
Cheap Homes for Rent in the Downtown Neighborhood of Fayetteville, NC from $1,200 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown area of Fayetteville.


445 Ames St, Unit A

712 North St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

211 B St

549 Stevens St

Furnished Studio-Fayetteville
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

206 Fountainhead 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 | $1,497 | $1,200 | $1,795 |
| Downtown 3 Bedroom Homes for Rent | $1,475 | $1,250 | $1,700 |
Browse Homes for Rent in this Neighborhood
There are currently 7 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 3 Beds unit found at 713 North St priced from $1,050. Carolina Pines has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,095. Here are the most affordable Downtown apartments for rent in Fayetteville, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 713 North St | 3 Beds, 1.5 Baths | 3BR,1BA | $1,050 |
| Carolina Pines | Ponderosa Pine 2 Bedroom 2 Bath | 2BR,2BA | $1,095 |
| Morganton Arms Apartments | 2 Bedroom Classic, screened porch | 2BR,2BA | $1,195 |
Best Value Apartments for Rent in Downtown, NC
As of July 23, 2026 the best value apartment in the Downtown area is the $1.14 price per square foot 2 Bedroom Most Modern, Porch Model at Morganton Arms Apartments in the in the Lockwood neighborhood starting from $1,349. The second greatest value Downtown apartment is the Whistling Pine 2 Bedroom 1Bath Model at Carolina Pines starting at $1,116 with a $1.24 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. |
|---|---|---|---|
| Morganton Arms Apartments | 2 Bedroom Most Modern, Porch | 2BR,2BA | $1.14 |
| Carolina Pines | Whistling Pine 2 Bedroom 1Bath | 2BR,1BA | $1.24 |
| The Residences at the Prince Charles | The Mumford | 1BR,1BA | $2.14 |
Frequently Asked Questions about Downtown
What type of rentals are currently available in Downtown?
There are currently 56 Apartments for Rent in Downtown, NC with pricing that ranges from $750 to $3,766. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown ranging from $1,200 to $1,795.
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 $1,200 to $1,795 with an average monthly rent of $1,486.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.