Cheap Apartments for Rent in the North Raleigh Neighborhood of Raleigh, NC from $700 (90 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-50, Page 1 of 2

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 Lake Lynn Reserve Apartments priced from $910. The Timbers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $918. Here are the most affordable North Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Lake Lynn Reserve ApartmentsA3 - Seagull1BR,1BA$910
The TimbersA1 One Bed One Bath1BR,1BA$918
The FallsEmerald Falls1BR,1BA$929
Atria at Crabtree ValleyCreedmoor1BR,1BA$935
Quail Ridge Apartments1 Bed 1 Bath1BR,1BA$940
Duraleigh WoodsAmberton 1x11BR,1BA$941
8809-8813 Litchford Rd2nd Floor Bedroom Suite1BR,1BA$950
Autumn RidgeSassafras1BR,1BA$950
Lynnwood ParkThe Alexander1BR,1BA$967

Best Value Apartments for Rent in North Raleigh, NC

As of December 31, 2025 the best value apartment in the North Raleigh area is the $1.11 price per square foot MT 2x1.5 Model at Midtown Park Townhomes in the in the Lakemont neighborhood starting from $1,225. The second greatest value North Raleigh apartment is the CT 2x1.5 Model at Colony Townhomes starting at $1,475 with a $1.37 price per square foot in the Lakemont 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.
Midtown Park TownhomesMT 2x1.52BR,1.5BA$1.11
Colony TownhomesCT 2x1.52BR,1.5BA$1.37
Wakefield GlenA31BR,1BA$1.26
Lofts at North HillsThe Alexander II Newly Renovated2BR,1.5BA$1.33
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Laurel SpringsThe Oak1BR,1BA$1.11
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.33
North Oaks LandingThe Crabtree1BR,1BA$1.33
Millbrook1B Renovation 21BR,1BA$1.28
StonehengeA11BR,1BA$1.31

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 Article
Decorative image

The 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 Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
North Raleigh, Raleigh, NC

Ranked #8

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

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 $967.

What is the price of a cheap apartment in North Raleigh?

The cheapest apartment in North Raleigh is Lake Lynn Reserve Apartments which is listed at $910, while the average apartment in North Raleigh costs $1,781.

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 118 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 $190 which is $1,591 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.

Articles, How-To's, and Tips

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

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.

decorative image for How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips article

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.