Cheap Student Apartments for Rent in Raleigh, NC from $400 (33 Rentals)

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Student Housing Options in Raleigh.

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.

Top Neighborhoods Near Raleigh Colleges and Universities

Learn about the best Raleigh neighborhoods for student renters by our , Local Expert Chris Munier

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University Commons
4 Bedroom Apartments

University Commons

1500-1521 Graduate LnRaleigh, NC 27606
Student Housing
  • Utilities Included
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University Meadows
4 Bedroom Apartments

University Meadows

1303-1305 Kent RdRaleigh, NC 27606
Student Housing
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Red Wolf Crossing
3 to 4 Bedroom Apartments

Red Wolf Crossing

10-73 Red LnRaleigh, NC 27606
Student Housing
  • Utilities Included

Deciding Between a Student Apartment or a Dorm?

If you have the option of living off campus in your own apartment...that is the sure fire way to go! Learn a few reasons why. Click below to read more.

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University Glen
4 Bedroom Apartments

University Glen

1430-1440 Collegeview AveRaleigh, NC 27606
Student Housing
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Method Townhomes
2 to 3 Bedroom Apartments

Method Townhomes

700 Method Townes CtRaleigh, NC 27607
Student Housing
  • Utilities Included
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Signature 1505
1 to 4 Bedroom Apartments

Signature 1505

1505 Hillsborough StRaleigh, NC 27605
Student Housing
  • Utilities Included
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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
  • Utilities Included
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105 Friendly Apartments
1 to 4 Bedroom Apartments

105 Friendly Apartments

105 Friendly DrRaleigh, NC 27607
Student Housing
  • Utilities Included
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Student | Uncommon Raleigh
Studio to 5 Bedroom Apartments

Student | Uncommon Raleigh

3020 Hillsborough StRaleigh, NC 27607
Student Housing
  • Utilities Included
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Lupton Flats
2 Bedroom Apartments

Lupton Flats

3801-3825 Lupton CirRaleigh, NC 27606
Student Housing

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.

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
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  • Outdoor Access
  • 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 $925.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is Regency Park Apartment Homes which is listed at $856, while the average apartment in Raleigh costs $2,506.

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 3,004 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 $455 which is $2,051 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.