Cheap Homes for Rent in Athens Neighborhood of Raleigh, NC from $500 (20 Rentals)

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Search the lowest-cost Homes available for rent right now in the Athens area of Raleigh.

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.

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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.

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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.

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Athens, Raleigh, NC Local Guide

Cheapest Available Athens Apartments for Rent

 

The cheapest available apartment rental in the Athens area of Raleigh, NC is a 1 Bed unit found at Arbor Creek priced from $955. 403 West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,033. Here are the most affordable Athens apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Arbor Creek11B1BR,1BA$955
403 WestA11BR,1BA$1,033
Bell Jones FranklinA1A1BR,1BA$1,245
Brook Hill TownhouseSilver Birch2BR,1BA$1,350
Centerview at CrossroadsBarcelona1BR,1BA$1,351

Best Value Apartments for Rent in Athens, NC

As of July 13, 2025 the best value apartment in the Athens area is the $0.55 price per square foot 5x5 Loft Private Access Model at Paloma Raleigh in the in the Roylene Acres neighborhood starting from $959. The second greatest value Athens apartment is the The Cypress Model at Madison Hunters Glen starting at $1,458 with a $1.33 price per square foot in the Roylene Acres neighborhood. Here is today’s list of the best values for Athens apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paloma Raleigh5x5 Loft Private Access5BR,5BA$0.55
Madison Hunters GlenThe Cypress2BR,2BA$1.33
The Summit at Avent Ferry2 Bed 2 Bath Renovated2BR,2BA$1.50
611 Smithdale Dr, Unit 611 Smithdale611 Smithdale Dr2BR,1.5BA$1.50
Brook Hill TownhouseSilver Birch2BR,1.5BA$1.63
Centerview at CrossroadsSydney1BR,1BA$1.84
Wildwoods Of Lake Johnson1A1BR,1BA$1.88
Arbor Creek11BPZ1BR,1BA$2.06
Bell Jones FranklinA1A1BR,1BA$2.28
403 WestA11BR,1BA$2.12

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Frequently Asked Questions about Athens

What type of rentals are currently available in Athens?

There are currently 34 Apartments for Rent in Athens, NC with pricing that ranges from $625 to $4,159. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Athens ranging from $550 to $3,800.

What is the current price range for Rental Homes in Athens?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Athens ranges from $550 to $3,800 with an average monthly rent of $1,736.

How much are larger Three and Four Bedroom Rentals in Athens?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Athens range from $1,675 to $4,159, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $3,150. Four Bedroom Single-Family rentals are also available starting from $665 and Four Bedroom Apartments start at $2,051.

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.

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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.

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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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.