Cheap Apartments for Rent in the Downtown Neighborhood of Fayetteville, NC from $800 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown area of Fayetteville.

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Cheapest Available Downtown Apartments for Rent

 

The cheapest available apartment rental in the Downtown area of Fayetteville, NC is a 1 Bed unit found at Oakridge priced from $850. Residences at Haymount has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable Downtown apartments for rent in Fayetteville, NC:

Apartment ListingModel NameBed/BathPriced From
Oakridge1BR/1.0BA1BR,1BA$850
Residences at Haymount1BR/1.0BA1BR,1BA$875
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$950
Lake Clair ApartmentsClassic Lake Side1BR,1BA$1,025
Carolina PinesPonderosa Pine 2 Bedroom 2 Bath2BR,2BA$1,062

Best Value Apartments for Rent in Downtown, NC

As of January 24, 2026 the best value apartment in the Downtown area is the $1.32 price per square foot Eastern Pine 2 Bedroom 2 Bath Model at Carolina Pines in the in the Lockwood neighborhood starting from $1,350. The second greatest value Downtown apartment is the Two Bedroom Model at Haymount Historic Apartments starting at $950 with a $0.95 price per square foot in the Lockwood neighborhood. Here is today’s list of the best values for Downtown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Carolina PinesEastern Pine 2 Bedroom 2 Bath2BR,2BA$1.32
Haymount Historic ApartmentsTwo Bedroom2BR,1BA$0.95
Morganton Arms Apartments1 Bedroom Classic, screened porch1BR,1BA$1.26
The Residences at the Prince CharlesThe Maiden2BR,2BA$2.02
217 Scott Ave, Unit B217 Scott Ave2BR,1BA$1.11
Residences at Haymount1BR/1.0BA1BR,1BA$1.07
Lake Clair ApartmentsClassic Lake Side1BR,1BA$1.26
221 Scott Ave, Unit A221 Scott Ave1BR,1BA$1.21
Oakridge1BR/1.0BA1BR,1BA$1.38

Frequently Asked Questions about Cheap Downtown Apartments

What is the price of a cheap apartment in Downtown?

The cheapest apartment in Downtown is Oakridge which is listed at $850, while the average apartment in Downtown costs $3,656.

What types of apartments are the cheapest in Downtown?

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 2 regular apartments in Downtown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

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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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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

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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.