Cheap Apartments for Rent in the Lakeside Neighborhood of Raleigh, NC from $600 (30 Rentals)

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

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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

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Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
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Clairmont at Farmgate
1 to 3 Bedroom Apartments

Clairmont at Farmgate

6301 Daybrook CirRaleigh, NC 27606
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Regency Place
1 to 2 Bedroom Apartments

Regency Place

6210 St Regis CirRaleigh, NC 27606
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Cardinal Apartments
2 Bedroom Apartments

Cardinal Apartments

4801-4815 Bluebird CtRaleigh, NC 27606
  • Utilities Included

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

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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Showing Results 1-30, Page 1 of 1

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 Arbor Creek priced from $885. Aurella Cary has the second lowest priced unit, which is a 1 Bed apartment currently listed from $930. Here are the most affordable Lakeside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Arbor Creek11AR1BR,1BA$885
Aurella CaryThe Camillia1BR,1BA$930
The GroveA1 - The Mirlen1BR,1BA$970
Regency PlaceTristan1BR,1BA$1,054
Woodcreek ApartmentsThe Hampton1BR,1BA$1,066
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$1,081
Exceptional Value in a Prime Location — Tour TodayRoad Front2BR,1BA$1,097

Best Value Apartments for Rent in Lakeside, NC

As of January 23, 2026 the best value apartment in the Lakeside area is the $1.05 price per square foot K3D Model at Kensington Park in the in the Lakeside neighborhood starting from $1,595. The second greatest value Lakeside apartment is the A2 Model at Welcome to our luxurious apartment community near NC State University in Raleigh, NC! starting at $873 with a $0.67 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.
Kensington ParkK3D3BR,2BA$1.05
Welcome to our luxurious apartment community near NC State University in Raleigh, NC!A24BR,4BA$0.67
3770 Pardue Woods Pl, Unit 3013770 Pardue Woods Pl3BR,3BA$0.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Remington PlaceDartmouth I2BR,2BA$1.05
Centennial Village Student Housing3x33BR,3BA$0.58
Centennial Ridge Student Housing3x33BR,3BA$0.58
1820 at Centennial3x33BR,3BA$0.79
1512CV2BR/2.0BA2BR,2BA$1.19
Campus West at Tryon3X33BR,3BA$0.76

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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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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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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 Arbor Creek which is listed at $925, while the average apartment in Lakeside costs $1,785.

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 28 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 $277 which is $1,508 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

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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.

Articles, How-To's, and Tips

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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.