1411 Collegiate Cir, Unit 102
1411 Collegiate Cir
RaleighNC27606
Cheap Apartments for Rent in the Silver Lake Neighborhood of Raleigh, NC from $500 (40 Rentals)
Search the lowest-cost Apartments available for rent right now in the Silver Lake area of Raleigh.
2011 Wolfmill Dr
RaleighNC27603
3000 Centennial Woods Dr
RaleighNC27603
close
View Me
$6204 Bedroom Apartment Available Aug 1
2002 Technology Woods Dr
2002 Technology Woods DrRaleigh, NC 27603
close
View Me
$6204 Bedroom Apartment Available Aug 1
2011 Wolfmill Dr, Unit 2011
2011 Wolfmill DrRaleigh, NC 27603
close
View Me
$6204 Bedroom Apartments Available Aug 1
2002 Technology Woods Dr, Unit 2002 Technology woods Dr
2002 Technology Woods DrRaleigh, NC 27603
1911 Wolftech Ln, Unit 104
1911 Wolftech Ln
RaleighNC27603
2002 Technology Woods Dr
RaleighNC27603
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.
2031 Wolfmill Dr
RaleighNC27603
close
View Me
$650
Total Monthly Price
1 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$650
Total Monthly Price
$650
1911 Wolftech Ln
1911 Wolftech LnRaleigh, NC 27603
Room in Condo on Crab Orchard Dr
1331 Crab Orchard Dr
RaleighNC27606
2021 Wolf Tech Ln
RaleighNC27603
Room in Condo on Crab Orchard Dr
1321 Crab Orchard Dr
RaleighNC27606
4279 The Oaks Dr
RaleighNC27606
1411 Collegiate Cir, Unit 1
1411 Collegiate Cir
RaleighNC27606
Room in Condo on University Ct
1241 University Ct
RaleighNC27606
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.
Room in Condo on Wolfmill Dr
2010 Wolfmill Dr
RaleighNC27603
Room in Condo on University Ct
1251 University Ct
RaleighNC27606
1351 Crab Orchard Dr, Unit 302
1351 Crab Orchard Dr
RaleighNC27606
Room in Condo on Collegiate Cir
1430 Collegiate Cir
RaleighNC27606
3710 Pardue Woods Pl, Unit 102-2
3710 Pardue Woods Pl
RaleighNC27603
1230 University Ct
RaleighNC27606
Room in Condo on University Ct
1220 University Ct
RaleighNC27606
close
View Me
$8501 Bedroom Apartments Available Now
1230 University Ct, Unit -002
1230 University CtRaleigh, NC 27606
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.
1420 Collegiate Cir
RaleighNC27606
Room in House on Old Farm Rd
612 Old Farm Rd
RaleighNC27606
close
View Me
Rent Specials
$1,034 - $3,778
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,034 - $3,778
Total Monthly Price
$1,034 - $3,778
Centerview at Crossroads
1310 Silver Sage DrRaleigh, NC 27606
close
View Me
$1,074 - $4,9951 to 3 Bedroom Apartments Available Now
Trailwood Crossing Apartments
3004 Dorner CirRaleigh, NC 27606
close
View Me
$1,102 - $1,7941 to 3 Bedroom Apartments Available Now
Ashborough Apartments
5406 Viewcrest WayRaleigh, NC 27606
close
View Me
$1,172 - $6,0311 to 3 Bedroom Apartments Available Now
The Retreat at Lake Johnson Apartments
3201 Walnut Creek PkyRaleigh, NC 27606
close
View Me
$1,190 - $2,4751 to 2 Bedroom Apartments Available Now
The Summit at Avent Ferry
1025 Avent HlRaleigh, NC 27606
1241 University Ct, Unit 002
1241 University Ct
RaleighNC27606
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.
2021 Wolf Tech Ln
RaleighNC27603
1251 University Ct
RaleighNC27606
1351 Crab Orchard Dr
RaleighNC27606
close
View Me
1 to 3 Bedroom Apartments
Penwood Apartments
5401-5445 Penwood DrRaleigh, NC 27606
5215 Deer Haven Dr
RaleighNC27606
Room in Townhome on Macedonia Lake Dr
8627 Macedonia Lake Dr
CaryNC27518
close
View Me
Rent Specials
$1,170 - $1,8051 to 2 Bedroom Apartments Available Now
Aurella Cary
101 Harlon DrCary, NC 27511
close
View Me
1 to 2 Bedroom Apartments
Woodcreek Apartments
100 Stephanie DrCary, NC 27511
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.
Showing Results 1-40, Page 1 of 1
Silver Lake, Raleigh, NC Local Guide
How much does it cost to rent an apartment in Silver Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Silver Lake Studio Apartments | $1,256 | $1,256 | $1,256 |
| Silver Lake 1 Bedroom Apartments | $1,476 | $650 | $4,031 |
| Silver Lake 2 Bedroom Apartments | $1,773 | $985 | $4,855 |
| Silver Lake 3 Bedroom Apartments | $1,887 | $799 | $3,285 |
| Silver Lake 4 Bedroom Apartments | $2,193 | $574 | $7,129 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 40 rentals with your search options within a 2 mile radius of the Silver Lake Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Silver Lake, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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 $1,170. The Summit at Avent Ferry has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,190. Here are the most affordable Silver Lake apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Aurella Cary | The Camillia | 1BR,1BA | $1,170 |
| The Summit at Avent Ferry | 1 Bed 1 Bath Renovated | 1BR,1BA | $1,190 |
| South Valley Apartments | The Terrace | 2BR,1BA | $1,247 |
| Tryon Place | A1 | Studio,1BA | $1,256 |
| Trailwood Crossing Apartments | B1 - Lexington | 2BR,1BA | $1,261 |
| Ashborough Apartments | The Manet A3 | 1BR,1BA | $1,264 |
| Bell Jones Franklin | A1A | 1BR,1BA | $1,265 |
| Wildwoods of Lake Johnson | 1A - Classic | 1BR,1BA | $1,266 |
| Amberwood at Lochmere | Mimosa | 2BR,1BA | $1,273 |
| Gorman Crossings | 2B | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Silver Lake, NC
As of July 16, 2026 the best value apartment in the Silver Lake area is the $0.58 price per square foot 3X3 Model at University Suites Student Housing in the in the Lakeside neighborhood starting from $799. The second greatest value Silver Lake apartment is the 3x3 Model at Centennial Village Student Housing starting at $599 with a $0.49 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Suites Student Housing | 3X3 | 3BR,3BA | $0.58 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.49 |
| The Enclave at Crossroads | The Currituck | 2BR,2BA | $1.21 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.56 |
| Gorman Crossings | 3B | 3BR,2BA | $1.48 |
| Williamsburg Manor | 2 Bed 1.5 Bath Renovated No W/D Connection | 2BR,1.5BA | $1.35 |
| Trailwood Crossing Apartments | B1 - Lexington | 2BR,1BA | $1.20 |
| Campus Edge | 2x2 Platinum | 2BR,2BA | $1.01 |
| The Retreat at Lake Johnson Apartments | B1 - Larkspur | 2BR,2BA | $1.41 |
| South Valley Apartments | The Terrace | 2BR,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 Article
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.
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.
Let everyone know!
Do you know the Silver Lake area?
If you’re an expert on all things Silver Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Silver Lake, Raleigh, NC
School data provided by Great Schools
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 $1,170, while the average apartment in Silver Lake costs $1,889.
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 16 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 $144 which is $1,745 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.
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
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
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.
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.
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.
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.