4279 The Oaks Dr
RaleighNC27606
Cheap Apartments for Rent in the Lake Johnson Neighborhood of Raleigh, NC from $500 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Johnson area of Raleigh.
1351 Crab Orchard Dr, Unit 302
1351 Crab Orchard Dr
RaleighNC27606
Room in Condo on University Ct
1241 University Ct
RaleighNC27606
Room in Condo on University Ct
1251 University Ct
RaleighNC27606
1351 Crab Orchard Dr, Unit 302
1351 Crab Orchard Dr
RaleighNC27606
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.
Room in Condo on University Ct
1220 University Ct
RaleighNC27606
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$915 - $1,195Studio to 2 Bedroom Apartments Available Now
Westgrove Tower Condominiums
4700 Westgrove StRaleigh, NC 27606
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$9951 Bedroom Apartments Contact Us For Availability
Woodall Apartments
1400-1402 Gorman StRaleigh, NC 27606
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$1,021 - $5,5041 to 3 Bedroom Apartments Available Now
Trailwood Crossing Apartments
3004 Dorner CirRaleigh, NC 27606
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$1,0251 Bedroom Apartments Available Now
The Kenton Apartments
1309-1325 Kent RdRaleigh, NC 27606
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.
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$1,065 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
3116 Hillsborough
3116 Hillsborough StRaleigh, NC 27607
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$1,079 - $1,7941 to 3 Bedroom Apartments Available Now
Ashborough Apartments
5406 Viewcrest WayRaleigh, NC 27606
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$1,080 - $1,7601 to 4 Bedroom Apartments Available Now
Arbor Creek
5400 Portree PlRaleigh, NC 27606
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Rent Specials
$1,093 - $2,444
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,093 - $2,444
Total Monthly Price
Varies
403 West
403 Wolf Creek CirRaleigh, NC 27606
1251 University Ct
RaleighNC27606
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.
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1 to 3 Bedroom Apartments
Penwood Apartments
5401-5445 Penwood DrRaleigh, NC 27606
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Rent Specials
$1,075 - $2,2001 to 3 Bedroom Apartments Available Now
Oxford Square
1000 Village GreenwayCary, NC 27511
Showing Results 1-17, Page 1 of 1
Lake Johnson, Raleigh, NC Local Guide
How much does it cost to rent an apartment in Lake Johnson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Johnson Studio Apartments | $1,299 | $915 | $1,695 |
| Lake Johnson 1 Bedroom Apartments | $1,426 | $799 | $2,242 |
| Lake Johnson 2 Bedroom Apartments | $1,661 | $755 | $2,884 |
| Lake Johnson 3 Bedroom Apartments | $1,743 | $599 | $3,285 |
| Lake Johnson 4 Bedroom Apartments | $1,140 | $599 | $2,444 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Lake Johnson Neighborhood of Raleigh, NC.
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Lake Johnson, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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Cheapest Available Lake Johnson Apartments for Rent
The cheapest available apartment rental in the Lake Johnson 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 Johnson apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
| Trailwood Crossing Apartments | A1 - Bickmore | 1BR,1BA | $1,021 |
| The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1,025 |
| Oxford Square | Acacia Standard - Call For Availability | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Lake Johnson, NC
As of July 12, 2026 the best value apartment in the Lake Johnson area is the $0.39 price per square foot 4 Bedroom, 4.5 Bath Commons Model at Redpoint Raleigh in the in the Roylene Acres neighborhood starting from $905. The second greatest value Lake Johnson apartment is the 4x4 Corner Model at Stanhope starting at $1,199 with a $0.78 price per square foot in the Grove Park neighborhood. Here is today’s list of the best values for Lake Johnson apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redpoint Raleigh | 4 Bedroom, 4.5 Bath Commons | 4BR,4.5BA | $0.39 |
| Stanhope | 4x4 Corner | 4BR,4BA | $0.78 |
| The Enclave at Crossroads | The Ocracoke | 3BR,2BA | $1.22 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.49 |
| Kensington Park | K2E | 2BR,2BA | $1.44 |
| Campus Edge | 2x2 Platinum | 2BR,2BA | $1.01 |
| South Valley Apartments | The Terrace | 2BR,1BA | $1.47 |
| Trailwood Crossing Apartments | A1 - Bickmore | 1BR,1BA | $1.26 |
| MAA Trinity | 11A | 1BR,1BA | $1.40 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.44 |
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.
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.
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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.
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Pet Friendly LifestyleLake Johnson, Raleigh, NC
Ranked #31
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 $1,225.
What is the price of a cheap apartment in Lake Johnson?
The cheapest apartment in Lake Johnson is Trailwood Crossing Apartments which is listed at $1,021, while the average apartment in Lake Johnson costs $1,787.
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 65 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 $541 which is $1,246 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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
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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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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.