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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 2023, 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 14,634
-34%
Median Rent $642 / month
34% less expensive than Raleigh
Population 8,076
-22%
Median Rent $749 / month
22% less expensive than Raleigh
Population 17,197
-22%
Median Rent $752 / month
22% less expensive than Raleigh
Population 8,393
-21%
Median Rent $762 / month
21% less expensive than Raleigh
Population 6,392
-19%
Median Rent $779 / month
19% less expensive than Raleigh
Population 8,992
-18%
Median Rent $794 / month
18% less expensive than Raleigh
Population 5,240
-17%
Median Rent $798 / month
17% less expensive than Raleigh
Population 2,801
-17%
Median Rent $806 / month
17% less expensive than Raleigh
Population 7,562
-13%
Median Rent $842 / month
13% less expensive than Raleigh
Population 11,665
-11%
Median Rent $860 / month
11% less expensive than Raleigh