What a $1,000 Rent Looks Like in Raleigh, NC

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Named one of the fastest growing cities in the U.S., Raleigh has seen tremendous growth in recent years with lofty apartment buildings, sleek hotels, and bustling office parks adding to its charm. Many of the country’s top employers have set up shop at the nearby Research Triangle Park, including IBM, Cisco Systems, GlaxoSmithKline, Fidelity Investments, and Biogen Ide, spurring job growth and boosting the area’s overall appeal.

When it comes to finding a great place to live, the City of Oaks abounds in excellent options. You may face some tough competition, as the area continues to attract a large number of new residents, yet the housing costs remain relatively affordable as compared to the rest of the nation. The average asking rent for Raleigh apartments is $1,009, lower than the national average which sits somewhere around $1,162.

Great rentals under $1,000

Whether you’re looking for a cozy Downtown studio, a nice condo in Brier Creek, or a sprawling townhome in North Raleigh, there’s an affordable Raleigh home for everyone. We selected a few of the best choices to give you an edge in your rental apartment search.

1. Manor Six Forks, Northeast Raleigh, $975, 1BR

Conveniently located in between downtown and midtown, Manor Six Forks offers luxury living with abundant services. An easy walk from retailers and grocery stores, this beautiful complex includes spacious 1BR/1 bath units for less than $1,000, with quartz countertops, tall ceilings, mahogany wood cabinetry, and top-rated appliances. Residents enjoy a series of upscale amenities including a state-of-the-art clubhouse with an Internet Cafe, a fitness center, a yoga studio, and a putting green. A multi-story parking garage makes commuting easy and convenient.

Apartments at Manor Six Forks in Raleigh under $1,000

2. Clarion Crossing, West Raleigh, $679, Studio

Looking for a spacious studio apartment in a great location? Enjoy living close to downtown Raleigh as well as NC State University and Lake Johnson when you rent a home within Clarion Crossing. With many newly remodeled units, the apartment community features spacious floor plans, private outdoor space, a bark park, and even a tanning studio. From their proximity to public transportation to their flexible leases, the rentals come with many advantages. Rents for studio apartments start at $679.

Apartments at Clarion Crossing in Raleigh under $1,000

3. Cambridge Apartments, North Raleigh, $850, 1BR

With a prestigious North Raleigh address, the Cambridge Apartments offer a lot for your monthly rent. With a fireplace, oversized closets, and spacious interiors, these one-bedroom apartments are hard to beat. Outdoor living space complements the homes, along with the added attractions of sand volleyball and a lighted tennis court. With planned social events and even free rental of a mountain bike, the Cambridge Apartments offer upscale living with desirable amenities.

Cambridge Apartments in Raleigh with rents under $1,000

4. Concord Apartments, Northwest Raleigh, $805, 2BR

With two-bedroom units starting at $805, you get a lot for your monthly rent at the Concord Apartments. These homes include such top-class features as wood-burning fireplaces, large soaking tubs, and oversized sunrooms. In addition, enjoy the generous outdoor facilities and the spacious, open-plan floor layouts. Especially noteworthy are convenient garages, a racquetball court, a swimming pool, and a fitness room. Nestled between I-440 and Highway 70, the complex is in close proximity to the Research Triangle Park, making commuting a breeze for community residents.

Concord Apartments in Raleigh with rents under $1,000

5. Post Parkside at Wade, West Raleigh, $925, 1BR

Starting at less than $1,000, Post Parkside at Wade is right along the Beltline, providing easy access to downtown Raleigh, the Research Triangle Park, PNC Arena, and Umstead State Park. Offering a mix of studio, one-, two, and three-bedroom units, the community features a 24-hour fitness center, a swimming pool with outdoor fireplace, resident club room and game room, an urban vegetable garden, and more. The apartments come with designer kitchens, stainless steel appliances, 9′ ceilings, and top finishes. Enjoy open-plan living spaces with many built-ins and covered parking in this modern, energy-efficient environment.

Post Parkside at Wade apartments in West Raleigh

6. Link Apartments Glenwood South, Central Raleigh, $1014, Studio

If downtown living is more your style, check out the brand new, smoke-free community at 202 North West Street. Dubbed Link Apartments Glenwood South, the apartment complex is located in the Glenwood South district, an area bustling with city life. With rents starting at $1,014, the apartment homes come with large walk-in closets, energy-efficient stainless steel appliances, oversized windows, and more.

Rents for the Link Apartments in Downtown Raleigh start at $1,000

If you are ready to start looking for great apartments in Raleigh, narrow down your selections with ease using RentCafe.com.

Do you want to rent? 

Finding the perfect home is not an easy task, so make sure to explore all your options. There are many affordable apartments for rent under $900 in Raleigh. However, if you’re willing to splurge a little, browse a generous selection of apartments under $1,100. Expand your choices even more and take a look at all the amazing apartments available under $1,300 in Raleigh. You can see all the options in the list below.

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Amalia Otet

Amalia Otet leads publishing and content for Yardi products, where she turns real estate data and market trends into stories that inform and inspire. Outside of work, Amalia strives to live beautifully - one green step at a time.

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