
Cheap Apartments for Rent in the Downtown Neighborhood of Fayetteville, NC from $800 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown area of Fayetteville.


Morganton Arms Apartments

The Residences at the Prince Charles

Residences at Haymount

Carolina Pines
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.

Lake Clair Apartments

311-345 Hay St

Bryan Street 10

Adam Street Apartments

Unbridled Senior Living
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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 | $1,349 | $1,349 | $1,349 |
| Downtown 1 Bedroom Apartments | $1,092 | $850 | $1,695 |
| Downtown 2 Bedroom Apartments | $1,224 | $950 | $1,745 |
| Downtown 4 Bedroom Apartments | $3,663 | $3,663 | $3,663 |
Browse Apartments in this Neighborhood
There are currently 10 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 at Haymount priced from $878. Haymount Historic Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $950. Here are the most affordable Downtown apartments for rent in Fayetteville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $878 |
| Haymount Historic Apartments | Two Bedroom | 2BR,1BA | $950 |
| Carolina Pines | Whistling Pine 2 Bedroom 1Bath | 2BR,1BA | $1,150 |
Best Value Apartments for Rent in Downtown, NC
As of May 01, 2026 the best value apartment in the Downtown area is the $1.14 price per square foot 2 Bedroom Classic, screened porch Model at Morganton Arms Apartments in the in the Lockwood neighborhood starting from $1,295. The second greatest value Downtown apartment is the 217 Scott Ave Model at 217 Scott Ave, Unit B starting at $950 with a $1.06 price per square foot in the Downtown 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. |
|---|---|---|---|
| Morganton Arms Apartments | 2 Bedroom Classic, screened porch | 2BR,2BA | $1.14 |
| 217 Scott Ave, Unit B | 217 Scott Ave | 2BR,1BA | $1.06 |
| Carolina Pines | Whistling Pine 2 Bedroom 1Bath | 2BR,1BA | $1.34 |
| 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 Apartments
How much is rent for a Cheap One Bedroom Downtown Apartment?
The lowest price for a Cheap One Bedroom Downtown Apartment is $1,198 at Carolina Pines.
What is the lowest price for a Cheap Two Bedroom Downtown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown is starting from $1,150 at Carolina Pines.
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.