
Cheap Homes for Rent in Athens Neighborhood of Raleigh, NC from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in the Athens area of Raleigh.


Room in Apartment on University Ct

1241 University Ct

16 Red Ln

Room in Condo on Crab Orchard Dr

Room in Condo on Crab Orchard Dr

12 Red Ln
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

1411 Collegiate Cir

Room in Condo on University Ct

5102 Alercia Ct

Room in Condo on University Ct

Room in Condo on Collegiate Cir

1230 University Ct

1431 Collegiate Cir, Unit 304
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1241 University Ct

1241 University Ct, Unit 204

Room in Condo on University Ct

1230 University Ct, Unit -002

1230 University Ct, Unit -002

1230 University Ct, Unit -002

1518 Ashburton Rd
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.
Athens, Raleigh, NC Local Guide

How much does it cost to rent a home in Athens?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Athens 2 Bedroom Homes for Rent | $1,443 | $1,195 | $1,900 |
| Athens 3 Bedroom Homes for Rent | $1,741 | $950 | $2,410 |
| Athens 4 Bedroom Homes for Rent | $2,200 | $700 | $3,950 |
| Athens 5 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
Browse Homes for Rent in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Athens Neighborhood of Raleigh, NC.
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Athens, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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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 The Summit at Avent Ferry priced from $1,185. 403 West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,185. Here are the most affordable Athens apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Summit at Avent Ferry | 1 Bed 1 Bath Renovated | 1BR,1BA | $1,185 |
| 403 West | A1 | 1BR,1BA | $1,185 |
| Centerview at Crossroads | Athens | 1BR,1BA | $1,256 |
| Madison Hunters Glen | The Laurel | 1BR,1BA | $1,259 |
| Brook Hill Townhouse - Students Save Up to 10% | Silver Birch | 2BR,1BA | $1,315 |
Best Value Apartments for Rent in Athens, NC
As of June 12, 2026 the best value apartment in the Athens area is the $0.42 price per square foot 4 Bedroom, 4 Bath Townhome Model at Redpoint Raleigh in the in the Roylene Acres neighborhood starting from $899. The second greatest value Athens apartment is the Silver Birch Model at Brook Hill Townhouse - Students Save Up to 10% starting at $1,315 with a $1.59 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Athens apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redpoint Raleigh | 4 Bedroom, 4 Bath Townhome | 4BR,4BA | $0.42 |
| Brook Hill Townhouse - Students Save Up to 10% | Silver Birch | 2BR,1.5BA | $1.59 |
| Madison Hunters Glen | The Maple | 1BR,1BA | $2.00 |
| Arbor Creek | 21.5AZ | 2BR,1.5BA | $1.78 |
| Bell Jones Franklin | A1B | 1BR,1BA | $2.06 |
| Centerview at Crossroads | Athens | 1BR,1BA | $1.79 |
| The Summit at Avent Ferry | 1 Bed 1 Bath Renovated | 1BR,1BA | $1.69 |
| Wildwoods of Lake Johnson | 1B - Renovated | 1BR,1BA | $2.17 |
| Paloma Raleigh | 1x1 | 1BR,1BA | $2.71 |
| 403 West | A1 | 1BR,1BA | $2.43 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
Pet Friendly LifestyleAthens, Raleigh, NC
Ranked #119
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Athens
What type of rentals are currently available in Athens?
There are currently 35 Apartments for Rent in Athens, NC with pricing that ranges from $625 to $2,361. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Athens ranging from $500 to $3,950.
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 $500 to $3,950 with an average monthly rent of $1,727.
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 $879 to $2,034, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,410. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $625.
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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.