Cheap New Apartments for Rent in Raleigh, NC from $400 (184 Rentals) Page 4 of 4

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

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Brizo Apartments
Rent Specials
$1,441 - $2,168
Total Monthly Price

Total Monthly Price

Base Rent
$1,441 - $2,168

Total Monthly Price
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Built in 20191 to 3 Bedroom Apartments Available Now

Brizo Apartments

1108 Merrion AveDurham, NC 27703
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The Slater
Rent Specials
$1,452 - $2,835
Total Monthly Price

Total Monthly Price

Base Rent
$1,452 - $2,835

Total Monthly Price
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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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Broadstone Trailside
Rent Specials
$1,485 - $4,535
Total Monthly Price

Total Monthly Price

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$1,485 - $4,535

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Built in 20201 to 3 Bedroom Apartments Available Now

Broadstone Trailside

5860 McCrimmon PkyMorrisville, NC 27560
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Lantower Weston Corners
Rent Specials
$1,542 - $3,913
Total Monthly Price

Total Monthly Price

Base Rent
$1,542 - $3,913

Total Monthly Price
$1,542 - $3,913
Built in 20181 to 2 Bedroom Apartments Available Now

Lantower Weston Corners

6000 Elevate CirCary, NC 27513
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Overture Cary
Rent Specials
$1,537 - $6,364
Total Monthly Price

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$1,537 - $6,364

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Built in 20201 to 2 Bedroom Apartments Available Now

Overture Cary

1055 Hatches Pond LnMorrisville, NC 27560
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The Lindley at Grove 98
Rent Specials
$1,559 - $2,351
Total Monthly Price

Total Monthly Price

Base Rent
$1,559 - $2,351

Total Monthly Price
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Built in 20231 to 3 Bedroom Apartments Available Now

The Lindley at Grove 98

521 Granite Grove LoopWake Forest, NC 27587
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Cedar Trace
Built in 20251 to 3 Bedroom Apartments

Cedar Trace

3432 Carr RdDurham, NC 27703
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Riverwood Villas
Built in 20171 to 2 Bedroom Apartments

Riverwood Villas

368 Athletic Club BlvdClayton, NC 27527
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Walton Farms
Built in 20231 to 4 Bedroom Apartments

Walton Farms

284 Gretzky PkyClayton, NC 27527
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Encore at Heritage
Built in 20221 to 3 Bedroom Apartments

Encore at Heritage

1891 S Franklin StWake Forest, NC 27587
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Urban Place
Built in 20221 to 2 Bedroom Apartments

Urban Place

400 E Chatham StCary, NC 27511
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Century Grove Park
Built in 20241 to 3 Bedroom Apartments

Century Grove Park

1700 Red Grove LnKnightdale, NC 27545
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Ashby Twin Lakes
Built in 2022Studio to 3 Bedroom Apartments

Ashby Twin Lakes

905 Lakeford DrMorrisville, NC 27560
Corporate Housing
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Meridian at Ten Ten
Built in 20191 to 3 Bedroom Apartments

Meridian at Ten Ten

1000 Brynmar Oaks DrApex, NC 27539
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Lionsgate Townhomes
Built in 20162 Bedroom Apartments

Lionsgate Townhomes

15 Fieldspar LnClayton, NC 27520
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The Allison at Fenton
Built in 2022Studio to 3 Bedroom Apartments

The Allison at Fenton

10 Fenton Main StCary, NC 27511

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 $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.