Careers
Favorites
Advertise With Us
Log In

Apartments Under $700 in Raleigh, NC

Map
1 - 30 of 81 Results
12
$599 - 694
PER
ROOM
Campus Crossings- Raleigh
Deal
5.0
3101 Compatible Way Raleigh, NC
3 - 4 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
12
$668
Seeking roommates for shared home
Deal
3564 Aldie Ct Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
15
$645
Seeking roommates for shared home
Deal
3011 Barrymore St Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$675
Seeking roommates for shared home
Deal
4519 Edwards Mill RD Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
9
$695
Seeking roommates for shared home
Deal
1208 #102 Haybrook Dr Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
24
$696
Seeking roommates for shared home
Deal
3243 Warm Springs Ln Raleigh, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
16
$629
PER
ROOM
Centennial Ridge Student Housing
Deal
3.6
2450 Centennial Ridge Way Raleigh, NC
3 BR | Available Now
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
9
$699
Seeking roommates for shared home
Deal
2412 Kudrow Ln Morrisville, NC
1 BR | Ask for Availability
Heat Included
Air Conditioning
Covered Parking
Dishwasher
33
$650 - 680
PER
ROOM
The Wilde
Deal
3.4
3333 Melrose Club Blvd Raleigh, NC
4 BR | Available Now
Dog Friendly
Cat Friendly
Student
Dishwasher
3
$650
Seeking roommates for shared home
Deal
1430 #301 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
17
$595
Seeking roommates for shared home
Deal
3 Reed Ct Durham, NC
1 BR | Ask for Availability
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
12
$559 - 675
PER
ROOM
Cadence at RTP
Deal
1400 East Cornwallis Road Durham, NC
2 - 3 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Air Conditioning
50
$490
Seeking roommates for shared home
Deal
90 N Great White Way Clayton, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
10
$657
Seeking roommates for shared home
Deal
1122 Apogee Dr Durham, NC
1 BR | Available Now
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
14
$665
Seeking roommates for shared home
Deal
517 Crackling Ct Zebulon, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
9
$610
Seeking roommates for shared home
Deal
902 #b S Alston Ave Durham, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
10
$605 - 660
Seeking roommates for shared home
Deal
145 Hanover Ct Clayton, NC
1 BR | Ask for Availability
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
12
$640
Seeking roommates for shared home
Deal
3301 Genlee Dr Durham, NC
1 BR | Ask for Availability
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
32
$689 - 694
PER
ROOM
Village Green Student Housing
Deal
4.2
2000 Village Bluff Pl. Raleigh, NC
3 - 4 BR | Available Now
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
7
$ Ask - 1,340
Arbor Crest Apartments
5825 Pointer Drive Raleigh, NC
1 BR | Available Now
Balcony, Deck, Patio
Dishwasher
Pool
30
$ Ask - 1,150
The Gregory North & South Apartments
100 Northwoods Village Drive Cary, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Air Conditioning
In Unit Laundry
Balcony, Deck, Patio
15
$649
PER
ROOM
Centennial Village Student Housing
Deal
2.0
2450 Centennial Ridge Way Raleigh, NC
3 BR | Available Now
Dog Friendly
Cat Friendly
Student
In Unit Laundry
Fitness Center
5
$500
PER
ROOM
University Woods
3730 Pardue Woods Pl Raleigh, NC
1 BR | Available Now
Surface Parking
Balcony, Deck, Patio
Disability Access
Dishwasher
9
$500
PER
ROOM
1420 Collegiate Cir
Raleigh, NC
1 BR | Available Now
Surface Parking
Balcony, Deck, Patio
Disability Access
Dishwasher
Pool
30
$ Ask - 1,692
Evolve At Timber Creek
400 Evolve Drive Garner, NC
1 BR | Available Now
Dog Friendly
Cat Friendly
Student
Section 8
Air Conditioning
14
$ Ask - 1,460
Dartmouth North Hills Apartments
104 Dartmouth Rd. Raleigh, NC
Studio | Dec. 17, 2022
Dog Friendly
Cat Friendly
Air Conditioning
Balcony, Deck, Patio
Fitness Center
8
$500
PER
ROOM
1911 Wolftech Ln
Raleigh, NC
1 BR | Available Now
Balcony, Deck, Patio
Disability Access
Dishwasher
9
$500
PER
ROOM
2130 Wolftech Ln
Raleigh, NC
1 BR | Available Now
Air Conditioning
Surface Parking
Balcony, Deck, Patio
Disability Access
Dishwasher
19
$500
1341 Crab Orchard Dr
Raleigh, NC
1 BR | Available Now
Air Conditioning
Balcony, Deck, Patio
Disability Access
Dishwasher
Pool
15
$500
PER
ROOM
1241 University Ct
Raleigh, NC
4 BR | Available Now
Air Conditioning
Balcony, Deck, Patio
Disability Access
Dishwasher
Pool
1 - 30 of 81 Results
  1. Home
  2. Raleigh
  3. Apartments Under $700

How much does it cost to rent an apartment in Raleigh?

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,630 $840 - $1,830
1BR $1,080 $780 - $2,140
2BR $1,530 $1,070 - $2,520
3BR $1,850 $1,270 - $2,400
4+BR $2,160 $1,220 - $3,200
Frequently Asked Questions

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

Rentable.co has over 28,217 apartments available in Raleigh.

What is the average rent for a studio apartment in Raleigh, NC?

The average rent for a studio apartment in Raleigh is around $1,630 per month.

What is the average rent for a one-bedroom apartment in Raleigh, NC?

The average rent for a one-bedroom apartment in Raleigh is around $1,080 per month.

What is the average rent for a two-bedroom apartment in Raleigh, NC?

The average rent for a two-bedroom apartment in Raleigh is around $1,530 per month.

How expensive is living in Raleigh, NC?

Based on average rent prices in Raleigh, to afford a studio apartment you would need an annual salary of $65,000 to live comfortably.

How many apartments under $700 are available in Raleigh, NC on Rentable.co?

Rentable.co has 81 apartments under $700 available for rent in Raleigh.

Which neighborhoods have the most apartments under $700 for rent in Raleigh, NC?

  1. Gorman
  2. Maybrook
  3. Park at Perry Creek
  4. Caraleigh
  5. Willow Bluffs

Asset 2
Apartments by Bedrooms
Studio Apartments
1 Bedroom Apartments
2 Bedroom Apartments
3 Bedroom Apartments
4 Bedroom Apartments
Apartments by Affordability
Cheap Apartments
Apartments Under $500
Apartments Under $600
Apartments Under $700
Apartments Under $800
Apartments Under $900
Apartments Under $1,000
Apartments Under $1,200
Apartments with Amenities
Apartments With Utilities Included
Furnished Apartments
Pet Friendly Apartments
Virtual Tour Apartments
Apartments with Move In Specials
Apartments by Type
Student Apartments
Houses For Rent
Luxury Apartments
Townhomes For Rent
Condos For Rent

Raleigh:
November Rent Report

Welcome to the November 2022 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the November 2022 key findings and figures for the Raleigh rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Raleigh and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Raleigh average rent prices in the chart below.

Monthly Rent Report

Raleigh Rent Prices Decrease From October to November

Raleigh rent prices decreased over the last month. From October to November, the city experienced a 0.0% decrease for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,015.0.

When we take a look at the two-bedroom comparison from October to November, Raleigh experienced a 3.1% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,694.0.

November Prices: Raleigh vs. Surrounding Areas

Rent Prices in Raleigh and Surrounding Areas

Rent prices have decreased in Raleigh over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 5 of the Raleigh suburbs increased last month. On the other hand, 1 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Cary, NC, Morrisville, NC, Apex, NC, Garner, NC, Wake Forest, NC .

  • Rent decreased in Clayton, NC.

  • 6 suburbs are currently priced higher than the city of Raleigh.

November 2022 Pricing Trends: Raleigh vs. National Comparisons

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Raleigh average rent prices appear to be relatively affordable for local residents.

The price for a Raleigh one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

You can view the full rundown of Rentable's November 2022 National Apartment Report and data set here.

For more information about Raleigh and surrounding area rent prices, take a look at the complete data set below.

Data set for Raleigh and suburbs

1 BR November 1 BR M/M % Change 2 BR November 2 BR M/M % Change
Raleigh, NC $1,015.0 0.00% $1,643.0 4.85%
Cary, NC $1,389.0 6.27% $1,738.0 5.46%
Morrisville, NC $1,363.0 9.04% $1,707.0 1.79%
Apex, NC $1,455.0 1.39% $1,789.0 4.25%
Clayton, NC $1,334.0 -5.66% $1,605.0 0.38%
Garner, NC $1,435.0 3.09% $1,695.0 3.86%
Wake Forest, NC $1,833.0 4.27% $2,206.0 6.98%

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.