
Cheap Apartments for Rent in the Stonewater Neighborhood of Raleigh, NC from $1,200 (7 Rentals)
Search the lowest-cost Apartments available for rent right now in the Stonewater area of Raleigh.


Edge of Auburn

3716 Shady River Ct
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.

Brea Wendell Falls

Elevate Riverview

Stone River
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.

Mingo Village Apartments
Stonewater, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Stonewater?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Stonewater 1 Bedroom Apartments | $1,350 | $1,265 | $1,620 |
| Stonewater 2 Bedroom Apartments | $1,664 | $1,545 | $1,979 |
| Stonewater 3 Bedroom Apartments | $2,360 | $2,010 | $2,470 |
Explore Raleigh
Cheapest Available Stonewater Apartments for Rent
 The cheapest available apartment rental in the Stonewater area of Raleigh, NC is a 1 Bed unit found at Elevate Riverview priced from $1,265. Village Gate Apartments at Knightdale has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,295. Here are the most affordable Stonewater apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Elevate Riverview | A1B | 1BR,1BA | $1,265 |
| Village Gate Apartments at Knightdale | The Sapphire | 1BR,1BA | $1,295 |
| Brea Wendell Falls | A1A | 1BR,1BA | $1,306 |
Best Value Apartments for Rent in Stonewater, NC
As of March 13, 2026 the best value apartment in the Stonewater area is the $1.64 price per square foot The Sapphire Model at Village Gate Apartments at Knightdale in the in the East Raleigh neighborhood starting from $1,295. The second greatest value Stonewater apartment is the A1A Model at Elevate Riverview starting at $1,275 with a $1.75 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Stonewater apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Village Gate Apartments at Knightdale | The Sapphire | 1BR,1BA | $1.64 |
| Elevate Riverview | A1A | 1BR,1BA | $1.75 |
| Brea Wendell Falls | A1B | 1BR,1BA | $2.01 |
Frequently Asked Questions about Cheap Stonewater Apartments
How much is rent for a Cheap One Bedroom Stonewater Apartment?
The lowest price for a Cheap One Bedroom Stonewater Apartment is $1,265 at Elevate Riverview.
What is the lowest price for a Cheap Two Bedroom Stonewater Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Stonewater is starting from $1,545 at Elevate Riverview.
What is the most affordable Stonewater Three Bedroom Apartment?
The best deal on a cheap Stonewater Three Bedroom Apartment rental is at Village Gate Apartments at Knightdale and starts from $2,040.
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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.