
Cheap Apartments for Rent in the Capital District Raleigh, NC from $800 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Capital District area of Raleigh.


801 Devereux St

The L Apartments

Total Monthly Price
Elan City Center

The Apartments at St. Mary's

Total Monthly Price
The Devon Four25

Link Apartments® Glenwood South

511 Faye
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.

Total Monthly Price
The Lincoln

Total Monthly Price
The Gramercy

Oldham & Worth

Platform

Total Monthly Price
The Point

715 Ellington St

MAA Hue

The Edison Lofts Apartments
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.

The Metropolitan

Total Monthly Price
Cortland Glenwood South

Total Monthly Price
The Signal

Total Monthly Price
The Miles

Total Monthly Price
The Dillon

712 Tucker

Total Monthly Price
Alexan Moto

Total Monthly Price
400H
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Total Monthly Price
Maeve

Carlton Place Apartments

Magnolia Square

200 E Edenton St

The Acorn on Person Street

The Line

508 S Person St

Capital Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

616 N Boylan Ave, Unit 520

Revisn - Furnished Apartments
Capital District, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Capital District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capital District Studio Apartments | $1,481 | $944 | $2,139 |
| Capital District 1 Bedroom Apartments | $1,935 | $989 | $6,450 |
| Capital District 2 Bedroom Apartments | $2,885 | $1,345 | $7,438 |
| Capital District 3 Bedroom Apartments | $3,432 | $1,594 | $7,449 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Capital District Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Capital District, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Capital District Apartments for Rent
 The cheapest available apartment rental in the Capital District area of Raleigh, NC is a Studio unit found at Skyhouse Raleigh priced from $1,160. The L Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,200. Here are the most affordable Capital District apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Skyhouse Raleigh | S2 | Studio,1BA | $1,160 |
| The L Apartments | Hermitage | Studio,1BA | $1,200 |
| The Acorn on Person Street | Lee | Studio,1BA | $1,204 |
| The Devon Four25 | A101 | Studio,1BA | $1,232 |
| 511 Faye | Studio-S-13 | Studio,1BA | $1,253 |
| The Line | Express | Studio,1BA | $1,268 |
| Link Apartments® Glenwood South | S1m1 | Studio,1BA | $1,286 |
| Oldham & Worth | Birch | Studio,1BA | $1,295 |
| The Gramercy | Chelsea | Studio,1BA | $1,295 |
| Elan City Center | A2 | Studio,1BA | $1,298 |
Best Value Apartments for Rent in Capital District, NC
As of June 01, 2026 the best value apartment in the Capital District area is the $1.58 price per square foot Townhouse 4 Model at The Edison Lofts Apartments in the in the Blount Street neighborhood starting from $2,590. The second greatest value Capital District apartment is the The Newton Model at The Lincoln starting at $1,774 with a $1.80 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Capital District apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Edison Lofts Apartments | Townhouse 4 | 2BR,2.5BA | $1.58 |
| The Lincoln | The Newton | 2BR,2BA | $1.80 |
| Skyhouse Raleigh | A9 | 1BR,1BA | $2.53 |
| Elan City Center | B1-3 | 1BR,1BA | $2.30 |
| The Apartments at St. Mary's | A7 | 1BR,1BA | $2.13 |
| MAA Hue | Yellow | Studio ,1BA | $2.06 |
| The Devon Four25 | A101 | Studio ,1BA | $2.10 |
| The Metropolitan | Sidecar | Studio ,1BA | $2.45 |
| The Gramercy | Chelsea | Studio ,1BA | $2.40 |
| The Acorn on Person Street | Lee | Studio ,1BA | $2.38 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleCapital District, Raleigh, NC
Ranked #54
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Capital District Apartments
What is the Cheapest Studio apartment in Capital District?
Currently the most affordable Cheap Studio Apartment in Capital District is at Skyhouse Raleigh listed at $1,160.
How much is rent for a Cheap One Bedroom Capital District Apartment?
The lowest price for a Cheap One Bedroom Capital District Apartment is $1,380 at The Acorn on Person Street.
What is the lowest price for a Cheap Two Bedroom Capital District Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Capital District is starting from $1,774 at The Lincoln.
What is the most affordable Capital District Three Bedroom Apartment?
The best deal on a cheap Capital District Three Bedroom Apartment rental is at Skyhouse Raleigh and starts from $2,019.
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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
Written by: Chris Munier
Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
Written by: Chris Munier
Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
Written by: Chris Munier
Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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.