Cheap Apartments for Rent in Wake County, NC from $400 (625 Rentals)

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Search the lowest-cost Apartments available for rent right now in Wake County.

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2002 Technology Woods Dr
$620
Total Monthly Price

Total Monthly Price

Base Rent
$620
Total Monthly Price
$620
1 to 4 Bedroom Apartment Available Now

2002 Technology Woods Dr

2002 Technology Woods DrRaleigh, NC 27603
Cost Per Sq.Ft.

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Sailboat Bay
$908 - $1,338
Total Monthly Price

Total Monthly Price

Base Rent
$908 - $1,338
Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sailboat Bay

3221 Lynn Ridge RdRaleigh, NC 27613
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Skyhouse Raleigh
Rent Specials
$944 - $2,674
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $2,674
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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Showing Results 1-50, Page 1 of 13

Cheapest Available Wake County Apartments for Rent

 

The cheapest available apartment rental in Wake County, NC is a 1 Bed unit found at The Terrace at Rock Quarry in the East Raleigh neighborhood priced from $664. Olde School Commons in the Sandlin Branch neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $709. Here is today’s list of the most affordable Wake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Terrace at Rock QuarryOne bedroom 30%1BR,1BA$664
Olde School CommonsOSC 1/11BR,1BA$709
Stanhope2x2 Shared2BR,2BA$845
Village of PickwickThe CottageStudio,1BA$885
Lexington on the GreenA11BR,1BA$908
Oak City ApartmentsOne Bedroom1BR,1BA$910
Westgrove Tower CondominiumsS1Studio,1BA$915
Tree TopCedarStudio,1BA$918
Vivo Living North WoodsSTA - Studio AStudio,1BA$929
Anson at North HillsA11BR,1BA$932

Best Value Apartments for Rent in Wake County, NC

As of June 01, 2026 the best value apartment in the Wake County area is the $0.48 price per square foot 4x4.5 Model at Redfield Villages in the in the Grove Park neighborhood starting from $899. The second greatest value Wake County apartment is the 4BD/4BA Model at Village Green Student Housing starting at $839 with a $0.57 price per square foot in the University Suites neighborhood. Here is today’s list of the best values for Wake County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Redfield Villages4x4.54BR,4.5BA$0.48
Village Green Student Housing4BD/4BA4BR,4BA$0.57
Redpoint Raleigh3 Bedroom, 3 BathTownhome3BR,3BA$0.71
Method Townhomes3BD / 3.5BA Townhome3BR,3.5BA$0.50
Tryon Flats – Modern Student Living Near NC StateA24BR,4BA$0.67
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.49
Centennial Ridge Student Housing3x33BR,3BA$0.59
Centennial Village Student Housing3x33BR,3BA$0.59
1820 at Centennial3x33BR,3BA$0.61
Olde School CommonsOSC 1/11BR,1BA$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 $932.

What is the price of a cheap apartment in Wake County?

The cheapest apartment in Wake County is The Terrace at Rock Quarry which is listed at $664, while the average apartment in Wake County costs $2,680.

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 242 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 $407 which is $2,273 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

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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.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.