
Cheap Apartments for Rent in the Oakwood Neighborhood of Raleigh, NC from $600 (82 Rentals)
Search the lowest-cost Apartments available for rent right now in the Oakwood area of Raleigh.


1906 Hawkins St

1920 New Bern Ave

1902 New Bern Ave

1901 Hawkins St

Brentmoor Apartments

Skyhouse Raleigh
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Platform

Trails Corner Apartments

Brookside Apartments

The Apartments at St. Mary's

Elan City Center
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The Signal

713 Vardaman St

511 Faye

Forge at Raleigh Iron Works

The Acorn on Person Street

The Row

The Lincoln

Historic Boylan Apartments

The Miles

The Metropolitan
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Link Apartments® Glenwood South

713 Highgate Pl

Cameron Village Apartments

Alexan Moto

Cortland Glenwood South

The Dillon

Oberlin Court Apartments

Mira

The Gramercy
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The Point

The Edison Lofts Apartments

Address King Charles

The Devon Four25

Camden Village District

1806-C Midwood Dr

1806 Midwood Dr

The Edition on Oberlin

927 West Morgan

Cameron Court Apartments
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310 Heck St

The Maggie

712 Tucker
Oakwood, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood Studio Apartments | $1,623 | $950 | $3,333 |
Oakwood 1 Bedroom Apartments | $2,034 | $750 | $6,417 |
Oakwood 2 Bedroom Apartments | $2,877 | $975 | $8,071 |
Oakwood 3 Bedroom Apartments | $3,764 | $1,348 | $9,575 |
Browse Apartments in this Neighborhood
There are currently 82 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Oakwood, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Oakwood Apartments for Rent
 The cheapest available apartment rental in the Oakwood area of Raleigh, NC is a 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. Pullen Station Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable Oakwood apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
Pullen Station Lofts | Studio | Studio,1BA | $950 |
Brentmoor Apartments | Oberlin | 1BR,1BA | $985 |
Milner Commons | 1 Bedroom - The Cedar | 1BR,1BA | $1,060 |
Parkside at Davie | Standard | 1BR,1BA | $1,100 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,128 |
Wedgwood Apartments | Raleigh 1x1 | 1BR,1BA | $1,168 |
Shamrock Apartments | One Bedroom | 1BR,1BA | $1,198 |
The Apartments at St. Mary's | S3 | Studio,1BA | $1,230 |
Best Value Apartments for Rent in Oakwood, NC
As of August 02, 2025 the best value apartment in the Oakwood area is the $1.21 price per square foot 815 W Johnson St Model at 815 W Johnson St, Unit A in the in the Blount Street neighborhood starting from $2,000. The second greatest value Oakwood apartment is the 2 Bed #310 Model at 618 N Boylan Ave starting at $2,595 with a $1.65 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
815 W Johnson St, Unit A | 815 W Johnson St | 2BR,1BA | $1.21 |
618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.65 |
Capital Apartments | 201 | 2BR,1BA | $1.43 |
815 W Johnson St, Unit 815 W Johnson | 815 W Johnson St | 2BR,1BA | $1.60 |
The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.64 |
Longview Village Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.53 |
Brentmoor Apartments | Glenwood | 1BR,1BA | $1.55 |
900 Moses Ct, Unit 901B | 900 Moses Ct | 1BR,1BA | $1.50 |
Milner Commons | 1 Bedroom - The Cedar | 1BR,1BA | $1.53 |
Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $1.55 |
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.
Pet Friendly LifestyleOakwood, Raleigh, NC
Ranked #23
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Oakwood, Raleigh, NC
Wake Young Men's Leadership Academy
Moore Square Museum Magnet Mid
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Central Raleigh, NC. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including searching for the best amenities, and proximity to parks, kid and pet-friendly communities, availability of transit options, walking, and biking. These search options are in the site filters at the top of this page.
Getting Around the Oakwood Neighborhood in Raleigh, NC
Walk Score®
80 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
87 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
65 / 100
Good Transit
Many 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 Apartments
What is the Cheapest Studio apartment in Oakwood?
Currently the most affordable Cheap Studio Apartment in Oakwood is at Pullen Station Lofts listed at $950.
How much is rent for a Cheap One Bedroom Oakwood Apartment?
The lowest price for a Cheap One Bedroom Oakwood Apartment is $875 at Pine Hills Apartments 55+.
What is the lowest price for a Cheap Two Bedroom Oakwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Oakwood is starting from $1,297 at Longview Village Apartments.
What is the most affordable Oakwood Three Bedroom Apartment?
The best deal on a cheap Oakwood Three Bedroom Apartment rental is at Skyhouse Raleigh and starts from $2,740.
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
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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 Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.