
Cheap Apartments for Rent near Wake, VA from $800 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Wake.


Yorktown Square

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The Flats of Williamsburg

Arbors at Williamsburg

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Burnt Ordinary

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2 Rivers Apartment Homes

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Olde Jamestowne Apartments

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Woods of Williamsburg

Arbors at Towne Park
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.

Chelsea at Lee Hall

Yorkview Apartments

Grande Oak - A 55+ community!

Stratford at Williamsburg

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Colonial Point Apartments

District at Williamsburg

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Quarterpath Place

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Rolling Meadows Apartments - Tax Credit

The James On Merrimac
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.

Lee's Landing

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Longhill Grove

Merrimac Crossing Apartment Homes

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Parkway Apartments

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Colonial Pines

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Country Club Apartments

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Manor on the Green

Conway Garden Apartments

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Spotswood Commons Apartments
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.

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Attain at Quarterpath

The Whitworth

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The Pointe At New Town

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Founders Village

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The Apartments at Kelton Station

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Montage at Marquis Hills

Sterling Manor

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High Street View Luxury Apartments

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The Regency at Longhill
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.

The Residences at Cedar Hill

Burnt Ordinary Village

103 Kathy Dr

310 Patriot Ln

310M Patriot Ln

7746 Colonial Point Ln

7732 Colonial Point Ln

Colonial Towne Apartments

The Bend Arbordale
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

5414 Horan Ct

120 Kelly St
Wake, VA Local Guide

How much does it cost to rent an apartment in Wake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Wake Studio Apartments | $1,022 | $900 | $1,375 |
| Wake 1 Bedroom Apartments | $1,715 | $815 | $3,783 |
| Wake 2 Bedroom Apartments | $1,935 | $825 | $5,251 |
| Wake 3 Bedroom Apartments | $2,197 | $860 | $6,637 |
| Wake 4 Bedroom Apartments | $1,203 | $1,190 | $1,235 |
Browse Top Apartments in Wake
See all Apartments in WakeExplore Wake
Wake, VA Local Guide
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Cheapest Available Wake Apartments for Rent and Nearby
 The cheapest available apartment rental in Wake, VA is a Studio unit found at The Flats of Williamsburg in the Stonegate neighborhood priced from $900. Lafayette Village Family Apartments in the Regency at Longhill neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $938. Here is today’s list of the most affordable Wake apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Flats of Williamsburg | Studio I | Studio,1BA | $900 |
| Lafayette Village Family Apartments | Two Bed 1 Bath | 2BR,1BA | $938 |
| Burnt Ordinary | One Bedroom | 1BR,1BA | $1,012 |
| 2 Rivers Apartment Homes | Harborfront | 1BR,1BA | $1,117 |
| Olde Jamestowne Apartments | One Bedroom | 1BR,1BA | $1,125 |
| Current Midtown | 4BR/4BA - D12 | 4BR,4BA | $1,235 |
| Grande Oak - A 55+ community! | Two Bedroom | 2BR,1BA | $1,303 |
| Stratford at Williamsburg | Monticello | 2BR,1BA | $1,320 |
| Quarterpath Place | 2 bed 2 bath | 2BR,2BA | $1,350 |
| Rolling Meadows Apartments - Tax Credit | 2 Bed 2 Bath | 2BR,2BA | $1,356 |
Best Value Apartments for Rent in Wake, VA and Nearby
As of July 15, 2026 the best value apartment in the Wake area is the $1.61 price per square foot 3BREN Model at Yorktown Arch in the in the Denbrook neighborhood starting from $2,350. The second greatest value Wake apartment is the Red Maple Model at The Bend Arbordale starting at $1,835 with a $1.63 price per square foot in the Regency at Longhill neighborhood. Here is today’s list of the best values for Wake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Yorktown Arch | 3BREN | 3BR,2.5BA | $1.61 |
| The Bend Arbordale | Red Maple | 2BR,2BA | $1.63 |
| Woods of Williamsburg | Southern Magnolia | 3BR,1.5BA | $1.44 |
| Rolling Meadows Apartments - Tax Credit | 2 Bed 2 Bath | 2BR,2BA | $1.36 |
| Grande Oak - A 55+ community! | Two Bedroom | 2BR,1.5BA | $1.37 |
| Chelsea at Lee Hall | The Sheffield | 2BR,1BA | $1.52 |
| Current Midtown | 2BR/2BA - B2 | 2BR,2BA | $1.58 |
| Lafayette Village Family Apartments | Two Bed 1 Bath | 2BR,1BA | $1.21 |
| Olde Jamestowne Apartments | One Bedroom | 1BR,1BA | $1.53 |
| Burnt Ordinary | One Bedroom | 1BR,1BA | $1.58 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Wake, VA Rentals by Map
See the most popular apartments and homes in Wake, VA
Frequently Asked Questions about Cheap Wake Apartments
What is the Cheapest Studio apartment in Wake?
Currently the most affordable Cheap Studio Apartment in Wake is at The Flats of Williamsburg listed at $900.
How much is rent for a Cheap One Bedroom Wake Apartment?
The lowest price for a Cheap One Bedroom Wake Apartment is $1,012 at Burnt Ordinary.
What is the lowest price for a Cheap Two Bedroom Wake Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Wake is starting from $938 at Lafayette Village Family Apartments.
What is the most affordable Wake Three Bedroom Apartment?
The best deal on a cheap Wake Three Bedroom Apartment rental is at Current Midtown and starts from $1,385.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.