
Cheap Apartments for Rent in Raleigh, NC from $400 with Washer/Dryer (435 Rentals) Page 3 of 9
Search the lowest-cost Apartments available for rent right now in Raleigh.


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Midtown Crossing

Link Apartments® Glenwood South

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Jones Grant Urban Flats

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VERT at Six Forks

Bryn Athyn at Six Forks

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Elan City Center

The SoHo Luxury Apartments

Anderson Hills

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Hunting Ridge

MAA Wade Park

MAA Brierdale

Ashborough Apartments

Hunters Run Apartment Homes

Wesley

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Stonehenge

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Avana Lake Lynn

The Crossings at Alexander Place

Foxwood Apartments

South Valley Apartments

Autumn Pointe

The L Apartments

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Cortland Falls River

Bexley at Brier Creek

Bell Jones Franklin

The Park at North Ridge

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South Ridge

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Brentmoor Apartments

District at 54

MAA Vale

Comet Garner

The Enclave at Crossroads

Raleigh Exchange

Madison Wakefield

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Lofts at North Hills

Crabtree Lakeside

Laurel Springs

Highlands at Olde Raleigh

The Oaks at Brier Creek

Bacarra

The Exchange at Brier Creek

Thornhill Apartments

927 West Morgan

The Apartments at St. Mary's

Wildwoods of Lake Johnson

Camellia

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Everly on 401

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The Falstaff

Gorman Crossings

Oldham & Worth
Raleigh, NC Local Guide

How much does it cost to rent an apartment in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Raleigh Studio Apartments | $1,490 | $883 | $3,429 |
| Raleigh 1 Bedroom Apartments | $1,554 | $650 | $6,450 |
| Raleigh 2 Bedroom Apartments | $1,875 | $755 | $7,671 |
| Raleigh 3 Bedroom Apartments | $2,091 | $599 | $10,000+ |
| Raleigh 4 Bedroom Apartments | $1,780 | $599 | $6,974 |
| Raleigh 5 Bedroom Apartments | $2,866 | $949 | $4,917 |
Explore Raleigh
Raleigh, NC Area Reviews
Chris • 1+ years in Raleigh
February 27, 2025It'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 Olde School Commons which is listed at $709, while the average apartment in Raleigh costs $2,353.
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 3,341 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 $466 which is $1,887 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

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.

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.

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.

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

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.