
Cheap Apartments for Rent in the Downtown Neighborhood of Fayetteville, NC from $800 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Fayetteville.


221 Scott Ave, Unit A

Highland at Haymount

Residences at Haymount

1122 Morgan St
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1122 Morgan St

1122 Morgan St

Haymount Historic Apartments

124 Bow St

217 Scott Ave, Unit B
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Lake Clair Apartments

Carolina Pines

The Residences at the Prince Charles

Furnished Studio-Fayetteville

Morganton Arms Apartments
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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.

422 Adam St

868 W Orange St
Downtown, Fayetteville, NC Local Guide

How much does it cost to rent an apartment in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Studio Apartments | $1,092 | $1,075 | $1,109 |
| Downtown 1 Bedroom Apartments | $949 | $850 | $1,215 |
| Downtown 2 Bedroom Apartments | $1,300 | $950 | $1,825 |
| Downtown 3 Bedroom Apartments | $2,024 | $1,495 | $2,953 |
| Downtown 4 Bedroom Apartments | $3,656 | $3,656 | $3,656 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Fayetteville, NC.
See all Apartments in FayettevilleExplore Fayetteville
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakridge | 1BR/1.0BA | 1BR,1BA | $850 |
| Residences at Haymount | 1BR/1.0BA | 1BR,1BA | $875 |
| Haymount Historic Apartments | Two Bedroom | 2BR,1BA | $950 |
| Lake Clair Apartments | Classic Lake Side | 1BR,1BA | $1,025 |
| Carolina Pines | Ponderosa Pine 2 Bedroom 2 Bath | 2BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Carolina Pines | Eastern Pine 2 Bedroom 2 Bath | 2BR,2BA | $1.32 |
| Haymount Historic Apartments | Two Bedroom | 2BR,1BA | $0.95 |
| Morganton Arms Apartments | 1 Bedroom Classic, screened porch | 1BR,1BA | $1.26 |
| The Residences at the Prince Charles | The Maiden | 2BR,2BA | $2.02 |
| 217 Scott Ave, Unit B | 217 Scott Ave | 2BR,1BA | $1.11 |
| Residences at Haymount | 1BR/1.0BA | 1BR,1BA | $1.07 |
| Lake Clair Apartments | Classic Lake Side | 1BR,1BA | $1.26 |
| 221 Scott Ave, Unit A | 221 Scott Ave | 1BR,1BA | $1.21 |
| Oakridge | 1BR/1.0BA | 1BR,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

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.

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.

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.

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.