
Cheap Homes for Rent in Downtown Neighborhood of Fayetteville, NC from $900 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Fayetteville.


414 Adam 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.

712 North St

313 S Racepath St
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.

326 Hawley Ln
Downtown, Fayetteville, NC Local Guide

How much does it cost to rent a home in Downtown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown 2 Bedroom Homes for Rent | $1,318 | $925 | $1,850 |
| Downtown 3 Bedroom Homes for Rent | $1,600 | $1,200 | $2,075 |
| Downtown 4 Bedroom Homes for Rent | $2,790 | $2,790 | $2,790 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Neighborhood of Fayetteville, NC.
Explore 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 Highland at Haymount priced from $855. Oakridge at Haymount has the second lowest priced unit, which is a 1 Bed apartment currently listed from $878. Here are the most affordable Downtown apartments for rent in Fayetteville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Highland at Haymount | 1BR/1.0BA | 1BR,1BA | $855 |
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $878 |
| Haymount Historic Apartments | Two Bedroom | 2BR,1BA | $950 |
Best Value Apartments for Rent in Downtown, NC
As of April 22, 2026 the best value apartment in the Downtown area is the $1.05 price per square foot 2 Bedroom Modern w Porch Model at Morganton Arms Apartments in the in the Lockwood neighborhood starting from $1,395. The second greatest value Downtown apartment is the 514 Orlando St Model at 514 Orlando St, Unit 514 starting at $1,250 with a $1.14 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 Modern w Porch | 2BR,2BA | $1.05 |
| 514 Orlando St, Unit 514 | 514 Orlando St | 2BR,2BA | $1.14 |
| Carolina Pines | Eastern Pine 2 Bedroom 2 Bath | 2BR,2BA | $1.24 |
| Haymount Historic Apartments | Two Bedroom | 2BR,1BA | $0.95 |
| 217 Scott Ave, Unit Unit B | 217 Scott Ave | 2BR,1BA | $1.06 |
| 221 Scott Ave, Unit Unit A | 221 Scott Ave | 1BR,1BA | $1.21 |
| Highland at Haymount | 1BR/1.0BA | 1BR,1BA | $1.22 |
| The Residences at the Prince Charles | The Mumford | 1BR,1BA | $2.55 |
| Oakridge at Haymount | 1BR/1.0BA | 1BR,1BA | $1.43 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 32 Apartments for Rent in Downtown, NC with pricing that ranges from $850 to $5,837. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $925 to $2,790.
What is the current price range for Rental Homes in Downtown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown ranges from $925 to $2,790 with an average monthly rent of $1,902.
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

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.

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.