Cheap Apartments for Rent in Raleigh, NC from $400 with Washer/Dryer (431 Rentals) Page 5 of 9

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

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Atlantic Springs
Rent Specials
$1,409 - $1,970
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $1,860
Required Monthly Fees
$110

Total Monthly Price
$1,409 - $1,970
1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
Affordability
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Junction Six Forks
Rent Specials
$1,412 - $2,231
Total Monthly Price

Total Monthly Price

Base Rent
$1,348 - $2,167
Required Monthly Fees
$64

Total Monthly Price
$1,412 - $2,231
1 to 3 Bedroom Apartments Available Now

Junction Six Forks

110 Talisman WayRaleigh, NC 27615
Furnished
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Everly on 401
Rent Specials
$1,416 - $1,756
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $1,656
Required Monthly Fees
$100

Total Monthly Price
$1,416 - $1,756
1 to 2 Bedroom Apartments Available Now

Everly on 401

7010 Fox Carriage DrRaleigh, NC 27616
Affordability
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Allora Pines
Rent Specials
$1,445 - $1,975
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $1,880
Required Monthly Fees
$95

Total Monthly Price
$1,445 - $1,975
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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Milo
Rent Specials
$1,505 - $2,720
Total Monthly Price

Total Monthly Price

Base Rent
$1,385 - $2,600
Required Monthly Fees
$120

Total Monthly Price
$1,505 - $2,720
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
Luxury
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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
  • Utilities Included
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Stony Brook
Studio to 3 Bedroom Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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Cedar Point Apartments
1 to 3 Bedroom Apartments

Cedar Point Apartments

7101 Sandy Forks RdRaleigh, NC 27615
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Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
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Turtle Cove Apartments
1 to 2 Bedroom Apartments

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
  • Utilities Included
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Autumn Spring Apartments
1 to 2 Bedroom Apartments

Autumn Spring Apartments

3601 Eck DrRaleigh, NC 27604
Senior Living
  • Utilities Included
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
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Greencastle Townhomes
2 Bedroom Apartments

Greencastle Townhomes

4204 Greencastle CtRaleigh, NC 27604
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Anclote Arms
2 to 3 Bedroom Apartments

Anclote Arms

3609 Anclote PlRaleigh, NC 27607
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The Falls
Studio to 2 Bedroom Apartments

The Falls

4518-4660 Tournament DrRaleigh, NC 27612
Corporate Housing
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Anson at North Hills
1 to 2 Bedroom Apartments

Anson at North Hills

3008 Calvary DrRaleigh, NC 27604
Corporate Housing
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Cedar Moor
2 to 3 Bedroom Apartments

Cedar Moor

2410-2559 Melvid CtRaleigh, NC 27610
  • Utilities Included
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The Piedmont Raleigh
Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
Corporate Housing
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Millbrook
1 to 2 Bedroom Apartments

Millbrook

2121 Paces Forest CtRaleigh, NC 27612
Corporate Housing
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Casa de Luna
1 to 3 Bedroom Apartments

Casa de Luna

3819 Bonneville CtRaleigh, NC 27604
  • Utilities Included
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Lynn Lake
1 to 2 Bedroom Apartments

Lynn Lake

6500-6541 Paces Arbor CirRaleigh, NC 27609
Corporate Housing
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Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
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Clairmont at Farmgate
1 to 3 Bedroom Apartments

Clairmont at Farmgate

6301 Daybrook CirRaleigh, NC 27606
  • Utilities Included
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Honeytree Apartments
1 to 2 Bedroom Apartments

Honeytree Apartments

4344 Saint James Church RdRaleigh, NC 27604
  • Utilities Included

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.