Cheap Apartments for Rent in the Lake Boone Trail Neighborhood of Raleigh, NC from $700 (16 Rentals)

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

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

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Anclote Arms
2 to 3 Bedroom Apartments

Anclote Arms

3613-3625 Anclote PlRaleigh, NC 27607

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Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Lake Boone Trail, Raleigh, NC Local Guide

Cheapest Available Lake Boone Trail Apartments for Rent

 

The cheapest available apartment rental in the Lake Boone Trail area of Raleigh, NC is a 1 Bed unit found at Edwards Mill priced from $1,199. Grand Arbor Reserve Apartment Homes has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,250. Here are the most affordable Lake Boone Trail apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Edwards MillSloan Garden1BR,1BA$1,199
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1,250
Marshall Park Apartments + TownhomesCarolina / Centennial / Crabtree1BR,1BA$1,310
Marquis on Edwards Mill1A1BR,1BA$1,337
The Reverie at Lake BooneWhisperStudio,1BA$1,352

Best Value Apartments for Rent in Lake Boone Trail, NC

As of May 28, 2025 the best value apartment in the Lake Boone Trail area is the $0.94 price per square foot 3x3 - Hillsborough A Model at The Station Raleigh in the in the Ridge Park neighborhood starting from $1,270. The second greatest value Lake Boone Trail apartment is the Compton (C1) Model at Grand Arbor Reserve Apartment Homes starting at $1,849 with a $1.56 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.
The Station Raleigh3x3 - Hillsborough A3BR,3BA$0.94
Grand Arbor Reserve Apartment HomesCompton (C1)3BR,2BA$1.56
Marshall Park Apartments + TownhomesHoneycutt1BR,1BA$1.75
Edwards MillSloan Garden1BR,1BA$1.53
Parker ApartmentsThe Moore1BR,1BA$1.89
Marquis on Edwards Mill1A1BR,1BA$1.78
Leigh Housea3b_hc1BR,1BA$1.94
The Marlowe Lake BooneA2.11BR,1BA$2.11
The MalloryA1BR,1BA$2.08
MAA ValeA1 1x1 642 SF1BR,1BA$2.19

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Pet Friendly Lifestyle
Lake Boone Trail, Raleigh, NC

Ranked #96

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Getting Around the Lake Boone Trail Neighborhood in Raleigh, NC

Walk Score®

48 / 100

Car-Dependent

Most errands require a car

Bike Score®

50 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

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 $1,430.

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

The cheapest apartment in Lake Boone Trail is Edwards Mill which is listed at $1,199, while the average apartment in Lake Boone Trail costs $2,318.

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 22 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 $803 which is $1,515 cheaper than the average rent for all rentals in Lake Boone Trail.

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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.