Raleigh-Durham

Renting in Raleigh: What's the cheapest apartment available right now?

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Published on November 01, 2019
Renting in Raleigh: What's the cheapest apartment available right now?3800-2 Colby Drive. | Photo: Apartment Guide  

According to rental site Zumper, median rents for a one-bedroom in Raleigh are hovering around $1,160. But how does the low-end pricing on a Raleigh rental look these days — and what might you get for your money?

We took a look at local listings for studios and one-bedroom apartments from Zumper and Apartment Guide to find out what price-conscious apartment seekers can expect to find.

Take a look at the cheapest listings available right now, below. (Note: Prices and availability are subject to change.)

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3800-2 Colby Drive

Photo: Apartment Guide
Photo: Apartment Guide

Listed at $780/month, this 660-square-foot one-bedroom, one-bathroom apartment, located at 3800-2 Colby Drive in Falls of Neuse, is 32.8 percent less than the median rent for a one-bedroom in Raleigh, which is currently estimated at around $1,160/month.

Building amenities include on-site laundry and a fitness center. The apartment also includes a walk-in closet and a dishwasher. Both cats and dogs are welcome.

According to Walk Score, the surrounding area is moderately walkable, has some bike infrastructure and has some transit options.

(See the complete listing here.)

3105 Holston Lane

Photo: Apartment Guide
Photo: Apartment Guide

Next, here's a one-bedroom, one-bathroom apartment at 3105 Holston Lane in East Raleigh, which, at 550 square feet, is going for $820/month.

The building features a swimming pool and a fitness center. In the unit, the listing promises a dishwasher and in-unit laundry. Luckily for pet owners, both dogs and cats are permitted.

According to Walk Score's assessment, the surrounding area isn't very walkable, is somewhat bikeable and has a few nearby public transportation options.

(See the full listing here.)

500 E. Hargett St.

Photo: Apartment Guide
Photo: Apartment Guide

Finally, here's a one-bedroom, one-bathroom apartment at 500 E. Hargett St. in South Central, which, with 484 square feet, is going for $1,065/month.

The building offers secured entry, an elevator and on-site laundry. The unit also comes with hardwood floors. Luckily for pet owners, both dogs and cats are welcome.

Per Walk Score ratings, the surrounding area is quite walkable, is convenient for biking and is a haven for transit riders.

(Check out the listing here.)


This story was created automatically using local real estate data from Zumper and Apartment Guide, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.