Cheap Apartments for Rent in the Duke University Neighborhood of Durham, NC from $500 (27 Rentals)

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

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

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2211 Pike Street, Unit B
$1,350
Total Monthly Price

Total Monthly Price

Base Rent
$1,350
Total Monthly Price
$1,350
2 Bedroom Apartment Available Now

2211 Pike Street, Unit B

2211 Pike StreetDurham, NC 27707
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University Commons - Durham
Studio to 2 Bedroom Apartments

University Commons - Durham

1505 Duke University RdDurham, NC 27701
Student Housing
  • Utilities Included
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University Commons
Studio to 2 Bedroom Apartments

University Commons

801-804 Underwood AveDurham, NC 27701
  • Utilities Included

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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Montego
1 Bedroom Apartments

Montego

1901 Morehead AveDurham, NC 27707
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Dupont Circle
1 Bedroom Apartments

Dupont Circle

500 Dupont DrDurham, NC 27705
  • Utilities Included

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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2211 Morehead Ave
2 to 3 Bedroom Apartments

2211 Morehead Ave

2211 Morehead AveDurham, NC 27707
Furnished
  • Smoke Free
Showing Results 1-27, Page 1 of 1

Duke University, Durham, NC Local Guide

Cheapest Available Duke University Apartments for Rent

 

The cheapest available apartment rental in the Duke University area of Durham, NC is a Studio unit found at Icon Downtown Durham priced from $875. Duke Manor- Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $955. Here are the most affordable Duke University apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
Duke Manor- Students save up to 10%!Arthur1BR,1BA$955
2006 House AveThe Davis1BR,1BA$975
Viceroy ApartmentsVR 2x12BR,1BA$999
Dupont CircleThe Brightleaf 750 - Duplex1BR,1BA$1,022
Poplar West ApartmentsStudioStudio,1BA$1,035
Chapel Tower - Students save up to 10%!Carolina2BR,1BA$1,085
Barclay Apartments1 Beds, 1 Baths1BR,1BA$1,095
LaSalle Pointe ApartmentsThe Brightleaf 7001BR,1BA$1,096
ReNew West DurhamAugusta1BR,1BA$1,219

Best Value Apartments for Rent in Duke University, NC

As of July 02, 2026 the best value apartment in the Duke University area is the $1.51 price per square foot The Trent Model at The Belmont in the in the Downtown Durham neighborhood starting from $1,675. The second greatest value Duke University apartment is the Two Bedroom 1.5 Bath Model at Holly Hill starting at $1,400 with a $1.27 price per square foot in the Downtown Durham neighborhood. Here is today’s list of the best values for Duke University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BelmontThe Trent2BR,2BA$1.51
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.27
Erwin Terrace ApartmentsAmber Suite2BR,2BA$1.71
Chapel Tower - Students save up to 10%!Duke2BR,1.5BA$1.22
Trinity Properties - Campus Walk2 bedroom/1 bath2BR,1BA$1.47
Viceroy ApartmentsVR 2x12BR,1BA$1.19
Poplar ManorTwo Bedroom2BR,1BA$1.54
Dupont CircleThe Brightleaf 750 - Duplex1BR,1BA$1.36
LaSalle Pointe ApartmentsThe Brightleaf 7401BR,1BA$1.75
2006 House AveThe Davis1BR,1BA$1.77

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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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities and towns, and rental properties across North Carolina and customized analysis for Central Durham, NC. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Duke University Apartments

What is a cheap apartment in Duke University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Duke University is under $1,219.

What is the price of a cheap apartment in Duke University?

The cheapest apartment in Duke University is Icon Downtown Durham which is listed at $900, while the average apartment in Duke University costs $3,910.

What types of apartments are the cheapest in Duke University?

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 261 regular apartments in Duke University 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 Duke University?

Cheap apartments in Duke University have an average cost of $812 which is $3,098 cheaper than the average rent for all rentals in Duke University.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.