Cheap New Apartments for Rent in Raleigh, NC from $400 (170 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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Marcom Street Apartments
Built in 20221 to 3 Bedroom Apartments

Marcom Street Apartments

1401 Stovall DrRaleigh, NC 27606
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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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Camden Carolinian
Built in 2017Studio to 3 Bedroom Apartments

Camden Carolinian

2600 Glenwood AveRaleigh, NC 27608
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Ridgestone Apartments
Built in 20181 to 3 Bedroom Apartments

Ridgestone Apartments

11031 Raven Ridge RdRaleigh, NC 27614

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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The Slater
Rent Specials
$1,214 - $3,742
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$1,214 - $3,742

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Built in 2024Studio to 3 Bedroom Apartments Available Now

The Slater

1000 Slater Crossing CirMorrisville, NC 27560
Luxury
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Alexander Crossing
Rent Specials
$1,227 - $2,081
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$1,227 - $2,081

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Built in 2024Studio to 2 Bedroom Apartments Available Jun 12

Alexander Crossing

3500 Louis Stephens DrDurham, NC 27713
Corporate Housing
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Brea Wendell Falls
Rent Specials
$1,290 - $2,245
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$1,290 - $2,245

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Built in 20211 to 3 Bedroom Apartments Available Now

Brea Wendell Falls

5809 Taylor RdWendell, NC 27591
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Treeline Timber Creek
Rent Specials
$1,324 - $1,941
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Total Monthly Price

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$1,324 - $1,941

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Built in 20181 to 3 Bedroom Apartments Available Now

Treeline Timber Creek

400 Evolve DrGarner, NC 27529
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Aviation Crossing Apartments
Rent Specials
$1,378 - $3,254
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$1,378 - $3,254

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Built in 2021Studio to 3 Bedroom Apartments Available Now

Aviation Crossing Apartments

4555 McCrimmon PkyMorrisville, NC 27560
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Candour House
Rent Specials
$1,379 - $2,495
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$1,379 - $2,495

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Built in 2021Studio to 3 Bedroom Apartments Available Now

Candour House

1050 Slater RdDurham, NC 27703
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Alta Wren
Rent Specials
$1,397 - $6,789
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$1,397 - $6,789

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Built in 20211 to 3 Bedroom Apartments Available Now

Alta Wren

3000 Orchid StCary, NC 27519
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Brizo Apartments
Rent Specials
$1,424 - $2,116
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$1,424 - $2,116

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Built in 20191 to 3 Bedroom Apartments Available Now

Brizo Apartments

1108 Merrion AveDurham, NC 27703
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Republic Flats
Rent Specials
$1,451 - $1,997
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$1,451 - $1,997

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Built in 20171 to 3 Bedroom Apartments Available Now

Republic Flats

800 Finsbury StDurham, NC 27703
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Alta Davis
Rent Specials
$1,457 - $2,411
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Total Monthly Price

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$1,457 - $2,411

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Built in 2022Studio to 3 Bedroom Apartments Available Now

Alta Davis

615 Corbett StMorrisville, NC 27560
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Ellis Station
$1,459 - $2,558
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Total Monthly Price

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$1,459 - $2,558

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Built in 2024Studio to 3 Bedroom Apartments Available Now

Ellis Station

2015 Watchorn StDurham, NC 27703
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Raleigh, NC Area Reviews

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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 $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

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.

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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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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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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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.