Top Rated Cheap Apartments for Rent in Raleigh, NC from $400 (194 Rentals) Page 2 of 4

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Top Rated Apartments in Raleigh.

Cheap Apartments in Raleigh.

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Elan City Center
Rent Specials
$1,275 - $3,378
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $3,378

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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The Devon Four25
Rent Specials
$1,281 - $4,838
Total Monthly Price

Total Monthly Price

Base Rent
$1,281 - $4,838

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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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 Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,290

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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The Falstaff
Rent Specials
$1,295 - $1,675
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,675

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
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Centerview at Crossroads
Rent Specials
$1,298 - $3,400
Total Monthly Price

Total Monthly Price

Base Rent
$1,298 - $3,400

Total Monthly Price
$1,298 - $3,400
1 to 3 Bedroom Apartments Available Now

Centerview at Crossroads

1310 Silver Sage DrRaleigh, NC 27606
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Broadstone Oak City
Rent Specials
$1,302 - $2,060
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $2,060

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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The Dakota
$1,310 - $2,374
Total Monthly Price

Total Monthly Price

Base Rent
$1,310 - $2,374

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Dakota

1201 Pine Haven DrRaleigh, NC 27607
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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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Wakefield Glen
$1,318 - $2,110
Total Monthly Price

Total Monthly Price

Base Rent
$1,318 - $2,110

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Wakefield Glen

2400 Garden Hill DrRaleigh, NC 27614
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The Point
$1,339 - $3,246
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $3,246

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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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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Junction Six Forks
Rent Specials
$1,364 - $2,092
Total Monthly Price

Total Monthly Price

Base Rent
$1,364 - $2,092

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Junction Six Forks

110 Talisman WayRaleigh, NC 27615
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Anderson Flats
Rent Specials
$1,371 - $2,103
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $2,103

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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Elan Capital Hills
Rent Specials
$1,372 - $2,602
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $2,602

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
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Mira
Rent Specials
$1,375 - $3,136
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $3,136

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
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Solis Buffaloe
$1,390 - $2,383
Total Monthly Price

Total Monthly Price

Base Rent
$1,390 - $2,383

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Solis Buffaloe

2500 Red Bartlett WayRaleigh, NC 27616
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Leigh House
$1,392 - $2,217
Total Monthly Price

Total Monthly Price

Base Rent
$1,392 - $2,217

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
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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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Atlantic Springs
Rent Specials
$1,395 - $2,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,395 - $2,035

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
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Milo
Rent Specials
$1,405 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $2,670

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
Luxury
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Allora Pines
Rent Specials
$1,410 - $1,875
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $1,875

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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The Dillon
Rent Specials
$1,414 - $3,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $3,904

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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The Miles
Rent Specials
$1,415 - $9,930
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $9,930

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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Arlow at Blue Ridge
Rent Specials
$1,427 - $2,180
Total Monthly Price

Total Monthly Price

Base Rent
$1,427 - $2,180

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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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 $940.

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 $2,283.

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 3,991 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 $1,828 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

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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

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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

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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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Articles, How-To's, and Tips

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

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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

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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

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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.