Cheap Apartments for Rent in the Lakemont Neighborhood of Raleigh, NC from $700 (64 Rentals)

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

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.

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Montecito West
Rent Specials
$1,059 - $1,574
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$1,059 - $1,574

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1 to 2 Bedroom Apartments Available Now

Montecito West

1313 Hardimont RdRaleigh, NC 27609
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Montecito
Rent Specials
$1,101 - $1,381
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$1,101 - $1,381

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Montecito

3800 Colby DrRaleigh, NC 27609
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Brentwood West
$1,108 - $1,569
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$1,108 - $1,569

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1 to 3 Bedroom Apartments Available Now

Brentwood West

3800-3839 Brentwood RdRaleigh, NC 27604
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North Oaks Landing
Rent Specials
$1,134 - $2,023
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$1,134 - $2,023

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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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Shellbrook
Rent Specials
$1,180 - $1,830
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$1,180 - $1,830

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Shellbrook

910 Shellbrook CtRaleigh, NC 27609
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Sommerset Place
Rent Specials
$1,213 - $1,443
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$1,213 - $1,443

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Sommerset Place

6717 Six Forks RdRaleigh, NC 27615
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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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Midtown Crossing
$1,217 - $1,852
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$1,217 - $1,852

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1 to 3 Bedroom Apartments Available Now

Midtown Crossing

317 Lynn RdRaleigh, NC 27609
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Broadstone Oak City
Rent Specials
$1,261 - $2,058
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$1,261 - $2,058

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Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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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.

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Jones Grant Urban Flats
Rent Specials
$1,344 - $2,227
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$1,344 - $2,227

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Studio to 2 Bedroom Apartments Available Now

Jones Grant Urban Flats

1040 Wake Towne DrRaleigh, NC 27609
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Anderson Flats
Rent Specials
$1,396 - $2,003
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$1,396 - $2,003

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Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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Atlantic Springs
Rent Specials
$1,409 - $1,970
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$1,409 - $1,970

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Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
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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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Lassiter at North Hills
Rent Specials
$1,489 - $4,679
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$1,489 - $4,679

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Lassiter at North Hills

4209 Lassiter Mill RdRaleigh, NC 27609
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Cedar Point Apartments
1 to 3 Bedroom Apartments

Cedar Point Apartments

7101 Sandy Forks RdRaleigh, NC 27615
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Turtle Cove Apartments
1 to 2 Bedroom Apartments

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
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Lynn Lake
1 to 2 Bedroom Apartments

Lynn Lake

6500-6541 Paces Arbor CirRaleigh, NC 27609
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Channel House
Studio to 3 Bedroom Apartments

Channel House

540 St. Albans DrRaleigh, NC 27609

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.

Lakemont, Raleigh, NC Local Guide

Cheapest Available Lakemont Apartments for Rent

 

The cheapest available apartment rental in the Lakemont area of Raleigh, NC is a 1 Bed unit found at Aria North Hills priced from $935. The District has the second lowest priced unit, which is a Studio apartment currently listed from $945. Here are the most affordable Lakemont apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Aria North HillsThe Wood Duck Renovated1BR,1BA$935
The DistrictThe Gray FoxStudio,1BA$945
Lynnwood ParkThe Alexander1BR,1BA$950
Bridges at North HillsStudio (Renovated)Studio,1BA$955
Averelle North HillsThe Iris1BR,1BA$970
1105 Flats at North HillsA41BR,1BA$979
Lynn Lake1B Renovation 21BR,1BA$1,005
Quail Ridge Apartments1 Bed 1 Bath1BR,1BA$1,011
Montecito WestOne Bedroom - Medium1BR,1BA$1,059
Tree TopCedarStudio,1BA$1,074

Best Value Apartments for Rent in Lakemont, NC

As of April 22, 2026 the best value apartment in the Lakemont area is the $1.15 price per square foot CT 3x2 Model at Colony Townhomes in the in the Copper Ridge neighborhood starting from $1,700. The second greatest value Lakemont apartment is the C1B Model at The Pointe at Midtown starting at $1,790 with a $1.50 price per square foot in the Lakemont neighborhood. Here is today’s list of the best values for Lakemont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony TownhomesCT 3x23BR,2BA$1.15
The Pointe at MidtownC1B3BR,2BA$1.50
Litchford 315 Apartments2B - Wynbrook2BR,2BA$1.52
Casa de LunaB22BR,1.5BA$1.42
Laurel SpringsThe Oak1BR,1BA$1.33
Windsor FallsDesign 1B1BR,1BA$1.38
Lynn Lake1B Renovation 21BR,1BA$1.28
Brentwood West1 Bedroom1BR,1BA$1.42
Legacy North Pointe ApartmentsA11BR,1BA$1.52
Quail Ridge Apartments1 Bed 1 Bath1BR,1BA$1.49

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The 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.

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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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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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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 Lifestyle
Lakemont, Raleigh, NC

Ranked #42

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Lifestyle Ratings

This website compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in metropolitan areas across the United States, including Raleigh. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for the best outdoor access, luxury amenities, family-friendliness, raising pets, transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Lakemont Apartments

What is the Cheapest Studio apartment in Lakemont?

Currently the most affordable Cheap Studio Apartment in Lakemont is at The District listed at $945.

How much is rent for a Cheap One Bedroom Lakemont Apartment?

The lowest price for a Cheap One Bedroom Lakemont Apartment is $935 at Aria North Hills.

What is the lowest price for a Cheap Two Bedroom Lakemont Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Lakemont is starting from $1,028 at Bridges at North Hills.

What is the most affordable Lakemont Three Bedroom Apartment?

The best deal on a cheap Lakemont Three Bedroom Apartment rental is at North Oaks Landing and starts from $1,469.

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

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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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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.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

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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Discover Raleigh, North Carolina: A Locals Take on the City of Oaks

Written by: Chris Munier

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.

Articles, How-To's, and Tips

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.