Cheap Apartments for Rent in Durham, NC from $400 (357 Rentals)

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Search the lowest-cost Apartments available for rent right now in Durham.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Navigating the Rental Market: Tips for First-Time Renters

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Durham, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Durham, NC

Pricing Updated: 07/30/2025

Current apartment rentals in the Durham, NC area range in price from $450 to $12,380 with an overall median price of $2,621. The three Durham neighborhoods with the lowest median rent pricing are Plum Street at $1,030, Davenport at $1,037, and Wynngate at $1,037. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Durham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Plum Street$1,250$1,0304
Davenport$1,422$1,0372
Wynngate$1,422$1,0373
Northgate$1,425$95037
Weaver$1,499$79928
Cardinal Lake$1,525$799100
Latta Road$1,530$98067
Latta Woods$1,530$79975
Croasdaile Farm$1,587$799119
Govenors Village$1,595$1,5951

Cheapest Available Durham Apartments for Rent

 

The cheapest available apartment rental in Durham, NC is a 1 Bed unit found at Regency Place Apartments in the Downtown Durham neighborhood priced from $799. Vivo Living Durham in the Downtown Durham neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Durham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Regency Place Apartments1 Bedroom 1 Bathroom1BR,1BA$799
Vivo Living DurhamThe CarolinasStudio,1BA$799
Vivo Living Ivy CreekStudioStudio,1BA$834
Vivo Living Forest HillsStudioStudio,1BA$849
LaSalle Pointe ApartmentsThe Brightleaf 7401BR,1BA$900
Emerald PlaceStudioStudio,1BA$911
Pine RidgeThe Brightleaf 5351BR,1BA$916
Triangle Park Apartments1 Bedroom 1 Bath1BR,1BA$930
Duke Manor- Students save up to 10%!Hereford1BR,1BA$930
Nova Chapel HillRedwood1BR,1BA$935

Best Value Apartments for Rent in Durham, NC

As of July 30, 2025 the best value apartment in the Durham area is the $1.13 price per square foot Balsam Model at Houndswood Village in the in the South Durham neighborhood starting from $2,695. The second greatest value Durham apartment is the Unit 6 Model at Grace Park starting at $2,125 with a $1.23 price per square foot in the Huntington Woods neighborhood. Here is today’s list of the best values for Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Houndswood VillageBalsam3BR,3.5BA$1.13
Grace ParkUnit 62BR,2.5BA$1.23
FairgateTwo Bedroom Townhome2BR,2.5BA$1.25
501 Towns21.5TH2BR,1.5BA$1.07
Pickett Square TownhomesThe Eno 11622BR,2.5BA$1.26
Lenox EastThe Eno 11622BR,2.5BA$1.17
Holly HillTwo Bedroom2BR,1.5BA$1.22
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.26
Emory Woods2 BEDROOM 1 BATH (1020 SF)2BR,1BA$1.21
Triangle PlaceThe Willow1BR,1BA$1.26

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Durham Overview

In the middle of North Carolina, just northwest of Raleigh sits Durham. Known as the City of Medicine, it is home to Duke University, North Carolina State University, and The University of NC at Chapel Hill. Making up an area known as Research Triangle, it is one of the most high-tech research and development parks in the country. Once driven by its roots in the tobacco industry, the city is now a leader in education, technology, and medicine. Durham is a charming city with a rich history, diverse culture, and pioneering spirit. There are plenty of great apartments in Durham with nearby entertainment, cultural events, nightlife, and some of the best soul food and pulled-pork barbecue joints to satisfy every foodie.

Why live in Durham, NC?

U.S. News ranked Raleigh-Durham as the No. 4 Best Place to Live in 2016. Due to its strong job market, home values, and high quality of life, it attracts nearly 80 new residents per day. It is a young, diverse, friendly, and well-educated community that has a strong sense of community. Residents enjoy dining out, meeting at one of the local microbreweries, taking a stroll in the beautiful green spaces, or hanging out at the growing music and art scene. The cost of living is slightly lower than the national average, so it is the perfect area for new families.

Pet Friendly Lifestyle
Durham, NC

Ranked #3

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Durham, NC Rentals by Map

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See the most popular apartments and homes in Durham, NC

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Durham, NC Apartments Map
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Durham, NC Rental Homes Map

Getting Around Durham, NC

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

30 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Durham Apartments

What is a cheap apartment in Durham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Durham is under $935.

What is the price of a cheap apartment in Durham?

The cheapest apartment in Durham is Regency Place Apartments which is listed at $799, while the average apartment in Durham costs $2,621.

What types of apartments are the cheapest in Durham?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3,106 regular apartments in Durham that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Durham?

Cheap apartments in Durham have an average cost of $561 which is $2,060 cheaper than the average rent for all rentals in Durham.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.