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Apartments under $500 for Rent in Raleigh, NC

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Living & Renting in Raleigh

Raleigh at a Glance

Average Rent

$1,369
(All bedrooms and property types)
Learn more about
Average Rent in Raleigh
7

School Rating

out of 10 Rating
Learn more about
Schools in Raleigh
34

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Raleigh
47

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Raleigh

Raleigh, NC Apartments for Rent

Raleigh, NC, presents a delightful blend of culture, nature, and community spirit. The city boasts numerous parks, such as the scenic JC Raulston Arboretum and the tranquil Lake Johnson Park, offering ample opportunities for outdoor activities similar to hiking, picnicking, and boating. The vibrant food scene features a variety of eateries that cater to diverse tastes, from the mouthwatering Southern comfort food at The Pit Authentic Barbecue to the unique fusion offerings at The Cowfish Sushi Burger Bar. For a cozy café experience, Irregardless and Morning Times provide inviting atmospheres perfect for enjoying a cup of coffee or a light meal.

Shopping enthusiasts can explore popular destinations similar to Crabtree Valley Mall and Mission Valley Shopping Center, where a mix of retail options awaits. After a day of shopping, dining at Sullivan's Steakhouse or indulging in Beasley's Chicken + Honey can be a perfect way to unwind. The city's rich history is reflected in landmarks such as the North Carolina State Capitol and the North Carolina Museum of Natural Sciences, which invite exploration and appreciation of the region's heritage.

Raleigh is also home to a vibrant arts scene, with events similar to the Raleigh Arts Festival showcasing local talent and fostering community engagement. The North Carolina State Fair draws crowds each year, celebrating the state's agricultural roots and cultural diversity. Education and innovation thrive here, with institutions similar to North Carolina State University and the Research Triangle Park nearby, contributing to the city's dynamic atmosphere.

With a strong sense of community and a variety of amenities, including fitness facilities and entertainment venues, residents enjoy a fulfilling lifestyle. Whether attending a concert at the PNC Arena or exploring the interactive exhibits at Marbles Kids Museum, Raleigh provides a well-rounded experience that balances leisure and convenience, making it an inviting place to call home.

Why Raleigh?

  • Raleigh is home to several colleges and universities including North Carolina State University
  • Raleigh’s downtown is packed with renowned restaurants and bars
  • The city is convenient to Triangle Research Park
  • Known as the "Smithsonian of the South," Raleigh offers more than 40 free attractions and museums
  • The city is a great option for commuters who work in Durham and Chapel Hill

Renting in Raleigh

Average Rental Rates and Apartment Sizes

Top Budget-Friendly Neighborhoods in Raleigh

(For 1 bedroom apartments)

Getting Around Raleigh

Transportation

50

Somewhat Walkable

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
47

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
34

Some Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

Education

Public University
Private University
Private University
Public University
Private University
9
Wake Early Coll Heal
out of 10 Rating
Public | Grades 9- 12 | 336 Students
8
William G Enloe High
out of 10 Rating
Public | Grades 9- 12 | 2,502 Students
8
Athens Drive High
out of 10 Rating
Public | Grades 9- 12 | 2,062 Students
8
Pine Hollow Middle
out of 10 Rating
Public | Grades 6- 8 | 850 Students
7
Oberlin Middle School
out of 10 Rating
Public | Grades 6- 8 | 1,076 Students
7
Carnage Middle
out of 10 Rating
Public | Grades 6- 8 | 844 Students
7
Brassfield Elementary
out of 10 Rating
Public | Grades K- 5 | 586 Students
School data provided by Great Schoolsⓘ

Raleigh Apartments for Rent in Your Budget

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