
Cheap Homes for Rent in Herndon Place Neighborhood of Raleigh, NC from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Herndon Place area of Raleigh.


1007 Tipton St

1007 Tipton St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

305 Kennedy St

305 Kennedy St

202 Selwyn Alley
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.
Herndon Place, Raleigh, NC Local Guide

How much does it cost to rent a home in Herndon Place?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Herndon Place 2 Bedroom Homes for Rent | $1,457 | $975 | $2,599 |
| Herndon Place 3 Bedroom Homes for Rent | $1,997 | $1,495 | $2,850 |
| Herndon Place 4 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Herndon Place Neighborhood of Raleigh, NC.
Explore Raleigh
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 Milner Commons priced from $900. 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 Herndon Place apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Milner Commons | Studio - The Willow | Studio,1BA | $900 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $989 |
| The Lincoln | The Hub Studio | Studio,1BA | $1,106 |
Best Value Apartments for Rent in Herndon Place, NC
As of April 24, 2026 the best value apartment in the Herndon Place area is the $1.29 price per square foot 2 BR 1.5 BA TOWNHOME Model at The Mordecai on Clover in the in the Blount Street neighborhood starting from $1,350. The second greatest value Herndon Place apartment is the 1x1 Partial Upgrade Model at Brookside Apartments starting at $1,149 with a $1.51 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.29 |
| Brookside Apartments | 1x1 Partial Upgrade | 1BR,1BA | $1.51 |
| Skyhouse Raleigh | A9 | 1BR,1BA | $2.56 |
| The Edison Lofts Apartments | 1 Bedroom 1 Bath A2 | 1BR,1BA | $2.08 |
| Elan City Center | B1-2 | 1BR,1BA | $2.19 |
| 900 Moses Ct | 900 Moses Ct | 1BR,1BA | $1.50 |
| The Lincoln | The Craft | 1BR,1BA | $2.09 |
| The Acorn on Person Street | Lee | Studio ,1BA | $2.32 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1.98 |
| Milner Commons | Studio - The Willow | Studio ,1BA | $2.21 |
Frequently Asked Questions about Herndon Place
What type of rentals are currently available in Herndon Place?
There are currently 106 Apartments for Rent in Herndon Place, NC with pricing that ranges from $989 to $2,780. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Herndon Place ranging from $795 to $2,995.
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 $795 to $2,995 with an average monthly rent of $1,850.
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.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.