
Cheap Apartments for Rent in Raleigh, NC from $400 (639 Rentals) Page 9 of 13
Search the lowest-cost Apartments available for rent right now in Raleigh.


The Reverie at Lake Boone

Allister North Hills

Bluestone Apartments

Gorman Place

Cameron Village Apartments

Mayfaire

Wilmont Apartments

3100 Woodpecker Ct

Marcom Street Apartments

Cedar Crest New Life Center

Camden Asbury Village

Clairmont at Crabtree

Centennial Lofts

The Garden at Wynslow Park II

Camden Overlook

Brighton Pointe Senior Apartments

Blue Hill Apartments

Collegeview Apartments College View

Edwards Mill

Five Point Cottages

The Line

North State Apartments

Donovan Place Apartments

The Eastern

Magnolia Grove Apartments

The Mordecai on Clover

Crabtree Creek Place

Bristol Creek Apartments

Camden Carolinian

River Knoll

Apartments of Westgrove

Vintage Raleigh West

Ridgestone Apartments

1422 Scales St

Total Monthly Price
Cary Pines Apartments

Chatham Forest Apartments

The Pines

Triangle Park Apartments

Westchester

Featherstone Village

Arbors at Cary

Legacy 2000

205 Johnson St

Aurella Cary

Woodlyn on the Green Apartment Homes

Harrison Grande

Total Monthly Price
The Gregory North and South Apartment Homes

Oxford Square

The Waterford
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 | $1,560 | $530 | $6,453 |
| Cheap Raleigh 2 Bedroom Apartments | $1,868 | $730 | $8,847 |
| Cheap Raleigh 3 Bedroom Apartments | $2,104 | $599 | $10,000+ |
| Cheap Raleigh 4 Bedroom Apartments | $1,876 | $574 | $3,850 |
| Raleigh 5 Bedroom Apartments | $2,868 | $949 | $5,656 |
Browse Top Apartments in Raleigh
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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 $950.
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 $2,267.
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 2,170 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 $515 which is $1,752 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.

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.

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.