
Cheap Homes for Rent in Lockwood Neighborhood of Raleigh, NC from $600 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Lockwood area of Raleigh.


829 S State St

Room in House on Tall Rock Ct

Room in House on Collaborative Wy

305 Kennedy St
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.

307 Kennedy St

506 Bragg St

500 Bragg St

1106 Garner Rd

307 Georgetown Road
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.

2904 Faversham Pl

1311 Park Glen Dr

3119 Woodpecker Ct

2230 Bernard St

717 Friar Tuck Rd
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.
Lockwood, Raleigh, NC Local Guide

How much does it cost to rent a home in Lockwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Lockwood 2 Bedroom Homes for Rent | $1,589 | $950 | $2,450 |
| Lockwood 3 Bedroom Homes for Rent | $2,141 | $1,400 | $3,295 |
| Lockwood 4 Bedroom Homes for Rent | $2,708 | $2,095 | $3,525 |
| Lockwood 5 Bedroom Homes for Rent | $2,250 | $2,250 | $2,250 |
Browse Homes for Rent in this Neighborhood
There are currently 15 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 The Harrison Apartments priced from $853. Pine Hills Apartments 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Lockwood apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Harrison Apartments | Studio B | Studio,1BA | $853 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1,000 |
| The Lincoln | The Hub Studio | Studio,1BA | $1,042 |
Best Value Apartments for Rent in Lockwood, NC
As of November 09, 2025 the best value apartment in the Lockwood area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value Lockwood apartment is the 201 Model at Capital Apartments starting at $1,725 with a $1.35 price per square foot in the Blount Street 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. |
|---|---|---|---|
| 1115 Marshall St | Entire Home | 4BR,3.5BA | $0.91 |
| Capital Apartments | 201 | 2BR,1BA | $1.35 |
| Welcome to Donovan Place – Boutique Living... | The Garden Walk | 3BR,2BA | $1.32 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.24 |
| The Waverly | Windsor | 2BR,2BA | $1.22 |
| Milner Commons | 2 Bedroom - The Evergreen | 2BR,1BA | $1.22 |
| Sunnybrook Pointe | 1 Bed 1 Bath | 1BR,1BA | $1.50 |
| Northstone Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
| 900 Moses Ct, Unit 901B | 900 Moses Ct | 1BR,1BA | $1.50 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $1.55 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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 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.
Pet Friendly LifestyleLockwood, Raleigh, NC
Ranked #59
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Lockwood, Raleigh, NC
School data provided by Great Schools
Frequently Asked Questions about Lockwood
What type of rentals are currently available in Lockwood?
There are currently 197 Apartments for Rent in Lockwood, NC with pricing that ranges from $800 to $4,000. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $600 to $4,500.
What is the current price range for Rental Homes in Lockwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Lockwood ranges from $600 to $4,500 with an average monthly rent of $2,345.
How much are larger Three and Four Bedroom Rentals in Lockwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Lockwood range from $875 to $3,325, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $3,295. Four Bedroom Single-Family rentals are also available starting from $2,095 and Four Bedroom Apartments start at $4,000.
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.