Cheap Homes for Rent in Downtown Durham Neighborhood of Durham, NC from $500 (42 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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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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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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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 2145 Charles St

$1,295

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2145 Charles St

DurhamNC27707

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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Showing Results 1-42, Page 1 of 1

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 1 Bed unit found at Dupont Circle priced from $719. Monarch Apartments 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
Dupont CircleThe Brightleaf 6001BR,1BA$719
Monarch ApartmentsMonarch - StudioStudio,1BA$749
Vivo Living DurhamCARO-A - The Carolinas AStudio,1BA$774
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$839
Lenox EastThe Brightleaf 6501BR,1BA$869
The Oaks at NorthgateThe Magnolia1BR,1BA$875
Willowdaile111BR,1BA$880
Avalon EastThe Brightleaf 6501BR,1BA$888
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 17, 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 Two Bedroom 1.5 Bath Model at Holly Hill starting at $1,450 with a $1.18 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 TownhomesMaverick3BR,2.5BA$1.28
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.18
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$1.22
Trinity Properties - Campus Walk2 bedroom/1 bath2BR,1BA$1.24
Viceroy ApartmentsVR 2x12BR,1BA$1.19
Regency Place Apartments2 Bedroom-1 Bathroom1BR,1BA$1.29
South Point1 Bedroom 1 Bathoom1BR,1BA$1.28

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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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 496 Apartments for Rent in Downtown Durham, NC with pricing that ranges from $700 to $7,304. There are also 256 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Durham ranging from $550 to $6,000.

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 $550 to $6,000 with an average monthly rent of $2,870.

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 $1,348 to $7,304, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $2,796.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!