Cheap Apartments for Rent in the Lake Johnson Neighborhood of Raleigh, NC from $599 (52 Rentals)

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

Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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403 West
Rent Specials
$1,136 - $2,586
Total Monthly Price

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$1,136 - $2,586
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1 to 4 Bedroom Apartments Available Now

403 West

403 Wolf Creek CirRaleigh, NC 27606
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Centerview at Crossroads
Rent Specials
$1,310 - $4,122
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Total Monthly Price

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$1,310 - $4,122
Total Monthly Price
$1,310 - $4,122
1 to 3 Bedroom Apartments Available Now

Centerview at Crossroads

1310 Silver Sage DrRaleigh, NC 27606
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The Dakota
$1,345 - $2,073
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$1,345 - $2,073
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1 to 3 Bedroom Apartments Available Now

The Dakota

1201 Pine Haven DrRaleigh, NC 27607
Student Housing
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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Arlow at Blue Ridge
Rent Specials
$1,367 - $1,915
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$1,367 - $1,915
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1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Milo
$1,445 - $2,670
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$1,445 - $2,670
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1 to 3 Bedroom Apartments Contact Us For Availability

Milo

821 Hanbury WyRaleigh, NC 27607
Luxury
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Allora Pines
Rent Specials
$1,470 - $1,975
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$1,470 - $1,975
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1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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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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Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
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Wayne Ridge Townhomes
2 Bedroom Apartments

Wayne Ridge Townhomes

1600-1638 Hammock PlRaleigh, NC 27606
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Tryon Place
$1,253 - $2,264
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$1,253 - $2,264
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Studio to 2 Bedroom Apartments Available Now

Tryon Place

4101 Skye LnCary, NC 27518
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Park at Crossroads
Rent Specials
$1,299 - $2,334
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,334
Total Monthly Price
$1,299 - $2,334
1 to 3 Bedroom Apartments Available Now

Park at Crossroads

6000 Scarlet Sky LnCary, NC 27518
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Lake Johnson, Raleigh, NC Local Guide

Cheapest Available Lake Johnson Apartments for Rent

 

The cheapest available apartment rental in the Lake Johnson area of Raleigh, NC is a 4 Beds unit found at Maxwell Raleigh priced from $799. Walnut Creek Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. Here are the most affordable Lake Johnson apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Maxwell RaleighDerby - D94BR,4BA$799
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$800
Stanhope2x2 Shared2BR,2BA$845
The Kenton Apartments1BR/1.0BA1BR,1BA$850
Woodall Apartments1402-K1BR,1BA$895
Westgrove Tower CondominiumsS1Studio,1BA$915
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$949
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$1,018
Oxford SquareAcacia Standard - Call For Availability1BR,1BA$1,075
Arbor Creek11BRP1BR,1BA$1,080

Best Value Apartments for Rent in Lake Johnson, NC

As of August 26, 2026 the best value apartment in the Lake Johnson area is the $0.76 price per square foot 3x3 Platinum Model at Campus Edge in the in the Lakeside neighborhood starting from $980. The second greatest value Lake Johnson apartment is the 3x3 Model at Centennial Ridge Student Housing starting at $599 with a $0.49 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Lake Johnson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Campus Edge3x3 Platinum3BR,3BA$0.76
Centennial Ridge Student Housing3x33BR,3BA$0.49
Walnut Creek ApartmentsTwo Bedroom 1.5 Bathroom Townhome2BR,1.5BA$1.20
Rhyne's Gate ApartmentsStandard Model2BR,2BA$1.29
Campus Crossings Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.86
Kensington ParkK1A1BR,1BA$1.36
South Valley ApartmentsThe Terrace2BR,1BA$1.44
MAA Trinity11B1BR,1BA$1.45
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1.13
The Kenton Apartments1BR/1.0BA1BR,1BA$1.29

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.

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Top 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.

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Real 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.

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Pet Friendly Lifestyle
Lake Johnson, Raleigh, NC

Ranked #27

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lake Johnson, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap Lake Johnson Apartments

What is a cheap apartment in Lake Johnson?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lake Johnson is under $1,080.

What is the price of a cheap apartment in Lake Johnson?

The cheapest apartment in Lake Johnson is The Kenton Apartments which is listed at $850, while the average apartment in Lake Johnson costs $1,498.

What types of apartments are the cheapest in Lake Johnson?

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 125 regular apartments in Lake Johnson 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 Johnson?

Cheap apartments in Lake Johnson have an average cost of $676 which is $822 cheaper than the average rent for all rentals in Lake Johnson.

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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