Cheap Homes for Rent in Lockwood Neighborhood of Raleigh, NC from $800 (28 Rentals)

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Search the lowest-cost Homes available for rent right now in the Lockwood area of Raleigh.

property at 2304 Bernard St

2304 Bernard St

RaleighNC27608

Lockwood, Raleigh, NC Local Guide

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 ListingModel NameBed/BathPriced From
The Harrison ApartmentsStudio AStudio,1BA$853
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$969
Brentmoor ApartmentsGlenwood1BR,1BA$1,000
Pines of AshtonAspen1BR,1BA$1,050
Milner Commons1 Bedroom - The Cedar1BR,1BA$1,060
Parkside at DavieStandard1BR,1BA$1,100
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,147
Skyhouse RaleighS4Studio,1BA$1,198
Brookside ApartmentsStudio Newly RenovatedStudio,1BA$1,199

Best Value Apartments for Rent in Lockwood, NC

As of September 10, 2025 the best value apartment in the Lockwood area is the $1.31 price per square foot 3 Bed 2 Bath Model at Sunnybrook Pointe in the in the East Raleigh neighborhood starting from $1,675. The second greatest value Lockwood apartment is the 201 Model at Capital Apartments starting at $1,795 with a $1.40 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.31
Capital Apartments2012BR,1BA$1.40
Brentmoor ApartmentsHargett2BR,2BA$1.38
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.24
The WaverlyEdinburgh1BR,1BA$1.35
Infinity Six ForksLexington1BR,1BA$1.90
Milner Commons1 Bedroom - The Cedar1BR,1BA$1.53
Jones Grant Urban FlatsS1Studio ,1BA$1.90
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55
Pines of AshtonAspen1BR,1BA$1.91

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Pet Friendly Lifestyle
Lockwood, Raleigh, NC

Ranked #56

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Lockwood

What type of rentals are currently available in Lockwood?

There are currently 204 Apartments for Rent in Lockwood, NC with pricing that ranges from $750 to $6,251. There are also 110 Single Family Homes for rent, Condos, and Townhome rentals currently available in Lockwood ranging from $825 to $5,895.

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 $825 to $5,895 with an average monthly rent of $2,539.

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.

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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.

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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.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.