
Cheap New Apartments for Rent in Raleigh, NC from $400 (160 Rentals) Page 3 of 4
Search the lowest-cost Apartments available for rent right now in Raleigh.


Tryon Station

Cobblestone Village

Plat 4 Research Triangle

Encore at Heritage

Capital Creek at Heritage Apartments

The Lofts at Knightdale Station

Total Monthly Price
Republic Flats

Palisades of Wake Forest

Lantower Weston Corners

WaterWalk Raleigh RTP

Total Monthly Price
The Slater

Hawthorne at the Forest

Aviation Crossing Apartments

Palisades at Legacy Oaks

Fox Crossing Luxury Apartments

Comet North Raleigh

Elevate Riverview

Total Monthly Price
Alexander Crossing

Elevate White Oak

Park Place Apartments

Total Monthly Price
Ascend Brightleaf Apartments

Village Gate Apartments at Knightdale

LC Brier Creek

The Reserve at White Oak

Meridian at Rogers Branch

Century Grove Park

Ellis Station

Total Monthly Price
Alta Davis

Treeline Timber Creek

Total Monthly Price
Candour House

District Station

Hawthorne at Traditions

The Cottages at Knightdale Station

Abberly Solaire Apartment Homes

Total Monthly Price
NOVEL Morrisville by Crescent Communities

Total Monthly Price
Parkstone at Knightdale

Total Monthly Price
Residences at Shiloh Crossing

Pointe at Lake Crabtree Apartments

Stallings Mill Apartment Homes

Marquis Ellis Crossing

Bluebird on Seventy

Pines at Wake Forest

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Brizo Apartments

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Broadstone Trailside

MAA Nixie

Avalon Perimeter Park

The Pace at Holding Village

Brea Wendell Falls

Total Monthly Price
Alta Wren
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 | $1,498 | $900 | $2,655 |
| Raleigh 1 Bedroom Apartments | $1,513 | $710 | $6,450 |
| Raleigh 2 Bedroom Apartments | $1,868 | $845 | $8,104 |
| Raleigh 3 Bedroom Apartments | $2,062 | $719 | $7,538 |
| Raleigh 4 Bedroom Apartments | $1,715 | $595 | $10,000+ |
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 $926.
What is the price of a cheap apartment in Raleigh?
The cheapest apartment in Raleigh is Overlooke at Simms Creek Apartments which is listed at $850, while the average apartment in Raleigh costs $2,375.
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 5,243 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 $512 which is $1,863 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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.