Cheap Apartments for Rent in the Warehouse District Raleigh, NC from $500 (42 Rentals)

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

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Skyhouse Raleigh
Rent Specials
$914 - $2,675
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Total Monthly Price

Base Rent
$914 - $2,675

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Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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Wedgwood Apartments
Rent Specials
$1,095 - $1,819
Total Monthly Price

Total Monthly Price

Base Rent
$1,095 - $1,819

Total Monthly Price
$1,095 - $1,819
Studio to 3 Bedroom Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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The Lincoln
Rent Specials
$1,149 - $2,423
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Base Rent
$1,149 - $2,423

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Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
Corporate Housing
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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.

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Elan City Center
Rent Specials
$1,237 - $3,368
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$1,237 - $3,368

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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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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.

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511 Faye
Rent Specials
$1,277 - $8,716
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$1,277 - $8,716

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Studio to 2 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
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The Point
$1,306 - $3,364
Total Monthly Price

Total Monthly Price

Base Rent
$1,306 - $3,364

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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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.

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Allora Southview
Rent Specials
$1,355 - $2,235
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$1,355 - $2,235

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Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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Cortland Glenwood South
Rent Specials
$1,377 - $10,682
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Total Monthly Price

Base Rent
$1,377 - $10,682

Total Monthly Price
$1,377 - $10,682
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
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The Gramercy
Rent Specials
$1,395 - $2,565
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$1,395 - $2,565

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Varies
Studio to 2 Bedroom Apartments Available Jun 14

The Gramercy

650 W North StRaleigh, NC 27603
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The Miles
Rent Specials
$1,397 - $6,211
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $6,211

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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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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The Signal
Rent Specials
$1,400 - $5,088
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $5,088

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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Allora Pines
Rent Specials
$1,410 - $1,974
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Base Rent
$1,410 - $1,974

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Varies
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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The Dillon
Rent Specials
$1,419 - $3,804
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $3,804

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Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Alexan Moto
Rent Specials
$1,479 - $2,969
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Total Monthly Price

Base Rent
$1,479 - $2,969

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Varies
Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
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Mira
Rent Specials
$1,482 - $3,311
Total Monthly Price

Total Monthly Price

Base Rent
$1,482 - $3,311

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Eco-Friendly
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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400H
$1,496 - $4,345
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Total Monthly Price

Base Rent
$1,496 - $4,345

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Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
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Warehouse District, Raleigh, NC Local Guide

Cheapest Available Warehouse District Apartments for Rent

 

The cheapest available apartment rental in the Warehouse District area of Raleigh, NC is a 2 Beds unit found at Stanhope priced from $845. Wedgwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,095. Here are the most affordable Warehouse District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Stanhope2x2 Shared2BR,2BA$845
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$1,095
Brookside Apartments1x1 Classic1BR,1BA$1,125
The LincolnThe Hub StudioStudio,1BA$1,149
The L ApartmentsGettyStudio,1BA$1,250
Forge at Raleigh Iron WorksS1 - StudioStudio,1BA$1,258
The RowBirch ArbourStudio,1BA$1,274
511 FayeStudio-S-13Studio,1BA$1,277
Elan City CenterA2Studio,1BA$1,298
Trails Corner ApartmentsTC 3x13BR,1BA$1,299

Best Value Apartments for Rent in Warehouse District, NC

As of June 10, 2026 the best value apartment in the Warehouse District area is the $0.99 price per square foot 3x3 Model at Stanhope in the in the Grove Park neighborhood starting from $1,295. The second greatest value Warehouse District apartment is the 3x3 Model at Centennial Ridge 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 Warehouse District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Stanhope3x33BR,3BA$0.99
Centennial Ridge Student Housing3x33BR,3BA$0.49
Trails Corner ApartmentsTC 3x13BR,1BA$1.08
Allora SouthviewB22BR,2BA$1.65
Wynsum Townhomes2x1.5 Upgraded Townhome-Call For Availability2BR,1.5BA$1.48
The Greens at TryonA1 Platinum1BR,1BA$1.65
Allora PinesA11BR,1BA$1.88
Brookside Apartments1x1 Partial Upgrade1BR,1BA$1.51
Oberlin Court ApartmentsB21BR,1BA$1.96
The LincolnThe Hub StudioStudio ,1BA$2.08

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.

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Real 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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Quick 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.

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Pet Friendly Lifestyle
Warehouse District, Raleigh, NC

Ranked #14

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Cheap Warehouse District Apartments

What is a cheap apartment in Warehouse District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warehouse District is under $1,299.

What is the price of a cheap apartment in Warehouse District?

The cheapest apartment in Warehouse District is Brookside Apartments which is listed at $1,125, while the average apartment in Warehouse District costs $2,539.

What types of apartments are the cheapest in Warehouse District?

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 9 regular apartments in Warehouse District 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 Warehouse District?

Cheap apartments in Warehouse District have an average cost of $521 which is $2,018 cheaper than the average rent for all rentals in Warehouse District.

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

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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.

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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.

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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.

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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

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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.

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.