
Apartments for Rent in Raleigh, NC Under $5,000 (860 Rentals) Page 2 of 18


The Ninety Nine

The Arden

Welcome to Donovan Place – Boutique Living in the Heart of Raleigh

Junction Six Forks

The Marlowe Lake Boone

Brighton Pointe Senior Apartments

ACCENT BRIER CREEK

Prose New Hope

Lassiter at North Hills

Oberlin Court Apartments

9200 Exchange

Allora Pines

Bryn Athyn at Six Forks

Residences Glenwood Place

Wynsum Townhomes

Brook Hill Townhouse - Students Save Up to 10%

Wilmont Apartments

Vintage Raleigh West

The Franklin at Crossroads

Aventon Nora

Sojourn Glenwood Place

The Miles

MAA Preserve

Historic Boylan Apartments

Lexington Farms Apartments

The Hillsborough

4116 Charles G Dr, Unit Apartment

Atlantic Springs

Lofts at North Hills

Elevate Brier Creek

MAA Hue

Chandler Ridge

Cortland Glenwood South

Camellia

The Dillon

Cameron Court Apartments

Link Apartments® Glenwood South

Loch Raven Pointe Apartments and Townhomes

Anderson Flats

Ray at The Weld

Cambridge Apartments

The Oaks at Brier Creek

Highlands at Olde Raleigh

The Maddox

MAA Crabtree

Wesley
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 | $1,506 | $883 | $3,418 |
| Raleigh 1 Bedroom Apartments Under $5000 | $1,517 | $450 | $6,417 |
| Raleigh 2 Bedroom Apartments Under $5000 | $1,871 | $750 | $8,071 |
| Raleigh 3 Bedroom Apartments Under $5000 | $2,077 | $625 | $10,000+ |
| Raleigh 4 Bedroom Apartments Under $5000 | $1,660 | $780 | $9,994 |
| Raleigh 5 Bedroom Apartments | $2,929 | $949 | $6,800 |
Browse Top Apartments in Raleigh
See all Apartments in RaleighExplore 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 Raleigh
How much are Studio apartments in Raleigh?
There are currently 570 Studio Apartments in Raleigh with rent ranges from $883 to $3,418 with an average price of $1,506.
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 $1,517.
What does renting a Two Bedroom Apartment in Raleigh cost?
The monthly rent prices of Two Bedroom Apartments currently available in Raleigh range from $750 to $8,071. Today's average rental price for Two Bedrooms here is $1,871.
How expensive are Raleigh Three Bedroom Apartments?
There are currently 518 Three Bedroom Apartments listings available in Raleigh on ApartmentHomeLiving.com. The pricing ranges from $625 to $15,316 - averaging $2,077 for the location.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!


