Cheap Apartments for Rent in the North Raleigh Neighborhood of Raleigh, NC from $530 (116 Rentals)

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Search the lowest-cost Apartments available for rent right now in the North Raleigh area of Raleigh.

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Sailboat Bay
$963 - $1,344
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$963 - $1,344
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1 to 2 Bedroom Apartments Available Now

Sailboat Bay

3221 Lynn Ridge RdRaleigh, NC 27613
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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Quail Ridge Apartments
Rent Specials
$1,011 - $1,586
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$1,011 - $1,586
Total Monthly Price
$1,011 - $1,586
1 to 3 Bedroom Apartments Available Now

Quail Ridge Apartments

1401 E Millbrook RdRaleigh, NC 27609
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Lofts at North Hills
Rent Specials
$1,033 - $3,067
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$1,033 - $3,067
Total Monthly Price
$1,033 - $3,067
1 to 3 Bedroom Apartments Available Now

Lofts at North Hills

214 Lofts LnRaleigh, NC 27609
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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Duraleigh Woods
Rent Specials
$1,070 - $1,628
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$1,070 - $1,628
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1 to 2 Bedroom Apartments Available Now

Duraleigh Woods

5600 Briar Oak LnRaleigh, NC 27612
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North Oaks Landing
Rent Specials
$1,119 - $2,747
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$1,119 - $2,747
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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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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.

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Sommerset Place
Rent Specials
$1,143 - $1,593
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Total Monthly Price

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$1,143 - $1,593
Total Monthly Price
$1,143 - $1,593
1 to 2 Bedroom Apartments Available Now

Sommerset Place

6717 Six Forks RdRaleigh, NC 27615
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Bridgeport
Rent Specials
$1,155 - $1,559
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$1,155 - $1,559
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Bridgeport

4101 Lake Lynn DrRaleigh, NC 27613
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Shellbrook
Rent Specials
$1,180 - $1,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,180 - $1,830
Total Monthly Price
$1,180 - $1,830
1 to 2 Bedroom Apartments Available Now

Shellbrook

910 Shellbrook CtRaleigh, NC 27609
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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North Raleigh, Raleigh, NC Local Guide

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 $925. The Timbers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $931. Here are the most affordable North Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
The TimbersA1 One Bed One Bath1BR,1BA$931
8809-8813 Litchford Rd2nd Floor Bedroom Suite1BR,1BA$950
Sailboat BayThe Beacon II1BR,1BA$963
Brookefield ApartmentsPullen1BR,1BA$999
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000
Lynnwood ParkThe Alexander1BR,1BA$1,000
Quail Ridge Apartments1 Bed 1 Bath1BR,1BA$1,011
Nu Six ForksPine1BR,1BA$1,012
Andover at CrabtreeA11BR,1BA$1,012

Best Value Apartments for Rent in North Raleigh, NC

As of August 26, 2026 the best value apartment in the North Raleigh area is the $1.17 price per square foot 1213 Manassas Court Model at 1213 Manassas Court, Unit H in the in the Northridge Trace neighborhood starting from $1,750. The second greatest value North Raleigh apartment is the The Spruce Model at Laurel Oaks starting at $1,316 with a $0.98 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1213 Manassas Court, Unit H1213 Manassas Court3BR,2.5BA$1.17
Laurel OaksThe Spruce2BR,2BA$0.98
Colony TownhomesCT 2x1.52BR,1.5BA$1.20
Wynslow Park*Phase II James2BR,2BA$1.33
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Laurel SpringsThe Oak1BR,1BA$1.17
View at Lake LynnBristol1BR,1BA$1.36
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.36
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1.39

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.

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Top 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.

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Real 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.

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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.

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Pet Friendly Lifestyle
North Raleigh, Raleigh, NC

Ranked #6

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
North Raleigh, Raleigh, NC

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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 $1,012.

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 $925, while the average apartment in North Raleigh costs $1,418.

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 $230 which is $1,188 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

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Discover Raleigh, North Carolina: A Locals Take on the City of Oaks

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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.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

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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.

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.