
Cheap Apartments for Rent in the Lake Johnson Neighborhood of Raleigh, NC from $600 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lake Johnson area of Raleigh.


Room in Condo on University Ct

1241 University Ct, Unit 204

Woodall Apartments

Westgrove Tower Condominiums

1518 Ashburton Rd

Arbor Creek

Pine Knoll Apartments
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.

The Retreat at Lake Johnson Apartments

The Kenton Apartments

MAA Trinity

3116 Hillsborough

Trailwood Crossing Apartments

Walnut Creek Apartments

Kensington Park

The Summit at Avent Ferry
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Bacarra

Total Monthly Price
403 West

Bell Jones Franklin

Ashborough Apartments

Penwood Apartments

Aurella Cary

Oxford Square

Total Monthly Price
Amberwood at Lochmere
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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 | $1,320 | $915 | $1,695 |
| Lake Johnson 1 Bedroom Apartments | $1,413 | $799 | $2,654 |
| Lake Johnson 2 Bedroom Apartments | $1,645 | $799 | $3,005 |
| Lake Johnson 3 Bedroom Apartments | $1,750 | $719 | $3,075 |
| Lake Johnson 4 Bedroom Apartments | $1,172 | $695 | $2,401 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Lake Johnson Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Lake Johnson, Raleigh, NC Local Guide
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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 |
| MAA Trinity | 11A | 1BR,1BA | $963 |
| The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $1,007 |
| Aurella Cary | The Camillia | 1BR,1BA | $1,015 |
Best Value Apartments for Rent in Lake Johnson, NC
As of May 28, 2026 the best value apartment in the Lake Johnson area is the $1.19 price per square foot The Ocracoke Model at The Enclave at Crossroads in the in the Lakeside neighborhood starting from $1,753. The second greatest value Lake Johnson apartment is the 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh starting at $995 with a $0.71 price per square foot in the Roylene Acres 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. |
|---|---|---|---|
| The Enclave at Crossroads | The Ocracoke | 3BR,2BA | $1.19 |
| Redpoint Raleigh | 3 Bedroom, 3 BathTownhome | 3BR,3BA | $0.71 |
| Stanhope | 3x3 | 3BR,3BA | $0.99 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.59 |
| Kensington Park | K2C | 2BR,1.5BA | $1.25 |
| MAA Trinity | 22A | 2BR,2BA | $1.35 |
| Campus Edge | 2x2 Platinum | 2BR,2BA | $0.99 |
| Remington Place | Fairfield I | 1BR,1BA | $1.46 |
| South Valley Apartments | The Terrace | 2BR,1BA | $1.47 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.40 |
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.
Read ArticleTop 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.
Read ArticleQuick Rent Budget Calculator
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.
Pet Friendly LifestyleLake Johnson, Raleigh, NC
Ranked #30
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 $1,169.
What is the price of a cheap apartment in Lake Johnson?
The cheapest apartment in Lake Johnson is The Retreat at Lake Johnson Apartments which is listed at $1,002, while the average apartment in Lake Johnson costs $1,756.
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 74 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 $603 which is $1,153 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.
Helpful Local Expert Guides

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
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Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

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Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.