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Apartments Under $500 in Raleigh, NC

1 - 8 of 8 Results
32
$450
Seeking roommates for shared home
Deal
3812 Oak Park RD Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
8
$475
Seeking roommates for shared home
Deal
1440 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
13
$451
1501 Graduate Ln
Raleigh, NC
1 BR | Available Now
Contact
House
Gorman
5
$450
PER
ROOM
1911 Wolf Tech Lane
Raleigh, NC
4 BR | Available Now
Contact
Student
In Unit Laundry
Balcony/Deck/Patio
Dishwasher
25
$ Ask - 1,620
The Trails Of North Hills
1914 Generation Dr Unit G Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Air Conditioning
Balcony/Deck/Patio
Fitness Center
15
$ Ask - 1,665
Falls Creek Apartments & Townhomes
8800 Cattail Creek Place Raleigh, NC
2 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Luxury
Townhome
Air Conditioning
7
$ Ask - 1,340
Arbor Crest Apartments
5825 Pointer Drive Raleigh, NC
1 BR | Available Now
Contact
Balcony/Deck/Patio
Dishwasher
Pool
7
$400 - 425
PER
ROOM
University Woods
4.0
2000 University Woods Drive Raleigh, NC
3 - 4 BR | Available Now
Contact
Student
In Unit Laundry
Dishwasher
1 - 8 of 8 Results
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Frequently Asked Questions

How many apartments under $500 are available in Raleigh, NC on Rentable.co?

There are 8 apartments under $500 in Raleigh currently available for rent on Rentable.co.

How many studio apartments under $500 are available in Raleigh?

Rentable.co has 3 studio apartments under $500 available for rent in Raleigh.

How many one-bedroom apartments under $500 are available in Raleigh?

Rentable.co has 193 one-bedroom apartments under $500 available for rent in Raleigh.

How many two-bedroom apartments under $500 are available in Raleigh?

Rentable.co has 273 two-bedroom apartments under $500 available for rent in Raleigh.

Can I afford a apartment under $500 in Raleigh, NC?

To comfortably afford a apartment under $500 in Raleigh based on average rent prices, a household would need an annual income of $18,000.

Which neighborhoods have the most apartments under $500 for rent in Raleigh, NC?

  1. Cameron Park
  2. Colonial Heights
  3. Maybrook
  4. Bentley Woods
  5. Gorman

Apartments Under $500 in Raleigh, NC: April Rental Information

Welcome to the April 2024 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the April 2024 key findings and figures for the Raleigh rental landscape.

Our experts analyze the inventory trends for apartments under $500 — overall market rent-distribution, availability by bedroom count, and month-over-month comparisons — in Raleigh and surrounding areas. This summary also provides insight into available features and amenities, as well as location options for apartments under $500 in Raleigh.

Stay tuned for our comprehensive analysis of the Raleigh rental market, including a detailed breakdown of average rents and neighborhood-specific rent trends. Whether you're a renter searching for an affordable apartment or an investor exploring the rental market, the April 2024 Raleigh Apartment Report is a valuable resource to help you make informed decisions.
0 27 55 82 110 <$600 $640 $720 $800 $880 $960 $1,040 $1,120 $1,200 $1,280 $1,360 $1,440 $1,520 $1,600 $1,680 $1,760 $1,840 >$1,920
This month, the typical cost to rent a one-bedroom apartment in Raleigh stands at $1,100, with the majority falling between $640 and $1,910. Out of the 4,347 one-bedroom apartments currently on the market in Raleigh, 9 are priced below $500, accounting for 0% of the total available one-bedroom units in Raleigh.

Available Apartments Under $500: Raleigh vs. Surrounding Areas

Raleigh, NC
Cary, NC
23
6
In April 2024, there were a total of 37 apartments under $500 available in the Raleigh, NC metro area. This includes not only apartments within the city itself, but also in nearby cities such as Benson, Zebulon, Middlesex, Morrisville, Cary, Clayton, Coats, Rolesville, Fuquay-Varina, Garner, Holly Springs, Knightdale, Wake Forest, Angier, Apex, Wendell, Willow Spring, and Youngsville. Rentable's apartment search tool provides you with the most up-to-date information on available apartments in this price range, allowing you to easily find an affordable place to rent in Raleigh and its surrounding communities.

Apartments Under $500 Now vs. Last Month: Raleigh and Surrounding Areas

City Apartments Under $500 in April M/M % Change
Raleigh, NC 23 +1.02%
Cary, NC 7 +1.13%
Morrisville, NC 2 +0.5%
Garner, NC 2 +1.4%
Apex, NC 1 +0.33%
Zebulon, NC 1 +1.43%
Clayton, NC 1 0.0%
Holly Springs, NC 1 +1.0%
Wake Forest, NC 1 0.0%

Looking for Apartments Under $500 in Raleigh?

Available apartments under $500 583
Top amenities Fitness Center, Dishwasher, Pool, High Speed Internet, Clubhouse
Deals 10
Pet friendly 27
Utilities included 12
1 Bedroom 19
2 Bedroom 18
3 Bedroom 5
Square footage 130 - 1,311

Where are Raleigh Apartments Under $500?

Top Neighborhoods Cameron park, Colonial heights, Maybrook, Bentley woods, Gorman
Cameron Park 1
Colonial Heights 1
Maybrook 1
Bentley Woods 1
Gorman 1
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