
New Apartments for Rent in Raleigh, NC Under $5,000 (242 Rentals) Page 2 of 5


Adara Alexander Place

The Arden Apartments

Mira

Everly on 401

Cortland Midtown East

Wakefield Station

The Dillon

Residences Glenwood Place

Loch Raven Pointe Apartments and Townhomes

Foxwood Apartments

The Edison Lofts Apartments

Elan City Center

Bacarra

9200 Exchange

Link Apartments® Glenwood South

Villages at Raleigh Beach

Allora Southview

The Signal

Platform

The Hillsborough

Meridian at Sutton Square

Broadstone Oak City

Cortland Falls River

Conclave Glenwood

Sunnybrook Pointe

Alta Town Center

Atlantic Springs

The Falstaff

The Row

Elan Capital Hills

Stanhope

Crabtree Lakeside

The Miles

The Point

Altitude Raleigh Apartments

The Metropolitan

The Acorn on Person Street

The Villages at McCullers Walk

Maystone at Wakefield

The Harrison Apartments

Olde Towne Residences

Hudson 5401

Bell Jones Franklin

Sunnybrook Residences

The Pines at Peach Road

Yugo Raleigh Logan

The Piedmont Raleigh

Milner Commons

Vivo Living Raleigh
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 | $1,526 | $899 | $5,458 |
Raleigh 1 Bedroom Apartments | $1,677 | $450 | $6,417 |
Raleigh 2 Bedroom Apartments | $2,055 | $750 | $8,071 |
Raleigh 3 Bedroom Apartments | $2,406 | $820 | $9,292 |
Raleigh 4 Bedroom Apartments | $1,750 | $470 | $3,770 |
Explore Raleigh
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 New Raleigh Apartments
What is the Cheapest New apartment in Raleigh?
Currently the most affordable New Apartment in Raleigh is at Cedar Trace listed at $450.
How much is the average rent for a New Raleigh Apartment?
The average rent for a New Apartment in Raleigh is $2,172.
What is the largest New Raleigh Apartment for rent?
Today's New apartment with the most square footage in Raleigh is a 2,646 square feet unit starting from $2,300 at Amavi Brier Creek.
What is the average size for Raleigh New Apartments for rent?
The average size for a New rental in Raleigh is currently at 697 sq ft.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.