
Cheap Apartments for Rent in the Oakwood Park Neighborhood of Raleigh, NC from $600 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood Park area of Raleigh.


Elan City Center
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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.

202 Selwyn Aly, Unit B

Brookside Apartments

Allora Southview

Address King Charles
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.

Camden Village District

202 Selwyn Alley

214 Elm St
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.
Oakwood Park, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Oakwood Park?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Park Studio Apartments | $1,581 | $1,143 | $2,125 |
Oakwood Park 1 Bedroom Apartments | $1,898 | $1,100 | $3,009 |
Oakwood Park 2 Bedroom Apartments | $2,740 | $1,300 | $4,227 |
Oakwood Park 3 Bedroom Apartments | $3,984 | $3,581 | $7,515 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Oakwood Park Neighborhood of Raleigh, NC.
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Oakwood Park, Raleigh, NC Local Guide
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Cheapest Available Oakwood Park Apartments for Rent
 The cheapest available apartment rental in the Oakwood Park area of Raleigh, NC is a 1 Bed unit found at Pines of Ashton priced from $1,100. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,130. Here are the most affordable Oakwood Park apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pines of Ashton | Aspen | 1BR,1BA | $1,100 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,130 |
Elan City Center | A1 | Studio,1BA | $1,206 |
Mira | S1 | Studio,1BA | $1,294 |
Brookside Apartments | Studio Newly Renovated | Studio,1BA | $1,325 |
Best Value Apartments for Rent in Oakwood Park, NC
As of June 10, 2025 the best value apartment in the Oakwood Park area is the $1.79 price per square foot A1 -1x1 Model at Prose New Hope in the in the East Raleigh neighborhood starting from $1,495. The second greatest value Oakwood Park apartment is the 1 BR 1 BA TOWNHOME Model at The Mordecai on Clover starting at $1,400 with a $2.00 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Oakwood Park apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Prose New Hope | A1 -1x1 | 1BR,1BA | $1.79 |
The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $2.00 |
Mira | A1 | 1BR,1BA | $2.60 |
Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
Allora Southview | S1 | Studio ,1BA | $2.27 |
Camden Village District | S4 | Studio ,1BA | $2.70 |
Pines of Ashton | Aspen | 1BR,1BA | $2.00 |
Solis Hills | S1 | Studio ,1BA | $3.02 |
Elan City Center | A1 | Studio ,1BA | $2.14 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.26 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleOakwood Park, Raleigh, NC
Ranked #120
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Elan City Center listed at $1,143.
How much is rent for a Cheap One Bedroom Oakwood Park Apartment?
The lowest price for a Cheap One Bedroom Oakwood Park Apartment is $1,100 at Pines of Ashton.
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 $1,270 at Pines of Ashton.
What is the most affordable Oakwood Park Three Bedroom Apartment?
The best deal on a cheap Oakwood Park Three Bedroom Apartment rental is at Solis Hills and starts from $3,581.
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.

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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.