Raleigh-Durham

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

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Published on April 29, 2020
Renting in Raleigh: What's the cheapest apartment available right now? 222 Martin Luther King Junior Blvd. | Photo: Zumper

According to rental site Zumper, median rents for a one bedroom in Raleigh are hovering around $1,095. But how does the low-end pricing on a Raleigh rental look these days — and what might you get for the price?

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.

Read on for the cheapest listings available right now. (Note: Prices and availability are subject to change.)

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222 Martin Luther King Junior Blvd.

Photo: Zumper

Listed at $800/month, this 500-square-foot one-bedroom, one-bathroom apartment, located at 222 Martin Luther King Junior Blvd. in Central, is 26.9 percent less than the median rent for a one bedroom in Raleigh, which is currently estimated at around $1,095/month.

When it comes to building amenities, expect assigned parking and outdoor space; in the unit, expect to find carpeted floors and a deck. Both cats and dogs are welcome. Be prepared for a $800 security deposit, $75 application fee.

According to Walk Score, the surrounding area is friendly for those on foot, is very bikeable and has excellent transit.

(See the complete listing here.)

3800-2 Colby Drive

Photo: Apartment Guide
Photo: Apartment Guide

This one-bedroom, one-bathroom apartment, situated at 3800-2 Colby Drive in Falls of Neuse, is listed for $900/month for its 706 square feet.

In the unit, anticipate a dishwasher and a walk-in closet. Amenities offered in the building include a swimming pool and on-site laundry. For those with furry friends in tow, know that cats and dogs are welcome on this property.

According to Walk Score, the surrounding area is somewhat walkable, is fairly bikeable and has a few nearby public transportation options.

(See the complete listing here.)

3020 Spanish Court

Photo: Apartment Guide
Photo: Apartment Guide

Here's a one-bedroom, one-bathroom apartment at 3020 Spanish Court in Wade, which, at 507 square feet, is going for $849/month.

The listing promises both air conditioning and central heating, a balcony and a dishwasher in the apartment. For those with furry friends in tow, know that cats and dogs are permitted on this property.

According to Walk Score's assessment, this location is car-dependent, 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

Then there's this 484-square-foot apartment with one bedroom and one bathroom at 500 E. Hargett St. in South Central, listed at $870/month.

You'll find hardwood flooring in the apartment. Building amenities include an elevator, on-site laundry and secured entry. Pet owners, take heed: Cats and dogs are allowed.

According to Walk Score, the surrounding area is quite walkable, is very bikeable and is a haven for transit riders.

(See the listing here.)

1914 Generation Drive

Photo: Apartment Guide
Photo: Apartment Guide

Finally, there's this 665-square-foot one-bedroom, one-bathroom apartment, located at 1914 Generation Drive in Six Forks and listed for $875/month.

The building boasts on-site laundry. In the unit, anticipate a dishwasher, a mix of hardwood floors and carpeting and a walk-in closet. Both cats and dogs are allowed.

Walk Score indicates that this location isn't very walkable, isn't particularly bikeable and has a few nearby public transportation options.

(Here's the listing.)


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. Additionally, read on for five marketing tips for real estate agents to showcase local market expertise.

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