Cheap Apartments for Rent in the Oakwood Neighborhood of Raleigh, NC from $600 (77 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
$989 - $2,674
Total Monthly Price

Total Monthly Price

Base Rent
$953 - $2,638
Required Monthly Fees
$36
Total Monthly Price
$989 - $2,674
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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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.

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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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Oberlin Court Apartments
$1,291 - $3,620
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $3,573
Required Monthly Fees
$47
Total Monthly Price
$1,291 - $3,620
Studio to 3 Bedroom Apartments Available Now

Oberlin Court Apartments

1009 Wade AveRaleigh, NC 27605
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The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,245
Required Monthly Fees
$45
Total Monthly Price
$1,295 - $2,290
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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Mira
Rent Specials
$1,306 - $3,244
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,149
Required Monthly Fees
$95
Total Monthly Price
$1,306 - $3,244
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Family Friendly
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The Dillon
Rent Specials
$1,309 - $3,209
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $3,040
Required Monthly Fees
$169
Total Monthly Price
$1,309 - $3,209
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

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.

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The Miles
Rent Specials
$1,312 - $5,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,220 - $4,910
Required Monthly Fees
$92
Total Monthly Price
$1,312 - $5,002
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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The Point
Rent Specials
$1,366 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,272 - $3,090
Required Monthly Fees
$94
Total Monthly Price
$1,366 - $3,184
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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Elan City Center
Rent Specials
$1,384 - $3,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $2,976
Required Monthly Fees
$65
Total Monthly Price
$1,384 - $3,041
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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The Signal
Rent Specials
$1,390 - $5,474
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $5,383
Required Monthly Fees
$91
Total Monthly Price
$1,390 - $5,474
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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The Devon Four25
Rent Specials
$1,391 - $5,181
Total Monthly Price

Total Monthly Price

Base Rent
$1,350 - $5,140
Required Monthly Fees
$41
Total Monthly Price
$1,391 - $5,181
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
Pet Friendly
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Cortland Glenwood South
Rent Specials
$1,403 - $9,461
Total Monthly Price

Total Monthly Price

Base Rent
$1,370 - $9,428
Required Monthly Fees
$33
Total Monthly Price
$1,403 - $9,461
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
Luxury
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The Art of the Rental Viewing: What to look for during a property tour

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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 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable Oakwood apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$949
Pullen Station LoftsStudioStudio,1BA$950
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$989
Greenway Flats ApartmentsStudioStudio,1BA$995
The Acorn on Person StreetLeeStudio,1BA$1,099
Brookside ApartmentsStudio Newly RenovatedStudio,1BA$1,149
927 West MorganMorgan1BR,1BA$1,163
Brentmoor ApartmentsCapital2BR,1BA$1,175
The Apartments at St. Mary'sS3Studio,1BA$1,185

Best Value Apartments for Rent in Oakwood, NC

As of March 10, 2026 the best value apartment in the Oakwood area is the $1.56 price per square foot 2x2.5 townhm Model at The Townes at Bishops Park in the in the Blount Street neighborhood starting from $1,850. The second greatest value Oakwood apartment is the 2 Bedroom, 1 Bathroom Model at Warm up to great deals!! starting at $1,297 with a $1.53 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 Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
Warm up to great deals!!2 Bedroom, 1 Bathroom2BR,1BA$1.53
Oberlin Court ApartmentsA1Studio ,1BA$1.89
Brentmoor ApartmentsOberlin1BR,1BA$1.65
801 Glenwood Ave, Unit 0801 Glenwood Ave1BR,1BA$1.86
927 West MorganGlenwood1BR,1BA$1.88
The Shelton at Cameron Court1 Bedroom, 1 Bath1BR,1BA$1.82
Brookside ApartmentsStudio Newly RenovatedStudio ,1BA$1.84
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.90

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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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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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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Pet Friendly Lifestyle
Oakwood, Raleigh, NC

Ranked #9

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Oakwood, Raleigh, NC

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.

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 $1,175 at Brentmoor 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 $2,058.

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

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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

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.

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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.

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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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.