Cheap Homes for Rent in the Oakwood Neighborhood of Raleigh, NC from $600 (24 Rentals)

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

property at 801 Daniels St

$1,145

Total Monthly Price

Total Monthly Price

Base Rent
$1,145

Total Monthly Price
$1,145

1 Bedroom, 1 Bath Condo for Rent

Available Now

801 Daniels St, Unit D

801 Daniels St
RaleighNC27605

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property at 505 Freeman St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

505 Freeman St

RaleighNC27601

Rent According to Income: A Look at Income-Restricted Rentals

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property at 919 S State St

$1,595

Total Monthly Price

Total Monthly Price

Base Rent
$1,595

Total Monthly Price
$1,595

2 Bedroom, 1 Bath Townhome for Rent

Available Now

919 S State St, Unit B

919 S State St
RaleighNC27601

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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 4 Beds unit found at Hub Raleigh priced from $799. 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
Hub Raleigh4x2 Pod4BR,2BA$799
Pullen Station LoftsStudioStudio,1BA$950
Greenway Flats ApartmentsStudioStudio,1BA$995
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$999
Parkside at Davie1 Beds, 1 Baths1BR,1BA$1,095

Best Value Apartments for Rent in Oakwood, NC

As of August 20, 2026 the best value apartment in the Oakwood area is the $1.44 price per square foot 920 W Morgan St Model at 920 W Morgan St, Unit A in the in the Oakwood neighborhood starting from $2,370. The second greatest value Oakwood apartment is the Cameron Model at The Maggie starting at $2,319 with a $1.80 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.
920 W Morgan St, Unit A920 W Morgan St3BR,2BA$1.44
The MaggieCameron2BR,2BA$1.80
Signature 1505B62BR,2BA$1.03
1937 Fairfield Dr, Unit Apt. D1937 Fairfield Dr2BR,1BA$1.57
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
501 Cutler St, Unit 2501 Cutler St1BR,1BA$1.36
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.29
Brentmoor ApartmentsCapital2BR,1BA$1.67
STATE1022BR/1.5BA2BR,1.5BA$1.65
Brookside ApartmentsStudio PartialStudio ,1BA$1.76

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 #12

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Oakwood

What type of rentals are currently available in Oakwood?

There are currently 337 Apartments for Rent in Oakwood, NC with pricing that ranges from $650 to $7,538. There are also 73 Single Family Homes for rent, Condos, and Townhome rentals currently available in Oakwood ranging from $640 to $4,600.

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 $640 to $4,600 with an average monthly rent of $2,122.

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 $1,150 to $7,538, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $4,600. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $650.

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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