Cheap Homes for Rent in Downtown Durham Neighborhood of Durham, NC from $400 (51 Rentals)

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

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

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 844 Horton Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800
Total Monthly Price
$800

2 Bedroom, 1.5 Bath Townhome for Rent

Available May 15

844 Horton Rd, Unit 59A

844 Horton Rd
DurhamNC27704

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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property at 1424 Scholar Dr

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950
Total Monthly Price
$950

1 Bedroom, 1 Bath Townhome for Rent

Available Now

1424 Scholar Dr

DurhamNC27703

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 507 N Guthrie Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

507 N Guthrie Ave, Unit B

507 N Guthrie Ave
DurhamNC27703
property at 600 S Duke St

$1,100 - $1,575

Studio To 1 Bedroom Rentals

Available Now

600 S Duke St

DurhamNC27701

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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property at 1404 Manteo St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

2 Bedroom, 1 Bath Condo for Rent

Available Now

1404 Manteo St

DurhamNC27701

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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Showing Results 1-50, Page 1 of 2

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 Ivy Creek priced from $799. Vivo Living Durham has the second lowest priced unit, which is a Studio apartment currently listed from $820. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$799
Vivo Living DurhamCARO-B - The Carolinas - BStudio,1BA$820
Mission University PinesA11BR,1BA$872
Lenox EastThe Brightleaf 6501BR,1BA$873
Community Room Rental – DurhamPrivate Room & Walk-in Closet - Utilities & Wif...1BR,1BA$875
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
Avalon EastThe Brightleaf 6501BR,1BA$879
The Oaks at NorthgateThe Oak2BR,1BA$899
South Point1 Bedroom 1 Bathoom1BR,1BA$899
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900

Best Value Apartments for Rent in Downtown Durham, NC

As of April 06, 2026 the best value apartment in the Downtown Durham area is the $1.27 price per square foot Maverick Model at Braxton Townhomes in the in the Fayetteville Street Corridor neighborhood starting from $1,975. The second greatest value Downtown Durham apartment is the The Eno 1162 Model at Taylor's Pond starting at $1,429 with a $1.23 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$1.27
Taylor's PondThe Eno 11622BR,2.5BA$1.23
Georgetown Manor2 bedroom2BR,1.5BA$1.29
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.23
Monarch ApartmentsMonarch - 2 bed (without W/D units)2BR,2BA$1.15
Crossdale FlatsB12BR,1BA$1.26
Trinity Properties - Campus Walk2 bedroom/1 bath2BR,1BA$1.24
Viceroy ApartmentsVR 2x12BR,1BA$1.19
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.30
South Point1 Bedroom 1 Bathoom1BR,1BA$1.28

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

Frequently Asked Questions about Downtown Durham

What type of rentals are currently available in Downtown Durham?

There are currently 514 Apartments for Rent in Downtown Durham, NC with pricing that ranges from $795 to $7,394. There are also 234 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Durham ranging from $495 to $4,800.

What is the current price range for Rental Homes in Downtown Durham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Durham ranges from $495 to $4,800 with an average monthly rent of $2,324.

How much are larger Three and Four Bedroom Rentals in Downtown Durham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Durham range from $1,300 to $7,394, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $3,600. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,700.

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 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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.