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Cheap Apartments for Rent in Raleigh, NC

15,887 Rentals
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  2. Building Photo - 1411 Collegiate Cir
    1 BED, 1 BATH
    $500
    Total Monthly Price Total Monthly Price New
    Base Rent$500
    Required Monthly FeesNone
    Total Monthly Price$500

    1411 Collegiate Cir Unit 102

    1411 Collegiate Cir, Raleigh, NC 27606
    Apply
  16. Building Photo - 2011 Wolfmill Dr
    4 BEDS, 4 BATHS
    $620
    Total Monthly Price Total Monthly Price New
    Base Rent$620
    Required Monthly FeesNone
    Total Monthly Price$620

    2011 Wolfmill Dr Unit 2011

    2011 Wolfmill Dr, Raleigh, NC 27603
  17. Building Photo - 2002 Technology Woods Dr
    4 BEDS, 1 BATH
    $620
    Total Monthly Price Total Monthly Price New
    Base Rent$620
    Required Monthly FeesNone
    Total Monthly Price$620

    2002 Technology Woods Dr

    2002 Technology Woods Dr, Raleigh, NC 27603
  23. Building Photo - 1500 Graduate Ln
    4 BEDS, 4 BATHS
    $625
    Total Monthly Price Total Monthly Price New
    Base Rent$625
    Required Monthly FeesNone
    Total Monthly Price$625

    1500 Graduate Ln Unit 1500

    1500 Graduate Ln, Raleigh, NC 27606
  24. Building Photo - 1911 Wolftech Ln
    1 BED, 1 BATH
    $625
    Total Monthly Price Total Monthly Price New
    Base Rent$625
    Required Monthly FeesNone
    Total Monthly Price$625

    1911 Wolftech Ln Unit 104

    1911 Wolftech Ln, Raleigh, NC 27603
  26. Building Photo - 1221 University Ct
    1 BED, 1 BATH
    $639
    Total Monthly Price Total Monthly Price New
    Base Rent$639
    Required Monthly FeesNone
    Total Monthly Price$639

    1221 University Ct Unit 202A

    1221 University Ct, Raleigh, NC 27606
    Apply
  34. Building Photo - 16 Red Ln
    1 BED, 1 BATH
    $650

    16 Red Ln

    16 Red Ln, Raleigh, NC 27606
  41. Building Photo - 12 Red Ln
    1 BED, 1 BATH
    $675

    12 Red Ln

    12 Red Ln, Raleigh, NC 27606
Showing 42 of 750 results, Page 1 of 18

Raleigh at a Glance

Average Rent

$1,384
(All bedrooms and property types)
Learn more about
Average Rent in Raleigh
9

School Rating

out of 10 Rating
Learn more about
Schools in Raleigh

Raleigh, NC Cheap Apartments for Rent

When looking for cheap apartments in Raleigh, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Raleigh.

Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.

Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 750 cheap apartments available in Raleigh Apartment Finder is the place to find your next rental.

Renting in Raleigh

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Raleigh

(For 1 bedroom apartments)

Education

GreatSchools Rating
Raleigh Charter High School

Public High School

Public
Grades 9-12
564 Students
GreatSchools Rating
Wake Early Coll Heal

Public High School

Public
Grades 9-12
336 Students
GreatSchools Rating
Leesville Road High

Public High School

Public
Grades 9-12
2,613 Students
GreatSchools Rating
Carnage Middle

Public Middle School

Public
Grades 6-8
844 Students
GreatSchools Rating
Leesville Road Middle

Public Middle School

Public
Grades 6-8
791 Students
GreatSchools Rating
Pine Hollow Middle

Public Middle School

Public
Grades 6-8
850 Students
GreatSchools Rating
Underwood Elementary

Public Elementary School

Public
Grades K-5
381 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Raleigh Apartments for Rent in Your Budget

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