
Cheap Apartments for Rent in Raleigh, NC from $400 (640 Rentals) Page 4 of 13
Search the lowest-cost Apartments available for rent right now in Raleigh.


Total Monthly Price
VERT at Six Forks

Total Monthly Price
The Falstaff

Abberly Grove Apartment Homes

4720 Hoyle Dr

5007 Lundy Dr

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Hunting Ridge

Crest at Brier Creek

The Summit at Avent Ferry

Rose Heights Apartments

Historic Boylan Apartments

Ashley Park Apartments

Grand Arbor Reserve Apartment Homes

The Tribute

Bryn Athyn at Six Forks

Hunters Run Apartment Homes

Ashborough Apartments

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Concord Apartments

Hamilton Ridge

South Valley Apartments

624 Hilltop Dr

4800 Hoyle Dr

6116 Spice Ridge Ln

6108 Spice Ridge Ln

The Arden

Village at Town Center

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South Ridge

Total Monthly Price
Lofts at North Hills

MILLBROOK POINTE

Total Monthly Price
Villages at Raleigh Beach

Muirfield Village Apartments

Total Monthly Price
Villages at McCullers Walk

MAA Wade Park

Total Monthly Price
Stonehenge

Bexley at Brier Creek

MAA Hue

Highlands at Olde Raleigh

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Seasons at Umstead Apartment Homes

The Bluffs at Walnut Creek

The Oaks at Brier Creek

Forge at Raleigh Iron Works

Raleigh Exchange

Chandler Ridge

Camellia

Marshall Park Apartments + Townhomes

Gorman Crossings

6901 Glendower Rd

619 Hilltop Dr

709 Highgate Pl

The Crossings at Alexander Place
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 | $1,534 | $915 | $3,151 |
| Cheap Raleigh 1 Bedroom Apartments | $1,559 | $650 | $6,453 |
| Cheap Raleigh 2 Bedroom Apartments | $1,869 | $730 | $8,847 |
| Cheap Raleigh 3 Bedroom Apartments | $2,107 | $599 | $10,000+ |
| Cheap Raleigh 4 Bedroom Apartments | $1,874 | $574 | $3,850 |
| Raleigh 5 Bedroom Apartments | $2,869 | $949 | $5,691 |
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 $947.
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 $2,271.
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 2,269 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 $513 which is $1,758 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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.

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.