
Cheap Homes for Rent in College Park Neighborhood of Raleigh, NC from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the College Park area of Raleigh.


Room in House on Downing Rd

Room in House on Collaborative Wy

429 Rose Ln
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.

429 Rose Ln

120 Star St

1320 Park Glen Dr

3119 Woodpecker Ct
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.

717 Friar Tuck Rd
College Park, Raleigh, NC Local Guide

How much does it cost to rent a home in College Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| College Park 2 Bedroom Homes for Rent | $1,953 | $950 | $3,500 |
| College Park 3 Bedroom Homes for Rent | $2,212 | $1,100 | $4,245 |
| College Park 4 Bedroom Homes for Rent | $3,123 | $2,000 | $4,200 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the College Park Neighborhood of Raleigh, NC.
Explore Raleigh
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. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. 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 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $989 |
| The Waverly | Edinburgh | 1BR,1BA | $989 |
Best Value Apartments for Rent in College Park, NC
As of December 29, 2025 the best value apartment in the College Park area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value College Park apartment is the 2 Bed #310 Model at 618 N Boylan Ave starting at $2,035 with a $1.30 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1115 Marshall St | Entire Home | 4BR,3.5BA | $0.91 |
| 618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.30 |
| Capital Apartments | 201 | 2BR,1BA | $1.32 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.35 |
| Walnut Ridge | Three Bedroom | 3BR,2BA | $1.28 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.38 |
| The Waverly | Windsor | 2BR,2BA | $1.14 |
| Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.15 |
| Milner Commons | 2 Bedroom - The Evergreen | 2BR,1BA | $1.22 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1.50 |
Frequently Asked Questions about College Park
What type of rentals are currently available in College Park?
There are currently 287 Apartments for Rent in College Park, NC with pricing that ranges from $750 to $8,981. There are also 140 Single Family Homes for rent, Condos, and Townhome rentals currently available in College Park ranging from $550 to $4,500.
What is the current price range for Rental Homes in College Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in College Park ranges from $550 to $4,500 with an average monthly rent of $2,642.
How much are larger Three and Four Bedroom Rentals in College Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in College Park range from $1,250 to $8,981, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,245. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,780.
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.
Articles, How-To's, and Tips

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.