Cheap Senior Apartments for Rent in Raleigh, NC from $400 (15 Rentals)

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Senior Living Rental Options.

Cheap Apartments in Raleigh.

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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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
  • Utilities Included

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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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
  • Utilities Included
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Oak Forest Pointe
1 to 2 Bedroom Apartments

Oak Forest Pointe

5700 Oak Forest DrRaleigh, NC 27616
Senior Living
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Olde School Commons
1 Bedroom Apartments

Olde School Commons

720-776 W Garner RdGarner, NC 27529
Senior Living
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Highland Terrace
1 to 2 Bedroom Apartments

Highland Terrace

900 Duncan Vale WayCary, NC 27511
Senior Living

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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Crossings at Heritage
1 to 2 Bedroom Apartments

Crossings at Heritage

3134 Branch Ferry CtWake Forest, NC 27587
Senior Living
  • Utilities Included
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The Meadows at Brier Creek
1 to 2 Bedroom Apartments

The Meadows at Brier Creek

11700 Arnold Palmer DrMorrisville, NC 27560
Senior Living
  • Utilities Included

Raleigh, NC Local Guide

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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Getting Around Raleigh, NC

Walk Score®

50 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

47 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

34 / 100

Some Transit

A few nearby public transportation options

Raleigh, NC Area Reviews

  • Parks
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  • Traffic
  • Public Transportation
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  • Cost of Living
  • Safety

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 $937.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is The Parke at Trinity Apartment Homes which is listed at $877, while the average apartment in Raleigh costs $2,499.

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 3,159 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 $437 which is $2,062 cheaper than the average rent for all rentals in Raleigh.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.