Cheap Homes for Rent in Oakwood Neighborhood of Raleigh, NC from $800 (29 Rentals)

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

property at 710 Coleman St

710 Coleman St

RaleighNC27610
property at 732 Quarry St

732 Quarry St

RaleighNC27601

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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property at 663 Coleman St

663 Coleman St

RaleighNC27610

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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Showing Results 1-29, Page 1 of 1

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 Milner Commons 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 ListingModel NameBed/BathPriced From
Milner CommonsStudio - The WillowStudio,1BA$875
Pullen Station LoftsStudioStudio,1BA$950
Brentmoor ApartmentsOberlin1BR,1BA$1,099
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,130
Elan City CenterA1Studio,1BA$1,143
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,147
Skyhouse RaleighS4Studio,1BA$1,173
Shamrock ApartmentsOne Bedroom1BR,1BA$1,175
The LineExpressStudio,1BA$1,214
The Acorn on Person StreetLeeStudio,1BA$1,235

Best Value Apartments for Rent in Oakwood, NC

As of June 11, 2025 the best value apartment in the Oakwood area is the $1.72 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,695. The second greatest value Oakwood apartment is the 201 Model at Capital Apartments starting at $1,895 with a $1.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
618 N Boylan Ave2 Bed #3102BR,2BA$1.72
Capital Apartments2012BR,1BA$1.48
The Apartments at St. Mary'sB42BR,2BA$1.78
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
Wedgwood Apartments2-2.2BR,2BA$1.51
The Edition on OberlinTH11BR,1.5BA$1.70
Oberlin Court ApartmentsB11BR,1BA$1.90
Brentmoor ApartmentsOberlin1BR,1BA$1.50
The Mordecai on Clover1 BR 1 BA TOWNHOME1BR,1BA$2.00
Shamrock ApartmentsOne Bedroom1BR,1BA$2.01

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.

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Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 322 Apartments for Rent in Oakwood, NC with pricing that ranges from $577 to $9,292. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $895 to $6,000.

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 $895 to $6,000 with an average monthly rent of $2,191.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.