Cheap Apartments for Rent in the Lakemont Neighborhood of Raleigh, NC from $700 (67 Rentals)

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

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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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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cedar Point Apartments
1 to 3 Bedroom Apartments

Cedar Point Apartments

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

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
  • Utilities Included

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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Lynn Lake
1 to 2 Bedroom Apartments

Lynn Lake

6500-6541 Paces Arbor CirRaleigh, NC 27609

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 Studio unit found at Vivo Living North Woods priced from $899. Tree Top has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Lakemont apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living North WoodsStudio AStudio,1BA$899
Tree TopOak1BR,1BA$930
1105 Flats at North HillsA11BR,1BA$945
Lynnwood ParkThe Alexander1BR,1BA$969
Averelle North HillsThe Camellia Renovated1BR,1BA$975
Bridges at North Hills1 Bed - 1 Bath (Renovated)1BR,1BA$995
ShellbrookEmerson 1-11BR,1BA$1,055
Brentwood West1 Bedroom1BR,1BA$1,089
Lynn Lake1B1BR,1BA$1,090
The Pointe at MidtownB12BR,1BA$1,092

Best Value Apartments for Rent in Lakemont, NC

As of June 16, 2025 the best value apartment in the Lakemont area is the $1.39 price per square foot MT 2x1.5 Model at Midtown Park Townhomes in the in the Lakemont neighborhood starting from $1,525. The second greatest value Lakemont apartment is the CT 2x1.5 Model at Colony Townhomes starting at $1,514 with a $1.40 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.
Midtown Park TownhomesMT 2x1.52BR,1.5BA$1.39
Colony TownhomesCT 2x1.52BR,1.5BA$1.40
Cambridge ApartmentsCamelot Renovated2BR,2.5BA$1.50
The Pointe at MidtownB22BR,2BA$1.33
Laurel SpringsThe Oak1BR,1BA$1.23
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.48
North Oaks LandingThe Crabtree1BR,1BA$1.46
Brentwood West1 Bedroom1BR,1BA$1.40
Casa de LunaA11BR,1BA$1.42
Tree TopCypress1BR,1BA$1.48

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Pet Friendly Lifestyle
Lakemont, Raleigh, NC

Ranked #19

Among neighborhoods in Raleigh, NC 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 Vivo Living North Woods listed at $899.

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

The lowest price for a Cheap One Bedroom Lakemont Apartment is $930 at Tree Top.

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 $1,092 at The Pointe at Midtown.

What is the most affordable Lakemont Three Bedroom Apartment?

The best deal on a cheap Lakemont Three Bedroom Apartment rental is at Windsor Falls and starts from $1,513.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.