Most Affordable Neighborhoods in Raleigh, NC
Some of the cheapest neighborhoods in Raleigh are Triangle Town Center, East Raleigh, and Parkland/Hidden Creek. These neighborhoods offer some of the lowest rent prices in Raleigh, making them ideal for renters on a budget. As of April 7, 2025, the average rent in Raleigh is $1,370, which is 1.9% lower than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Triangle Town Center
Average Rent
$1,284/Month
Year-Over-Year Rent Change
0.1%
TransitScore® Rating
36/100
Units Available
421 Rentals
Triangle Town Center in Raleigh, North Carolina, is a budget-friendly neighborhood near the heart of Downtown Raleigh. With convenient access to a namesake shopping mall, the neighborhood provides easy connections to retail stores, dining, and entertainment venues. Affordable living here ensures both convenience and enjoyment.
East Raleigh
Average Rent
$1,396/Month
Year-Over-Year Rent Change
1.1%
TransitScore® Rating
12/100
Units Available
778 Rentals
East Raleigh is a rural, residential neighborhood with easy access to downtown, as well grocery stores, shopping centers, and hospitals. Affordable living in East Raleigh offers practicality for renters seeking proximity to city amenities.
Parkland/Hidden Creek
Average Rent
$1,422/Month
Year-Over-Year Rent Change
5.7%
TransitScore® Rating
33/100
Units Available
379 Rentals
Parkland/Hidden Creek is an affordable neighborhood in Raleigh with an average rent price of $1,422. Compare this to the city average of $1,370. In the past year, rent prices have decreased by 5.7%. Parkland/Hidden Creek provides easy access to Wake Technical, Public Safety, NC State, Centennial Campus, and Lake Johnson Nature Park. It’s a car-dependent neighborhood with a WalkScore® of 35.
South Raleigh
Average Rent
$1,440/Month
Year-Over-Year Rent Change
2.3%
TransitScore® Rating
8/100
Units Available
605 Rentals
South Raleigh provides homes near key transportation routes and commercial hubs. Multiple parks and recreational facilities offer plenty of outdoor activities. Affordable living in South Raleigh makes it a sensible choice for those seeking convenience.
North Raleigh
Average Rent
$1,448/Month
Year-Over-Year Rent Change
2.6%
TransitScore® Rating
23/100
Units Available
516 Rentals
North Raleigh is set within a serene and green environment. This area is home to numerous parks and provides ample opportunities for outdoor activities. Renters will find North Raleigh accessible and peaceful.
Trinity Park
Average Rent
$1,540/Month
Year-Over-Year Rent Change
4.6%
TransitScore® Rating
25/100
Units Available
255 Rentals
Trinity Park in Raleigh is convenient to some of Raleigh's most well-known attractions, such as the PNC Arena, the NC State Fair, and the Centennial Biomedical Campus. Tree-lined streets and close proximity to downtown enhance its charm. Residents enjoy neighborhood walks, special events, and budget-friendly housing, all within the same neighborhood.
Brier Creek
Average Rent
$1,548/Month
Year-Over-Year Rent Change
2.5%
TransitScore® Rating
19/100
Units Available
333 Rentals
If you’re looking for a great, affordable neighborhood in Raleigh, Brier Creek might be the perfect place! It has an average rent price of $1,548, while the city’s average stands at $1,370. In the last year, prices have decreased by 2.5%. Brier Creek is near Duke University, J.C. Raulston Arboretum, and Blue Jay Point County Park.
Crabtree Valley
Average Rent
$1,622/Month
Year-Over-Year Rent Change
2.4%
TransitScore® Rating
34/100
Units Available
510 Rentals
Crabtree Valley offers rentals near the popular Crabtree Valley Mall, home to over 200 stores and dining options. The neighborhood is just miles away from Raleigh's headlining amenities, such as the Durham International Airport and the North Carolina Museum of Art.
Northeast Raleigh
Average Rent
$1,628/Month
TransitScore® Rating
30/100
Units Available
1,661 Rentals
Northeast Raleigh is a top choice for budget-conscious renters for a variety of reasons. The average rent in Northeast Raleigh is $1,628 while the city average is $1,370. This is a -0% difference from last year. Residents enjoy convenient access to Blue Jay Point County Park, Falls Pointe, and Wake Technical, Northern Wake. The neighborhood is considered car-dependent with a WalkScore® of 48.
Northwest Raleigh
Average Rent
$1,633/Month
Year-Over-Year Rent Change
2.2%
TransitScore® Rating
18/100
Units Available
1,149 Rentals
When you’re looking for a great Raleigh neighborhood on a budget, check out Northwest Raleigh. The average rent is $1,633, compared to the city average of $1,370. Rent prices have decreased by 2.2%. Northwest Raleigh is convenient to Shelley Lake, William B. Umstead State Park, and Meredith College. The community is car-dependent with a WalkScore® of 38.
Ready to make your move to Raleigh? Check out the rent specials, price drops, and great deals on ApartmentFinder.com!
Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.