Cheap Apartments for Rent in the Lakeside Neighborhood of Raleigh, NC from $500 (85 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1220 University Ct

$600

Total Monthly Price

Total Monthly Price

Base Rent
$600
Total Monthly Price
$600

1 Bedroom, 1 Bath Condo for Rent

Available Now

1220 University Ct, Unit 102

1220 University Ct
RaleighNC27606

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.

Read Article
property at 1911 Wolftech Ln

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625
Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

1911 Wolftech Ln, Unit 104

1911 Wolftech Ln
RaleighNC27603

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 1420 Collegiate Cir

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Condo for Rent

Available Aug 15

1420 Collegiate Cir

RaleighNC27606
property at 1420 Collegiate Cir

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700
Total Monthly Price
$700

1 Bedroom, 1 Bath Condo for Rent

Available Now

1420 Collegiate Cir

RaleighNC27606

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.

Read Article

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Read Article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 2

Lakeside, Raleigh, NC Local Guide

Cheapest Available Lakeside Apartments for Rent

 

The cheapest available apartment rental in the Lakeside area of Raleigh, NC is a 1 Bed unit found at The Kenton Apartments priced from $945. The Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $978. Here are the most affordable Lakeside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Kenton Apartments1BR/1.0BA1BR,1BA$945
The GroveA1 - The Grove1BR,1BA$978
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,125
Arbor Creek11HZ1BR,1BA$1,130

Best Value Apartments for Rent in Lakeside, NC

As of August 13, 2026 the best value apartment in the Lakeside area is the $0.46 price per square foot 1440 Collegiate Cir Model at 1440 Collegiate Cir, Unit 104 in the in the Lakeside neighborhood starting from $625. The second greatest value Lakeside apartment is the 2021 Wolf Tech Ln Model at 2021 Wolf Tech Ln, Unit 204 starting at $625 with a $0.46 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Lakeside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
1440 Collegiate Cir, Unit 1041440 Collegiate Cir4BR,4BA$0.46
2021 Wolf Tech Ln, Unit 2042021 Wolf Tech Ln4BR,4BA$0.46
4105 Iver Johnson Dr4105 Iver Johnson Dr2BR,2.5BA$0.74
Tryon Flats ApartmentsA24BR,4BA$0.58
3770 Pardue Woods Pl, Unit 3013770 Pardue Woods Pl3BR,3BA$0.48
1500 Graduate Ln, Unit 15001500 Graduate Ln4BR,4BA$0.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.49
1820 at Centennial3x33BR,3BA$0.61
Campus West at Tryon3X33BR,3BA$0.67
Campus Crossings Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.86

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 Article
Decorative image

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.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Best Local Schools in
Lakeside, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Southwestern Raleigh, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Lakeside Apartments

What is the price of a cheap apartment in Lakeside?

The cheapest apartment in Lakeside is The Kenton Apartments which is listed at $945, while the average apartment in Lakeside costs $1,455.

What types of apartments are the cheapest in Lakeside?

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 5 regular apartments in Lakeside 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 Lakeside?

Cheap apartments in Lakeside have an average cost of $256 which is $1,199 cheaper than the average rent for all rentals in Lakeside.

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

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.