Cheap Apartments for Rent in the Lakeside Neighborhood of Raleigh, NC from $400 (41 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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.

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.

Read Article

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.

Read Article

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
close
View Me
Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
close
View Me
1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
  • Utilities Included
close
View Me
Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
  • Utilities Included
close
View Me
Cardinal Apartments
2 Bedroom Apartments

Cardinal Apartments

4801-4815 Bluebird CtRaleigh, NC 27606
  • Utilities Included

Lakeside - One of the Best Affordable Neighborhoods in Raleigh

Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

Read Article
Showing Results 1-41, 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 4 Beds unit found at 1820 at Centennial priced from $900. Arbor Creek has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Lakeside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
1820 at Centennial4x44BR,4BA$900
Arbor Creek11B1BR,1BA$955
The GroveA1 - The Mirlen1BR,1BA$995
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,037
Aurella CaryThe Camillia1BR,1BA$1,040
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
The Kenton Apartments1BR/1.0BA1BR,1BA$1,100
Woodcreek ApartmentsThe Hampton1BR,1BA$1,114

Best Value Apartments for Rent in Lakeside, NC

As of July 02, 2025 the best value apartment in the Lakeside area is the $1.32 price per square foot The Cezanne B4.2 Model at Ashborough Apartments in the in the Lakeside neighborhood starting from $1,723. The second greatest value Lakeside apartment is the Rented by the bedroom including utilities. Clos... Model at Welcome to our luxurious apartment community starting at $865 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.
Ashborough ApartmentsThe Cezanne B4.22BR,2BA$1.32
Welcome to our luxurious apartment communityRented by the bedroom including utilities. Clos...4BR,4BA$0.67
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Ridge Student Housing3x33BR,3BA$0.67
Centennial Village Student Housing3x33BR,3BA$0.67
1820 at Centennial3x33BR,3BA$0.84
Williamsburg Manor2 Bed 1.5 Bath Renovated WD2BR,1.5BA$1.27
Campus Crossings at Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.95
Parkwood Village Apartments1 Bedroom1BR,1BA$1.24
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1.28

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

Pet Friendly Lifestyle
Lakeside, Raleigh, NC

Ranked #84

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 Arbor Creek which is listed at $955, while the average apartment in Lakeside costs $1,930.

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 25 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 $307 which is $1,623 cheaper than the average rent for all rentals in Lakeside.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.