
Cheap Apartments for Rent in the Carolina Pines Neighborhood of Raleigh, NC from $500 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carolina Pines area of Raleigh.


Total Monthly Price
1500 Graduate Ln, Unit 1500

1500 Graduate Ln

3512 Ivy Commons Dr

3512 Ivy Commons Dr

3512 Ivy Commons Dr, Unit 1391

Room in House on Henslowe Dr

1511 Graduate Ln, Unit 103

Room in Condo on Trailwood Heights Ln

Room in Townhome on Barrymore St
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Room in House on Moonbeam Dr

2221 Mountain Mist Ct, Unit 102

Room in House on S Person St

Total Monthly Price
Skyhouse Raleigh

Room in Townhome on Gregg St

Pine Knoll Apartments

Greenway Flats Apartments

The Greens at Tryon

Parkwood Village Apartments

509-511 Cape Ave
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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.

Trails Corner Apartments

Kensington Park

Walnut Creek Apartments

Lenoxplace at Garner Station Apartments

The Holston

The L Apartments

The Arden

The Row

Total Monthly Price
511 Faye

Oldham & Worth
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715 Ellington St

619 Hilltop Dr

Forest Edge Townhomes

Total Monthly Price
Mira

Ray at The Weld

Platform

Total Monthly Price
Allora Southview

The Greens at Centennial Campus

The Edison Lofts Apartments

217 Pecan Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Total Monthly Price
Allora Pines

1602 Collegeview Ave

Orchard Pointe

900 Newcombe Rd

Colonial Arms Apartments

Tryon Grove

Walnut Terrace

Carlton Place Apartments

Shammah Winds

Dover Apartments
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Carolina Pines, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Carolina Pines?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carolina Pines Studio Apartments | $1,614 | $914 | $2,978 |
| Carolina Pines 1 Bedroom Apartments | $1,940 | $989 | $4,478 |
| Carolina Pines 2 Bedroom Apartments | $2,753 | $805 | $5,630 |
| Carolina Pines 3 Bedroom Apartments | $2,479 | $599 | $9,869 |
| Carolina Pines 4 Bedroom Apartments | $915 | $599 | $2,200 |
Browse Apartments in this Neighborhood
There are currently 75 rentals with your search options within a 2 mile radius of the Carolina Pines Neighborhood of Raleigh, NC.
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Carolina Pines, Raleigh, NC Local Guide
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Cheapest Available Carolina Pines Apartments for Rent
 The cheapest available apartment rental in the Carolina Pines area of Raleigh, NC is a Studio unit found at Greenway Flats Apartments priced from $995. Parkside at Davie has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Carolina Pines apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Parkside at Davie | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1,149 |
| The Acorn on Person Street | Lee | Studio,1BA | $1,159 |
| The Holston | S1 | Studio,1BA | $1,238 |
| Top of the Oaks | 2BR/2.0BA | 2BR,2BA | $1,250 |
| The L Apartments | Getty | Studio,1BA | $1,250 |
| The Row | Birch Arbour | Studio,1BA | $1,274 |
| 511 Faye | Studio-S-13 | Studio,1BA | $1,277 |
| Kensington Park | K2A | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Carolina Pines, NC
As of June 11, 2026 the best value apartment in the Carolina Pines area is the $0.57 price per square foot 4BD/4BA Model at Village Green Student Housing in the in the University Suites neighborhood starting from $839. The second greatest value Carolina Pines apartment is the 1 bd and 1 bath Student Model at Student Housing - Gorman Parkwood starting at $625 with a $0.49 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Carolina Pines apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Green Student Housing | 4BD/4BA | 4BR,4BA | $0.57 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.49 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.49 |
| Orchard Pointe | Two bedroom | 2BR,2.5BA | $1.34 |
| Kensington Park | K2E | 2BR,2BA | $1.44 |
| Lenoxplace at Garner Station Apartments | B4 | 2BR,2BA | $1.38 |
| Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.10 |
| Top of the Oaks | 2BR/2.0BA | 2BR,2BA | $1.25 |
| Forest Edge Townhomes | BOO-3001 | 2BR,1.5BA | $1.48 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.44 |
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.
Lifestyle Ratings
Our team compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, areas, and rental properties across North Carolina and customized analysis for Central Raleigh. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including filtering automatically for the best outdoor access, luxury housing options, places to raise kids, raising pets, transit options, and more. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Carolina Pines Apartments
What is a cheap apartment in Carolina Pines?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Carolina Pines is under $1,295.
What is the price of a cheap apartment in Carolina Pines?
The cheapest apartment in Carolina Pines is Parkside at Davie which is listed at $1,095, while the average apartment in Carolina Pines costs $2,745.
What types of apartments are the cheapest in Carolina Pines?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 35 regular apartments in Carolina Pines that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Carolina Pines?
Cheap apartments in Carolina Pines have an average cost of $452 which is $2,293 cheaper than the average rent for all rentals in Carolina Pines.
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.

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Articles, How-To's, and Tips

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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.