Cheap Apartments for Rent in the College Park Neighborhood of Raleigh, NC from $500 (67 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 310 Heck St

310 Heck St

RaleighNC27601
close
View Me
Stony Brook
Studio Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
  • Utilities Included
close
View Me
Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
close
View Me
Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
  • Utilities Included
Showing Results 1-50, Page 1 of 2

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 1 Bed unit found at Brentmoor Apartments priced from $985. Milner Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,060. Here are the most affordable College Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Brentmoor ApartmentsOberlin1BR,1BA$985
Milner Commons1 Bedroom - The Cedar1BR,1BA$1,060
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,130
The WaverlyEdinburgh1BR,1BA$1,166
South Ridge2 Bed 1 Bath2BR,1BA$1,200
Skyhouse RaleighS1Studio,1BA$1,223
The Edison Lofts ApartmentsStudio S1AStudio,1BA$1,250
The Acorn on Person StreetLeeStudio,1BA$1,260
The RowBirch ArbourStudio,1BA$1,260
The FalstaffCypressStudio,1BA$1,265

Best Value Apartments for Rent in College Park, NC

As of July 13, 2025 the best value apartment in the College Park area is the $1.21 price per square foot 815 W Johnson St Model at 815 W Johnson St, Unit A in the in the Blount Street neighborhood starting from $2,000. The second greatest value College Park apartment is the 201 Model at Capital Apartments starting at $1,825 with a $1.43 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.
815 W Johnson St, Unit A815 W Johnson St2BR,1BA$1.21
Capital Apartments2012BR,1BA$1.43
815 W Johnson St, Unit 815 W Johnson815 W Johnson St2BR,1BA$1.60
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.64
Walnut RidgeTwo Bedroom2BR,2BA$1.36
The WaverlyEdinburgh1BR,1BA$1.29
Longview Village Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.53
Brentmoor ApartmentsGlenwood1BR,1BA$1.58
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Milner Commons1 Bedroom - The Cedar1BR,1BA$1.53

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.

decorative image of people with a giant lease agreement

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.

Getting Around the College Park Neighborhood in Raleigh, NC

Walk Score®

67 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

47 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap College Park Apartments

What is a cheap apartment in College Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in College Park is under $1,265.

What is the price of a cheap apartment in College Park?

The cheapest apartment in College Park is Brentmoor Apartments which is listed at $985, while the average apartment in College Park costs $2,706.

What types of apartments are the cheapest in College Park?

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 16 regular apartments in College Park 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 College Park?

Cheap apartments in College Park have an average cost of $1,033 which is $1,673 cheaper than the average rent for all rentals in College Park.

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.

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

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.