Cheap Apartments for Rent in the Lakeside Neighborhood of Raleigh, NC from $500 (59 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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2002 Technology Woods Dr
$620
Total Monthly Price

Total Monthly Price

Base Rent
$620
Total Monthly Price
$620
1 to 4 Bedroom Apartment Available Now

2002 Technology Woods Dr

2002 Technology Woods DrRaleigh, NC 27603
Cost Per Sq.Ft.
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

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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property at 1411 Collegiate Cir

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695
Total Monthly Price
$695

1 Bedroom, 1 Bath Condo for Rent

Available Now

1411 Collegiate Cir

RaleighNC27606

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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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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property at 1420 Collegiate Cir

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850
Total Monthly Price
$850

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

1420 Collegiate Cir

RaleighNC27606

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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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.

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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 3 Beds unit found at University Suites Student Housing priced from $799. The Grove has the second lowest priced unit, which is a 1 Bed apartment currently listed from $993. Here are the most affordable Lakeside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
University Suites Student Housing3X33BR,3BA$799
The GroveA1 - The Grove1BR,1BA$993
The Kenton Apartments1BR/1.0BA1BR,1BA$1,025
Arbor Creek11BR1BR,1BA$1,030
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,055
Aurella CaryThe Camillia1BR,1BA$1,075
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$1,102
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,120
Woodcreek ApartmentsThe Hampton1BR,1BA$1,185

Best Value Apartments for Rent in Lakeside, NC

As of June 29, 2026 the best value apartment in the Lakeside area is the $1.19 price per square foot The Ocracoke Model at The Enclave at Crossroads in the in the Lakeside neighborhood starting from $1,756. The second greatest value Lakeside apartment is the 3X3 Model at University Suites Student Housing starting at $799 with a $0.58 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.
The Enclave at CrossroadsThe Ocracoke3BR,2BA$1.19
University Suites Student Housing3X33BR,3BA$0.58
1440 Collegiate Cir, Unit 1041440 Collegiate Cir4BR,4BA$0.46
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.49
Centennial Ridge Student Housing3x33BR,3BA$0.49
Centennial Village Student Housing3x33BR,3BA$0.49
1820 at Centennial3x33BR,3BA$0.61
Williamsburg Manor2 Bed 1.5 Bath Renovated W/D Connection2BR,1.5BA$1.27
1512CV2BR/2.0BA2BR,2BA$1.25
Campus Edge2x2 Platinum2BR,2BA$1.01

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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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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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.

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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 $1,025, while the average apartment in Lakeside costs $1,761.

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 18 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 $279 which is $1,482 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.

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