Cheap New Apartments for Rent in Raleigh, NC from $599 (165 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Vivo Living Raleigh
$999 - $1,140

Total Monthly Price

Base Rent$999 - $1,140

Total Monthly Price$999 - $1,140
Built in 20231 Bedroom Apartments Available Sep 22

Vivo Living Raleigh

4400 Capital BlvdRaleigh, NC 27604
Affordability
  • Verified
  • Utilities Included
  • 3D Tour

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.

close
View Me
Sunnybrook Residences
Rent Specials
$1,139 - $1,787

Total Monthly Price

Base Rent$1,139 - $1,787

Total Monthly PriceVaries
Built in 2023Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Olde Towne Residences
Rent Specials
$1,162 - $1,857

Total Monthly Price

Base Rent$1,162 - $1,857

Total Monthly PriceVaries
Built in 2021Studio to 3 Bedroom Apartments Available Now

Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Looking for the perfect new rental? Learn great ways to spot the perfect apartment for you, identify common red flags, and avoid rental issues and scams with these expert provided actionable tips.

close
View Me
Wakefield Station
Rent Specials
$1,211 - $2,561

Total Monthly Price

Base Rent$1,211 - $2,561

Total Monthly Price$1,211 - $2,561
Built in 20241 to 2 Bedroom Apartments Available Now

Wakefield Station

11201 Tidewater LnRaleigh, NC 27614
Family Friendly
  • Verified
  • Utilities Included
  • 3D Tour
close
View Me
The Falstaff
Rent Specials
$1,219 - $2,375

Total Monthly Price

Base Rent$1,219 - $2,375

Total Monthly PriceVaries
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Villages at Raleigh Beach
Rent Specials
$1,232 - $1,833

Total Monthly Price

Base Rent$1,232 - $1,833

Total Monthly PriceVaries
Built in 20201 to 3 Bedroom Apartments Available Now

Villages at Raleigh Beach

2015 Wave Crest DrRaleigh, NC 27610
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Broadstone Oak City
Rent Specials
$1,254 - $2,044

Total Monthly Price

Base Rent$1,254 - $2,044

Total Monthly PriceVaries
Built in 2022Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Signal
Rent Specials
$1,266 - $4,693

Total Monthly Price

Base Rent$1,266 - $4,693

Total Monthly PriceVaries
Built in 2022Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
The Point
$1,321 - $3,364

Total Monthly Price

Base Rent$1,321 - $3,364

Total Monthly PriceVaries
Built in 2024Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
  • Verified
  • Customer Reviewed
close
View Me
Arlow at Blue Ridge
Rent Specials
$1,341 - $1,915

Total Monthly Price

Base Rent$1,341 - $1,915

Total Monthly PriceVaries
Built in 20221 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

Raleigh's Best Affordable Neighborhoods

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

close
View Me
Everly on 401
Rent Specials
$1,352 - $2,062

Total Monthly Price

Base Rent$1,352 - $2,062

Total Monthly PriceVaries
Built in 20231 to 2 Bedroom Apartments Available Now

Everly on 401

7010 Fox Carriage DrRaleigh, NC 27616
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Allora Southview
Rent Specials
$1,355 - $2,315

Total Monthly Price

Base Rent$1,355 - $2,315

Total Monthly PriceVaries
Built in 2024Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Solis Buffaloe
Rent Specials
$1,355 - $2,313

Total Monthly Price

Base Rent$1,355 - $2,313

Total Monthly PriceVaries
Built in 20251 to 3 Bedroom Apartments Available Now

Solis Buffaloe

2500 Red Bartlett WayRaleigh, NC 27616
Affordability
  • Verified
  • Customer Reviewed
  • Smoke Free
close
View Me
Mira
Rent Specials
$1,364 - $3,375

Total Monthly Price

Base Rent$1,364 - $3,375

Total Monthly PriceVaries
Built in 2024Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Eco-Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Gramercy
Rent Specials
$1,365 - $2,540

Total Monthly Price

Base Rent$1,365 - $2,540

Total Monthly PriceVaries
Built in 2016Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Leigh House
$1,367 - $2,157

Total Monthly Price

Base Rent$1,367 - $2,157

Total Monthly PriceVaries
Built in 2017Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

First Apartment Regrets: Real Renters Share What They'd Do Differently

Your first apartment comes with a learning curve nobody warns you about. Hear from real renters who've been there and get the advice they wish someone had given them on day one.

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.

Read Article
Decorative image

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.

Read Article

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Raleigh, NC
Population: 469,298

Ranked #41

in US Census Population by City

decorative image of people examining a giant globe and floating graphs

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

Explore Raleigh, NC Rentals by Map

View Map
Raleigh, NC Apartments Map
View Map
Raleigh, NC Rental Homes Map

Raleigh, NC Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

Chris1+ 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 $840.

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 $1,632.

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 5,072 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 $535 which is $1,097 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

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

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

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

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.