Cheap Apartments for Rent in Raleigh, NC from $400 with Washer/Dryer (435 Rentals) Page 4 of 9

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Search the lowest-cost Apartments available for rent right now in Raleigh.

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The Point
$1,306 - $3,364
Total Monthly Price

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$1,306 - $3,364

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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The Lincoln
Rent Specials
$1,307 - $2,423
Total Monthly Price

Total Monthly Price

Base Rent
$1,307 - $2,423

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
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Broadstone Oak City
Rent Specials
$1,318 - $2,319
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Total Monthly Price

Base Rent
$1,318 - $2,319

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Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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Junction Six Forks
Rent Specials
$1,321 - $1,918
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $1,918

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1 to 3 Bedroom Apartments Available Now

Junction Six Forks

110 Talisman WayRaleigh, NC 27615
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Arlow at Blue Ridge
Rent Specials
$1,345 - $2,123
Total Monthly Price

Total Monthly Price

Base Rent
$1,345 - $2,123

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1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Allora Southview
Rent Specials
$1,355 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $2,235

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Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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Atlantic Springs
Rent Specials
$1,365 - $2,035
Total Monthly Price

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Base Rent
$1,365 - $2,035

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1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
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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

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1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
Luxury
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Solis Buffaloe
Rent Specials
$1,380 - $2,343
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $2,343

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1 to 3 Bedroom Apartments Available Now

Solis Buffaloe

2500 Red Bartlett WayRaleigh, NC 27616
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The Gramercy
Rent Specials
$1,380 - $2,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $2,565

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Jun 20

The Gramercy

650 W North StRaleigh, NC 27603
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The Signal
Rent Specials
$1,400 - $5,088
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $5,088

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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Cortland Glenwood South
Rent Specials
$1,407 - $10,682
Total Monthly Price

Total Monthly Price

Base Rent
$1,407 - $10,682

Total Monthly Price
$1,407 - $10,682
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
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Anderson Flats
Rent Specials
$1,416 - $2,263
Total Monthly Price

Total Monthly Price

Base Rent
$1,416 - $2,263

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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400H
$1,421 - $4,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,421 - $4,345

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
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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 $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

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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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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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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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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

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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.

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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.

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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.

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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.