Cheap New Apartments for Rent in Raleigh, NC from $400 (186 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 Eastern
Built in 2022Studio to 3 Bedroom Apartments

The Eastern

4204 Six Forks RdRaleigh, NC 27609
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Bluestone Apartments
Built in 20181 to 3 Bedroom Apartments

Bluestone Apartments

6319 Fox RdRaleigh, NC 27616
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Camden Carolinian
Built in 2017Studio to 3 Bedroom Apartments

Camden Carolinian

2600 Glenwood AveRaleigh, NC 27608
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Vintage Raleigh West
Built in 2023Studio to 3 Bedroom Apartments

Vintage Raleigh West

951 Corporate Center DrRaleigh, NC 27607
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Ridgestone Apartments
Built in 20181 to 3 Bedroom Apartments

Ridgestone Apartments

11031 Raven Ridge RdRaleigh, NC 27614

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.

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Alexander Crossing
Rent Specials
$1,247 - $2,087
Total Monthly Price

Total Monthly Price

Base Rent
$1,247 - $2,087
Total Monthly Price
$1,247 - $2,087
Built in 2024Studio to 2 Bedroom Apartments Available Now

Alexander Crossing

3500 Louis Stephens DrDurham, NC 27713
Corporate Housing
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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.

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Republic Flats
Rent Specials
$1,293 - $2,003
Total Monthly Price

Total Monthly Price

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$1,293 - $2,003
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Built in 20171 to 3 Bedroom Apartments Available Now

Republic Flats

800 Finsbury StDurham, NC 27703
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Gladwen Wendell Falls
$1,311 - $2,628
Total Monthly Price

Total Monthly Price

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$1,311 - $2,628
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Built in 2024Studio to 3 Bedroom Apartments Available Now

Gladwen Wendell Falls

1440 Yellow Desert WayWendell, NC 27591
Family Friendly
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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.

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Residences at Shiloh Crossing
Rent Specials
$1,334 - $3,667
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Total Monthly Price

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$1,334 - $3,667
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Built in 2020Studio to 3 Bedroom Apartments Available Now

Residences at Shiloh Crossing

3000 Dominion Ridge CirMorrisville, NC 27560
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Aviation Crossing Apartments
Rent Specials
$1,378 - $3,296
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Total Monthly Price

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$1,378 - $3,296
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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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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.

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Treeline Timber Creek
Rent Specials
$1,379 - $2,021
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $2,021
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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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Candour House
Rent Specials
$1,403 - $2,584
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $2,584
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Built in 2021Studio to 3 Bedroom Apartments Available Now

Candour House

1050 Slater RdDurham, NC 27703
Pet Friendly
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Alta Davis
Rent Specials
$1,405 - $2,402
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $2,402
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Varies
Built in 2022Studio to 3 Bedroom Apartments Available Now

Alta Davis

615 Corbett StMorrisville, NC 27560
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Ellis Station
Rent Specials
$1,408 - $2,508
Total Monthly Price

Total Monthly Price

Base Rent
$1,408 - $2,508
Total Monthly Price
Varies
Built in 2024Studio to 3 Bedroom Apartments Available Now

Ellis Station

2015 Watchorn StDurham, NC 27703
Family Friendly
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Showing Results 101-150, Page 3 of 4

Raleigh, NC Area Reviews

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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 $950.

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 $2,267.

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 2,170 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 $515 which is $1,752 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

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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.

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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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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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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

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.