
Cheap Apartments for Rent in the Oakwood Park Neighborhood of Raleigh, NC from $600 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood Park area of Raleigh.


Room in House on Heck St

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Skyhouse Raleigh

Pines of Ashton

Trails Corner Apartments

Brookside Apartments

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The Lincoln

Total Monthly Price
Wedgwood Apartments

Anderson Hills

Oldham & Worth
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Historic Boylan Apartments

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Elan City Center

Link Apartments® Glenwood South

The Metropolitan

The L Apartments

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The Point

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Brentmoor Apartments

The Edition on Oberlin

927 West Morgan

Berkshire Village District
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.

Forge at Raleigh Iron Works

MAA Hue

Platform

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Oberlin Court Apartments

Infinity Six Forks

The Apartments at St. Mary's

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The Falstaff

Chester Hills

The Row

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Jones Grant Urban Flats
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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Anderson Flats

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The Gramercy

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Mira

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511 Faye

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Broadstone Oak City

The Shelton at Cameron Court

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The Signal

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The Dillon

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Cortland Glenwood South

Address East End
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.

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400H

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The Miles

712 Tucker

Cameron Court

616 at the Village

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The Devon Four25

Washington Terrace Apartments

Glascock Manor Apartments

Oakwood Apartments

15 N Fisher St
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.
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 | $1,461 | $1,053 | $3,151 |
| Oakwood Park 1 Bedroom Apartments | $1,837 | $1,038 | $6,733 |
| Oakwood Park 2 Bedroom Apartments | $2,429 | $999 | $7,441 |
| Oakwood Park 3 Bedroom Apartments | $2,959 | $1,159 | $7,719 |
| Oakwood Park 4 Bedroom Apartments | $1,093 | $799 | $1,624 |
Browse Apartments in this Neighborhood
There are currently 53 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 $1,060. The Lincoln has the second lowest priced unit, which is a Studio apartment currently listed from $1,149. 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 | $1,060 |
| The Lincoln | The Hub Studio | Studio,1BA | $1,149 |
| Wedgwood Apartments | Raleigh Efficiency | Studio,1BA | $1,199 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,215 |
| Oldham & Worth | Birch | Studio,1BA | $1,219 |
| The Point | S1 | Studio,1BA | $1,256 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1,257 |
| Berkshire Village District | Dobbins | Studio,1BA | $1,282 |
| Skyhouse Raleigh | S2 | Studio,1BA | $1,289 |
| MAA Hue | Yellow | Studio,1BA | $1,298 |
Best Value Apartments for Rent in Oakwood Park, NC
As of July 08, 2026 the best value apartment in the Oakwood Park area is the $1.42 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 $1,495. The second greatest value Oakwood Park apartment is the Winston Model at Infinity Six Forks starting at $1,470 with a $1.56 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.42 |
| Infinity Six Forks | Winston | 1BR,1BA | $1.56 |
| Brookside Apartments | 1x1 Loft Classic | 1BR,1BA | $1.38 |
| Broadstone Oak City | A2 | 1BR,1BA | $1.86 |
| Brentmoor Apartments | Oberlin | 1BR,1BA | $1.71 |
| Oberlin Court Apartments | B2 | 1BR,1BA | $1.94 |
| The L Apartments | Prado | 1BR,1BA | $1.97 |
| MAA Hue | Yellow | Studio ,1BA | $1.99 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1.96 |
| Pines of Ashton | Aspen | 1BR,1BA | $1.93 |
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 ArticleTop 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 ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleOakwood Park, Raleigh, NC
Ranked #12
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Oakwood Park Apartments
What is a cheap apartment in Oakwood Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakwood Park is under $1,298.
What is the price of a cheap apartment in Oakwood Park?
The cheapest apartment in Oakwood Park is Pines of Ashton which is listed at $1,060, while the average apartment in Oakwood Park costs $2,485.
What types of apartments are the cheapest in Oakwood Park?
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 15 regular apartments in Oakwood Park 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 Oakwood Park?
Cheap apartments in Oakwood Park have an average cost of $599 which is $1,886 cheaper than the average rent for all rentals in Oakwood Park.
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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
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.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
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.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
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.
Articles, How-To's, and Tips

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.