Cheap Apartments for Rent in the Riverside Neighborhood of Raleigh, NC from $500 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Riverside area of Raleigh.

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.

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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.

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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.

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Level at 401
Rent Specials
$1,316 - $1,780
Total Monthly Price

Total Monthly Price

Base Rent
$1,316 - $1,780
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Level at 401

5721 Goodstone DrRaleigh, NC 27616
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Everly on 401
Rent Specials
$1,344 - $1,987
Total Monthly Price

Total Monthly Price

Base Rent
$1,344 - $1,987
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Everly on 401

7010 Fox Carriage DrRaleigh, NC 27616
Affordability
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Atlantic Springs
Rent Specials
$1,355 - $1,970
Total Monthly Price

Total Monthly Price

Base Rent
$1,355 - $1,970
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Atlantic Springs

5540 Atlantic Springs RdRaleigh, NC 27616
Luxury
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Cortland Falls River
Rent Specials
$1,366 - $6,116
Total Monthly Price

Total Monthly Price

Base Rent
$1,366 - $6,116
Total Monthly Price
$1,366 - $6,116
1 to 3 Bedroom Apartments Available Now

Cortland Falls River

1302 Rio Valley DrRaleigh, NC 27614
Corporate Housing
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Elan Capital Hills
Rent Specials
$1,372 - $2,667
Total Monthly Price

Total Monthly Price

Base Rent
$1,372 - $2,667
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Elan Capital Hills

7100 Homestead Heights LnRaleigh, NC 27616
Luxury
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The Arbors
2 to 3 Bedroom Apartments

The Arbors

2611 Pine Village RdRaleigh, NC 27615
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Fox Haven Apartments
2 to 3 Bedroom Apartments

Fox Haven Apartments

7021 Fox Haven PlRaleigh, NC 27616
  • Utilities Included

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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The Piedmont Raleigh
Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
Corporate Housing
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Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
property at 4021 Blackstone Dr

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275
Total Monthly Price
$1,275

2 Bedroom, 2 Bath Condo for Rent

Available Now

4021 Blackstone Dr, Unit 200

4021 Blackstone Dr
RaleighNC27616
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Bluestone Apartments
1 to 3 Bedroom Apartments

Bluestone Apartments

6319 Fox RdRaleigh, NC 27616
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Showing Results 1-48, Page 1 of 1

Riverside, Raleigh, NC Local Guide

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 Overlooke at Simms Creek Apartments priced from $925. Lexington on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $966. Here are the most affordable Riverside apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
Lexington on the GreenA31BR,1BA$966
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000
Northridge CrossingsThe Coach1BR,1BA$1,019
Village at Town CenterAspen1BR,1BA$1,020
SterlingA11BR,1BA$1,025
Wynslow Park*Metropolitan1BR,1BA$1,050
Brookefield ApartmentsPullen1BR,1BA$1,099
The MaddoxCurieStudio,1BA$1,099
Litchford 315 Apartments1A - Converse1BR,1BA$1,122

Best Value Apartments for Rent in Riverside, NC

As of July 15, 2026 the best value apartment in the Riverside area is the $1.37 price per square foot B1R Model at North Hills at Town Center in the in the East Raleigh neighborhood starting from $1,458. The second greatest value Riverside apartment is the Two Bedroom 2 Bath Model at Falls Creek Apartments and Townhomes starting at $1,355 with a $1.30 price per square foot in the Fox Haven neighborhood. Here is today’s list of the best values for Riverside apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
North Hills at Town CenterB1R2BR,2BA$1.37
Falls Creek Apartments and TownhomesTwo Bedroom 2 Bath2BR,2BA$1.30
Cortland Falls RiverCaswell2BR,1BA$1.45
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Litchford 315 Apartments1A - Converse1BR,1BA$1.39
Village at Town CenterAspen1BR,1BA$1.27
Foxwood ApartmentsA1BR,1BA$1.44
Lexington on the GreenA31BR,1BA$1.30
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1.39

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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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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Pet Friendly Lifestyle
Riverside, Raleigh, NC

Ranked #54

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 the Cheapest Studio apartment in Riverside?

Currently the most affordable Cheap Studio Apartment in Riverside is at The Maddox listed at $1,099.

How much is rent for a Cheap One Bedroom Riverside Apartment?

The lowest price for a Cheap One Bedroom Riverside Apartment is $925 at Overlooke at Simms Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Riverside Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Riverside is starting from $1,025 at Overlooke at Simms Creek Apartments.

What is the most affordable Riverside Three Bedroom Apartment?

The best deal on a cheap Riverside Three Bedroom Apartment rental is at Overlooke at Simms Creek Apartments and starts from $1,225.

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

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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.

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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.

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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.

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

Written by: Chris Munier

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.