
Apartments for Rent in Raleigh, NC Under $5,000 (782 Rentals)


10321 Sablewood Dr, Unit 106

Abode Kerr Ridge

815 W Johnson St, Unit 815 W Johnson

The Townes at Bishops Park

Furnished Studio-Raleigh - North Raleigh -

2833 Barmettler St, Unit 2835 Barmettler
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

The Keaton at Brier Creek

The Holston

Wildwoods Of Lake Johnson

Meridian at North Hills

Maeve

Apartments of Westgrove

The Greens at Centennial Campus

Overture Crabtree 55+ Active Adult Apartment Homes

Town Triangle Crossing
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Sojourn Glenwood Place

Lexington Farms Apartments

2200 Mountain Mist Ct, Unit #101

Highland North Hills

Overture Centennial 55+ Active Adult Apartment Homes

Solis Hills
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

The Marlowe Lake Boone

712 Tucker

Midtown Park Townhomes

The Point

The Maggie

Wakefield Station

Rhyne's Gate Apartments

Cameron Court Apartments

Waterstone at Brier Creek Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Edwards Mill

927 West Morgan

Abberly Royal Creek

The Mallory

Bexley at Brier Creek

Parker Apartments

9200 Exchange

Midtown Green

400H
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lenoxplace at Garner Station Apartments
Raleigh, NC Local Guide

How much does it cost to rent an apartment in Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Raleigh Studio Apartments Under $5000 | $1,553 | $869 | $4,957 |
Raleigh 1 Bedroom Apartments Under $5000 | $1,682 | $450 | $6,417 |
Raleigh 2 Bedroom Apartments Under $5000 | $2,096 | $764 | $8,071 |
Raleigh 3 Bedroom Apartments Under $5000 | $2,403 | $649 | $9,575 |
Raleigh 4 Bedroom Apartments Under $5000 | $1,804 | $470 | $4,900 |
Browse Top Apartments in Raleigh
See all Apartments in RaleighExplore Raleigh

Raleigh, NC Local Guide
- Raleigh Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Getting Around Raleigh, NC
Walk Score®
50 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
47 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
34 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Raleigh
How much are Studio apartments in Raleigh?
There are currently 149 Studio Apartments in Raleigh with rent ranges from $869 to $4,957 with an average price of $1,553.
What is the current price range for One Bedroom Raleigh Apartments for rent?
Today's rental pricing for One Bedroom Apartments in Raleigh ranges from $450 to $6,417 with an average monthly rent of $1,682.
What does renting a Two Bedroom Apartment in Raleigh cost?
The monthly rent prices of Two Bedroom Apartments currently available in Raleigh range from $764 to $8,071. Today's average rental price for Two Bedrooms here is $2,096.
How expensive are Raleigh Three Bedroom Apartments?
There are currently 468 Three Bedroom Apartments listings available in Raleigh on ApartmentHomeLiving.com. The pricing ranges from $649 to $9,575 - averaging $2,403 for the location.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.