Apartments
Rent Specials
$1,072 - $1,672
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$1,072 - $1,672
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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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Columns at Wakefield
Rent Specials
$1,137 - $1,896
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$1,137 - $1,896
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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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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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The Falstaff
Rent Specials
$1,219 - $1,780
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$1,219 - $1,780
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1 to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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Junction Six Forks
Rent Specials
$1,300 - $1,926
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$1,300 - $1,926
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1 to 3 Bedroom Apartments Available Now

Junction Six Forks

110 Talisman WayRaleigh, NC 27615
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Broadstone Oak City
Rent Specials
$1,300 - $2,233
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$1,300 - $2,233
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Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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Level at 401
Rent Specials
$1,307 - $1,789
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$1,307 - $1,789
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Studio to 2 Bedroom Apartments Available Now

Level at 401

5721 Goodstone DrRaleigh, NC 27616
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Elan City Center
Rent Specials
$1,312 - $3,261
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$1,312 - $3,261
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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Cortland Falls River
$1,340 - $6,364
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$1,340 - $6,364
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$1,340 - $6,364
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Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
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Jones Grant Urban Flats
Rent Specials
$1,343 - $2,301
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$1,343 - $2,301
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Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
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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.

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Raleigh, NC Local Guide

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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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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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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Raleigh, NC
Population: 469,298

Ranked #41

in US Census Population by City

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

Explore Raleigh, NC Rentals by Map

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See the most popular apartments and homes in Raleigh, NC

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Raleigh, NC Area Reviews

  • Parks
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Chris • 1+ years in Raleigh

February 27, 2025

It's an ideal spot for college students, young families, and business professionals. If you can tolerate some traffic jams periodically, then Raleigh's a terrific area in North Carolina.

Frequently Asked Questions about Cheap Raleigh Apartments

What is a cheap apartment in Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Raleigh is under $947.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is Olde School Commons which is listed at $709, while the average apartment in Raleigh costs $2,271.

What types of apartments are the cheapest in Raleigh?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2,269 regular apartments in Raleigh that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Raleigh?

Cheap apartments in Raleigh have an average cost of $513 which is $1,758 cheaper than the average rent for all rentals in Raleigh.

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.

Helpful Local Expert Guides

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Discover Raleigh, North Carolina: A Locals Take on the City of Oaks

Written by: Chris Munier

Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

Written by: Chris Munier

Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

Articles, How-To's, and Tips

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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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.

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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.

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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.