
Cheap Apartments for Rent in Raleigh, NC from $400 with Parking (599 Rentals)
Search the lowest-cost Apartments available for rent right now in Raleigh.


413 Solar Dr

Pullen Station Lofts

3316 Arrowwood Dr

Bridges at North Hills

3710 Pardue Woods Pl

1230 University Ct

Lewis Place

The Timbers

Pine Hills Apartments 55+
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Arbor Creek

Lexington on the Green

1402 Gorman St

Hub Raleigh

5208 Windwood Ct

The Grove

Westgrove Tower Condominiums

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Autumn Ridge

Overlooke at Simms Creek Apartments

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Vivo Living North Woods
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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The Harrison Apartments

The District

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The Trails of North Hills

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View at Lake Lynn

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Aria North Hills

Lake Lynn Reserve Apartments

The Falls

Woodlake Downs

Wedgwood Apartments

The Parke at Trinity Apartment Homes
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.

Pine Knoll Apartments

Greenway Flats Apartments

4130 Western Blvd

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403 West

Sterling Glenwood Apartments

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Vivo Living Raleigh

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Montecito West

The Domain Apartments

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Oak City Apartments

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Village of Pickwick
Apartment Parking Lot Etiquette
Check out some very simple ideas and tips to follow when parking at an apartment community that can make storing your vehicle easier for you and the residents around you.

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Six Forks Station Apartments

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Skyhouse Raleigh

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Bridgeport

Spring Forest

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The Greens at Tryon

Central on the Green Apartment Homes

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Concord Apartments

Laurel Oaks

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The Quinn On Ravenglass

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Lynnwood Park
Discover Raleigh, North Carolina: A Local's Take on the City of Oaks
Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.
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 | $1,487 | $790 | $4,127 |
| Raleigh 1 Bedroom Apartments | $1,523 | $636 | $6,450 |
| Raleigh 2 Bedroom Apartments | $1,874 | $845 | $8,104 |
| Raleigh 3 Bedroom Apartments | $2,081 | $719 | $7,538 |
| Raleigh 4 Bedroom Apartments | $1,676 | $595 | $10,000+ |
Explore Raleigh

Raleigh, NC Local Guide
- Raleigh Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Raleigh, NCPopulation: 469,298
Ranked #41
in US Census Population by City
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Raleigh, NC Rentals by Map
See the most popular apartments and homes in Raleigh, NC
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 $900.
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 $2,885.
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 6,059 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 $492 which is $2,393 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.