
Cheap Homes for Rent in Oakwood Neighborhood of Raleigh, NC from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in the Oakwood area of Raleigh.


604 Bragg St, Unit 1/2

604 1/2 Bragg St

Room in House on Heck St

1515 Poole Rd, Unit 1
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.

815 Clay St

Room in Townhome on Gregg St

703 Daniels St, Unit Cameron Village Condo

528 Wade Ave, Unit A

1311 Park Glen Dr
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

214 Elm St

712 Hartford Rd

717 Friar Tuck Rd

1092 Nichols Dr

813 S Blount St
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.

709 Daniels St
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 | $1,867 | $1,330 | $3,000 |
Oakwood 3 Bedroom Homes for Rent | $2,580 | $1,400 | $4,495 |
Oakwood 4 Bedroom Homes for Rent | $3,089 | $2,160 | $3,795 |
Browse Homes for Rent in this Neighborhood
There are currently 16 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. 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 |
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 |
Best Value Apartments for Rent in Oakwood, NC
As of August 04, 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 | $1.52 |
The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.64 |
Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.21 |
Longview Village Apartments | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.53 |
The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $1.57 |
Milner Commons | 1 Bedroom - The Cedar | 1BR,1BA | $1.53 |
Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Oakwood
What type of rentals are currently available in Oakwood?
There are currently 327 Apartments for Rent in Oakwood, NC with pricing that ranges from $750 to $9,575. There are also 74 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $575 to $4,500.
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 $575 to $4,500 with an average monthly rent of $2,422.
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.

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.