
Cheap Apartments for Rent in the Lockwood Neighborhood of Raleigh, NC from $500 (69 Rentals)
Search the lowest-cost Apartments available for rent right now in the Lockwood area of Raleigh.


Room in House on S Person St

Room in House on Tall Rock Ct

Total Monthly Price
Skyhouse Raleigh

Greenway Flats Apartments

The Harrison Apartments

Pines of Ashton

Total Monthly Price
Brentmoor Apartments

Northstone Apartments

Longview Village Apartments
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708 Highgate Pl

721 Hampstead Pl

714 Highgate Pl

Brookside Apartments

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The Lincoln

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The Falstaff

Anderson Hills

Forge at Raleigh Iron Works

709 Highgate Pl

911 S Blount St, Unit B
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Total Monthly Price
Broadstone Oak City

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Elan City Center

The Edison Lofts Apartments

3141 Woodpecker Ct

Infinity Six Forks

Total Monthly Price
Jones Grant Urban Flats

312 Dacian Rd

2203 Brewer St

Garden Spring Apartments

Washington Terrace Apartments
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Stony Brook

Glascock Manor Apartments

Tivoli Gardens Apartments

1335-1343 Courtland Dr

Autumn Spring Apartments

Oakwood Apartments

1104 Spaulding St

663 Coleman St

1104 Spaulding St

663 Coleman St
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Room in House on Heck St

Carlton Place Apartments

Milburnie Road Apartments

Duplex Village

Pine Hills Apartments 55+

Moses Court Apartment Homes

506 Bragg St

Cedar Moor

1000 Mills Street Apartments

Magnolia Square
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Lockwood, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Lockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockwood Studio Apartments | $1,379 | $983 | $1,798 |
| Lockwood 1 Bedroom Apartments | $1,559 | $1,048 | $5,560 |
| Lockwood 2 Bedroom Apartments | $1,947 | $1,160 | $4,896 |
| Lockwood 3 Bedroom Apartments | $2,336 | $1,447 | $7,719 |
Browse Apartments in this Neighborhood
There are currently 69 rentals with your search options within a 2 mile radius of the Lockwood Neighborhood of Raleigh, NC.
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Lockwood, Raleigh, NC Local Guide
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Cheapest Available Lockwood Apartments for Rent
 The cheapest available apartment rental in the Lockwood area of Raleigh, NC is a Studio unit found at Greenway Flats Apartments priced from $995. The Harrison Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,030. Here are the most affordable Lockwood apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| The Harrison Apartments | Furnished Studio A with Large Terrace | Studio,1BA | $1,030 |
| Pines of Ashton | Aspen | 1BR,1BA | $1,050 |
| The Waverly | Edinburgh | 1BR,1BA | $1,070 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1,072 |
| Northstone Apartments | 1BR/1BA | 1BR,1BA | $1,075 |
| Parkside at Davie | 1 Beds, 1 Baths | 1BR,1BA | $1,095 |
| Longview Village Apartments | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,097 |
| The Falstaff | Cypress ~ Junior | 1BR,1BA | $1,219 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,235 |
Best Value Apartments for Rent in Lockwood, NC
As of July 29, 2026 the best value apartment in the Lockwood area is the $1.71 price per square foot 2 Bedroom 2 Bath B3 Model at The Edison Lofts Apartments in the in the Blount Street neighborhood starting from $2,084. The second greatest value Lockwood apartment is the 2 Bed 2 Bath Model at Sunnybrook Pointe starting at $1,557 with a $1.41 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Lockwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Edison Lofts Apartments | 2 Bedroom 2 Bath B3 | 2BR,2BA | $1.71 |
| Sunnybrook Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.41 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.42 |
| The Waverly | Pembroke | 2BR,2BA | $1.32 |
| The Village on Hill Street | 3/2 Reno | 3BR,2BA | $1.65 |
| Infinity Six Forks | Winston | 1BR,1BA | $1.56 |
| Brookside Apartments | 1x1 Loft Classic | 1BR,1BA | $1.38 |
| 3100 Woodpecker Ct | 2 Beds, 2 Baths | 2BR,2BA | $1.44 |
| Northstone Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
| Brentmoor Apartments | Glenwood | 1BR,1BA | $1.61 |
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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.
Best Local Schools in Lockwood, Raleigh, NC
School data provided by Great Schools
Lifestyle Ratings
This website compiles millions of data points to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, and customized analysis for Raleigh, North Carolina. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Frequently Asked Questions about Cheap Lockwood Apartments
What is the Cheapest Studio apartment in Lockwood?
Currently the most affordable Cheap Studio Apartment in Lockwood is at Greenway Flats Apartments listed at $995.
How much is rent for a Cheap One Bedroom Lockwood Apartment?
The lowest price for a Cheap One Bedroom Lockwood Apartment is $1,050 at Pines of Ashton.
What is the lowest price for a Cheap Two Bedroom Lockwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Lockwood is starting from $1,160 at Pines of Ashton.
What is the most affordable Lockwood Three Bedroom Apartment?
The best deal on a cheap Lockwood Three Bedroom Apartment rental is at The Village on Hill Street and starts from $1,700.
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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