
Cheap Apartments for Rent in Wake County, NC from $400 (603 Rentals)
Search the lowest-cost Apartments available for rent right now in Wake County.


900 Newcombe Rd

413 Solar Dr

5600 Brandycrest Dr

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Lynnwood Park

Overlooke at Simms Creek Apartments

3710 Pardue Woods Pl

1230 University Ct

Lewis Place

Arbor Creek
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.

Pine Hills Apartments 55+

The Timbers

1402 Gorman St

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The Harrison Apartments

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Vivo Living North Woods

Bridges at North Hills

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Duraleigh Woods

Lexington on the Green

The Grove

Westgrove Tower Condominiums
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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Cary Greens At Preston

Ashborough Apartments

The District

Legacy 2000

Pullen Station Lofts

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Amberton at Stonewater

324 W Jones St

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Village at Town Center

Lake Lynn Reserve Apartments

Central on the Green Apartment Homes
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Fox Haven Apartments

The Parke at Trinity Apartment Homes

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Skyhouse Raleigh

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Village of Pickwick

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Autumn Ridge

1902 New Bern Ave

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Six Forks Station Apartments

LYV Six Forks

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Sailboat Bay

The Lodge at Crossroads
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Trailwood Crossing Apartments

Woodlake Downs

Wedgwood Apartments

The Trails of North Hills

Woodlyn on the Green Apartment Homes

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The Gregory North and South Apartment Homes

Pine Knoll Apartments

Walnut Ridge

Quail Ridge Apartments

Greenway Flats Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Wake County, NC Local Guide

How much does it cost to rent an apartment in Wake County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wake County Studio Apartments | $1,581 | $899 | $3,505 |
| Wake County 1 Bedroom Apartments | $1,543 | $636 | $6,417 |
| Wake County 2 Bedroom Apartments | $1,890 | $845 | $8,071 |
| Wake County 3 Bedroom Apartments | $2,089 | $719 | $8,810 |
| Wake County 4 Bedroom Apartments | $1,713 | $785 | $9,873 |
| Wake County 5 Bedroom Apartments | $1,532 | $949 | $2,753 |
Browse Apartments in Wake County
See all Apartments in WakeExplore Wake County
Cheapest Available Wake County Apartments for Rent
 The cheapest available apartment rental in Wake County, NC is a 1 Bed unit found at Lynnwood Park in the Lakemont neighborhood priced from $818. Stanhope in the Grove Park neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here is today’s list of the most affordable Wake County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Lynnwood Park | The Alexander | 1BR,1BA | $818 |
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $850 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| The Timbers | A1 One Bed One Bath | 1BR,1BA | $890 |
| The Harrison Apartments | Furnished Studio A with Private Balcony | Studio,1BA | $896 |
| Maxwell Raleigh | Chelsea- Premium | 3BR,3BA | $899 |
| Bridges at North Hills | Studio | Studio,1BA | $900 |
| Duraleigh Woods | Amberton 1x1 | 1BR,1BA | $902 |
| Lexington on the Green | A1 | 1BR,1BA | $909 |
Best Value Apartments for Rent in Wake County, NC
As of March 03, 2026 the best value apartment in the Wake County area is the $0.56 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $815. The second greatest value Wake County apartment is the 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh starting at $995 with a $0.71 price per square foot in the Roylene Acres neighborhood. Here is today’s list of the best values for Wake County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
| Redpoint Raleigh | 3 Bedroom, 3 BathTownhome | 3BR,3BA | $0.71 |
| Welcome to our luxurious apartment community near NC State University in Raleigh, NC! | A2 | 4BR,4BA | $0.67 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.59 |
| 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 |
| Village Green Student Housing | 2BD/2BA | 2BR,2BA | $1.02 |
| Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
Frequently Asked Questions about Cheap Wake County Apartments
What is a cheap apartment in Wake County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Wake County is under $909.
What is the price of a cheap apartment in Wake County?
The cheapest apartment in Wake County is Lynnwood Park which is listed at $818, while the average apartment in Wake County costs $1,914.
What types of apartments are the cheapest in Wake 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 512 regular apartments in Wake 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 Wake County?
Cheap apartments in Wake County have an average cost of $441 which is $1,473 cheaper than the average rent for all rentals in Wake 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

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.