Looking for affordable triangle housing in NC? Check out our recommendations on how to live in the triangle on a budget.
Known for its three popular universities and fast-growing tech industry, the Triangle area of NC is made up of Raleigh, Durham, and Chapel Hill. The NC triangle real estate is booming at the moment, with young professionals and students looking for housing as well as growing families.
With popularity comes rising house costs; luckily, there are still affordable housing options in the Triangle area if you know where to look.
If you’ve been looking for affordable housing in NC, then you’ve likely come across the Research Triangle area. This area gets its nickname from the three major research universities, the University of North Carolina, Duke University in Durham, and NC State University in Raleigh.
The Triangle area also has a huge number of companies in the tech, biotech, and healthcare industries. These are all reasons as to why housing in the Triangle area has become so popular and competitive.
These areas aren’t just popular with students and professionals; families are also increasingly moving to these areas thanks to the green spaces, restaurants, leisure places, and schools, especially in suburbs like Cary with close proximity to the Research Triangle.
It’s no secret that places like central Durham and downtown Raleigh are very expensive to live in.
However, there are some affordable neighborhoods if you know where to look in the suburbs, whether you're open to shared housing or want apartments in the Triangle, NC.
East Durham
East Durham has a good mix of older homes and small apartments, making it great for renters and people who are looking for their first homes. Plus, this neighbourhood isn’t too far from central Durham, making it ideal for study and job links without the hefty price.
Carrboro
Carrboro is an artsy town neighboring Chapel Hill. This town is ideal for young professionals or students who are looking for co-living spaces but don’t want to be too far from the University of North Carolina.
Garner
For larger homes and families, Garner is an affordable location to consider moving to in the Triangle. Located in South Raleigh, it’s ideal for those who want to be close to the city on a budget.
Morrisville
You can still find reasonably priced apartments and shared housing opportunities in Morrisville, and it has great access to the Research Triangle Park, making it ideal for professionals working in this area.
Knightdale
This is becoming a popular location in East Raleigh with new developments and highway access. We are seeing a lot of first-time buyers and renters moving to Knightdale who need housing in the Triangle area on a budget.
North Raleigh
North Raleigh offers a quieter feel with more space. Areas like Millbrook have great shopping and parks, and you can also find a lot of shared housing opportunities here to save costs.
At Alcove, we offer shared housing at affordable prices in Raleigh. You can check our vetted listings here.
Shared Housing In The Triangle
Some of the most popular requests we get as a shared housing platform are people looking for roommates in Raleigh or Chapel Hill. This is because these areas are extremely popular with young professionals and help you gain access to the RTP area without the inflated costs.
We offer private rooms in shared homes with common areas, preconfigured utilities, and an online rental payment system to make renting more streamlined.
Apartments In The Triangle, NC
Areas such as North Raleigh and Carrboro have better prices than downtown; the closer to the center you get, the higher the price.
Opt for smaller apartments or these suburban areas to save costs.
Homes For Sale In The Research Triangle Park, NC
Residential communities near the RTP area include Morrisville and Cary; these areas have reasonable housing prices, and older neighbourhoods offer great value for first-time buyers.
Look away from the city centre - Nearby suburbs in the Triangle area offer close proximity to the city centre without the huge price tag. For example, Garner and Knightdale have lower prices with more space, but aren’t far from the centre.
Set a budget - Making a monthly budget before you begin searching to set realistic expectations, make sure to factor in commuting too.
Search early - Try to avoid moving seasons and search early for your housing.
Use shared housing platforms - Alcove offers shared housing in the most desirable neighbourhoods within the Triangle areas at affordable costs.
Look at older houses - Older homes offer lower rents than newer housing in modern developments.
Need affordable housing in the Triangle, NC area? Alcove gives our tenants a flexible way to rent private rooms in homes, no matter whether you're relocating for work or you're a student studying at the nearby universities.
Our platform makes finding shared housing easy, allowing you to match with roommates and pay rent through Alcove, with all your bills, such as utilities and internet, included.
Whether you're staying short term or long term in the Triangle, NC area, our flexible leases give you control and access to some of the best neighbourhoods at affordable costs.
Find our shared housing opportunities in the Triangle, NC area here.