Cheap Apartments for Rent in Raleigh, NC from $400 (604 Rentals) Page 3 of 13

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

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403 West
Rent Specials
$1,128 - $2,401
Total Monthly Price

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$1,128 - $2,401
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1 to 4 Bedroom Apartments Available Now

403 West

403 Wolf Creek CirRaleigh, NC 27606
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Brentmoor Apartments
Rent Specials
$1,132 - $1,772
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$1,132 - $1,772
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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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North Oaks Landing
Rent Specials
$1,134 - $2,023
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$1,134 - $2,023
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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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Sunnybrook Residences
Rent Specials
$1,138 - $2,027
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$1,138 - $2,027
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Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
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Olde Towne Residences
Rent Specials
$1,144 - $1,982
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$1,144 - $1,982
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Studio to 3 Bedroom Apartments Available Now

Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
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Cortland Falls River
Rent Specials
$1,162 - $6,946
Total Monthly Price

Total Monthly Price

Base Rent
$1,162 - $6,946
Total Monthly Price
$1,162 - $6,946
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
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Shellbrook
Rent Specials
$1,180 - $1,830
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$1,180 - $1,830
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1 to 2 Bedroom Apartments Available Now

Shellbrook

910 Shellbrook CtRaleigh, NC 27609
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Stonehenge
Rent Specials
$1,188 - $9,180
Total Monthly Price

Total Monthly Price

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$1,188 - $9,180
Total Monthly Price
$1,188 - $9,180
1 to 3 Bedroom Apartments Available Now

Stonehenge

7303 Hihenge CtRaleigh, NC 27615
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Hunting Ridge
$1,199 - $1,569
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$1,199 - $1,569
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1 to 3 Bedroom Apartments Available Now

Hunting Ridge

1001-1019 Fox Hunt LnRaleigh, NC 27615
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Showing Results 101-150, Page 3 of 13

Raleigh, NC Area Reviews

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Chris • 1+ 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 $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

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 Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

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.

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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.

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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.