Cheap Homes for Rent in Herndon Place Neighborhood of Raleigh, NC from $800 (6 Rentals)

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property at 307 Kennedy St

307 Kennedy St

RaleighNC27610

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.

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.

Herndon Place, Raleigh, NC Local Guide

Cheapest Available Herndon Place Apartments for Rent

 

The cheapest available apartment rental in the Herndon Place area of Raleigh, NC is a Studio unit found at The Lincoln priced from $1,042. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here are the most affordable Herndon Place apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The LincolnThe Hub StudioStudio,1BA$1,042
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$1,150
Skyhouse RaleighA11BR,1BA$1,194

Best Value Apartments for Rent in Herndon Place, NC

As of November 10, 2025 the best value apartment in the Herndon Place 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 Herndon Place apartment is the Hudsen - Hargett Model at ABODE at Hargett starting at $3,125 with a $1.97 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Herndon Place apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1115 Marshall StEntire Home4BR,3.5BA$0.91
ABODE at HargettHudsen - Hargett3BR,2.5BA$1.97
Capital Apartments2012BR,1BA$1.35
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.24
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
Brookside Apartments1x1 Newly Renovated1BR,1BA$1.71
Elan City CenterB1-11BR,1BA$2.31
The LincolnThe Hub StudioStudio ,1BA$1.88
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$2.13
The Acorn on Person StreetLeeStudio ,1BA$2.42

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The 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.

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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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Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle
Herndon Place, Raleigh, NC

Ranked #118

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Herndon Place

What type of rentals are currently available in Herndon Place?

There are currently 108 Apartments for Rent in Herndon Place, NC with pricing that ranges from $848 to $4,000. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herndon Place ranging from $850 to $3,200.

What is the current price range for Rental Homes in Herndon Place?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Herndon Place ranges from $850 to $3,200 with an average monthly rent of $1,985.

How much are larger Three and Four Bedroom Rentals in Herndon Place?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Herndon Place range from $1,566 to $3,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,480 to $3,150. Four Bedroom Single-Family rentals are also available starting from $2,300 and Four Bedroom Apartments start at $4,000.

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.

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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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.