Cheap Apartments for Rent in the Lakemont Neighborhood of Raleigh, NC from $700 (62 Rentals)

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

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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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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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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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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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
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Lynn Lake
1 to 2 Bedroom Apartments

Lynn Lake

6500-6541 Paces Arbor CirRaleigh, NC 27609

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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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. Averelle North Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. Here are the most affordable Lakemont apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living North WoodsStudio AStudio,1BA$899
Averelle North HillsThe Camellia1BR,1BA$975
The District North HillsThe Gray Fox - StudioStudio,1BA$995
Quail Ridge Apartments1 Bed 1 Bath1BR,1BA$995
North Oaks LandingThe Crabtree1BR,1BA$999
LYV Six ForksA1 - The Pine1BR,1BA$999
1105 Flats at North HillsA41BR,1BA$999
Lynnwood ParkThe Alexander1BR,1BA$1,030
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1,057
Tree TopBirch2BR,1BA$1,075

Best Value Apartments for Rent in Lakemont, NC

As of September 20, 2025 the best value apartment in the Lakemont area is the $1.27 price per square foot C2 Model at Pine Village in the in the Northridge Trace neighborhood starting from $1,579. The second greatest value Lakemont apartment is the Oakview Model at North Oaks Landing starting at $1,550 with a $1.29 price per square foot in the Northridge Trace 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.
Pine VillageC23BR,2BA$1.27
North Oaks LandingOakview3BR,2BA$1.29
The Pointe at MidtownC13BR,2BA$1.37
Windsor FallsB2A2BR,2BA$1.40
Midtown Park TownhomesMT 2x1.52BR,1.5BA$1.12
Colony TownhomesCT 2x1.52BR,1.5BA$1.40
MontecitoTwo BedroomA2BR,2BA$1.38
Laurel SpringsThe Oak1BR,1BA$1.18
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.31
Brentwood West1 Bedroom1BR,1BA$1.40

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Lakemont, Raleigh, NC

Ranked #40

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Lakemont, Raleigh, NC

School data provided by Great Schools

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 a cheap apartment in Lakemont?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Lakemont is under $1,075.

What is the price of a cheap apartment in Lakemont?

The cheapest apartment in Lakemont is 1105 Flats at North Hills which is listed at $925, while the average apartment in Lakemont costs $2,200.

What types of apartments are the cheapest in Lakemont?

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 13 regular apartments in Lakemont 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 Lakemont?

Cheap apartments in Lakemont have an average cost of $204 which is $1,996 cheaper than the average rent for all rentals in Lakemont.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.