
Cheap New Apartments for Rent in Raleigh, NC from $400 (170 Rentals) Page 2 of 4
Search the lowest-cost Apartments available for rent right now in Raleigh.


Clairmont at Crabtree

The SoHo Luxury Apartments

The Mallory

ACCENT BRIER CREEK

616 at the Village

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Leigh House

MAA Vale

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Cortland Glenwood South

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Anderson Flats
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Edison Lofts Apartments

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Milo

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Atlantic Springs

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Mira

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Allora Southview

The Holston

Address East End

The Edition on Oberlin

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The Dillon

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The Franklin at Crossroads
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

511 Faye

Chester Hills

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The Signal

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400H

Taryn at 401

Camden Village District

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The Point

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Alexan Moto

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Allora Pines

Aventon Nora
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.

Town Triangle Crossing

Litchford 315 Apartments

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Sunnybrook Pointe

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The Marlowe Lake Boone

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Overture Crabtree 55+ Active Adult Apartment Homes

Pine Ridge Apartments

Sycamore Run

Milner Commons

Park Central Raleigh Apartments

The Piedmont Raleigh
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Windy Hill Apartments

Channel House

THE BLUFFS AT WALNUT CREEK

XThe Dartmouth North Hills Apartments

The Acorn on Person Street

The Line

The Eastern

Bluestone Apartments

Vine North Hills Apartments

The Reverie at Lake Boone
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 | $1,503 | $915 | $4,127 |
| Raleigh 1 Bedroom Apartments | $1,542 | $636 | $6,450 |
| Raleigh 2 Bedroom Apartments | $1,883 | $797 | $8,104 |
| Raleigh 3 Bedroom Apartments | $2,073 | $719 | $8,206 |
| Raleigh 4 Bedroom Apartments | $1,648 | $620 | $10,000+ |
| Raleigh 5 Bedroom Apartments | $2,609 | $949 | $3,525 |
Explore Raleigh
Raleigh, NC Area Reviews
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 $900.
What is the price of a cheap apartment in Raleigh?
The cheapest apartment in Raleigh is Laurel Crossing Apartments which is listed at $636, while the average apartment in Raleigh costs $2,380.
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 4,902 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 $466 which is $1,914 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.