
Cheap Apartments for Rent in the North Raleigh Neighborhood of Raleigh, NC from $700 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the North Raleigh area of Raleigh.


The Timbers

Bridges at North Hills

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Lynnwood Park

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Autumn Ridge

Lake Lynn Reserve Apartments

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Village at Town Center

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Village of Pickwick

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Regatta at Lake Lynn

LYV Six Forks
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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North Oaks Landing

Sommerset Place

Quail Ridge Apartments

The Domain Apartments

Woodlake Downs

Laurel Oaks

Spring Forest

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Six Forks Station Apartments

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Aria North Hills

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Perry Point
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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Alister Lake Lynn

Atria at Crabtree Valley

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Averelle North Hills

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Sailboat Bay

Brookefield Apartments

Midtown Crossing

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Stonehenge

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Duraleigh Woods

Enclave @ Crabtree

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The Quinn On Ravenglass
Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers
Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

Litchford 315 Apartments

Raleigh Exchange

Cortland Falls River

The Village Apartments

7000 Longstreet Dr

Shellbrook

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Wakefield Glen

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Andover at Crabtree

North Hills at Town Center

Foxwood Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Hunting Ridge

The Tribute

Cambridge Apartments

River Haven

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Bridgeport

The Park at North Ridge

The Groves

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View at Lake Lynn

Laurel Springs

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Hamilton Ridge
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
North Raleigh, Raleigh, NC Local Guide

How much does it cost to rent an apartment in North Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| North Raleigh Studio Apartments | $1,175 | $900 | $1,332 |
| North Raleigh 1 Bedroom Apartments | $1,305 | $850 | $2,897 |
| North Raleigh 2 Bedroom Apartments | $1,545 | $950 | $4,213 |
| North Raleigh 3 Bedroom Apartments | $1,892 | $1,150 | $4,540 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 2 mile radius of the North Raleigh Neighborhood of Raleigh, NC.
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North Raleigh, Raleigh, NC Local Guide
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Cheapest Available North Raleigh Apartments for Rent
 The cheapest available apartment rental in the North Raleigh area of Raleigh, NC is a 1 Bed unit found at Overlooke at Simms Creek Apartments priced from $850. The Timbers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $853. Here are the most affordable North Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $850 |
| The Timbers | A1 One Bed One Bath | 1BR,1BA | $853 |
| Lynnwood Park | The Alexander | 1BR,1BA | $863 |
| Bridges at North Hills | Studio | Studio,1BA | $900 |
| The Falls | Capris Falls | Studio,1BA | $917 |
| Lake Lynn Reserve Apartments | A3 - Seagull | 1BR,1BA | $932 |
| 8809-8813 Litchford Rd | 2nd Floor Bedroom Suite | 1BR,1BA | $950 |
| Village at Town Center | Aspen | 1BR,1BA | $952 |
| Autumn Ridge | Dogwood | 1BR,1BA | $965 |
| Regatta at Lake Lynn | A1 | 1BR,1BA | $970 |
Best Value Apartments for Rent in North Raleigh, NC
As of February 18, 2026 the best value apartment in the North Raleigh area is the $1.30 price per square foot B2 Model at Foxwood Apartments in the in the East Raleigh neighborhood starting from $1,602. The second greatest value North Raleigh apartment is the MT 2x1.5 Model at Midtown Park Townhomes starting at $1,367 with a $1.24 price per square foot in the Copper Ridge neighborhood. Here is today’s list of the best values for North Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Foxwood Apartments | B2 | 2BR,2BA | $1.30 |
| Midtown Park Townhomes | MT 2x1.5 | 2BR,1.5BA | $1.24 |
| Colony Townhomes | CT 2x1.5 | 2BR,1.5BA | $1.30 |
| Village at Town Center | Hickory | 2BR,2BA | $1.28 |
| Wakefield Glen | A3 | 1BR,1BA | $1.23 |
| MILLBROOK POINTE | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.23 |
| Laurel Springs | The Oak | 1BR,1BA | $1.30 |
| North Oaks Landing | The Crabtree | 1BR,1BA | $1.23 |
| Lynn Lake | 1B Renovation 2 | 1BR,1BA | $1.30 |
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1.28 |
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 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 ArticleCash 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.
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 LifestyleNorth Raleigh, Raleigh, NC
Ranked #5
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in North Raleigh, Raleigh, NC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across North Carolina and customized analysis for North Raleigh. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including rankings of the best places for the best proximity to parks and outdoor amenities, luxury amenities, multifamily communities for the kids, raising pets, transit options, walking, and biking. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap North Raleigh Apartments
What is a cheap apartment in North Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in North Raleigh is under $970.
What is the price of a cheap apartment in North Raleigh?
The cheapest apartment in North Raleigh is Overlooke at Simms Creek Apartments which is listed at $850, while the average apartment in North Raleigh costs $1,792.
What types of apartments are the cheapest in North Raleigh?
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 63 regular apartments in North Raleigh 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 North Raleigh?
Cheap apartments in North Raleigh have an average cost of $132 which is $1,660 cheaper than the average rent for all rentals in North Raleigh.
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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.