Cheap Apartments for Rent in Raleigh, NC from $400 with Washer/Dryer (431 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 Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,245
Required Monthly Fees
$45

Total Monthly Price
$1,295 - $2,290
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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The Miles
Rent Specials
$1,312 - $5,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $4,910
Required Monthly Fees
$92

Total Monthly Price
$1,312 - $5,002
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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Mira
Rent Specials
$1,316 - $3,254
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,149
Required Monthly Fees
$105

Total Monthly Price
$1,316 - $3,254
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
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Anderson Flats
Rent Specials
$1,321 - $2,213
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $2,147
Required Monthly Fees
$66

Total Monthly Price
$1,321 - $2,213
Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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Allora Southview
Rent Specials
$1,330 - $2,140
Total Monthly Price

Total Monthly Price

Base Rent
$1,225 - $2,035
Required Monthly Fees
$105

Total Monthly Price
$1,330 - $2,140
Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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Jones Grant Urban Flats
Rent Specials
$1,336 - $2,248
Total Monthly Price

Total Monthly Price

Base Rent
$1,291 - $2,203
Required Monthly Fees
$45

Total Monthly Price
$1,336 - $2,248
Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
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Arlow at Blue Ridge
Rent Specials
$1,350 - $1,944
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $1,849
Required Monthly Fees
$95

Total Monthly Price
$1,350 - $1,944
1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Elan Capital Hills
Rent Specials
$1,352 - $2,602
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $2,480
Required Monthly Fees
$122

Total Monthly Price
$1,352 - $2,602
1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
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The Point
Rent Specials
$1,366 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,272 - $3,090
Required Monthly Fees
$94

Total Monthly Price
$1,366 - $3,184
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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Elan City Center
Rent Specials
$1,384 - $3,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $2,976
Required Monthly Fees
$65

Total Monthly Price
$1,384 - $3,041
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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Solis Buffaloe
$1,390 - $2,493
Total Monthly Price

Total Monthly Price

Base Rent
$1,275 - $2,378
Required Monthly Fees
$115

Total Monthly Price
$1,390 - $2,493
1 to 3 Bedroom Apartments Available Now

Solis Buffaloe

2500 Red Bartlett WayRaleigh, NC 27616
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The Devon Four25
Rent Specials
$1,391 - $5,181
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $5,140
Required Monthly Fees
$41

Total Monthly Price
$1,391 - $5,181
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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The Signal
Rent Specials
$1,400 - $5,474
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $5,383
Required Monthly Fees
$91

Total Monthly Price
$1,400 - $5,474
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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Cortland Glenwood South
$1,403 - $9,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $9,428
Required Monthly Fees
$33

Total Monthly Price
$1,403 - $9,461
Studio to 3 Bedroom Apartments Contact Us For Availability

Cortland Glenwood South

417 W Peace 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 $910.

What is the price of a cheap apartment in Raleigh?

The cheapest apartment in Raleigh is Laurel Crossing Apartments which is listed at $636, while the average apartment in Raleigh costs $2,362.

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 7,729 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 $503 which is $1,859 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.