We found the most affordable steakhouse for Raleigh’s cheap steak lovers

Steak and baked potato at Peddler Steak House in Raleigh NC

Photo courtesy of Peddler Steak House

By Staff Reports

April 18, 2024

We went searching for a Raleigh steakhouse that serves up mouth-watering cuts of meat at wallet-friendly prices. Why settle for a subpar cheap cut at a chain restaurant when we can support local businesses and indulge in an affordable steak at the same time? One option blew us away.

Peddler Steak House – Vintage Vibes and Value

Take a delightful journey back in time with a visit to Peddler Steak House, where the ambiance is as rich in vintage charm as the menu is in value-packed choices. This beloved Raleigh restaurant combines the nostalgic allure of a classic steakhouse with the kind of prices that make it easy to enjoy a steak dinner without a second thought about your budget.

Peddler first opened in Raleigh in 1969. Since then, it has perfected the art of creating a warm, inviting atmosphere. Upon walking through the doors, you’re welcomed by an interior complete with dark wood furnishings and historic memorabilia that adorn the walls. It’s this authentic, old-world charm that immediately sets Peddler apart, inviting diners to relax and savor the moment in a setting that feels both timeless and intimately cozy.

But it’s not just the atmosphere that draws people to Peddler. Each cut of meat is selected with care and prepared to your exact liking, ensuring that every bite is as flavorful and succulent as you’d hope. From the tender juiciness of their filet mignon to the robust flavors of their ribeye, there’s a cut on the menu to satisfy every palate and preference. And with prices that are as friendly as the service (both the filet and ribeye are under $40), you’ll find yourself indulging in a high-quality steak dinner that feels like a steal.

Want to go even cheaper? Peddler’s signature chopped steak comes in at just $18.95, meaning you might just have the budget to splurge for a slice of cheesecake at the end of the night.

And the best part? Every entree comes with free access to the all-you-can-eat salad bar, plus hot bread and a side of your choice. We of course recommend the baked potato for a perfect steak dinner.

For those in Raleigh seeking a steakhouse that marries vintage vibes with incredible value, Peddler Steak House is an undeniable must-visit. It’s a place where every visit feels like a special occasion, without the accompanying price tag. To plan your visit and peruse their mouthwatering menu offerings, head over to their website at peddlersteakhouse.com.

READ MORE: 10 stops for authentic Hispanic and Latin food in Raleigh, NC




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