
Cheap Homes for Rent in Wake County, NC from $400 (148 Rentals)
Search the lowest-cost Homes available for rent right now in Wake County.


1411 Collegiate Cir, Unit 102

Room in Townhome on Warm Springs Ln

Room in House on Turning Lake Drive

1440 Collegiate Cir

Room in Condo on University Ct

Room in House on Windy Creek Ln

2021 Wolf Tech Ln

Room in Townhome on Maypearl Ln

Room in House on Pinedale Dr
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.

Room in House on Abby Knoll Dr

3020 Centennial Woods Dr, Unit 103

2002 Technology Woods Dr

Room in House on Collaborative Wy

Room in Townhome on Falcon Rest Cir

1410 Collegiate Cir

Room in House on Justice Union Ct

Room in Townhome on Averette Hill Dr

Room in House on Okelly St

Room in Townhome on Plank Bridge Way
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.

3000 Centennial Woods Dr

Room in House on Renyard Ct

1911 Wolftech Ln, Unit 104

Room in Condo on Collegiate Cir

1430 Collegeview Ave

Room in House on Woods Ream Dr

Room in Townhome on Poplar Leaf Way

Room in House on Henslowe Dr

Room in House on Aintree Ave

Room in House on Glacis Ct
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.

Room in House on Kingsway Dr

1111 Consortium Dr

Room in House on Buckingham Rd

Room in House on Joyner Pl

Room in House on Golden Oak Ct

Room in Condo on Crab Orchard Dr

Room in Condo on Collegiate Cir

Room in Duplex on Lundy Dr

Room in House on Sandy Pines Dr

1140 Carlton Ave, Unit 102
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.

1140 Carlton Ave

Room in Townhome on Big Bass Dr

Room in Townhome on Southern Magnolia Dr

Room in House on Tawny View Ln

1511 Graduate Ln, Unit 103

Room in Townhome on Chattering Lory Ln

3605 Cold Harbour Dr

Room in Townhome on Poe Farm Ave

Room in Townhome on Terrawood Dr

Room in Townhome on Haywards Heath Ln
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 a home in Wake County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wake County 2 Bedroom Homes for Rent | $1,643 | $800 | $3,300 |
| Wake County 3 Bedroom Homes for Rent | $1,993 | $1,315 | $4,800 |
| Wake County 4 Bedroom Homes for Rent | $2,463 | $595 | $7,995 |
| Wake County 5 Bedroom Homes for Rent | $2,917 | $2,225 | $5,250 |
| Wake County 6 Bedroom Homes for Rent | $2,299 | $2,299 | $2,299 |
Browse Homes for Rent in Wake County
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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 $825. 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 | $825 |
| 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 |
| Maxwell Raleigh | Chelsea- Premium | 3BR,3BA | $899 |
| Bridges at North Hills | Studio | Studio,1BA | $900 |
| Lexington on the Green | A1 | 1BR,1BA | $909 |
| The Grove | A1 - The Mirlen | 1BR,1BA | $913 |
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
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 Wake County
What type of rentals are currently available in Wake County?
There are currently 1632 Apartments for Rent in Wake County, NC with pricing that ranges from $636 to $10,826. There are also 1311 Single Family Homes for rent, Condos, and Townhome rentals currently available in Wake County ranging from $475 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 $475 to $7,995 with an average monthly rent of $1,921.
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 $719 to $8,375, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,315 to $4,800. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $785.
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.