Cheap Homes for Rent in Northeast Central Durham Neighborhood of Durham, NC from $400 (18 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northeast Central Durham 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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property at 404 Formosa Ave

$780 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $925
Total Monthly Price
$780 - $925

1 Bedroom, 1 Bath Home for Rent

Available Now

404 Formosa Ave

DurhamNC27707

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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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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Showing Results 1-18, Page 1 of 1

Northeast Central Durham, Durham, NC Local Guide

Cheapest Available Northeast Central Durham Apartments for Rent

 

The cheapest available apartment rental in the Northeast Central Durham area of Durham, NC is a 1 Bed unit found at Private Room with Walk-In Closet – Utilities & WiFi Included priced from $800. The Ramsey has the second lowest priced unit, which is a Studio apartment currently listed from $1,280. Here are the most affordable Northeast Central Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Private Room with Walk-In Closet – Utilities & WiFi IncludedDillard (Inside Unit) - 1st floor - Suite A1BR,1BA$800
The RamseyS1BStudio,1BA$1,280
1107 Dayton St1107 2 Story2BR,1BA$1,350
Maizon DurhamS1Studio,1BA$1,525
The Lofts at Southside Apartments2 Bedroom Loft2BR,1BA$1,559

Best Value Apartments for Rent in Northeast Central Durham, NC

As of May 24, 2026 the best value apartment in the Northeast Central Durham area is the $2.65 price per square foot Fortuna Model at One City Center Apartments in the in the Fayetteville Street Corridor neighborhood starting from $4,262. The second greatest value Northeast Central Durham apartment is the 3A Model at Concord Village starting at $2,260 with a $1.96 price per square foot in the Fayetteville Street Corridor neighborhood. Here is today’s list of the best values for Northeast Central Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
One City Center ApartmentsFortuna2BR,2BA$2.65
Concord Village3A3BR,1.5BA$1.96
The Lofts at Southside Apartments2 Bedroom Townhouse2BR,1BA$1.63
Liberty WarehouseC32BR,2BA$2.33
807 E Main StNon-Patio1BR,1BA$1.70
American Tobacco Apartments (Old Bull/Noell)Old Bull 2x12BR,1BA$2.27
912 Calvin St, Unit A912 Calvin St2BR,1BA$1.71
Lantower BullhouseA2.11BR,1BA$2.80
Maizon DurhamS1Studio ,1BA$2.75
The RamseyS1BStudio ,1BA$2.39

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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Pet Friendly Lifestyle
Northeast Central Durham, Durham, NC

Ranked #55

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Northeast Central Durham

What type of rentals are currently available in Northeast Central Durham?

There are currently 98 Apartments for Rent in Northeast Central Durham, NC with pricing that ranges from $750 to $7,343. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Central Durham ranging from $445 to $3,750.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Central Durham ranges from $445 to $3,750 with an average monthly rent of $2,081.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Central Durham range from $1,650 to $7,343, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,995 and Four Bedroom Apartments start at $2,521.

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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.