
Cheap Apartments for Rent in the Downtown Fayetteville Neighborhood of Fayetteville, NC from $800 (4 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Fayetteville area of Fayetteville.


311-345 Hay St
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.

Adam Street Apartments

Unbridled Senior Living
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.
Downtown Fayetteville, Fayetteville, NC Local Guide

How much does it cost to rent an apartment in Downtown Fayetteville?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Fayetteville Studio Apartments | $1,349 | $1,349 | $1,349 |
| Downtown Fayetteville 1 Bedroom Apartments | $1,272 | $850 | $1,695 |
| Downtown Fayetteville 2 Bedroom Apartments | $1,190 | $875 | $1,745 |
| Downtown Fayetteville 3 Bedroom Apartments | $1,300 | $1,300 | $1,300 |
Browse Apartments in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Downtown Fayetteville Neighborhood of Fayetteville, NC.
See all Apartments in FayettevilleExplore Fayetteville
Best Value Apartments for Rent in Downtown Fayetteville, NC
As of May 01, 2026 the best value apartment in the Downtown Fayetteville area is the $1.06 price per square foot 217 Scott Ave Model at 217 Scott Ave, Unit B in the in the Downtown neighborhood starting from $950. The second greatest value Downtown Fayetteville apartment is the 221 Scott Ave Model at 221 Scott Ave, Unit A starting at $850 with a $1.21 price per square foot in the Downtown neighborhood. Here is today’s list of the best values for Downtown Fayetteville apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 217 Scott Ave, Unit B | 217 Scott Ave | 2BR,1BA | $1.06 |
| 221 Scott Ave, Unit A | 221 Scott Ave | 1BR,1BA | $1.21 |
| The Residences at the Prince Charles | The Mumford | 1BR,1BA | $2.55 |
Frequently Asked Questions about Cheap Downtown Fayetteville Apartments
What is the lowest price for a Cheap Two Bedroom Downtown Fayetteville Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Fayetteville is starting from $1,745 at The Residences at the Prince Charles.
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

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.

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.

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.