
Cheap Apartments for Rent in the Carolina Pines Neighborhood of Raleigh, NC from $500 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carolina Pines area of Raleigh.


Room in House on Henslowe Dr

Room in Townhome on Haskell Dr

Room in Condo on Trailwood Heights Ln

Room in Townhome on Barrymore St

Room in Townhome on Maypearl Ln

Parkwood Village Apartments

Lenoxplace at Garner Station Apartments
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.

Pine Knoll Apartments

Walnut Creek Apartments

2625 Stewart Dr

The Arden Apartments

Kensington Park
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.

Trails Corner Apartments

The Acorn on Person Street

2719 Avent Ferry Rd

614 Hilltop Dr

600-635 Hilltop Dr

Skyhouse Raleigh

Platform
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.
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.
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 | $1,504 | $1,140 | $2,670 |
Carolina Pines 1 Bedroom Apartments | $1,862 | $577 | $3,990 |
Carolina Pines 2 Bedroom Apartments | $2,517 | $875 | $4,275 |
Carolina Pines 3 Bedroom Apartments | $2,417 | $820 | $7,515 |
Carolina Pines 4 Bedroom Apartments | $1,012 | $735 | $1,809 |
Browse Apartments in this Neighborhood
There are currently 33 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 1 Bed unit found at Parkwood Village Apartments priced from $1,050. Pine Knoll Apartments 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 |
---|---|---|---|
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
Pine Knoll Apartments | Standard Model | 1BR,1BA | $1,095 |
Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1,149 |
Skyhouse Raleigh | S2 | Studio,1BA | $1,227 |
The Acorn on Person Street | Lee | Studio,1BA | $1,235 |
The Row | Birch Arbour | Studio,1BA | $1,250 |
Altitude Raleigh Apartments | S1.1 | Studio,1BA | $1,290 |
Platform | Cardinal | Studio,1BA | $1,300 |
Allora Southview | S1 | Studio,1BA | $1,335 |
Tryon Village | 2 Bedroom Townhome | 2BR,1BA | $1,349 |
Best Value Apartments for Rent in Carolina Pines, NC
As of June 25, 2025 the best value apartment in the Carolina Pines area is the $0.56 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $815. The second greatest value Carolina Pines apartment is the Three Bedroom Townhome Model at Orchard Pointe starting at $1,676 with a $1.28 price per square foot in the University Suites 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. |
---|---|---|---|
University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
Orchard Pointe | Three Bedroom Townhome | 3BR,2BA | $1.28 |
Welcome to our luxurious apartment community | Rented by the bedroom including utilities. Clos... | 4BR,4BA | $0.67 |
Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.67 |
Kensington Park | K2D | 2BR,1BA | $1.35 |
Village Green Student Housing | 2BD/2BA | 2BR,2BA | $1.06 |
Campus Crossings at Raleigh | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.95 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.44 |
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.
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 $1,349.
What is the price of a cheap apartment in Carolina Pines?
The cheapest apartment in Carolina Pines is Parkwood Village Apartments which is listed at $1,050, while the average apartment in Carolina Pines costs $2,345.
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 8 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 $398 which is $1,947 cheaper than the average rent for all rentals in Carolina Pines.
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.