Cheap Apartments for Rent in the Lake Boone Trail Neighborhood of Raleigh, NC from $600 (40 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Lake Boone Trail area of Raleigh.

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.

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Wedgwood Apartments
Rent Specials
$1,049 - $1,819
Total Monthly Price

Total Monthly Price

Base Rent
$1,049 - $1,819

Total Monthly Price
$1,049 - $1,819
Studio to 3 Bedroom Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
Affordability
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403 West
Rent Specials
$1,184 - $2,362
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $2,362

Total Monthly Price
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1 to 4 Bedroom Apartments Available Now

403 West

403 Wolf Creek CirRaleigh, NC 27606
Work From Home
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  • 3D Tour

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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.

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Concord Apartments
$1,193 - $1,723
Total Monthly Price

Total Monthly Price

Base Rent
$1,193 - $1,723

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Concord Apartments

3920 Knickerbocker PkyRaleigh, NC 27612
Corporate Housing
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The Devon Four25
Rent Specials
$1,247 - $4,787
Total Monthly Price

Total Monthly Price

Base Rent
$1,247 - $4,787

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Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
Pet Friendly
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The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,290

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Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
Furnished
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Leigh House
$1,374 - $2,114
Total Monthly Price

Total Monthly Price

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$1,374 - $2,114

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
Pet Friendly
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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.

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Anclote Arms
2 to 3 Bedroom Apartments

Anclote Arms

3609 Anclote PlRaleigh, NC 27607
property at 901 Marilyn Dr

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Condo for Rent

Available Now

901 Marilyn Dr, Unit B

901 Marilyn Dr
RaleighNC27607

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Cheapest Available Lake Boone Trail Apartments for Rent

 

The cheapest available apartment rental in the Lake Boone Trail area of Raleigh, NC is a 2 Beds unit found at Stanhope priced from $845. Westgrove Tower Condominiums has the second lowest priced unit, which is a Studio apartment currently listed from $915. Here are the most affordable Lake Boone Trail apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Stanhope2x2 Shared2BR,2BA$845
Westgrove Tower CondominiumsS1Studio,1BA$915
The Parke at Trinity Apartment HomesA11BR,1BA$977
Sterling Glenwood Apartments1A-R1BR,1BA$998
The Kenton Apartments1BR/1.0BA1BR,1BA$1,025
The Trails of North Hills1 Bedroom 1 Bath - B1BR,1BA$1,025
MAA Trinity11A1BR,1BA$1,043
Atria at Crabtree ValleyCreedmoor1BR,1BA$1,047
Wedgwood ApartmentsRaleigh 720 Sq. Ft.1BR,1BA$1,049
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1,122

Best Value Apartments for Rent in Lake Boone Trail, NC

As of May 31, 2026 the best value apartment in the Lake Boone Trail area is the $0.71 price per square foot 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh in the in the Roylene Acres neighborhood starting from $995. The second greatest value Lake Boone Trail apartment is the 3x3 - Hillsborough A Model at The Station Raleigh starting at $1,270 with a $0.94 price per square foot in the Ridge Park neighborhood. Here is today’s list of the best values for Lake Boone Trail apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redpoint Raleigh3 Bedroom, 3 BathTownhome3BR,3BA$0.71
The Station Raleigh3x3 - Hillsborough A3BR,3BA$0.94
Stanhope3x33BR,3BA$0.99
Inman ParkB22BR,2BA$1.35
Grand Arbor Reserve Apartment HomesCompton (C1)3BR,2BA$1.24
Spanish Trace Apartments2 Bed 1 Bath with Washer/Dryer - Deluxe2BR,1BA$1.49
Concord ApartmentsThe Emerson2BR,1BA$1.63
MAA Trinity11A1BR,1BA$1.30
The Trails of North Hills1 Bedroom 1 Bath - B1BR,1BA$1.54
The Kenton Apartments1BR/1.0BA1BR,1BA$1.55

Frequently Asked Questions about Cheap Lake Boone Trail Apartments

What is a cheap apartment in Lake Boone Trail?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Boone Trail is under $1,122.

What is the price of a cheap apartment in Lake Boone Trail?

The cheapest apartment in Lake Boone Trail is The Parke at Trinity Apartment Homes which is listed at $977, while the average apartment in Lake Boone Trail costs $1,978.

What types of apartments are the cheapest in Lake Boone Trail?

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 54 regular apartments in Lake Boone Trail 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 Lake Boone Trail?

Cheap apartments in Lake Boone Trail have an average cost of $512 which is $1,466 cheaper than the average rent for all rentals in Lake Boone Trail.

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.

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Articles, How-To's, and Tips

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

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Written by: Lauren Harrington

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.