close
View Me
$664 - $1,541Built in 20261 to 2 Bedroom Apartments Available Now
The Terrace at Rock Quarry
3600 Diamond Springs DrRaleigh, NC 27610
Cheap New Apartments for Rent in Raleigh, NC from $400 (170 Rentals)
Search the lowest-cost Apartments available for rent right now in Raleigh.
close
View Me
$854 - $1,720Built in 20231 to 3 Bedroom Apartments Contact Us For Availability
Lewis Place
5210 Ballington CirRaleigh, NC 27610
close
View Me
$899 - $1,624Built in 2026Studio to 4 Bedroom Apartments Available Aug 5
Hub Raleigh
111 Cox AveRaleigh, NC 27605
close
View Me
Rent Specials
$929 - $1,089Built in 2023Studio Apartments Available Now
CommonPlace North Woods
3531 Wake Forest RdRaleigh, NC 27609
close
View Me
Rent Specials
$1,107 - $1,265Built in 2024Studio to 1 Bedroom Apartments Available Now
The Harrison Apartments
2717 Capital BlvdRaleigh, NC 27604
close
View Me
$945 - $1,840Built in 2025Studio to 2 Bedroom Apartments Available Now
The District
1000 Navaho DrRaleigh, NC 27609
close
View Me
Rent Specials
$945 - $1,325Built in 20231 Bedroom Apartments Available Now
1105 Flats at North Hills
1105 Navaho DrRaleigh, NC 27609
close
View Me
$1,040 - $1,952Built in 20241 to 3 Bedroom Apartments Contact Us For Availability
Rock Quarry Landing
3501 Rock Quarry RdRaleigh, NC 27610
close
View Me
Rent Specials
$1,074 - $1,904Built in 2026Studio to 3 Bedroom Apartments Available Now
The Maddox
5341 Arrival DrRaleigh, NC 27616
close
View Me
Rent Specials
$999 - $1,140Built in 20231 Bedroom Apartments Available Now
Vivo Living Raleigh
4400 Capital BlvdRaleigh, NC 27604
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.
close
View Me
Rent Specials
$1,093 - $2,087
Total Monthly Price
Built in 2023Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,093 - $2,087
Total Monthly Price
Varies
Sunnybrook Residences
2421 Brightcreek Falls TrlRaleigh, NC 27610
close
View Me
$1,149 - $2,149Built in 2022Studio to 3 Bedroom Apartments Available Now
Conclave Glenwood
3221 Glenhill DrRaleigh, NC 27612
close
View Me
Rent Specials
$1,164 - $2,102Built in 20211 to 3 Bedroom Apartments Available Now
Litchford 315 Apartments
6301 Dowd Forest DrRaleigh, NC 27615
close
View Me
$1,184 - $1,756Built in 20161 to 3 Bedroom Apartments Available Now
Bacarra
6411 Farmgate RdRaleigh, NC 27606
close
View Me
Rent Specials
$1,189 - $2,112
Total Monthly Price
Built in 2021Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,189 - $2,112
Total Monthly Price
Varies
Olde Towne Residences
2301 Ostracod LnRaleigh, NC 27610
close
View Me
Rent Specials
$1,200 - $2,550Built in 20241 to 2 Bedroom Apartments Available Now
Wakefield Station
11201 Tidewater LnRaleigh, NC 27614
close
View Me
Rent Specials
$1,225 - $2,322Built in 20191 to 3 Bedroom Apartments Available Now
Hudson 5401
7760 Midtown Market AveRaleigh, NC 27616
close
View Me
$1,301 - $3,008Built in 20201 to 3 Bedroom Apartments Available Now
9200 Exchange
9200 Bruckhaus StRaleigh, NC 27617
close
View Me
$1,233 - $2,181Built in 20171 to 3 Bedroom Apartments Available Now
Foxwood Apartments
6701 Fox RdRaleigh, NC 27616
close
View Me
Rent Specials
$1,238 - $7,538Built in 2025Studio to 3 Bedroom Apartments Available Now
The Holston
1020 Hammell DrRaleigh, NC 27603
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.
close
View Me
Rent Specials
$1,250 - $2,545Built in 20221 to 2 Bedroom Apartments Available Now
Bell Jones Franklin
930 Vintage Jones WayRaleigh, NC 27606
close
View Me
$1,250 - $2,062
Total Monthly Price
Built in 2017Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,250 - $2,062
Total Monthly Price
Varies
Leigh House
2421 Landmark DrRaleigh, NC 27607
close
View Me
$1,251 - $5,765Built in 2022Studio to 2 Bedroom Apartments Available Now
The Arden
2840 Ardenview CirRaleigh, NC 27606
close
View Me
$1,254 - $2,263Built in 20161 to 3 Bedroom Apartments Available Now
Meridian at Sutton Square
700 Spring Falls DrRaleigh, NC 27609
close
View Me
Rent Specials
$1,255 - $2,001Built in 20221 to 2 Bedroom Apartments Available Now
Comet Garner
1500 Isner LnRaleigh, NC 27603
close
View Me
Rent Specials
$1,255 - $2,485
Total Monthly Price
Built in 20251 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,255 - $2,485
Total Monthly Price
Varies
Elan Capital Hills
7100 Homestead Heights LnRaleigh, NC 27616
close
View Me
Rent Specials
$1,257 - $2,003
Total Monthly Price
Built in 20201 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,257 - $2,003
Total Monthly Price
Varies
Villages at Raleigh Beach
2015 Wave Crest DrRaleigh, NC 27610
close
View Me
$1,258 - $2,967Built in 2023Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
close
View Me
$1,263 - $5,520Built in 20221 to 3 Bedroom Apartments Available Now
Raleigh Exchange
5901 Triangle Oaks DrRaleigh, NC 27616
close
View Me
Rent Specials
$1,263 - $4,437Built in 20231 to 2 Bedroom Apartments Available Now
Madison Wakefield
11100 Madison Elm LnRaleigh, NC 27614
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.
close
View Me
Rent Specials
$1,264 - $4,745Built in 2021Studio to 3 Bedroom Apartments Available Now
Residences Glenwood Place
3711 Exchange Glenwood PlRaleigh, NC 27612
close
View Me
Rent Specials
$1,271 - $5,931
Total Monthly Price
Built in 20161 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,271 - $5,931
Total Monthly Price
Varies
The Marlowe Lake Boone
1731 Tupelo Hill LnRaleigh, NC 27607
close
View Me
Rent Specials
$1,274 - $5,951Built in 2024Studio to 3 Bedroom Apartments Available Now
The Row
1021 S Saunders StRaleigh, NC 27603
close
View Me
Rent Specials
$1,277 - $8,756
Total Monthly Price
Built in 2019Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,277 - $8,756
Total Monthly Price
Varies
511 Faye
511 Fayetteville StRaleigh, NC 27601
close
View Me
Rent Specials
$1,286 - $1,824
Total Monthly Price
Built in 20231 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,286 - $1,824
Total Monthly Price
Varies
Everly on 401
7010 Fox Carriage DrRaleigh, NC 27616
close
View Me
Rent Specials
$1,288 - $2,523Built in 20231 to 3 Bedroom Apartments Available Now
MAA Vale
4710 Mint Leaf LnRaleigh, NC 27612
close
View Me
Rent Specials
$1,290 - $2,325
Total Monthly Price
Built in 20231 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,290 - $2,325
Total Monthly Price
Varies
Milo
821 Hanbury WyRaleigh, NC 27607
close
View Me
$1,290 - $3,401Built in 2018Studio to 2 Bedroom Apartments Available Now
The Metropolitan
314 W Jones StRaleigh, NC 27603
close
View Me
Rent Specials
$1,292 - $2,162
Total Monthly Price
Built in 20181 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,292 - $2,162
Total Monthly Price
Varies
Adara Alexander Place
7610 Aura LoopRaleigh, NC 27617
close
View Me
$1,295 - $1,770
Total Monthly Price
Built in 20241 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,295 - $1,770
Total Monthly Price
Varies
The Falstaff
101 Poe DrRaleigh, NC 27610
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.
close
View Me
Rent Specials
$1,295 - $3,695Built in 2026Studio to 2 Bedroom Apartments Available Now
Oldham & Worth
510 W Cabarrus StRaleigh, NC 27603
close
View Me
Rent Specials
$1,296 - $2,593Built in 2023Studio to 2 Bedroom Apartments Available Now
District at 54
700 Corporate Center DrRaleigh, NC 27607
close
View Me
Rent Specials
$1,297 - $2,204
Total Monthly Price
Built in 2022Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,297 - $2,204
Total Monthly Price
Varies
Broadstone Oak City
2911 Mid Century DrRaleigh, NC 27604
close
View Me
Rent Specials
$1,302 - $3,311
Total Monthly Price
Built in 2024Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,302 - $3,311
Total Monthly Price
Varies
Mira
121 Kindley StRaleigh, NC 27601
close
View Me
Rent Specials
$1,305 - $1,945
Total Monthly Price
Built in 20231 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,305 - $1,945
Total Monthly Price
Varies
Atlantic Springs
5540 Atlantic Springs RdRaleigh, NC 27616
close
View Me
$1,306 - $3,364
Total Monthly Price
Built in 2024Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,306 - $3,364
Total Monthly Price
Varies
The Point
605 Halifax StRaleigh, NC 27604
close
View Me
Rent Specials
$1,312 - $5,719Built in 2025Studio to 3 Bedroom Apartments Available Now
Ray at The Weld
1000 Hammell DrRaleigh, NC 27603
close
View Me
Rent Specials
$1,313 - $1,969
Total Monthly Price
Built in 20181 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,313 - $1,969
Total Monthly Price
Varies
Villages at McCullers Walk
500 Shady Summit WayRaleigh, NC 27603
close
View Me
Rent Specials
$1,319 - $4,347Built in 2018Studio to 3 Bedroom Apartments Available Now
Sojourn Glenwood Place
3310 Womans Club DrRaleigh, NC 27612
close
View Me
Rent Specials
$1,322 - $3,900Built in 2022Studio to 3 Bedroom Apartments Available Now
Chester Hills
1331 Chester AveRaleigh, NC 27608
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.
Raleigh, NC Local Guide
How much does it cost to rent an apartment in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh Studio Apartments | $1,494 | $891 | $2,978 |
| Raleigh 1 Bedroom Apartments | $1,542 | $650 | $6,450 |
| Raleigh 2 Bedroom Apartments | $1,878 | $797 | $7,438 |
| Raleigh 3 Bedroom Apartments | $2,085 | $599 | $10,000+ |
| Raleigh 4 Bedroom Apartments | $1,759 | $599 | $7,358 |
| Raleigh 5 Bedroom Apartments | $2,887 | $949 | $5,438 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Explore Raleigh
Raleigh, NC Local Guide
- Raleigh Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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
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 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.
Raleigh, NCPopulation: 469,298
Ranked #41
in US Census Population by City
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Raleigh, NC Rentals by Map
See the most popular apartments and homes in Raleigh, NC
Raleigh, NC Area Reviews
Do you know the Raleigh area?
Let everyone know!
Write a Review
Chris • 1+ years in Raleigh
February 27, 2025It'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 $942.
What is the price of a cheap apartment in Raleigh?
The cheapest apartment in Raleigh is The Terrace at Rock Quarry which is listed at $664, while the average apartment in Raleigh costs $2,294.
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 3,127 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 $450 which is $1,844 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
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.
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.
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.
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.
Articles, How-To's, and Tips
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.
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.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.