
Cheap Homes for Rent in Lakeside Neighborhood of Raleigh, NC from $500 (34 Rentals)
Search the lowest-cost Homes available for rent right now in the Lakeside area of Raleigh.


2021 Wolf Tech Ln

3000 Centennial Woods Dr

1220 University Ct, Unit 102, Unit 102

2002 Technology Woods Dr, Unit 2002 Technology woods Dr

1911 Wolftech Ln, Unit 104, Unit 104

2011 Wolfmill Dr, Unit 104, Unit 104

1430 Collegeview Ave
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.

1500 Graduate Ln

1241 University Ct

3020 Centennial Woods Dr, Unit 3020 Centennial Woods, Unit 3020 Centennial Woods

Room in Apartment on University Ct

Room in Condo on Crab Orchard Dr

Room in Condo on Collegiate Cir

Room in Condo on Collegiate Cir

Room in Condo on Crab Orchard Dr
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.

Room in Condo on University Ct

Room in Condo on University Ct

1511 Graduate Ln, Unit 103, Unit 103

Room in Condo on Trailwood Heights Ln

1431 Collegiate Cir, Unit 304

1230 University Ct

Room in Condo on Wolfmill Dr

3710 Pardue Woods Pl, Unit 203-Room1, Unit 203-Room1
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.

1241 University Ct, Unit 204, Unit 204

1241 University Ct

Room in Townhome on Macedonia Lake Dr

1230 University Ct, Unit -002

1230 University Ct, Unit -002

1300 Gorman St

3502 Ivy Commons Dr

3502 Ivy Commons Dr, Unit 302, Unit 302
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.

1241 University Ct, Unit 002

1241 University Ct, Unit 002
Lakeside, Raleigh, NC Local Guide

How much does it cost to rent a home in Lakeside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lakeside 2 Bedroom Homes for Rent | $1,523 | $1,000 | $2,100 |
| Lakeside 3 Bedroom Homes for Rent | $2,103 | $1,450 | $2,930 |
| Lakeside 4 Bedroom Homes for Rent | $1,952 | $595 | $3,950 |
| Lakeside 5 Bedroom Homes for Rent | $4,975 | $4,975 | $4,975 |
Browse Homes for Rent in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Lakeside Neighborhood of Raleigh, NC.
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Lakeside, Raleigh, NC Local Guide
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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 Aurella Cary priced from $970. The Retreat at Lake Johnson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $994. Here are the most affordable Lakeside apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aurella Cary | The Camillia | 1BR,1BA | $970 |
| The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $994 |
| The Grove | A1 - The Mirlen | 1BR,1BA | $1,020 |
| The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1,025 |
| The Summit at Avent Ferry | 1 Bed 1 Bath Renovated | 1BR,1BA | $1,105 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1,120 |
| Arbor Creek | 21.5AR | 2BR,1BA | $1,170 |
| Woodcreek Apartments | The Hampton | 1BR,1BA | $1,180 |
| South Valley Apartments | The Terrace | 2BR,1BA | $1,247 |
| Remington Place | Fairfield I | 1BR,1BA | $1,274 |
Best Value Apartments for Rent in Lakeside, NC
As of May 25, 2026 the best value apartment in the Lakeside area is the $0.67 price per square foot A2 Model at Tryon Flats – Modern Student Living Near NC State in the in the Lakeside neighborhood starting from $875. The second greatest value Lakeside apartment is the 1 bd and 1 bath Student Model at Student Housing - Gorman Parkwood starting at $625 with a $0.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Tryon Flats – Modern Student Living Near NC State | A2 | 4BR,4BA | $0.67 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.49 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.59 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.59 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Kensington Park | K2C | 2BR,1.5BA | $1.25 |
| 1512CV | 2BR/2.0BA | 2BR,2BA | $1.30 |
| Campus Edge | 2x2 Platinum | 2BR,2BA | $0.99 |
| Remington Place | Fairfield I | 1BR,1BA | $1.46 |
| Walnut Creek Apartments | 2 Bedroom 1 Bathroom Duplex | 2BR,1BA | $1.40 |
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 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 ArticleReal 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 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.
Best Local Schools in Lakeside, Raleigh, NC
School data provided by Great Schools
Frequently Asked Questions about Lakeside
What type of rentals are currently available in Lakeside?
There are currently 137 Apartments for Rent in Lakeside, NC with pricing that ranges from $620 to $5,017. There are also 91 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lakeside ranging from $550 to $4,975.
What is the current price range for Rental Homes in Lakeside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lakeside ranges from $550 to $4,975 with an average monthly rent of $1,987.
How much are larger Three and Four Bedroom Rentals in Lakeside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lakeside range from $625 to $3,075, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,930. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $620.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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.