Cheap Apartments for Rent in the Downtown Durham Neighborhood of Durham, NC from $400 (189 Rentals)

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

property at 1709 Avondale Dr

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750
Total Monthly Price
$750

3 Bedroom, 1 Bath Home for Rent

Available Sep 1

1709 Avondale Dr

DurhamNC27701

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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Vivo Living Durham
Rent Specials
$970 - $1,024
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $1,024
Total Monthly Price
$970 - $1,024
Studio Apartments Available Now

Vivo Living Durham

2517 Guess RdDurham, NC 27705
Corporate Housing
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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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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 $799. Dupont Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Monarch ApartmentsMonarch - StudioStudio,1BA$799
Dupont CircleThe Brightleaf 6001BR,1BA$840
Community Room Rental – DurhamDillard (Inside Unit) - 1st floor - Suite A1BR,1BA$840
2006 House AveStudioStudio,1BA$850
The ForestThe Willow IStudio,1BA$865
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
Barclay Apartments1 Beds, 1 Baths1BR,1BA$895
Regency Place Apartments1 Bedroom 1 Bathroom1BR,1BA$899
Crossings @ 501 ApartmentsCreekview Classic - Call for Availability1BR,1BA$900
Reserve @ Blu Townhomes1x1 Standard- Call For Availability1BR,1BA$900

Best Value Apartments for Rent in Downtown Durham, NC

As of August 16, 2026 the best value apartment in the Downtown Durham area is the $1.22 price per square foot The Eno 1162 Model at Pickett Square Townhomes in the in the Downtown Durham neighborhood starting from $1,416. The second greatest value Downtown Durham apartment is the 2 bedroom Model at Georgetown Manor starting at $1,395 with a $1.29 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.
Pickett Square TownhomesThe Eno 11622BR,2.5BA$1.22
Georgetown Manor2 bedroom2BR,1.5BA$1.29
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.03
Element at CreeksideTwo Bed/Two Bath 1058 sq. ft.2BR,2BA$1.32
Chapel Tower - Students save up to 10%!Duke2BR,1.5BA$1.27
Stonewood ApartmentsBirchwood2BR,1BA$1.33
Rolling Hills ApartmentsRH 2B 1B2BR,1BA$1.21
Anderson Apartments1 Bedroom1BR,1BA$1.28
Regency Place Apartments1 BEDROOM & 1 BATH1BR,1BA$1.24
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.32

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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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 $900.

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

The cheapest apartment in Downtown Durham is Dupont Circle which is listed at $840, while the average apartment in Downtown Durham costs $1,695.

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 446 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 $621 which is $1,074 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

decorative image for Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham article

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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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.