Cheap Apartments for Rent in the College Park Neighborhood of Raleigh, NC from $500 (95 Rentals)

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

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Skyhouse Raleigh
Rent Specials
$983 - $2,643
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$983 - $2,643

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Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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property at 1101 Kitt Pl

$1,000

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$1,000

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$1,000

1 Bedroom, 1.5 Bath Home for Rent

Available Now

1101 Kitt Pl

RaleighNC27610
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Brentmoor Apartments
Rent Specials
$1,072 - $1,997
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$1,072 - $1,997

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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

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The Lincoln
Rent Specials
$1,155 - $2,423
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$1,155 - $2,423

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Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
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The Falstaff
Rent Specials
$1,219 - $1,780
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$1,219 - $1,780

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1 to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
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Elan City Center
Rent Specials
$1,251 - $3,337
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$1,251 - $3,337

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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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South Ridge
$1,255 - $1,505
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$1,255 - $1,505

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2 to 3 Bedroom Apartments Available Now

South Ridge

1622 Proctor RdRaleigh, NC 27610
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The Point
$1,256 - $3,364
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$1,256 - $3,364

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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511 Faye
Rent Specials
$1,268 - $3,190
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$1,268 - $3,190

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Studio to 1 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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The Signal
Rent Specials
$1,406 - $5,088
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$1,406 - $5,088

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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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The Gramercy
Rent Specials
$1,415 - $2,610
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$1,415 - $2,610

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Studio to 2 Bedroom Apartments Available Aug 5

The Gramercy

650 W North StRaleigh, NC 27603
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Mira
Rent Specials
$1,427 - $3,365
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$1,427 - $3,365

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Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
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Alexan Moto
Rent Specials
$1,430 - $2,559
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$1,430 - $2,559

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Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
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The Dillon
Rent Specials
$1,439 - $3,554
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$1,439 - $3,554

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Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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The Miles
Rent Specials
$1,445 - $6,211
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$1,445 - $6,211

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Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
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Stony Brook
Studio to 3 Bedroom Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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College Park, Raleigh, NC Local Guide

Cheapest Available College Park Apartments for Rent

 

The cheapest available apartment rental in the College Park area of Raleigh, NC is a Studio unit found at Greenway Flats Apartments priced from $995. The Waverly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,066. Here are the most affordable College Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Greenway Flats ApartmentsStudioStudio,1BA$995
The WaverlyEdinburgh1BR,1BA$1,066
Brentmoor ApartmentsOberlin1BR,1BA$1,072
Parkside at Davie1 Beds, 1 Baths1BR,1BA$1,095
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,097
The FalstaffCypress ~ Junior1BR,1BA$1,219
815 Clay St1 Beds, 1 Baths1BR,1BA$1,225
South Ridge2 Bed 1 Bath2BR,1BA$1,255
The PointS1Studio,1BA$1,256
511 FayeStudio-S-13Studio,1BA$1,268

Best Value Apartments for Rent in College Park, NC

As of July 27, 2026 the best value apartment in the College Park area is the $1.56 price per square foot 2x2.5 townhm Model at The Townes at Bishops Park in the in the Blount Street neighborhood starting from $1,850. The second greatest value College Park apartment is the 2 BR 1.5 BA TOWNHOME Model at The Mordecai on Clover starting at $1,495 with a $1.42 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for College Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.42
The WaverlyPembroke2BR,2BA$1.32
Brookside Apartments2x2 Newly Renovated2BR,2BA$1.56
3100 Woodpecker Ct2 Beds, 2 Baths2BR,2BA$1.44
The LincolnThe Oak Townhome1BR,1.5BA$1.70
Brentmoor ApartmentsGlenwood1BR,1BA$1.61
South Ridge2 Bed 1 Bath2BR,1BA$1.66
MAA HueYellowStudio ,1BA$1.99
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.98

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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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

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States, including 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, transit availability, pet-friendly communities, places that make kids happy, and much more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap College Park Apartments

What is the Cheapest Studio apartment in College Park?

Currently the most affordable Cheap Studio Apartment in College Park is at Greenway Flats Apartments listed at $995.

How much is rent for a Cheap One Bedroom College Park Apartment?

The lowest price for a Cheap One Bedroom College Park Apartment is $1,066 at The Waverly.

What is the lowest price for a Cheap Two Bedroom College Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in College Park is starting from $1,255 at South Ridge.

What is the most affordable College Park Three Bedroom Apartment?

The best deal on a cheap College Park Three Bedroom Apartment rental is at South Ridge and starts from $1,505.

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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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.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

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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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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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.