Cheap Apartments for Rent in the Downtown Durham Neighborhood of Durham, NC from $500 (174 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

Read Article

Durham's Best Affordable Neighborhoods

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

Read Article

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.

Read Article

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.

Read Article

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article
Showing Results 1-50, Page 1 of 4

Downtown Durham, Durham, NC Local Guide

Cheapest Available Downtown Durham Apartments for Rent

 

The cheapest available apartment rental in the Downtown Durham area of Durham, NC is a Studio unit found at Vivo Living Durham priced from $795. Vivo Living Ivy Creek has the second lowest priced unit, which is a Studio apartment currently listed from $859. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living DurhamThe Carolinas AStudio,1BA$795
Vivo Living Ivy CreekStudioStudio,1BA$859
Regency Place Apartments1 Bedroom 1 Bathroom1BR,1BA$899
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950
BLU Station ApartmentsOne Bedroom Standard-Call For Availability1BR,1BA$950
Crystal VillageEmerald1BR,1BA$969
Mission University PinesA21BR,1BA$992
Monarch ApartmentsOne Bed, One Bath1BR,1BA$995
LaSalle Pointe ApartmentsThe Brightleaf 7001BR,1BA$999
Stonewood ApartmentsDogwood1BR,1BA$999

Best Value Apartments for Rent in Downtown Durham, NC

As of June 21, 2025 the best value apartment in the Downtown Durham area is the $1.30 price per square foot Raritan Model at Braxton Townhomes in the in the Fayetteville Street Corridor neighborhood starting from $2,422. The second greatest value Downtown Durham apartment is the Chesapeake Model at ReNew Durham starting at $1,465 with a $1.35 price per square foot in the Downtown Durham neighborhood. Here is today’s list of the best values for Downtown Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Braxton TownhomesRaritan3BR,2.5BA$1.30
ReNew DurhamChesapeake2BR,2BA$1.35
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.32
Juniper Square ApartmentsThe Terrace2BR,1BA$1.35
Poplar ManorOne Bedroom1BR,1BA$1.24
Magnolia Pointe ApartmentsA11BR,1BA$1.40
Rolling HillsRH 2B 1B2BR,1BA$1.40
Monarch ApartmentsOne Bed, One Bath1BR,1BA$1.29
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.39
Mission University PinesA21BR,1BA$1.34

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Downtown Durham, Durham, NC

Ranked #2

Among neighborhoods in Durham, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Downtown Durham, Durham, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina and customized analysis for Central Durham, NC. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Durham Apartments

What is a cheap apartment in Downtown Durham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Durham is under $999.

What is the price of a cheap apartment in Downtown Durham?

The cheapest apartment in Downtown Durham is Regency Place Apartments which is listed at $899, while the average apartment in Downtown Durham costs $2,715.

What types of apartments are the cheapest in Downtown 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 192 regular apartments in Downtown 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 Downtown Durham?

Cheap apartments in Downtown Durham have an average cost of $267 which is $2,448 cheaper than the average rent for all rentals in Downtown 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.

decorative image for Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

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.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.