Cheap and Affordable Apartments for Rent in Raleigh, NC

9,032 rentals available

Updated

Raleigh Snapshot

Frequently asked questions

How many cheaper, more affordable apartments are available in Raleigh, NC?

There are 9,032 cheaper apartment units available for rent.

What does "Cheap" mean for Apartment rentals in Raleigh, NC?

Cheap is a relative term to communicate more "affordable" rental and living expenses. Although a property might be found within the "Cheap and Affordable Apartments" search, does not mean it is a low-quality rental. These more affordable apartments are also relative to the other apartment inventory within Raleigh. Some areas will be cheaper than others and based on demand, rent will fluctuate.

How to search for Cheap and Affordable Apartments in Raleigh, NC?

When searching on HotPads for more affordable apartments, use the "Sort:" feature to sort apartments by Lowest Price for Raleigh. Additionally, set a max price for your search and select "Save search" to be notified in real-time when "cheaper" apartments come on the market.

What are some additional tips for securing a "cheaper" apartment?

Although a larger multi-tenant building is less likely to negotiate rental terms there are a few things that don't hurt to try, including:

  • Offer to sign a longer lease for lowered monthly rent
  • Negotiate landscaping or property maintenance for lowered monthly rent
  • Ask about becoming an onsite property manager
  • Educate yourself regarding the apartment rental market and market rates in Raleigh. Knowing this will help you accurately negotiate fair rent.

About Raleigh

Thinking of moving to Raleigh? Here's what you need to know.

Raleigh, North Carolina, is a well-planned capital city that's connected in many ways to nearby Durham and Chapel Hill. Known for great basketball and music, the  city is home to nearly 450,000 people. More than 1,200,000 reside in the metropolitan area. Nicknamed City of Oaks due to its tree-lined downtown streets, Raleigh has a relaxed, Southern vibe.

Who's There?

With its high concentration of universities, including North Carolina State University (N.C.'s largest), Duke University (in Durham) and the University of North Carolina at Chapel Hill, the Raleigh area has its fair share of highly educated residents. Raleigh is home to one of the most prominent high-tech development centers in America, the 7,000-acre Research Triangle Park. Many companies employing nearly 60,000 people are concentrated in the research park, including IBM, Ericsson and Cisco Systems. Other top employers in Raleigh include  government agencies, universities and hospitals such as WakeMed  Health and Hospitals and Rex Healthcare.

What's Around Raleigh?

Downtown's Five Points is a popular local hub for families. Also downtown, Fayetteville Street tends to draw the lively and cosmopolitan set. Hipsters flock to trendy Glenwood South and the artsy Warehouse District. Historic Boylan Heights is known for its many peaceful front porches, while Cameron Village is a fun, affordable community popular with young professionals. In Lassiter Mill, trees and waterfalls draw families and retirees. While students and downtown residents may not need a car, most locals find four wheels beneficial, since Raleigh's offerings are far-reaching. Many Raleigh commuters use the citywide bus service, GoRaleigh.

What Do You Do In Raleigh?

At the annual Hopscotch Music Festival, show-goers can venue-hop to the many bars and nightclubs that sit in close proximity to one another in downtown Raleigh. The North Carolina Symphony, Carolina Ballet and Walnut Creek Amphitheatre provide more upscale entertainment options. Daytime explorers will enjoy the North Carolina Museum of Art, the North Carolina Museum of Natural Sciences, the North Carolina Museum of History and Pullen Park .