
Cheap Apartments for Rent in Raleigh, NC from $400 with Parking (599 Rentals) Page 2 of 12
Search the lowest-cost Apartments available for rent right now in Raleigh.


Spanish Trace Apartments

Anderson Hills

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Grand Arbor Reserve Apartment Homes

The Oaks Apartments

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Averelle North Hills

3116 Hillsborough

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Duraleigh Woods

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Sommerset Place

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The Lincoln
Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers
Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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Alister Lake Lynn

Regency Park Apartment Homes

Tree Top

Marq at Crabtree

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Northstone Apartments

MAA Crabtree

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Perry Point

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Andover at Crabtree

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Montecito

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Regatta at Lake Lynn
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.

1105 Flats at North Hills

MAA Trinity

The Exchange at Brier Creek

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Brentwood West

Atria at Crabtree Valley

Madison Hunters Glen

5137-5141 Lundy Dr

2719 Avent Ferry Rd

Parkwood Village Apartments

North Hills at Town Center
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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Longview Apartments

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Hamilton Ridge

Walnut Woods Apartments

Wynslow Park*

Walnut Creek Apartments

Brookefield Apartments

Autumn Pointe

5648 Thea Ln

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Wakefield Station

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Bacarra
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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The Residences at Wakefield

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Midtown Crossing

Trailwood Crossing Apartments

Crabtree Lakeside

The Retreat at Lake Johnson Apartments

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Sailboat Bay

Enclave @ Crabtree

Rose Heights Apartments

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Brook Hill Townhouse - Students Save Up to 10%

Kensington Park
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier
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 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.