Cheap New Apartments for Rent in Raleigh, NC from $400 (182 Rentals) Page 3 of 4

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

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The Line
Built in 2020Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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The L Apartments
Built in 2015Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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Channel House
Built in 2023Studio to 3 Bedroom Apartments

Channel House

540 St. Albans DrRaleigh, NC 27609
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Oak Forest Pointe
Built in 20231 to 2 Bedroom Apartments

Oak Forest Pointe

5700 Oak Forest DrRaleigh, NC 27616
Senior Living
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RidgeStone Apartments
Built in 20201 to 3 Bedroom Apartments

RidgeStone Apartments

11031 Raven Ridge RdRaleigh, NC 27614
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Bluestone Apartments
Built in 20181 to 3 Bedroom Apartments

Bluestone Apartments

6319 Fox RdRaleigh, NC 27616
  • Utilities Included
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The Eastern
Built in 2022Studio to 3 Bedroom Apartments

The Eastern

4204 Six Forks RdRaleigh, NC 27609
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Marcom Street Apartments
Built in 20221 to 3 Bedroom Apartments

Marcom Street Apartments

1401 Stovall DrRaleigh, NC 27606
  • Utilities Included
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ZZZVintage Raleigh West
Built in 2023Studio to 3 Bedroom Apartments

ZZZVintage Raleigh West

951 Corporate Center DrRaleigh, NC 27607
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Clairmont at Trinity
Built in 2020Studio to 2 Bedroom Apartments

Clairmont at Trinity

1601 Medlin Creek LoopRaleigh, NC 27607
  • Utilities Included
Showing Results 101-150, Page 3 of 4

Getting Around Raleigh, NC

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Raleigh, NC Area Reviews

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

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 $899.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is The Oaks Apartments which is listed at $759, while the average apartment in Raleigh costs $2,358.

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 3,232 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 $543 which is $1,815 cheaper than the average rent for all rentals in Raleigh.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.