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Cheapest Neighborhoods In Raleigh, NC For Renters

If you’re searching for a new place to live in Raleigh, rent prices are probably one of the most important factors in your decision. Apartment rental prices in Raleigh neighborhoods have continued to increase over the years. Luckily, even in 2024, there are some Raleigh neighborhoods that do offer budget friendly, affordable rental rates. The list of the cheapest neighborhoods in Raleigh for renters is sorted by lowest median rental rates compared to the Raleigh average.

Population 17,197
-36%
Median Rent $752 / month
36% less expensive than Raleigh
Population 76,649
-26%
Median Rent $873 / month
26% less expensive than Raleigh
Population 7,209
-25%
Median Rent $887 / month
25% less expensive than Raleigh
Population 37,998
-24%
Median Rent $897 / month
24% less expensive than Raleigh
Population 22,629
-22%
Median Rent $921 / month
22% less expensive than Raleigh
Population 28,074
-19%
Median Rent $954 / month
19% less expensive than Raleigh
Population 87,424
-18%
Median Rent $959 / month
18% less expensive than Raleigh
Population 81,974
-17%
Median Rent $973 / month
17% less expensive than Raleigh
Population 11,598
-5%
Median Rent $1,120 / month
5% less expensive than Raleigh
Population 8,669
-1%
Median Rent $1,162 / month
1% less expensive than Raleigh
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