Cheap Apartments for Rent in the Oakwood Park Neighborhood of Raleigh, NC from $600 (54 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 310 Heck St

310 Heck St

RaleighNC27601

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 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.

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.

Oakwood Park, Raleigh, NC Local Guide

Cheapest Available Oakwood Park Apartments for Rent

 

The cheapest available apartment rental in the Oakwood Park area of Raleigh, NC is a Studio unit found at The Harrison Apartments priced from $953. Brentmoor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable Oakwood Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Harrison ApartmentsStudio CStudio,1BA$953
Brentmoor ApartmentsOberlin1BR,1BA$985
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$989
Wedgwood ApartmentsWedgwood Efficiency1BR,1BA$999
Pines of AshtonAspen1BR,1BA$1,050
Milner Commons1 Bedroom - The Cedar1BR,1BA$1,060
The WaverlyBerkely1BR,1BA$1,069
Anderson HillsThe Gresham - Renovated1BR,1BA$1,140
Brookside ApartmentsStudio Newly RenovatedStudio,1BA$1,149
The LincolnThe Hub StudioStudio,1BA$1,155

Best Value Apartments for Rent in Oakwood Park, NC

As of October 06, 2025 the best value apartment in the Oakwood Park area is the $1.24 price per square foot 2 BR 1.5 BA TOWNHOME Model at The Mordecai on Clover in the in the Blount Street neighborhood starting from $1,299. The second greatest value Oakwood Park apartment is the Windsor Model at The Waverly starting at $1,337 with a $1.29 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Oakwood Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.24
The WaverlyWindsor2BR,2BA$1.29
Brentmoor ApartmentsRaleigh2BR,2BA$1.58
Jones Grant Urban FlatsA11BR,1BA$1.83
Oberlin Court ApartmentsA1Studio ,1BA$1.68
Milner Commons1 Bedroom - The Cedar1BR,1BA$1.53
Broadstone Oak CityS1Studio ,1BA$1.89
Brookside ApartmentsStudio Newly RenovatedStudio ,1BA$1.84
Anderson HillsThe Gresham - Renovated1BR,1BA$1.84
Pines of AshtonAspen1BR,1BA$1.91

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
Oakwood Park, Raleigh, NC

Ranked #16

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

Getting Around the Oakwood Park Neighborhood in Raleigh, NC

Walk Score®

63 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

77 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

43 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Oakwood Park Apartments

What is the Cheapest Studio apartment in Oakwood Park?

Currently the most affordable Cheap Studio Apartment in Oakwood Park is at The Harrison Apartments listed at $953.

How much is rent for a Cheap One Bedroom Oakwood Park Apartment?

The lowest price for a Cheap One Bedroom Oakwood Park Apartment is $985 at Brentmoor Apartments.

What is the lowest price for a Cheap Two Bedroom Oakwood Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Oakwood Park is starting from $1,100 at Brentmoor Apartments.

What is the most affordable Oakwood Park Three Bedroom Apartment?

The best deal on a cheap Oakwood Park Three Bedroom Apartment rental is at The Waverly and starts from $1,623.

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.

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 Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

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.