Cheap Apartments for Rent in the Indian Hills Neighborhood of Raleigh, NC from $400 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Indian Hills area of Raleigh.

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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
  • Utilities Included
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
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Cardinal Apartments
2 Bedroom Apartments

Cardinal Apartments

4801-4815 Bluebird CtRaleigh, NC 27606
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Showing Results 1-41, Page 1 of 1

Indian Hills, Raleigh, NC Local Guide

Cheapest Available Indian Hills Apartments for Rent

 

The cheapest available apartment rental in the Indian Hills area of Raleigh, NC is a Studio unit found at Westgrove Tower Condominiums priced from $895. 1820 at Centennial has the second lowest priced unit, which is a 4 Beds apartment currently listed from $900. Here are the most affordable Indian Hills apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Westgrove Tower CondominiumsS1Studio,1BA$895
1820 at Centennial4x44BR,4BA$900
Arbor Creek11B1BR,1BA$955
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$967
The GroveA1 - The Mirlen1BR,1BA$969
403 WestA11BR,1BA$1,012
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,022
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050

Best Value Apartments for Rent in Indian Hills, NC

As of June 21, 2025 the best value apartment in the Indian Hills area is the $0.55 price per square foot 5x5 Loft Private Access Model at Paloma Raleigh in the in the Roylene Acres neighborhood starting from $959. The second greatest value Indian Hills apartment is the Four Bedrooms Model at Stanhope starting at $1,250 with a $0.79 price per square foot in the Grove Park neighborhood. Here is today’s list of the best values for Indian Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paloma Raleigh5x5 Loft Private Access5BR,5BA$0.55
StanhopeFour Bedrooms4BR,4BA$0.79
University Village at 25054x44BR,4BA$0.56
The Station Raleigh3x3 - Hillsborough A3BR,3BA$0.94
Campus Edge3x3 Platinum3BR,3BA$0.72
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.67
Centennial Ridge Student Housing3x33BR,3BA$0.67
1820 at Centennial3x33BR,3BA$0.84
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Indian Hills, Raleigh, NC

Ranked #75

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Indian Hills, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Raleigh. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Indian Hills Apartments

What is a cheap apartment in Indian Hills?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Indian Hills is under $1,050.

What is the price of a cheap apartment in Indian Hills?

The cheapest apartment in Indian Hills is Westgrove Tower Condominiums which is listed at $950, while the average apartment in Indian Hills costs $1,821.

What types of apartments are the cheapest in Indian Hills?

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 62 regular apartments in Indian Hills 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 Indian Hills?

Cheap apartments in Indian Hills have an average cost of $439 which is $1,382 cheaper than the average rent for all rentals in Indian Hills.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.