Cheap Apartments for Rent in the Carolina Pines Neighborhood of Raleigh, NC from $500 (75 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Carolina Pines area of Raleigh.

property at 3512 Ivy Commons Dr

$650

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 To 2 Bedroom Condos for Rent

Available Aug 1

3512 Ivy Commons Dr

RaleighNC27606

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.

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Skyhouse Raleigh
Rent Specials
$914 - $2,675
Total Monthly Price

Total Monthly Price

Base Rent
$914 - $2,675

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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511 Faye
Rent Specials
$1,277 - $8,756
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $8,756

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Varies
Studio to 2 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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Mira
Rent Specials
$1,302 - $3,311
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $3,311

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Eco-Friendly
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  • Customer Reviewed
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Allora Southview
Rent Specials
$1,355 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $2,235

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
Affordability
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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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Allora Pines
Rent Specials
$1,410 - $1,974
Total Monthly Price

Total Monthly Price

Base Rent
$1,410 - $1,974

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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property at 1602 Collegeview Ave

$1,415

Total Monthly Price

Total Monthly Price

Base Rent
$1,415

Total Monthly Price
$1,415

2 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 18

1602 Collegeview Ave

RaleighNC27606
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900 Newcombe Rd
1 Bedroom Apartments

900 Newcombe Rd

900 Newcombe RdRaleigh, NC 27610
Furnished
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Tryon Grove
2 to 3 Bedroom Apartments

Tryon Grove

2500-2516 Tryon Grove DrRaleigh, NC 27603
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Dover Apartments
1 to 4 Bedroom Apartments

Dover Apartments

706 Wexford DrRaleigh, NC 27603
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Carolina Pines, Raleigh, NC Local Guide

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 ListingModel NameBed/BathPriced From
Greenway Flats ApartmentsStudioStudio,1BA$995
Parkside at Davie1 Beds, 1 Baths1BR,1BA$1,095
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,149
The Acorn on Person StreetLeeStudio,1BA$1,159
The HolstonS1Studio,1BA$1,238
Top of the Oaks2BR/2.0BA2BR,2BA$1,250
The L ApartmentsGettyStudio,1BA$1,250
The RowBirch ArbourStudio,1BA$1,274
511 FayeStudio-S-13Studio,1BA$1,277
Kensington ParkK2A2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Village Green Student Housing4BD/4BA4BR,4BA$0.57
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.49
Centennial Ridge Student Housing3x33BR,3BA$0.49
Orchard PointeTwo bedroom2BR,2.5BA$1.34
Kensington ParkK2E2BR,2BA$1.44
Lenoxplace at Garner Station ApartmentsB42BR,2BA$1.38
Trails Corner ApartmentsTC 2x12BR,1BA$1.10
Top of the Oaks2BR/2.0BA2BR,2BA$1.25
Forest Edge TownhomesBOO-30012BR,1.5BA$1.48
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,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.

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Top 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.

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Real 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.

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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.

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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

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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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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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Pet-Friendly Renting: Everything You Need to Know Before You Move

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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.

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Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.