Cheap Homes for Rent in Durham, NC from $500 (120 Rentals)

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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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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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Durham, NC Local Guide

Cheapest Neighborhoods for Apartments in Durham, NC

Pricing Updated: 12/12/2025

Current apartment rentals in the Durham, NC area range in price from $450 to $13,475 with an overall median price of $3,057. The three Durham neighborhoods with the lowest median rent pricing are Northgate at $749, Croasdaile Farm at $749, and Plum Street at $1,030. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Durham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Northgate$1,500$74940
Croasdaile Farm$1,575$749132
Plum Street$1,595$1,0304
Davenport$1,600$1,10010
Wynngate$1,600$1,10010
Croasdaile$1,660$774304
UNC at Chapel Hill$1,703$895219
Clearwater Lake$1,737$849259
Cardinal Lake$1,742$774117
Ed Cook$1,750$450300

Cheapest Available Durham Apartments for Rent

 

The cheapest available apartment rental in Durham, NC is a Studio unit found at Vivo Living Durham in the Downtown Durham neighborhood priced from $774. Dupont Circle in the Downtown Durham neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $812. Here is today’s list of the most affordable Durham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Vivo Living DurhamCARO-A - The Carolinas AStudio,1BA$774
Dupont CircleThe Brightleaf 5251BR,1BA$812
ShadowoodThe Oak1BR,1BA$834
Vivo Living Forest HillsSTDO - StudioStudio,1BA$839
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$839
Lenox EastThe Brightleaf 6501BR,1BA$874
The Oaks at NorthgateThe Magnolia1BR,1BA$875
Avalon EastThe Brightleaf 6501BR,1BA$879
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$895
South Point1 Bedroom 1 Bathoom1BR,1BA$899

Best Value Apartments for Rent in Durham, NC

As of December 12, 2025 the best value apartment in the Durham area is the $1.17 price per square foot Two Bedroom Townhome Model at Fairgate in the in the Two Courts neighborhood starting from $1,465. The second greatest value Durham apartment is the The Eno 1250 Model at Lochridge starting at $1,403 with a $1.14 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
FairgateTwo Bedroom Townhome2BR,2.5BA$1.17
LochridgeThe Eno 12502BR,2.5BA$1.14
Holly HillTwo Bedroom 1.5 Bath2BR,1.5BA$1.18
Shortbread LoftsC13BR,3BA$0.94
MAA Research ParkB52BR,2BA$1.18
Taylor's PondThe Eno 11622BR,2.5BA$1.14
Rippling Stream Townhomes2x1.52BR,1.5BA$1.11
AvenBirch2BR,1.5BA$1.19
Triangle PlaceThe Willow Renovated1BR,1BA$1.15
Viceroy ApartmentsVR 2x12BR,1BA$1.19

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
Durham, NC

Ranked #3

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Durham, NC Rentals by Map

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See the most popular apartments and homes in Durham, NC

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Durham, NC Apartments Map
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Durham, NC Rental Homes Map

Frequently Asked Questions about Durham

What type of rentals are currently available in Durham?

There are currently 855 Apartments for Rent in Durham, NC with pricing that ranges from $450 to $12,000. There are also 735 Single Family Homes for rent, Condos, and Townhome rentals currently available in Durham ranging from $550 to $6,950.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Durham ranges from $550 to $6,950 with an average monthly rent of $2,974.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Durham range from $1,110 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,375 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,650 and Four Bedroom Apartments start at $1,095.

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!