Cheap Apartments for Rent in Raleigh, NC from $400 (605 Rentals) Page 6 of 13

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Park and Market
Rent Specials
$1,366 - $2,322
Total Monthly Price

Total Monthly Price

Base Rent
$1,366 - $2,322

Total Monthly Price
$1,366 - $2,322
Studio to 2 Bedroom Apartments Available Now

Park and Market

141 Park at North Hills StRaleigh, NC 27609
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Elan Capital Hills
Rent Specials
$1,372 - $2,602
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $2,602

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
Luxury
  • Verified
  • Customer Reviewed
close
View Me
The Maggie
Rent Specials
$1,372 - $5,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $5,684

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Maggie

401 Oberlin RdRaleigh, NC 27605
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Leigh House
$1,383 - $2,357
Total Monthly Price

Total Monthly Price

Base Rent
$1,383 - $2,357

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Anderson Flats
Rent Specials
$1,391 - $2,053
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $2,053

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Milo
Rent Specials
$1,405 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $2,670

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
Luxury
  • Verified
  • Customer Reviewed
close
View Me
Elan City Center
Rent Specials
$1,405 - $3,309
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $3,309

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Atlantic Springs
Rent Specials
$1,409 - $2,035
Total Monthly Price

Total Monthly Price

Base Rent
$1,409 - $2,035

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Mira
Rent Specials
$1,411 - $3,244
Total Monthly Price

Total Monthly Price

Base Rent
$1,411 - $3,244

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Allora Southview
Rent Specials
$1,414 - $2,230
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $2,230

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
Affordability
  • Verified
  • 3D Tour
close
View Me
The Dillon
$1,429 - $3,909
Total Monthly Price

Total Monthly Price

Base Rent
$1,429 - $3,909

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Signal
Rent Specials
$1,455 - $5,540
Total Monthly Price

Total Monthly Price

Base Rent
$1,455 - $5,540

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
400H
Rent Specials
$1,457 - $3,962
Total Monthly Price

Total Monthly Price

Base Rent
$1,457 - $3,962

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

Raleigh, NC Area Reviews

  • Parks
  • Entertainment
  • Local Vibes
  • Restaurants
  • Location
  • Traffic
  • Public Transportation
  • Outdoor Access
  • Cost of Living
  • Safety

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 $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.

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 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 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.

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.