Cheap Apartments for Rent in Durham, NC from $400 (310 Rentals)

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

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Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Vivo Living Durham
Rent Specials
$970 - $999
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $999

Total Monthly Price
$970 - $999
Studio Apartments Available Now

Vivo Living Durham

2517 Guess RdDurham, NC 27705
Corporate Housing
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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: 07/02/2026

Current apartment rentals in the Durham, NC area range in price from $510 to $5,580 with an overall median price of $3,103. The three Durham neighborhoods with the lowest median rent pricing are Stone Hill at $775, Briar Chapel at $1,800, and Kenion Grove at $1,350. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Durham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Stone Hill$1,732$77510
Briar Chapel$1,895$1,8001
Kenion Grove$1,947$1,3506
American Tobacco$2,000$1,4952
Parkwood$2,100$6506
Forest Hills$2,150$62513
Auburn$2,245$6508
Govenors Village$2,275$6255
Orange County Courtesy Review Area$2,295$9456
Cross County$2,320$1,9401

Cheapest Available Durham Apartments for Rent

 

The cheapest available apartment rental in Durham, NC is a 1 Bed unit found at Shadowood in the Triple Crown Estates neighborhood priced from $780. Monarch Apartments 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
ShadowoodThe Oak1BR,1BA$780
Monarch ApartmentsMonarch - StudioStudio,1BA$799
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$835
Community Room Rental – DurhamDillard (Inside Unit) - 1st floor - Suite A1BR,1BA$840
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
The Oaks at NorthgateThe Oak2BR,1BA$899
Strawberry Hill Apartments1 Bed 1 Bath1BR,1BA$900
Willowdaile111BR,1BA$900
Crossings @ 501 ApartmentsCreekview Classic - Call for Availability1BR,1BA$900
Reserve @ Blu Townhomes1x1 Standard- Call For Availability1BR,1BA$900

Best Value Apartments for Rent in Durham, NC

As of July 02, 2026 the best value apartment in the Durham area is the $1.10 price per square foot Chestnut Model at NightStar Village in the in the South Durham neighborhood starting from $2,749. The second greatest value Durham apartment is the 7106 Montibillo Pky Model at 7106 Montibillo Pky, Unit Lower Level Apartment starting at $1,850 with a $0.74 price per square foot in the South Durham 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.
NightStar VillageChestnut3BR,2.5BA$1.10
7106 Montibillo Pky, Unit Lower Level Apartment7106 Montibillo Pky2BR,1BA$0.74
Vetra Forest Hills - Lexington StreetB22BR,2BA$1.06
705 W Markham Ave, Unit B705 W Markham Ave2BR,1.5BA$1.20
Southpoint Estate ApartmentsC1 - The Madison3BR,2BA$1.18
LochridgeThe Eno 12502BR,2.5BA$1.07
Balfour West2 Bed 2.5 Bath Classic2BR,2.5BA$1.20
Emory Woods2 BEDROOM 1 BATH (1020 SF)2BR,1BA$1.14
Rippling Stream Townhomes2x1.52BR,1.5BA$1.10
Viceroy ApartmentsVR 2x12BR,1BA$1.19

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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Frequently Asked Questions about Cheap Durham Apartments

What is the Cheapest Studio apartment in Durham?

Currently the most affordable Cheap Studio Apartment in Durham is at Monarch Apartments listed at $799.

How much is rent for a Cheap One Bedroom Durham Apartment?

The lowest price for a Cheap One Bedroom Durham Apartment is $780 at Shadowood.

What is the lowest price for a Cheap Two Bedroom Durham Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Durham is starting from $899 at The Oaks at Northgate.

What is the most affordable Durham Three Bedroom Apartment?

The best deal on a cheap Durham Three Bedroom Apartment rental is at Reserve @ Blu Townhomes and starts from $1,300.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.