
Cheap Apartments for Rent in the College Park Neighborhood of Raleigh, NC from $500 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the College Park area of Raleigh.


Pine Hills Apartments 55+

Total Monthly Price
Skyhouse Raleigh

1902 New Bern Ave

1906 Hawkins St

Greenway Flats Apartments

Walnut Ridge

The Waverly

Warm up to great deals!!

710 Highgate Pl
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.

Brentmoor Apartments

Total Monthly Price
Brookside Apartments

Trails Corner Apartments

The Falstaff

The Apartments at St. Mary's

The Row

704 McMakin St

South Ridge

The Lincoln

912 S Bloodworth St
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.

Cameron Court

801 Devereux St

Forge at Raleigh Iron Works

Cortland Glenwood South

Platform

Total Monthly Price
The Gramercy

Total Monthly Price
Mira

Total Monthly Price
The Metropolitan

1321 Park Glen Dr

801 Glenwood Ave, Unit 0
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.

Historic Boylan Apartments

Ray at The Weld

The Edison Lofts Apartments

511 Faye

Total Monthly Price
The Point

Link Apartments® Glenwood South

312-D Dacian Rd

Total Monthly Price
The Holston

Total Monthly Price
Elan City Center

Total Monthly Price
The Miles
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.

The L Apartments

Address East End

Total Monthly Price
The Devon Four25

Total Monthly Price
The Signal

Total Monthly Price
The Dillon

712 Tucker

3102 Woodpecker Ct

Garden Spring Apartments

Washington Terrace Apartments

Stony Brook
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.
College Park, Raleigh, NC Local Guide

How much does it cost to rent an apartment in College Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Park Studio Apartments | $1,693 | $954 | $3,805 |
| College Park 1 Bedroom Apartments | $2,042 | $720 | $6,417 |
| College Park 2 Bedroom Apartments | $2,886 | $975 | $8,071 |
| College Park 3 Bedroom Apartments | $3,438 | $1,275 | $10,000+ |
| College Park 4 Bedroom Apartments | $1,846 | $1,780 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 73 rentals with your search options within a 2 mile radius of the College Park Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
College Park, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. Walnut Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable College Park apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| Walnut Ridge | Two Bedroom | 2BR,2BA | $995 |
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Capital Flats & Magnolia Square Apartments | MS 1x1 | 1BR,1BA | $999 |
| Skyhouse Raleigh | S4 | Studio,1BA | $1,069 |
| Warm up to great deals!! | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,097 |
| The Acorn on Person Street | Lee | Studio,1BA | $1,099 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1,125 |
| Brookside Apartments | Studio Newly Renovated | Studio,1BA | $1,149 |
| Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1,154 |
Best Value Apartments for Rent in College Park, NC
As of February 22, 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 Three Bedroom Model at Walnut Ridge starting at $1,547 with a $1.33 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for College Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.56 |
| Walnut Ridge | Three Bedroom | 3BR,2BA | $1.33 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.29 |
| The Waverly | Windsor | 2BR,2BA | $1.24 |
| Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.15 |
| Milner Commons | 2 Bedroom - The Evergreen | 2BR,1BA | $1.22 |
| South Ridge | 3 Bed 1 Bath | 3BR,1BA | $1.65 |
| Cameron Court | 2 Bedroom, 1 Bath | 2BR,1BA | $1.78 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1.53 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $1.55 |
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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleTop 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.
Read ArticleQuick 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
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 $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 $995 at Walnut 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 The Waverly and starts from $1,476.
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

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.

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.

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.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.