Cheap Apartments for Rent in Raleigh, NC from $599 (641 Rentals) Page 5 of 13

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

property at 4808 Hoyle Dr
$1,287
2 Bedroom Rentals
Available Now
Affordability

4808 Hoyle Dr

RaleighNC27604
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Jones Grant Urban Flats
Rent Specials
$1,293 - $2,281

Total Monthly Price

Base Rent$1,293 - $2,281
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
Corporate Housing
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property at 4724 Hoyle Dr
$1,297
2 Bedroom Rentals
Available Now
Affordability

4724 Hoyle Dr

RaleighNC27604
property at 2112 Ruark Ct
$1,300
2 Bedroom Rentals
Available Sep 15
Affordability

2112 Ruark Ct

RaleighNC27608
property at 2100 Ruark Ct
$1,300
2 Bedroom Rentals
Available Sep 15
Affordability

2100 Ruark Ct

RaleighNC27608
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The Point
$1,321 - $3,364

Total Monthly Price

Base Rent$1,321 - $3,364
Total Monthly PriceVaries
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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Lassiter at North Hills
Rent Specials
$1,322 - $5,005

Total Monthly Price

Base Rent$1,322 - $5,005
Total Monthly Price$1,322 - $5,005
Studio to 2 Bedroom Apartments Available Now

Lassiter at North Hills

4209 Lassiter Mill RdRaleigh, NC 27609
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Arlow at Blue Ridge
Rent Specials
$1,341 - $1,915

Total Monthly Price

Base Rent$1,341 - $1,915
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Showing Results 201-250, Page 5 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 $840.

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 $1,632.

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 5,072 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 $535 which is $1,097 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 Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.