Cheap Apartments for Rent in the Downtown Durham Neighborhood of Durham, NC from $400 (137 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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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property at 910 Fiske St

$1,075

2 Bedroom Rentals

Available Now

910 Fiske St

DurhamNC27703

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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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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 Monarch Apartments priced from $749. Vivo Living Durham has the second lowest priced unit, which is a Studio apartment currently listed from $749. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Monarch ApartmentsEmbrace Elegant Living at Monarch Apartments in...Studio,1BA$749
Vivo Living DurhamCARO-A - The Carolinas AStudio,1BA$749
Dupont CircleThe Brightleaf 5251BR,1BA$828
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$839
Lenox EastThe Brightleaf 6501BR,1BA$853
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
The Oaks at NorthgateThe Magnolia1BR,1BA$875
Avalon EastThe Brightleaf 6501BR,1BA$878
South Point1 Bedroom 1 Bathoom1BR,1BA$899
Regency Place Apartments1 Bedroom 1 Bathroom1BR,1BA$899

Best Value Apartments for Rent in Downtown Durham, NC

As of December 29, 2025 the best value apartment in the Downtown Durham area is the $1.28 price per square foot Maverick Model at Braxton Townhomes in the in the Fayetteville Street Corridor neighborhood starting from $1,994. The second greatest value Downtown Durham apartment is the 2BR/2BA Upper Floor Model at 2211 Morehead Ave starting at $1,249 with a $1.00 price per square foot in the Fayetteville Street Corridor 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 TownhomesMaverick3BR,2.5BA$1.28
2211 Morehead Ave2BR/2BA Upper Floor2BR,2BA$1.00
501 Towns-Lexington Street ApartmentsB1.52BR,1.5BA$1.26
Taylor's PondThe Eno 11622BR,2.5BA$1.14
4206 Delbert Ave, Unit C4206 Delbert Ave2BR,1.5BA$1.27
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.23
Hawk's NestThe Eno 9802BR,1.5BA$1.27
Trinity Properties - Campus Walk2 bedroom/1 bath2BR,1BA$1.24
Viceroy ApartmentsVR 2x12BR,1BA$1.19
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.26

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Pet Friendly Lifestyle
Downtown Durham, Durham, NC

Ranked #2

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $899.

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

The cheapest apartment in Downtown Durham is Dupont Circle which is listed at $722, while the average apartment in Downtown Durham costs $3,228.

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 422 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 $737 which is $2,491 cheaper than the average rent for all rentals in Downtown Durham.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.