
Cheap Homes for Rent in Oakwood Neighborhood of Raleigh, NC from $800 (24 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Raleigh.


Room in Townhome on Gregg St

829 S State St

506 Bragg St

600 Coleman St

528 Wade Ave, Unit A

1311 Park Glen Dr

709 Daniels St
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.

636 Cumberland St

2230 Bernard St

817 Friar Tuck Rd

1341 Curfman St

717 Friar Tuck Rd

1092 Nichols Dr

835 Daniels St
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.

835 Daniels St, Unit 2C

618 N Boylan Ave

709 Glenbrook Dr

2227 Bernard St

717 Lunar Dr

1507 Beauty Ave

1504 Malta Ave

903 Mordecai Dr
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.

1221 Westview Ln
Oakwood, Raleigh, NC Local Guide

How much does it cost to rent a home in Oakwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Oakwood 2 Bedroom Homes for Rent | $1,889 | $975 | $2,895 |
Oakwood 3 Bedroom Homes for Rent | $2,396 | $1,395 | $3,500 |
Oakwood 4 Bedroom Homes for Rent | $3,516 | $2,295 | $5,895 |
Oakwood 5 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Oakwood Neighborhood of Raleigh, NC.
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Oakwood, Raleigh, NC Local Guide
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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 $929. 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 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $929 |
Pullen Station Lofts | Studio | Studio,1BA | $950 |
Shamrock Apartments | One Bedroom | 1BR,1BA | $999 |
Wedgwood Apartments | Shamrock 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Oakwood, NC
As of September 18, 2025 the best value apartment in the Oakwood area is the $1.43 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,235. The second greatest value Oakwood apartment is the 815 W Johnson St Model at 815 W Johnson St, Unit 815 starting at $1,650 with a $1.14 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. |
---|---|---|---|
618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.43 |
815 W Johnson St, Unit 815 | 815 W Johnson St | 2BR,1BA | $1.14 |
Capital Apartments | 201 | 2BR,1BA | $1.40 |
The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.51 |
The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.24 |
Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.23 |
Oberlin Court Apartments | B1 | 1BR,1BA | $1.70 |
Brentmoor Apartments | Oberlin | 1BR,1BA | $1.61 |
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
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Pet Friendly LifestyleOakwood, Raleigh, NC
Ranked #12
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
Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 335 Apartments for Rent in Oakwood, NC with pricing that ranges from $750 to $16,708. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $825 to $5,895.
What is the current price range for Rental Homes in Oakwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Oakwood ranges from $825 to $5,895 with an average monthly rent of $2,701.
How much are larger Three and Four Bedroom Rentals in Oakwood?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Oakwood range from $1,353 to $16,708, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,395 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,295 and Four Bedroom Apartments start at $4,950.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.