
Cheap Apartments for Rent in the Lakemont Neighborhood of Raleigh, NC from $700 (64 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lakemont area of Raleigh.


5208 Windwood Ct

Bridges at North Hills

Averelle North Hills

Aria North Hills

Vivo Living North Woods

The District

Lynnwood Park

1105 Flats at North Hills

Windsor Falls
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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Quail Ridge Apartments

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Montecito West

Tree Top

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Montecito

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Brentwood West

Anderson Hills

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North Oaks Landing

The Maddox

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Shellbrook

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Sommerset Place
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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

Laurel Springs

Residences Glenwood Place

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Broadstone Oak City

Meridian at Sutton Square

Litchford 315 Apartments

Cambridge Apartments

920 Hearthridge Ct

4813 Brockton Dr

Parker Apartments
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.

Sojourn Glenwood Place

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Jones Grant Urban Flats

Colony Townhomes

St. Albans Lofts

Lofts at North Hills

Park and Market

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Anderson Flats

Midtown Park Townhomes

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Atlantic Springs

7020 Mine Creek Ln
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

Aventon Nora

7010 Sandy Forks Rd

Cedar Point Apartments

Turtle Cove Apartments

Park Central Raleigh Apartments

Lynn Lake

Windy Hill Apartments

Channel House

XThe Dartmouth North Hills Apartments
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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

How much does it cost to rent an apartment in Lakemont?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakemont Studio Apartments | $1,371 | $832 | $2,249 |
| Lakemont 1 Bedroom Apartments | $1,507 | $800 | $2,617 |
| Lakemont 2 Bedroom Apartments | $1,826 | $1,028 | $3,520 |
| Lakemont 3 Bedroom Apartments | $2,249 | $1,445 | $4,282 |
Browse Apartments in this Neighborhood
There are currently 64 rentals with your search options within a 2 mile radius of the Lakemont Neighborhood of Raleigh, NC.
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Lakemont, Raleigh, NC Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aria North Hills | The Wood Duck Renovated | 1BR,1BA | $935 |
| The District | The Gray Fox | Studio,1BA | $945 |
| Lynnwood Park | The Alexander | 1BR,1BA | $950 |
| Bridges at North Hills | Studio (Renovated) | Studio,1BA | $955 |
| Averelle North Hills | The Iris | 1BR,1BA | $970 |
| 1105 Flats at North Hills | A4 | 1BR,1BA | $979 |
| Lynn Lake | 1B Renovation 2 | 1BR,1BA | $1,005 |
| Quail Ridge Apartments | 1 Bed 1 Bath | 1BR,1BA | $1,011 |
| Montecito West | One Bedroom - Medium | 1BR,1BA | $1,059 |
| Tree Top | Cedar | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Townhomes | CT 3x2 | 3BR,2BA | $1.15 |
| The Pointe at Midtown | C1B | 3BR,2BA | $1.50 |
| Litchford 315 Apartments | 2B - Wynbrook | 2BR,2BA | $1.52 |
| Casa de Luna | B2 | 2BR,1.5BA | $1.42 |
| Laurel Springs | The Oak | 1BR,1BA | $1.33 |
| Windsor Falls | Design 1B | 1BR,1BA | $1.38 |
| Lynn Lake | 1B Renovation 2 | 1BR,1BA | $1.28 |
| Brentwood West | 1 Bedroom | 1BR,1BA | $1.42 |
| Legacy North Pointe Apartments | A1 | 1BR,1BA | $1.52 |
| Quail Ridge Apartments | 1 Bed 1 Bath | 1BR,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.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 LifestyleLakemont, Raleigh, NC
Ranked #42
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
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 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

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
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.

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

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.

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.

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.

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.