
Cheap Homes for Rent in Walnut Creek Neighborhood of Raleigh, NC from $500 (15 Rentals)
Search the lowest-cost Homes available for rent right now in the Walnut Creek area of Raleigh.


Room in Duplex on Bragg St

314 Martin Luther King Jr Blvd

314 Martin Luther King Jr Blvd

708 Coleman St
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.

1007 Tipton St

1007 Tipton St

820 1/2 Coleman St

820 Coleman St

820 Coleman St
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.

1106 Garner Rd, Unit D

Room in Townhome on Gregg St

912 S Bloodworth St

3033 Poole Rd

411 Rose Ln
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.
Walnut Creek, Raleigh, NC Local Guide

How much does it cost to rent a home in Walnut Creek?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Creek 2 Bedroom Homes for Rent | $1,760 | $1,300 | $1,995 |
| Walnut Creek 3 Bedroom Homes for Rent | $2,030 | $1,400 | $4,245 |
| Walnut Creek 4 Bedroom Homes for Rent | $2,271 | $1,675 | $3,095 |
Browse Homes for Rent in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Walnut Creek Neighborhood of Raleigh, NC.
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Walnut Creek, Raleigh, NC Local Guide
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Cheapest Available Walnut Creek Apartments for Rent
 The cheapest available apartment rental in the Walnut Creek area of Raleigh, NC is a 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. Greenway Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable Walnut Creek apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Walnut Ridge | Two Bedroom | 2BR,2BA | $1,095 |
| Walnut Woods Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,098 |
| Sunnybrook Residences | Design 1A | 1BR,1BA | $1,170 |
Best Value Apartments for Rent in Walnut Creek, NC
As of March 22, 2026 the best value apartment in the Walnut Creek area is the $1.49 price per square foot 3x2.5 Upgraded Townhome-Call For Availability Model at Wynsum Townhomes in the in the East Raleigh neighborhood starting from $1,850. The second greatest value Walnut Creek apartment is the Three Bedroom Model at Walnut Ridge starting at $1,547 with a $1.33 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Walnut Creek apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wynsum Townhomes | 3x2.5 Upgraded Townhome-Call For Availability | 3BR,2.5BA | $1.49 |
| Walnut Ridge | Three Bedroom | 3BR,2BA | $1.33 |
| Walnut Woods Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.24 |
| South Ridge | 3 Bed 1 Bath | 3BR,1BA | $1.65 |
| East Haven Apartments | 2 bed 1 bath | 2BR,1BA | $1.67 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $1.55 |
| Sunnybrook Residences | Design EA | Studio ,1BA | $2.18 |
| Greenway Flats Apartments | Studio | Studio ,1BA | $2.46 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleTop 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 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.
Best Local Schools in Walnut Creek, Raleigh, NC
School data provided by Great Schools
Frequently Asked Questions about Walnut Creek
What type of rentals are currently available in Walnut Creek?
There are currently 80 Apartments for Rent in Walnut Creek, NC with pricing that ranges from $720 to $2,400. There are also 59 Single Family Homes for rent, Condos, and Townhome rentals currently available in Walnut Creek ranging from $500 to $4,245.
What is the current price range for Rental Homes in Walnut Creek?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Walnut Creek ranges from $500 to $4,245 with an average monthly rent of $1,549.
How much are larger Three and Four Bedroom Rentals in Walnut Creek?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Walnut Creek range from $1,318 to $2,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,245. Four Bedroom Single-Family rentals are also available starting from $1,675 and Four Bedroom Apartments start at $1,780.
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.