1411 Collegiate Cir, Unit 102, Unit 102
1411 Collegiate Cir
RaleighNC27606
Cheap Apartments for Rent in the South Raleigh Neighborhood of Raleigh, NC from $400 (73 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Raleigh area of Raleigh.
1410 Collegiate Cir
RaleighNC27606
Room in House on Ujamaa Dr
1305 Ujamaa Dr
RaleighNC27610
2011 Wolfmill Dr
RaleighNC27603
3000 Centennial Woods Dr
RaleighNC27603
Room in House on Pinedale Dr
1809 Pinedale Dr
RaleighNC27603
Room in House on Tawny View Ln
1513 Tawny View Ln
RaleighNC27603
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$6204 Bedroom Apartments Available Aug 1
2002 Technology Woods Dr, Unit 2002 Technology woods Dr
2002 Technology Woods DrRaleigh, NC 27603
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$620
Total Monthly Price
1 to 4 Bedroom Apartment Available NowTotal Monthly Price
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$620
Total Monthly Price
$620
2002 Technology Woods Dr
2002 Technology Woods DrRaleigh, NC 27603
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$620
Total Monthly Price
4 Bedroom Apartment Available Aug 1Total Monthly Price
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$620
Total Monthly Price
$620
2011 Wolfmill Dr, Unit 2011, Unit 2011
2011 Wolfmill DrRaleigh, NC 27603
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.
2002 Technology Woods Dr
RaleighNC27603
1911 Wolftech Ln, Unit 104, Unit 104
1911 Wolftech Ln
RaleighNC27603
Room in House on Glacis Ct
6827 Glacis Ct
RaleighNC27610
3020 Centennial Woods Dr, Unit 3020 Centennial Woods, Unit 3020 Centennial Woods
3020 Centennial Woods Dr
RaleighNC27603
Room in House on Henslowe Dr
2824 Henslowe Dr
RaleighNC27603
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$664 - $1,5411 to 2 Bedroom Apartments Available Now
The Terrace at Rock Quarry
3600 Diamond Springs DrRaleigh, NC 27610
Room in Condo on Collegiate Cir
1430 Collegiate Cir
RaleighNC27606
Room in Condo on Crab Orchard Dr
1321 Crab Orchard Dr
RaleighNC27606
Room in House on Slippery Elm Dr
3320 Slippery Elm Dr
RaleighNC27610
Room in Condo on Crab Orchard Dr
1331 Crab Orchard Dr
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 Collegiate Cir
1411 Collegiate Cir
RaleighNC27606
1351 Crab Orchard Dr, Unit 302
1351 Crab Orchard Dr
RaleighNC27606
1420 Collegiate Cir, Unit 201, Unit 201
1420 Collegiate Cir
RaleighNC27606
1351 Crab Orchard Dr, Unit 302, Unit 302
1351 Crab Orchard Dr
RaleighNC27606
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$720
Total Monthly Price
4 Bedroom Apartment Available Aug 1Total Monthly Price
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$720
Total Monthly Price
$720
1911 Wolftech Ln, Unit 303C 1911, Unit 303C 1911
1911 Wolftech LnRaleigh, NC 27603
Room in Condo on Trailwood Heights Ln
1901 Trailwood Heights Ln
RaleighNC27603
1911 Wolf Tech Ln, Unit 302
1911 Wolf Tech Ln
RaleighNC27603
1911 Wolftech Ln, Unit 302, Unit 302
1911 Wolftech Ln
RaleighNC27603
Room in Townhome on Haskell Dr
3016 Haskell Dr
RaleighNC27610
149 Summer Violet Ln
RaleighNC27610
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.
Room in House on Moonbeam Dr
729 Moonbeam Dr
RaleighNC27603
1724 Sierra Dr, Unit Single Room, Unit Single Room
1724 Sierra Dr
RaleighNC27603
1101 Kitt Pl
RaleighNC27610
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$1,006 - $6,0431 to 3 Bedroom Apartments Available Now
The Retreat at Lake Johnson Apartments
3201 Walnut Creek PkyRaleigh, NC 27606
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$1,040 - $1,9521 to 3 Bedroom Apartments Contact Us For Availability
Rock Quarry Landing
3501 Rock Quarry RdRaleigh, NC 27610
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Rent Specials
$1,138 - $2,107
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,138 - $2,107
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Sunnybrook Residences
2421 Brightcreek Falls TrlRaleigh, NC 27610
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$1,155 - $1,5991 to 3 Bedroom Apartments Available Now
Chandler Ridge
4900 Chandler Ridge CirRaleigh, NC 27603
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Rent Specials
$1,164 - $1,982
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,164 - $1,982
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Olde Towne Residences
2301 Ostracod LnRaleigh, NC 27610
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$1,186 - $1,8001 to 3 Bedroom Apartments Available Now
Ashborough Apartments
5406 Viewcrest WayRaleigh, NC 27606
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$1,190 - $5,8841 to 3 Bedroom Apartments Available Now
Trailwood Crossing Apartments
3004 Dorner CirRaleigh, NC 27606
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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Rent Specials
$1,199 - $1,3952 Bedroom Apartments Available Now
Magnolia House
2100 McAndrew DrRaleigh, NC 27610
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1 to 3 Bedroom Apartments
Pine Ridge Apartments
501 Small Pine DrRaleigh, NC 27603
2021 Wolf Tech Ln
RaleighNC27603
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1 to 2 Bedroom Apartments
Elders Peak
2917 Creech RdRaleigh, NC 27610
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1 Bedroom Apartments
900 Newcombe Rd
900 Newcombe RdRaleigh, NC 27610
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1 to 3 Bedroom Apartments
Penwood Apartments
5401-5445 Penwood DrRaleigh, NC 27606
7010 Sorrell Ln
RaleighNC27603
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2 to 3 Bedroom Apartments
Tryon Grove
2500-2516 Tryon Grove DrRaleigh, NC 27603
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Studio to 1 Bedroom Apartments
Cosmo & Lewis Estates
1117-1129 Hadley RdRaleigh, NC 27610
3112 Berry Ct
RaleighNC27610
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.
South Raleigh, Raleigh, NC Local Guide
How much does it cost to rent an apartment in South Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Raleigh Studio Apartments | $1,221 | $1,138 | $1,520 |
| South Raleigh 1 Bedroom Apartments | $1,431 | $664 | $4,031 |
| South Raleigh 2 Bedroom Apartments | $1,662 | $797 | $5,017 |
| South Raleigh 3 Bedroom Apartments | $1,880 | $719 | $3,130 |
| South Raleigh 4 Bedroom Apartments | $935 | $620 | $3,600 |
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 73 rentals with your search options within a 2 mile radius of the South Raleigh Neighborhood of Raleigh, NC.
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South Raleigh, Raleigh, NC Local Guide
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Cheapest Available South Raleigh Apartments for Rent
The cheapest available apartment rental in the South Raleigh area of Raleigh, NC is a 1 Bed unit found at The Terrace at Rock Quarry priced from $664. Olde School Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. Here are the most affordable South Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terrace at Rock Quarry | One bedroom 30% | 1BR,1BA | $664 |
| Olde School Commons | OSC 1/1 | 1BR,1BA | $709 |
| 900 Newcombe Rd | 1/1 | 1BR,1BA | $710 |
| The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $1,006 |
| Tryon Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,025 |
| THE BLUFFS AT WALNUT CREEK | 1/1 | 1BR,1BA | $1,045 |
| Flats on 7th Apartments | 2BR 1.5BA | 2BR,1BA | $1,049 |
| Legacy 2000 | 1x1 White Oak Standard Unit-Call For Avail. | 1BR,1BA | $1,050 |
| Newly Renovated Flats & Townhomes in the Heart of Angier! Pets Welcome! | v1x1wd | 1BR,1BA | $1,095 |
| Tryon Station | 1 bedroom | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in South Raleigh, NC
As of May 07, 2026 the best value apartment in the South Raleigh area is the $1.09 price per square foot 2032 Cartier Ruby Ln Model at 2032 Cartier Ruby Ln, Unit Raleigh house in the in the East Raleigh neighborhood starting from $2,400. The second greatest value South Raleigh apartment is the 4x4 Model at University Village at 2505 starting at $815 with a $0.56 price per square foot in the University Suites neighborhood. Here is today’s list of the best values for South Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2032 Cartier Ruby Ln, Unit Raleigh house | 2032 Cartier Ruby Ln | 5BR,3BA | $1.09 |
| University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
| Tryon Flats – Modern Student Living Near NC State | A2 | 4BR,4BA | $0.67 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.59 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Campus West at Tryon | 3X3 | 3BR,3BA | $0.76 |
| Campus Edge | 2x2 Platinum | 2BR,2BA | $0.99 |
| Flats on 7th Apartments | 2BR 1.5BA | 2BR,1.5BA | $1.10 |
| Village Green Student Housing | 2BD/2BA | 2BR,2BA | $1.02 |
| Olde School Commons | OSC 1/1 | 1BR,1BA | $0.89 |
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.
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.
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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 LifestyleSouth Raleigh, Raleigh, NC
Ranked #10
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Raleigh, Raleigh, NC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Raleigh, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Raleigh Apartments
What is a cheap apartment in South Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Raleigh is under $1,095.
What is the price of a cheap apartment in South Raleigh?
The cheapest apartment in South Raleigh is The Terrace at Rock Quarry which is listed at $664, while the average apartment in South Raleigh costs $3,389.
What types of apartments are the cheapest in South Raleigh?
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 37 regular apartments in South Raleigh 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 South Raleigh?
Cheap apartments in South Raleigh have an average cost of $454 which is $2,935 cheaper than the average rent for all rentals in South Raleigh.
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.
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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.
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.