Cheap Homes for Rent in Wake County, NC from $500 (215 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article

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.

Read Article
Showing Results 1-50, Page 1 of 5

Cheapest Available Wake County Apartments for Rent

 

The cheapest available apartment rental in Wake County, NC is a 3 Beds unit found at Campus West at Tryon in the University Suites neighborhood priced from $819. Stone Glen in the Bradley Terrace neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $820. Here is today’s list of the most affordable Wake County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Campus West at Tryon3X33BR,3BA$819
Stone Glen2 Bed 1 Bath2BR,1BA$820
Vivo Living North WoodsSTA - Studio AStudio,1BA$859
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$859
LYV Six ForksA2 - The Birch1BR,1BA$860
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
The Harrison ApartmentsStudio A with Private BalconyStudio,1BA$896

Best Value Apartments for Rent in Wake County, NC

As of November 20, 2025 the best value apartment in the Wake County area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value Wake County apartment is the 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh starting at $949 with a $0.68 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1115 Marshall StEntire Home4BR,3.5BA$0.91
Redpoint Raleigh3 Bedroom, 3 BathTownhome3BR,3BA$0.68
Welcome to our luxurious apartment communityA24BR,4BA$0.55
3770 Pardue Woods Pl, Unit 3013770 Pardue Woods Pl3BR,3BA$0.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.54
Centennial Ridge Student Housing3x33BR,3BA$0.54
1820 at Centennial3x33BR,3BA$0.79
Campus West at Tryon3X33BR,3BA$0.78
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89

Frequently Asked Questions about Wake County

What type of rentals are currently available in Wake County?

There are currently 1624 Apartments for Rent in Wake County, NC with pricing that ranges from $625 to $8,389. There are also 1654 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake County ranging from $529 to $7,995.

What is the current price range for Rental Homes in Wake County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Wake County ranges from $529 to $7,995 with an average monthly rent of $2,839.

How much are larger Three and Four Bedroom Rentals in Wake County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Wake County range from $625 to $8,389, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $4,500. Four Bedroom Single-Family rentals are also available starting from $675 and Four Bedroom Apartments start at $780.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.