Cheap Apartments for Rent in the College Park Neighborhood of Raleigh, NC from $500 (102 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
$1,014 - $2,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $2,699
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Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
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  • 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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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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The Point
Rent Specials
$1,233 - $3,184
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$1,233 - $3,184
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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Affordability
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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property at 202 Selwyn Aly

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295
Total Monthly Price
$1,295

2 Bedroom, 1 Bath Townhome for Rent

Available Now

202 Selwyn Aly, Unit A

202 Selwyn Aly
RaleighNC27601
property at 505 Freeman St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

505 Freeman St

RaleighNC27601
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The Gramercy
Rent Specials
$1,305 - $2,290
Total Monthly Price

Total Monthly Price

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$1,305 - $2,290
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Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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The Miles
Rent Specials
$1,311 - $4,955
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Total Monthly Price

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$1,311 - $4,955
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Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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Elan City Center
Rent Specials
$1,330 - $2,960
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $2,960
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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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
$1,358 - $5,540
Total Monthly Price

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$1,358 - $5,540
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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
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The Devon Four25
Rent Specials
$1,400 - $5,119
Total Monthly Price

Total Monthly Price

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$1,400 - $5,119
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Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
Pet Friendly
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  • Utilities Included
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Cortland Glenwood South
Rent Specials
$1,403 - $11,643
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $11,643
Total Monthly Price
$1,403 - $11,643
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
Luxury
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The Art of the Rental Viewing: What to look for during a property tour

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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 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. Milner Commons has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable College Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
Milner CommonsStudio - The WillowStudio,1BA$900
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$949
Greenway Flats ApartmentsStudioStudio,1BA$995
The LincolnThe Hub StudioStudio,1BA$1,071
Brentmoor ApartmentsOberlin1BR,1BA$1,085
Longview Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,097
The Apartments at St. Mary'sS3Studio,1BA$1,145
Brookside ApartmentsStudio Newly Renovated1BR,1BA$1,149

Best Value Apartments for Rent in College Park, NC

As of April 09, 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 $1,350 with a $1.29 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$1.29
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
South Ridge3 Bed 1 Bath3BR,1BA$1.65
The WaverlyBerkely1BR,1BA$1.34
830 E Lenoir St, Unit 830.5830 E Lenoir St2BR,1BA$1.75
Brentmoor ApartmentsGlenwood1BR,1BA$1.58
Cameron Court1 Bedroom, 1 Bath1BR,1BA$1.82
Brookside ApartmentsStudio Newly RenovatedStudio ,1BA$1.84
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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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 Milner Commons listed at $900.

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

The lowest price for a Cheap One Bedroom College Park Apartment is $875 at Pine Hills Apartments 55+.

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 $1,150 at Trails Corner Apartments.

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 $1,500.

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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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.

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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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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

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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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.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

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Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.