
Cheap Apartments for Rent in Raleigh, NC from $400 (604 Rentals) Page 2 of 13
Search the lowest-cost Apartments available for rent right now in Raleigh.


The Quinn On Ravenglass

Total Monthly Price
Quail Ridge Apartments

Total Monthly Price
Skyhouse Raleigh

Grand Arbor Reserve Apartment Homes

Spring Forest

The Parke at Trinity Apartment Homes

Total Monthly Price
Windsor Falls

View at Lake Lynn

The Exchange at Brier Creek
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.

Pines of Ashton

7000 Longstreet Dr

Total Monthly Price
900 Moses Ct

The Oaks Apartments

Atria at Crabtree Valley

MAA Brierdale

3116 Hillsborough

Tree Top

Marq at Crabtree

Walnut Creek Apartments
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.

Northstone Apartments

Andover at Crabtree

Six Forks Station Apartments

MAA Trinity

Total Monthly Price
Montecito West

The Enclave at Crossroads

5137-5141 Lundy Dr

2719 Avent Ferry Rd

Parkwood Village Apartments

Rose Heights Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Longview Village Apartments

721 Hampstead Pl

Walnut Woods Apartments

Hamilton Ridge

Spanish Trace Apartments

The Park at North Ridge

Autumn Pointe

Brookefield Apartments

Brookside Apartments

The Kenton Apartments
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Wakefield Station

Total Monthly Price
Montecito

The Trails of North Hills

Total Monthly Price
Brentwood West

Madison Hunters Glen

Total Monthly Price
Sommerset Place

Falls Creek Apartments and Townhomes

MAA Providence

Ashborough Apartments

North Hills at Town Center
Raleigh, NC Local Guide

How much does it cost to rent an apartment in Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Raleigh Studio Apartments | $1,503 | $915 | $4,127 |
| Cheap Raleigh 1 Bedroom Apartments | $1,542 | $636 | $6,450 |
| Cheap Raleigh 2 Bedroom Apartments | $1,883 | $797 | $8,104 |
| Cheap Raleigh 3 Bedroom Apartments | $2,073 | $719 | $8,206 |
| Cheap Raleigh 4 Bedroom Apartments | $1,648 | $620 | $10,000+ |
| Raleigh 5 Bedroom Apartments | $2,609 | $949 | $3,525 |
Browse Top Apartments in Raleigh
See all Apartments in RaleighExplore 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 $900.
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 $2,380.
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 4,902 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 $1,914 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.

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.