Cheap Apartments in Raleigh, NC

1 of 61 Results
33
$825 - 895
PER
ROOM
The Wilde
Deal
3.4
3333 Melrose Club Blvd Raleigh, NC
2 - 4 BR | Aug. 17, 2023
Contact
Dog Friendly
Cat Friendly
Student
Dishwasher
16
$900
Seeking roommates for shared home
Deal
1110 Carlton Ave Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
7
$1,013
Seeking roommates for shared home
Deal
2801 Killian Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
9
$898
Seeking roommates for shared home
Deal
1208 #102 Haybrook Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
8
$1,025
Seeking roommates for shared home
Deal
3525 Sugarplum Road Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
7
$877
Seeking roommates for shared home
Deal
5230 Meryton Park Way Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
13
$800
Seeking roommates for shared home
Deal
1241 University Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
8
$776
Seeking roommates for shared home
Deal
1440 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
35
$800
Seeking roommates for shared home
Deal
1251 #002 University Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
22
$979
Seeking roommates for shared home
Deal
700 Grove Ave Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
14
$1,020
Seeking roommates for shared home
Deal
4707 Princess Lita Way Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Virtual Tour
Air Conditioning
Covered Parking
Dishwasher
18
$958
Seeking roommates for shared home
Deal
129 Pineland Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
23
$773 - 945
Seeking Roommates For Shared Home
Deal
1008 J Sandlin Pl Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Balcony, Deck, Patio
Dishwasher
27
$793
Seeking roommates for shared home
Deal
2824 Henslowe Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
9
$793
Seeking roommates for shared home
Deal
2805 Killian Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
10
$787
Seeking roommates for shared home
Deal
4519 Edwards Mill RD Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
11
$896 - 911
Seeking Roommates For Shared Home
Deal
708 Ileagnes Rd Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
21
$785
Seeking roommates for shared home
Deal
2221 #102 Mountain Mist Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
10
$800
Seeking roommates for shared home
Deal
1501 Graduate Ln Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Gorman
13
$837
Seeking roommates for shared home
Deal
1320 Stone Manor Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
15
$853
Seeking roommates for shared home
Deal
7765 Falcon Rest Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
8
$960 - 1,040
PER
ROOM
The Standard at Raleigh
Leasing Office, 3101 Hillsborough Street Raleigh, NC
2 - 4 BR | Available Now
Contact
Dog Friendly
Cat Friendly
Student
Virtual Tour
In Unit Laundry
20
$923
Seeking roommates for shared home
Deal
7714 Weathered Oak Way Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Pool
15
$774
Seeking roommates for shared home
Deal
216 Woods Ream Dr Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
North Haven
13
$777
Seeking roommates for shared home
Deal
5821 Wynmore Road Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
15
$885 - 965
PER
ROOM
College Inn
2717 Western Blvd Raleigh, NC
3 - 4 BR | Aug. 5, 2023
Contact
Dog Friendly
Cat Friendly
Student
Covered Parking
Fitness Center
46
3D Tour
$709 - 909
PER
ROOM
Village Green Student Housing
Deal
4.2
2000 Village Bluff Pl. Raleigh, NC
2 - 4 BR | Available Now
Contact
Furnished
Dog Friendly
Cat Friendly
Student
Virtual Tour
10
$870
Seeking roommates for shared home
Deal
1003 Hadley RD Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
Biltmore Hills
14
$830
Seeking roommates for shared home
Deal
2200 #203 Mountain Mist Ct Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Air Conditioning
Covered Parking
Dishwasher
5
$819
Seeking roommates for shared home
Deal
1411 Collegiate Cir Raleigh, NC
1 BR | Ask for Availability
Contact
Heat Included
Dog Friendly
Cat Friendly
Air Conditioning
Covered Parking
1 - 30 of 61 Results
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How much does it cost to rent an apartment in Raleigh?

Raleigh Apartments
Bed Type Average Rent Range
Studio $1,520 $840 - $1,820
1BR $1,230 $820 - $2,070
2BR $1,600 $1,080 - $2,550
3BR $1,890 $1,280 - $3,370
4+BR $2,350 $530 - $5,170

Raleigh:
June Rent Report

Welcome to the June 2023 Raleigh Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the June 2023 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 Increase From May to June

Raleigh rent prices increased over the last month. From May to June, the city experienced a 2.54% increase for the price of a one-bedroom apartment. The rent price for a Raleigh one-bedroom apartments currently stands at $1,050.0.

When we take a look at the two-bedroom comparison from May to June, Raleigh experienced a 0.99% increase for the price of a two-bedroom apartment. The rent price for a Raleigh two-bedroom apartments currently stands at $1,635.0.

June Prices: Raleigh vs. Surrounding Areas

Rent Prices in Raleigh and Surrounding Areas

Rent prices have increased 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 4 of the Raleigh suburbs increased last month. On the other hand, 3 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rent increased in Morrisville, NC, Apex, NC, Clayton, NC, Wake Forest, NC .

  • Rent decreased in Cary, NC, Garner, NC, Fuquay-Varina, NC.

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

June 2023 Pricing Trends: Raleigh vs. National Comparisons

Raleigh Rent Prices More Affordable Than Major Cities

Rent growth in Raleigh over the past year has been on the rise. 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.

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 June 1 BR M/M % Change 2 BR June 2 BR M/M % Change
Raleigh, NC $1,024.0 0.89% $1,619.0 1.06%
Cary, NC $1,607.0 0.00% $1,881.0 -1.52%
Morrisville, NC $1,441.0 0.98% $1,772.0 -0.06%
Apex, NC $1,407.0 0.93% $1,624.0 -0.18%
Clayton, NC $1,339.0 1.21% $1,598.0 0.76%
Wake Forest, NC $1,698.0 1.86% $1,956.0 -0.51%
Garner, NC $1,444.0 -2.43% $1,670.0 -1.94%
Fuquay-Varina, NC $1,401.0 -1.48% $1,727.0 -0.12%

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.