
Cheap Apartments for Rent in the Highland Park Neighborhood of Raleigh, NC from $1,000 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Highland Park area of Raleigh.


Total Monthly Price
Columns at Wakefield

Maystone at Wakefield

Total Monthly Price
The Residences at Wakefield

Wakefield Station
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.

Total Monthly Price
Legacy at Wakefield Apartments

Total Monthly Price
Wakefield Glen

Madison Wakefield

11711 Mezzanine Dr

The Pointe at Heritage
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.

Capital Creek at Heritage Apartments

Caveness Farms

Aston Apartments

Palisades of Wake Forest

Hawthorne at the Forest
Cash 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.

Total Monthly Price
The Lindley at Grove 98

Crossings at Heritage
Highland Park, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Highland Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Highland Park 1 Bedroom Apartments | $1,449 | $1,090 | $2,202 |
| Highland Park 2 Bedroom Apartments | $1,723 | $1,306 | $2,697 |
| Highland Park 3 Bedroom Apartments | $1,941 | $1,546 | $3,162 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Highland Park Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Highland Park, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Highland Park Apartments for Rent
 The cheapest available apartment rental in the Highland Park area of Raleigh, NC is a 1 Bed unit found at Maystone at Wakefield priced from $1,181. The Residences at Wakefield has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,184. Here are the most affordable Highland Park apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Maystone at Wakefield | Sunstone | 1BR,1BA | $1,181 |
| The Residences at Wakefield | Hickory-Reno | 1BR,1BA | $1,184 |
| Legacy at Wakefield Apartments | A1 | 1BR,1BA | $1,220 |
| Caveness Farms | A1 | 1BR,1BA | $1,220 |
| Aston Apartments | Bennet | 1BR,1BA | $1,221 |
Best Value Apartments for Rent in Highland Park, NC
As of June 01, 2026 the best value apartment in the Highland Park area is the $1.51 price per square foot Holly-Reno Model at The Residences at Wakefield in the in the Manchester neighborhood starting from $1,781. The second greatest value Highland Park apartment is the A2 Harmony Model at Caveness Farms starting at $1,485 with a $1.74 price per square foot in the Reynolds Mill neighborhood. Here is today’s list of the best values for Highland Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Residences at Wakefield | Holly-Reno | 2BR,2BA | $1.51 |
| Caveness Farms | A2 Harmony | 1BR,1BA | $1.74 |
| Wakefield Glen | A1 | 1BR,1BA | $1.58 |
| Palisades of Wake Forest | The York w/Sunroom | 1BR,1BA | $1.54 |
| Capital Creek at Heritage Apartments | 1BR 1BA (A4 - 833 SF) | 1BR,1BA | $1.52 |
| Aston Apartments | Iredell | 1BR,1BA | $1.47 |
| Hawthorne at the Forest | Woodland | 1BR,1BA | $1.60 |
| Maystone at Wakefield | Sunstone | 1BR,1BA | $1.47 |
| Columns at Wakefield | The Kennington (Renovated) | 1BR,1BA | $1.75 |
| The Pointe at Heritage | Jade II Newly Renovated | 1BR,1BA | $1.73 |
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 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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Pet Friendly LifestyleHighland Park, Raleigh, NC
Ranked #103
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Highland Park Apartments
What is the price of a cheap apartment in Highland Park?
The cheapest apartment in Highland Park is Maystone at Wakefield which is listed at $1,181, while the average apartment in Highland Park costs $1,914.
What types of apartments are the cheapest in Highland Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Highland Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Highland Park?
Cheap apartments in Highland Park have an average cost of $113 which is $1,801 cheaper than the average rent for all rentals in Highland Park.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.