
Cheap Apartments for Rent in Rowan County, NC from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Rowan County.


Room in Duplex on W Horah St

Lakewood I and II Apartment Homes

Total Monthly Price
400 Boundary Es N St, Unit APT F

Total Monthly Price
901 S Jackson St, Unit 4
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Villas at Hope Crest

911-921 N Jackson St

East Winds Apartments

Wiley School Apartments

Hidden Cove
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.

501 E Franklin St
Rowan County, NC Local Guide

How much does it cost to rent an apartment in Rowan County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Rowan County Studio Apartments | $1,023 | $740 | $1,875 |
| Rowan County 1 Bedroom Apartments | $1,367 | $800 | $2,100 |
| Rowan County 2 Bedroom Apartments | $1,720 | $965 | $2,225 |
| Rowan County 3 Bedroom Apartments | $1,457 | $1,066 | $1,845 |
| Rowan County 4 Bedroom Apartments | $1,330 | $1,330 | $1,330 |
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Cheapest Available Rowan County Apartments for Rent
 The cheapest available apartment rental in Rowan County, NC is a Studio unit found at Lakewood I and II Apartment Homes in the Westwood neighborhood priced from $740. Villas On Lash in the Westwood neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Rowan County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lakewood I and II Apartment Homes | Studio | Studio,1BA | $740 |
| Villas On Lash | 1 Bedroom One Bath | 1BR,1BA | $950 |
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $950 |
| 530 Park Ave | 1-Bedroom | 1BR,1BA | $950 |
| Nu Salisbury | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1,041 |
Best Value Apartments for Rent in Rowan County, NC
As of July 19, 2026 the best value apartment in the Rowan County area is the $1.03 price per square foot 2A Model at Laurel Pointe in the in the Westwood neighborhood starting from $1,050. The second greatest value Rowan County apartment is the 2 Bedroom 1 Bathroom Model at Forest Village starting at $1,170 with a $1.25 price per square foot in the Davidson neighborhood. Here is today’s list of the best values for Rowan County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Pointe | 2A | 2BR,2BA | $1.03 |
| Forest Village | 2 Bedroom 1 Bathroom | 2BR,1BA | $1.25 |
| Alexander Station Apartment Homes | Two Bedroom 2 Bath-Alexander Station 900 sqft | 2BR,2BA | $1.48 |
| Nu Salisbury | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.16 |
| Nu Salisbury South | One Bedroom One Bath | 1BR,1BA | $1.29 |
| 400 Boundary Es N St, Unit APT F | 400 Boundary Es N St | 1BR,1BA | $0.94 |
| 300 Academy St, Unit 22 | 300 Academy St | 2BR,1BA | $1.27 |
| 530 Park Ave | 1-Bedroom | 1BR,1BA | $1.34 |
| 901 S Jackson St, Unit 4 | 901 S Jackson St | 1BR,1BA | $1.28 |
| 306 N Jackson Street | 1BR/1.0BA | 1BR,1BA | $1.36 |
Frequently Asked Questions about Cheap Rowan County Apartments
What is a cheap apartment in Rowan County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Rowan County is under $1,099.
What is the price of a cheap apartment in Rowan County?
The cheapest apartment in Rowan County is Lakewood I and II Apartment Homes which is listed at $825, while the average apartment in Rowan County costs $1,845.
What types of apartments are the cheapest in Rowan County?
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 Rowan County 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 Rowan County?
Cheap apartments in Rowan County have an average cost of $721 which is $1,124 cheaper than the average rent for all rentals in Rowan County.
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.