Cheap Apartments for Rent in the Silver Lake Neighborhood of Raleigh, NC from $600 (53 Rentals)

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

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2002 Technology Woods Dr
$620
Total Monthly Price

Total Monthly Price

Base Rent
$620
Total Monthly Price
$620
1 to 4 Bedroom Apartment Available Now

2002 Technology Woods Dr

2002 Technology Woods DrRaleigh, NC 27603
Affordability
property at 1911 Wolftech Ln

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625
Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

1911 Wolftech Ln, Unit 104

1911 Wolftech Ln
RaleighNC27603

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Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

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Regency Place
1 to 2 Bedroom Apartments

Regency Place

6210 St Regis CirRaleigh, NC 27606
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Wayne Ridge Townhomes
2 Bedroom Apartments

Wayne Ridge Townhomes

1600-1638 Hammock PlRaleigh, NC 27606
  • Utilities Included
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Tryon Place
$1,219 - $2,205
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $2,205
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Tryon Place

4101 Skye LnCary, NC 27518
Corporate Housing
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Silver Lake, Raleigh, NC Local Guide

Cheapest Available Silver Lake Apartments for Rent

 

The cheapest available apartment rental in the Silver Lake area of Raleigh, NC is a 1 Bed unit found at Aurella Cary priced from $1,035. The Retreat at Lake Johnson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,114. Here are the most affordable Silver Lake apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Aurella CaryThe Camillia1BR,1BA$1,035
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$1,114
Regency PlaceEdgemont2BR,1BA$1,149
Woodcreek ApartmentsThe Lakehurst1BR,1BA$1,199
The Lodge at CrossroadsGrace1BR,1BA$1,219
Williamsburg Manor2 Bed 1.5 Bath Classic Unit No W/D Connection2BR,1BA$1,219
Tryon PlaceA1Studio,1BA$1,219
The Enclave at CrossroadsThe Roanoke1BR,1BA$1,222
South Valley ApartmentsUpstairs2BR,1BA$1,247
Remington PlaceFairfield I1BR,1BA$1,274

Best Value Apartments for Rent in Silver Lake, NC

As of April 08, 2026 the best value apartment in the Silver Lake area is the $1.39 price per square foot B2 Model at AXIS Crossroads in the in the Lakeside neighborhood starting from $1,722. The second greatest value Silver Lake apartment is the 3x3 Model at Centennial Village Student Housing starting at $719 with a $0.59 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for Silver Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
AXIS CrossroadsB22BR,2BA$1.39
Centennial Village Student Housing3x33BR,3BA$0.59
1820 at Centennial3x33BR,3BA$0.81
Williamsburg Manor2 Bed 1.5 Bath Classic Unit No W/D Connection2BR,1.5BA$1.11
Amberwood at LochmereSequoia3BR,2BA$1.35
Campus West at Tryon3X33BR,3BA$0.76
Campus Edge2x2 Platinum2BR,2BA$0.99
The Enclave at CrossroadsThe Roanoke1BR,1BA$1.37
Regency PlaceEdgemont2BR,1BA$1.31
Remington PlaceFairfield I1BR,1BA$1.46

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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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Best Local Schools in
Silver Lake, Raleigh, NC

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of neighborhoods, metropolitan areas, and rental properties across North Carolina including Silver Lake, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, pet-friendly features, apartment communities for the kids, proximity to transit, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Silver Lake Apartments

What is the price of a cheap apartment in Silver Lake?

The cheapest apartment in Silver Lake is Aurella Cary which is listed at $1,035, while the average apartment in Silver Lake costs $1,774.

What types of apartments are the cheapest in Silver Lake?

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 20 regular apartments in Silver Lake 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 Silver Lake?

Cheap apartments in Silver Lake have an average cost of $215 which is $1,559 cheaper than the average rent for all rentals in Silver Lake.

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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