Cheap Homes for Rent in Durham, NC from $500 (125 Rentals)

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

property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700
Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Soon

108 Pine St

CarrboroNC27510
property at 303 Smith Level Rd

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550
Total Monthly Price
$550

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit A23

303 Smith Level Rd
Chapel HillNC27516

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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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Durham, NC Local Guide

Cheapest Neighborhoods for Apartments in Durham, NC

Pricing Updated: 07/30/2026

Current apartment rentals in the Durham, NC area range in price from $815 to $15,905 with an overall median price of $2,901. The three Durham neighborhoods with the lowest median rent pricing are Northgate at $899, Tuscaloosa-Lakewood at $850, and Ed Cook at $850. 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$1,449$89944
Tuscaloosa-Lakewood$1,599$85022
Ed Cook$1,650$850176
Stone Hill$1,650$900138
Cardinal Lake$1,652$899179
Latta Road$1,652$900147
Latta Woods$1,652$900156
Weaver$1,652$99999
Greysons Green$1,668$900164
Auburn$1,690$950265

Cheapest Available Durham Apartments for Rent

 

The cheapest available apartment rental in Durham, NC is a Studio unit found at Monarch Apartments in the Downtown Durham neighborhood priced from $799. Community Room Rental – Durham in the Fayetteville Street Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $840. Here is today’s list of the most affordable Durham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monarch ApartmentsMonarch - StudioStudio,1BA$799
Community Room Rental – DurhamDillard (Inside Unit) - 1st floor - Suite A1BR,1BA$840
2006 House AveStudioStudio,1BA$850
Icon Downtown DurhamA1 Studio C Standard -Call for AvailabilityStudio,1BA$875
Barclay Apartments1 Beds, 1 Baths1BR,1BA$895
The Oaks at NorthgateThe Oak2BR,1BA$899
Strawberry Hill Apartments1 Bed 1 Bath1BR,1BA$900
Reserve @ Blu Townhomes1x1 Standard- Call For Availability1BR,1BA$900
Crystal VillageEmerald1BR,1BA$949
Crossings @ 501 ApartmentsCreekview Semi-Upgraded - Call for Availability1BR,1BA$950

Best Value Apartments for Rent in Durham, NC

As of July 30, 2026 the best value apartment in the Durham area is the $1.02 price per square foot Chestnut Model at NightStar Village in the in the South Durham neighborhood starting from $2,549. The second greatest value Durham apartment is the C4T Model at Avalon Townhomes Brier Creek starting at $2,572 with a $1.08 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.
NightStar VillageChestnut3BR,2.5BA$1.02
Avalon Townhomes Brier CreekC4T3BR,3.5BA$1.08
Bexley at Carpenter VillageSavannah3BR,2BA$1.10
Braxton at Brier CreekC13BR,2BA$1.21
Southpoint Estate ApartmentsC1 - The Madison3BR,2BA$1.23
Ashley Park ApartmentsOne Bedroom Apartment Homes1BR,1BA$1.04
Pickett Square TownhomesThe Eno 11622BR,2.5BA$1.24
ReNew DurhamChesapeake2BR,2BA$1.21
Featherstone VillageTwo Bedroom (sunroom optional)2BR,2BA$1.22
Foxridge ApartmentsTwo Bedroom Two Bathroom 45%2BR,2BA$1.21

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

Explore Durham, NC Rentals by Map

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Frequently Asked Questions about Durham

What type of rentals are currently available in Durham?

There are currently 890 Apartments for Rent in Durham, NC with pricing that ranges from $815 to $9,122. There are also 664 Single Family Homes for rent, Condos, and Townhome rentals currently available in Durham ranging from $550 to $5,850.

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 $5,850 with an average monthly rent of $2,068.

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 $1,300 to $9,122, while Three Bedroom Homes, Condos, and Townhomes for rent range from $750 to $4,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,310.

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

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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

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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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