Cheap Apartments for Rent with Specials in Raleigh, NC from $400 (250 Rentals) Page 2 of 5

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Cheap Apartments in Raleigh.

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Everly on 401
Rent Specials
$1,168 - $1,886
Total Monthly Price

Total Monthly Price

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$1,168 - $1,886
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Everly on 401

7010 Fox Carriage DrRaleigh, NC 27616
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Cortland Falls River
Rent Specials
$1,172 - $6,119
Total Monthly Price

Total Monthly Price

Base Rent
$1,172 - $6,119
Total Monthly Price
$1,172 - $6,119
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
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Shellbrook
Rent Specials
$1,180 - $1,830
Total Monthly Price

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$1,180 - $1,830
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1 to 2 Bedroom Apartments Available Now

Shellbrook

910 Shellbrook CtRaleigh, NC 27609
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Olde Towne Residences
Rent Specials
$1,184 - $1,982
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $1,982
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Studio to 3 Bedroom Apartments Available Now

Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
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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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Windsor Falls
Rent Specials
$1,190 - $1,535
Total Monthly Price

Total Monthly Price

Base Rent
$1,190 - $1,535
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1 to 3 Bedroom Apartments Available Now

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
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North Oaks Landing
Rent Specials
$1,195 - $1,623
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,623
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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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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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Avana Lake Lynn
Rent Specials
$1,237 - $8,676
Total Monthly Price

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$1,237 - $8,676
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1 to 3 Bedroom Apartments Available Now

Avana Lake Lynn

3230 Stream Side RdRaleigh, NC 27613
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Jones Grant Urban Flats
Rent Specials
$1,261 - $2,174
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $2,174
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Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
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The Falstaff
Rent Specials
$1,249 - $2,195
Total Monthly Price

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$1,249 - $2,195
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1 to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
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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.

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The Devon Four25
Rent Specials
$1,281 - $4,838
Total Monthly Price

Total Monthly Price

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$1,281 - $4,838
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Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,290
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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Elan City Center
Rent Specials
$1,264 - $3,566
Total Monthly Price

Total Monthly Price

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$1,264 - $3,566
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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Raleigh, NC Area Reviews

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Chris • 1+ 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 $929.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is The Terrace at Rock Quarry which is listed at $664, while the average apartment in Raleigh costs $2,324.

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 4,008 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 $446 which is $1,878 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

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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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.