Cheap Homes for Rent in North Raleigh Neighborhood of Raleigh, NC from $500 (17 Rentals)

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Search the lowest-cost Homes 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.

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.

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.

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 The Timbers priced from $894. The Falls has the second lowest priced unit, which is a Studio apartment currently listed from $923. Here are the most affordable North Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The TimbersA1 One Bed One Bath1BR,1BA$894
The FallsCapris FallsStudio,1BA$923
Atria at Crabtree ValleyCreedmoor1BR,1BA$925
Lake Lynn Reserve ApartmentsA3 - Seagull1BR,1BA$930
BridgeportAshfield Redwood Reno1BR,1BA$936

Best Value Apartments for Rent in North Raleigh, NC

As of December 26, 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 Wexler II Newly Renovated2BR,1BA$1.23
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Foxwood ApartmentsA21BR,1BA$1.23
Laurel SpringsThe Oak1BR,1BA$1.11
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30
North Oaks LandingThe Crabtree1BR,1BA$1.33
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.

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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.

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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.

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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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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.

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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

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Frequently Asked Questions about North Raleigh

What type of rentals are currently available in North Raleigh?

There are currently 220 Apartments for Rent in North Raleigh, NC with pricing that ranges from $800 to $4,692. There are also 119 Single Family Homes for rent, Condos, and Townhome rentals currently available in North Raleigh ranging from $550 to $5,500.

What is the current price range for Rental Homes in North Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in North Raleigh ranges from $550 to $5,500 with an average monthly rent of $2,030.

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

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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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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.

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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.

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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.