
Cheap Apartments for Rent in the Riverside Neighborhood of Raleigh, NC from $500 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in the Riverside area of Raleigh.


Room in House on Renyard Ct

Room in House on Kinsley Pl

Room in House on Beaverwood Dr

Room in House on Daingerfield Dr

Room in Townhome on Pathfinder Wy

Lexington on the Green

Village at Town Center
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

The Domain Apartments

Spring Forest

Wynslow Park*

The Maddox

Falls Creek Apartments and Townhomes

Sterling

Autumn Pointe

The Park at North Ridge
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.

Foxwood Apartments

Brookefield Apartments

River Haven

North Hills at Town Center

The Groves

Perry Point

Hudson 5401

Total Monthly Price
Cortland Falls River
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.

Raleigh Exchange

Total Monthly Price
Everly on 401

MILLBROOK POINTE

Total Monthly Price
Level at 401

Total Monthly Price
Elan Capital Hills

Total Monthly Price
Atlantic Springs

The Arbors

Fox Haven Apartments
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.

The Piedmont Raleigh

Northridge Crossings

Gresham Hills

River Birch at Town Center Apartments

Clairmont at Perry Creek

4021 Blackstone Dr, Unit 200

4021 Blackstone Dr

Bluestone Apartments
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.

Pine Village Apartments

The Garden at Wynslow Park II

Brighton Pointe Senior Apartments

Comet North Raleigh
Riverside, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Riverside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Riverside Studio Apartments | $1,147 | $1,104 | $1,305 |
| Riverside 1 Bedroom Apartments | $1,361 | $908 | $2,450 |
| Riverside 2 Bedroom Apartments | $1,598 | $1,145 | $3,000 |
| Riverside 3 Bedroom Apartments | $2,030 | $1,550 | $6,395 |
Browse Apartments in this Neighborhood
There are currently 44 rentals with your search options within a 3 mile radius of the Riverside Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Riverside, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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Cheapest Available Riverside Apartments for Rent
 The cheapest available apartment rental in the Riverside area of Raleigh, NC is a 1 Bed unit found at Lexington on the Green priced from $908. Village at Town Center has the second lowest priced unit, which is a 1 Bed apartment currently listed from $973. Here are the most affordable Riverside apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lexington on the Green | A1 | 1BR,1BA | $908 |
| Village at Town Center | Aspen | 1BR,1BA | $973 |
| The Domain Apartments | Phase 2 - 1 x 1 - Call For Availability | 1BR,1BA | $1,000 |
| Northridge Crossings | The Coach | 1BR,1BA | $1,021 |
| Spring Forest | Willow | 1BR,1BA | $1,022 |
| Wynslow Park* | Metropolitan | 1BR,1BA | $1,050 |
| The Maddox | Curie | Studio,1BA | $1,074 |
| Sterling | A2 | 1BR,1BA | $1,099 |
| Autumn Pointe | Metropolitan | 1BR,1BA | $1,149 |
| Falls Creek Apartments and Townhomes | One Bedroom w/ Den | 1BR,1BA | $1,170 |
Best Value Apartments for Rent in Riverside, NC
As of May 31, 2026 the best value apartment in the Riverside area is the $1.31 price per square foot The Calliope Model at Northridge Crossings in the in the Northridge Trace neighborhood starting from $1,920. The second greatest value Riverside apartment is the Magnolia Model at Village at Town Center starting at $1,714 with a $1.31 price per square foot in the Northridge Trace neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Northridge Crossings | The Calliope | 3BR,2BA | $1.31 |
| Village at Town Center | Magnolia | 3BR,2BA | $1.31 |
| Lexington on the Green | C1 | 3BR,2BA | $1.34 |
| Falls Creek Apartments and Townhomes | Two Bedroom 2 Bath | 2BR,2BA | $1.36 |
| River Haven | Neuse Vista | 3BR,2BA | $1.49 |
| MILLBROOK POINTE | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.27 |
| Pine Village Apartments | A5 | 1BR,1BA | $1.46 |
| The Domain Apartments | Phase 2 - 1 x 1 Upgrade-Call For Availability | 1BR,1BA | $1.33 |
| Wynslow Park* | Phase II Metropolitan | 1BR,1BA | $1.49 |
| Foxwood Apartments | A | 1BR,1BA | $1.47 |
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.
Read ArticleTop 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.
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleRiverside, Raleigh, NC
Ranked #55
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
Our team works hard to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in areas across the United States, including Raleigh. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including rankings of the best places for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Riverside Apartments
What is a cheap apartment in Riverside?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Riverside is under $1,170.
What is the price of a cheap apartment in Riverside?
The cheapest apartment in Riverside is Lexington on the Green which is listed at $908, while the average apartment in Riverside costs $1,843.
What types of apartments are the cheapest in Riverside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 21 regular apartments in Riverside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Riverside?
Cheap apartments in Riverside have an average cost of $151 which is $1,692 cheaper than the average rent for all rentals in Riverside.
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

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.

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.

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.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
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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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.