
Cheap Homes for Rent in Lake Johnson Neighborhood of Raleigh, NC from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Lake Johnson area of Raleigh.


Room in Condo on University Ct

1251 University Ct
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.

1351 Crab Orchard Dr

1351 Crab Orchard Dr, Unit 302

1241 University Ct, Unit 204
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.
Lake Johnson, Raleigh, NC Local Guide

How much does it cost to rent a home in Lake Johnson?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lake Johnson 2 Bedroom Homes for Rent | $2,125 | $1,850 | $2,400 |
| Lake Johnson 3 Bedroom Homes for Rent | $3,583 | $1,750 | $4,500 |
| Lake Johnson 4 Bedroom Homes for Rent | $3,741 | $650 | $5,000 |
| Lake Johnson 5 Bedroom Homes for Rent | $6,000 | $6,000 | $6,000 |
Browse Homes for Rent in this Neighborhood
There are currently 6 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
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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 Studio unit found at Westgrove Tower Condominiums priced from $915. The Retreat at Lake Johnson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $981. Here are the most affordable Lake Johnson apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
| The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $981 |
| 403 West | A1 | 1BR,1BA | $988 |
Best Value Apartments for Rent in Lake Johnson, NC
As of December 20, 2025 the best value apartment in the Lake Johnson area is the $0.70 price per square foot 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh in the in the Roylene Acres neighborhood starting from $975. The second greatest value Lake Johnson apartment is the 3x3 Model at Centennial Ridge Student Housing starting at $699 with a $0.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Redpoint Raleigh | 3 Bedroom, 3 BathTownhome | 3BR,3BA | $0.70 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.58 |
| Gorman Crossings | 3B | 3BR,2BA | $1.34 |
| Williamsburg Manor | 2 Bed 1.5 Bath Renovated W/D Connection | 2BR,1.5BA | $1.28 |
| Remington Place | Fairfield II | 1BR,1BA | $1.19 |
| The Enclave at Crossroads | The Roanoke | 1BR,1BA | $1.26 |
| Trailwood Crossing Apartments | A1 - Bickmore | 1BR,1BA | $1.40 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.37 |
| Kensington Park | K1B | 1BR,1BA | $1.34 |
| Madison Hunters Glen | The Oak | 1BR,1BA | $1.41 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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 #37
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 Lake Johnson
What type of rentals are currently available in Lake Johnson?
There are currently 58 Apartments for Rent in Lake Johnson, NC with pricing that ranges from $699 to $3,108. There are also 24 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lake Johnson ranging from $600 to $6,000.
What is the current price range for Rental Homes in Lake Johnson?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lake Johnson ranges from $600 to $6,000 with an average monthly rent of $3,213.
How much are larger Three and Four Bedroom Rentals in Lake Johnson?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lake Johnson range from $699 to $3,108, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $4,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $780.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!