Top Rated Cheap Apartments for Rent in Raleigh, NC from $400 (210 Rentals) Page 2 of 5

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Top Rated Apartments in Raleigh.

Cheap Apartments in Raleigh.

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The Signal
Rent Specials
$1,241 - $4,649
Total Monthly Price

Total Monthly Price

Base Rent
$1,241 - $4,649

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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Anderson Flats
Rent Specials
$1,280 - $2,162
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $2,162

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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Wakefield Glen
$1,283 - $2,075
Total Monthly Price

Total Monthly Price

Base Rent
$1,283 - $2,075

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Wakefield Glen

2400 Garden Hill DrRaleigh, NC 27614
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Jones Grant Urban Flats
Rent Specials
$1,293 - $2,281
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $2,281

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
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Elan City Center
Rent Specials
$1,299 - $2,991
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,991

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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Broadstone Oak City
Rent Specials
$1,317 - $2,201
Total Monthly Price

Total Monthly Price

Base Rent
$1,317 - $2,201

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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Allora Southview
Rent Specials
$1,330 - $2,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,230

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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Cortland Falls River
Rent Specials
$1,340 - $6,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,340 - $6,037

Total Monthly Price
$1,340 - $6,037
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Solis Buffaloe
Rent Specials
$1,355 - $2,313
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $2,313

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Solis Buffaloe

2500 Red Bartlett WayRaleigh, NC 27616
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The Dakota
$1,359 - $2,073
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $2,073

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Dakota

1201 Pine Haven DrRaleigh, NC 27607
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Mira
Rent Specials
$1,360 - $3,428
Total Monthly Price

Total Monthly Price

Base Rent
$1,360 - $3,428

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
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The Gramercy
Rent Specials
$1,365 - $2,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $2,540

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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Elan Capital Hills
Rent Specials
$1,372 - $2,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $2,667

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
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Junction Six Forks
Rent Specials
$1,376 - $2,343
Total Monthly Price

Total Monthly Price

Base Rent
$1,376 - $2,343

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Junction Six Forks

110 Talisman WayRaleigh, NC 27615
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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.

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Leigh House
$1,377 - $2,102
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $2,102

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
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The Point
$1,379 - $3,366
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $3,366

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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Atlantic Springs
Rent Specials
$1,391 - $1,970
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $1,970

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
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Arlow at Blue Ridge
Rent Specials
$1,394 - $1,915
Total Monthly Price

Total Monthly Price

Base Rent
$1,394 - $1,915

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Alexan Moto
Rent Specials
$1,399 - $2,615
Total Monthly Price

Total Monthly Price

Base Rent
$1,399 - $2,615

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
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Park and Market
Rent Specials
$1,417 - $2,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,417 - $2,325

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Park and Market

141 Park at North Hills StRaleigh, NC 27609
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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.

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511 Faye
Rent Specials
$1,420 - $3,611
Total Monthly Price

Total Monthly Price

Base Rent
$1,420 - $3,611

Total Monthly Price
Varies
Studio to 1 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
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The Dillon
Rent Specials
$1,439 - $3,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,439 - $3,309

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Milo
$1,445 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $2,670

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
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The Miles
Rent Specials
$1,445 - $6,211
Total Monthly Price

Total Monthly Price

Base Rent
$1,445 - $6,211

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
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The Devon Four25
Rent Specials
$1,465 - $4,634
Total Monthly Price

Total Monthly Price

Base Rent
$1,465 - $4,634

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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Allora Pines
Rent Specials
$1,470 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $1,975

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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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.

Raleigh, NC Area Reviews

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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 $845.

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 $1,643.

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 5,702 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 $535 which is $1,108 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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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.

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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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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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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.

Articles, How-To's, and Tips

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.