
New Apartments for Rent in Raleigh, NC Under $5,500 (221 Rentals)


Abode Kerr Ridge

618 N Boylan Ave

Hudson at Georgia's Landing

Meridian at North Hills

Highland North Hills

The Holston at The Weld
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Maeve

Overture Crabtree 55+ Active Adult Apartment Homes

Town Triangle Crossing

The Keaton at Brier Creek

Solis Hills

400H

Overture Centennial 55+ Active Adult Apartment Homes

Camden Village District

The Dakota

The Marlowe Lake Boone

MAA Vale

Parker Apartments
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 Franklin at Crossroads

Abberly Royal Creek

Madison Wakefield

The Gramercy

Forge at Raleigh Iron Works

Solis Buffaloe

Link Apartments® Glenwood South

Address King Charles

St. Albans Lofts

Clairmont at Crabtree
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.

Aventon Nora

Arlow at Blue Ridge

Marshall Park Apartments + Townhomes

Milo

The Ninety Nine

The Mallory

The Lincoln

Adara Alexander Place
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.

Brighton Pointe Senior Apartments

Raleigh Exchange

Allora Pines

District at 54

ACCENT BRIER CREEK

Taryn at 401

The Edition on Oberlin

Leigh House

Cortland Glenwood South

Loch Raven Pointe Apartments and Townhomes
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Prose New Hope

Mira

Alexan Moto
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 | $1,507 | $899 | $3,200 |
Raleigh 1 Bedroom Apartments | $1,655 | $450 | $5,622 |
Raleigh 2 Bedroom Apartments | $2,043 | $680 | $8,071 |
Raleigh 3 Bedroom Apartments | $2,380 | $820 | $9,292 |
Raleigh 4 Bedroom Apartments | $1,741 | $470 | $3,780 |
Explore 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 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 $2,140.
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 702 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.