Cheap Apartments for Rent in the Oakwood Neighborhood of Raleigh, NC from $600 (109 Rentals)

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

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Skyhouse Raleigh
Rent Specials
$914 - $2,675
Total Monthly Price

Total Monthly Price

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$914 - $2,675

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Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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Brentmoor Apartments
Rent Specials
$1,132 - $1,697
Total Monthly Price

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$1,132 - $1,697

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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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Wedgwood Apartments
Rent Specials
$1,095 - $1,819
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Total Monthly Price

Base Rent
$1,095 - $1,819

Total Monthly Price
$1,095 - $1,819
Studio to 3 Bedroom Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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The Lincoln
Rent Specials
$1,149 - $2,423
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Total Monthly Price

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$1,149 - $2,423

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Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
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Elan City Center
Rent Specials
$1,237 - $3,383
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$1,237 - $3,383

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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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511 Faye
Rent Specials
$1,277 - $8,716
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Total Monthly Price

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$1,277 - $8,716

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Studio to 2 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
Corporate Housing
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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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The Point
$1,306 - $3,312
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Total Monthly Price

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$1,306 - $3,312

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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The Gramercy
Rent Specials
$1,345 - $2,290
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$1,345 - $2,290

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Studio to 2 Bedroom Apartments Available Jun 14

The Gramercy

650 W North StRaleigh, NC 27603
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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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Cortland Glenwood South
Rent Specials
$1,377 - $10,377
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Total Monthly Price

Base Rent
$1,377 - $10,377

Total Monthly Price
$1,377 - $10,377
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
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The Miles
Rent Specials
$1,391 - $6,211
Total Monthly Price

Total Monthly Price

Base Rent
$1,391 - $6,211

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Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
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The Signal
Rent Specials
$1,400 - $5,279
Total Monthly Price

Total Monthly Price

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$1,400 - $5,279

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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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The Dillon
Rent Specials
$1,419 - $3,804
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $3,804

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Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

Oakwood, Raleigh, NC Local Guide

Cheapest Available Oakwood Apartments for Rent

 

The cheapest available apartment rental in the Oakwood area of Raleigh, NC is a Studio unit found at Pullen Station Lofts priced from $950. Greenway Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Oakwood apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pullen Station LoftsStudioStudio,1BA$950
Greenway Flats ApartmentsStudioStudio,1BA$995
Parkside at Davie1 Beds, 1 Baths1BR,1BA$1,095
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$1,095
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,097
Brookside Apartments1x1 Classic1BR,1BA$1,125
Brentmoor ApartmentsOberlin1BR,1BA$1,132
The LincolnThe Hub StudioStudio,1BA$1,149
The Acorn on Person StreetLeeStudio,1BA$1,159

Best Value Apartments for Rent in Oakwood, NC

As of June 08, 2026 the best value apartment in the Oakwood area is the $1.64 price per square foot Townhouse 4 Model at The Edison Lofts Apartments in the in the Blount Street neighborhood starting from $2,680. The second greatest value Oakwood apartment is the 1937 Fairfield Dr Model at 1937 Fairfield Dr, Unit Apt. D starting at $1,885 with a $1.57 price per square foot in the Oakwood neighborhood. Here is today’s list of the best values for Oakwood apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Edison Lofts ApartmentsTownhouse 42BR,2.5BA$1.64
1937 Fairfield Dr, Unit Apt. D1937 Fairfield Dr2BR,1BA$1.57
Trails Corner ApartmentsTC 3x13BR,1BA$1.08
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.29
Brentmoor ApartmentsGlenwood1BR,1BA$1.64
Brookside Apartments1x1 Partial Upgrade1BR,1BA$1.51
Oberlin Court ApartmentsB21BR,1BA$1.96
900 Moses Ct900 Moses Ct1BR,1BA$1.64
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1.98

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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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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Real 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.

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Pet Friendly Lifestyle
Oakwood, Raleigh, NC

Ranked #18

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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.

Frequently Asked Questions about Cheap Oakwood Apartments

What is a cheap apartment in Oakwood?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Oakwood is under $1,159.

What is the price of a cheap apartment in Oakwood?

The cheapest apartment in Oakwood is Parkside at Davie which is listed at $1,095, while the average apartment in Oakwood costs $2,716.

What types of apartments are the cheapest in Oakwood?

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 4 regular apartments in Oakwood 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?

Cheap apartments in Oakwood have an average cost of $649 which is $2,067 cheaper than the average rent for all rentals in Oakwood.

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.

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.