Cheap Apartments for Rent with Specials in Raleigh, NC from $400 (250 Rentals)

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Rental Listings with Specials.

Cheap Apartments in Raleigh.

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Lynnwood Park
Rent Specials
$863 - $2,353
Total Monthly Price

Total Monthly Price

Base Rent
$822 - $2,312
Required Monthly Fees
$41

Total Monthly Price
$863 - $2,353
1 to 2 Bedroom Apartments Available Now

Lynnwood Park

6200-6225 N Hills DrRaleigh, NC 27609
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Autumn Ridge
Rent Specials
$918 - $1,701
Total Monthly Price

Total Monthly Price

Base Rent
$873 - $1,656
Required Monthly Fees
$45

Total Monthly Price
$918 - $1,701
1 to 2 Bedroom Apartments Available Now

Autumn Ridge

6100 Barrowood DrRaleigh, NC 27612
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Village at Town Center
Rent Specials
$952 - $1,513
Total Monthly Price

Total Monthly Price

Base Rent
$922 - $1,483
Required Monthly Fees
$30

Total Monthly Price
$952 - $1,513
1 to 3 Bedroom Apartments Available Now

Village at Town Center

4110 Wake Hills LnRaleigh, NC 27616
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Skyhouse Raleigh
Rent Specials
$959 - $2,644
Total Monthly Price

Total Monthly Price

Base Rent
$923 - $2,608
Required Monthly Fees
$36

Total Monthly Price
$959 - $2,644
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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The Harrison Apartments
Rent Specials
$963 - $1,215
Total Monthly Price

Total Monthly Price

Base Rent
$578 - $830
Required Monthly Fees
$385

Total Monthly Price
$963 - $1,215
Studio to 1 Bedroom Apartments Available Now

The Harrison Apartments

2717 Capital BlvdRaleigh, NC 27604
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Regatta at Lake Lynn
Rent Specials
$970 - $1,535
Total Monthly Price

Total Monthly Price

Base Rent
$867 - $1,432
Required Monthly Fees
$103

Total Monthly Price
$970 - $1,535
1 to 2 Bedroom Apartments Available Now

Regatta at Lake Lynn

3000 Inland TrlRaleigh, NC 27613
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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.

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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Pines of Ashton
Rent Specials
$1,030 - $1,490
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,470
Required Monthly Fees
$20

Total Monthly Price
$1,030 - $1,490
1 to 2 Bedroom Apartments Available Now

Pines of Ashton

3105 Holston LnRaleigh, NC 27610
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Six Forks Station Apartments
Rent Specials
$1,038 - $2,263
Total Monthly Price

Total Monthly Price

Base Rent
$954 - $2,179
Required Monthly Fees
$84

Total Monthly Price
$1,038 - $2,263
1 to 3 Bedroom Apartments Available Now

Six Forks Station Apartments

8501 New Brunswick LnRaleigh, NC 27615
Corporate Housing
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  • Low Income
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Aria North Hills
Rent Specials
$1,045 - $1,995
Total Monthly Price

Total Monthly Price

Base Rent
$943 - $1,893
Required Monthly Fees
$102

Total Monthly Price
$1,045 - $1,995
1 to 2 Bedroom Apartments Available Now

Aria North Hills

6820 Woodbend DrRaleigh, NC 27615
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Alister Lake Lynn
Rent Specials
$1,048 - $2,605
Total Monthly Price

Total Monthly Price

Base Rent
$892 - $2,449
Required Monthly Fees
$156

Total Monthly Price
$1,048 - $2,605
1 to 2 Bedroom Apartments Available Now

Alister Lake Lynn

6421 Campus DrRaleigh, NC 27613
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Averelle North Hills
Rent Specials
$1,060 - $2,225
Total Monthly Price

Total Monthly Price

Base Rent
$953 - $2,118
Required Monthly Fees
$107

Total Monthly Price
$1,060 - $2,225
1 to 2 Bedroom Apartments Available Now

Averelle North Hills

120 Ridgewood DrRaleigh, NC 27609
Family Friendly
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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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The Ashton
Rent Specials
$1,090 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$961 - $1,620
Required Monthly Fees
$129

Total Monthly Price
$1,090 - $1,749
1 to 3 Bedroom Apartments Available Now

The Ashton

8224 Green Lantern StRaleigh, NC 27613
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The SoHo Luxury Apartments
Rent Specials
$1,099 - $1,990
Total Monthly Price

Total Monthly Price

Base Rent
$1,055 - $1,946
Required Monthly Fees
$44

Total Monthly Price
$1,099 - $1,990
1 to 3 Bedroom Apartments Available Now

The SoHo Luxury Apartments

13100 Margie LnRaleigh, NC 27603
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Columns at Wakefield
Rent Specials
$1,099 - $1,968
Total Monthly Price

Total Monthly Price

Base Rent
$979 - $1,848
Required Monthly Fees
$120

Total Monthly Price
$1,099 - $1,968
1 to 3 Bedroom Apartments Available Now

Columns at Wakefield

14114 Chriswick House LnRaleigh, NC 27614
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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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Maystone at Wakefield
Rent Specials
$1,100 - $1,532
Total Monthly Price

Total Monthly Price

Base Rent
$1,050 - $1,482
Required Monthly Fees
$50

Total Monthly Price
$1,100 - $1,532
1 to 3 Bedroom Apartments Available Now

Maystone at Wakefield

11100 Beckstone WayRaleigh, NC 27614
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Stonehenge
Rent Specials
$1,110 - $4,530
Total Monthly Price

Total Monthly Price

Base Rent
$1,046 - $4,466
Required Monthly Fees
$64

Total Monthly Price
$1,110 - $4,530
1 to 3 Bedroom Apartments Available Now

Stonehenge

7303 Hihenge CtRaleigh, NC 27615
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Bacarra
Rent Specials
$1,127 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,077 - $1,699
Required Monthly Fees
$50

Total Monthly Price
$1,127 - $1,749
1 to 3 Bedroom Apartments Available Now

Bacarra

6411 Farmgate RdRaleigh, NC 27606
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Hudson 5401
Rent Specials
$1,140 - $2,919
Total Monthly Price

Total Monthly Price

Base Rent
$1,102 - $2,881
Required Monthly Fees
$38

Total Monthly Price
$1,140 - $2,919
1 to 3 Bedroom Apartments Available Now

Hudson 5401

7760 Midtown Market AveRaleigh, NC 27616
Luxury
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The Quinn On Ravenglass
Rent Specials
$1,140 - $2,370
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $2,240
Required Monthly Fees
$130

Total Monthly Price
$1,140 - $2,370
1 to 2 Bedroom Apartments Available Now

The Quinn On Ravenglass

2105 Ravenglass PlRaleigh, NC 27612
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403 West
Rent Specials
$1,143 - $2,219
Total Monthly Price

Total Monthly Price

Base Rent
$1,109 - $2,185
Required Monthly Fees
$34

Total Monthly Price
$1,143 - $2,219
1 to 4 Bedroom Apartments Available Now

403 West

403 Wolf Creek CirRaleigh, NC 27606
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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.

Raleigh, NC Local Guide

Don'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.

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The 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.

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Cash 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 Article
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Top 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.

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Quick 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.

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Raleigh, NC
Population: 469,298

Ranked #41

in US Census Population by City

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Raleigh, NC Rentals by Map

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Raleigh, NC Area Reviews

  • Parks
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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 $875.

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 $2,336.

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 8,363 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 $483 which is $1,853 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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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.

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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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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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.