Cheap Apartments for Rent in the Capital District Raleigh, NC from $800 (26 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Capital District area of Raleigh.

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Skyhouse Raleigh
Rent Specials
$963 - $2,634
Total Monthly Price

Total Monthly Price

Base Rent
$927 - $2,598
Required Monthly Fees
$36

Total Monthly Price
$963 - $2,634
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
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The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,245
Required Monthly Fees
$45

Total Monthly Price
$1,295 - $2,290
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
Furnished
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  • 3D Tour

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.

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The Dillon
Rent Specials
$1,399 - $3,229
Total Monthly Price

Total Monthly Price

Base Rent
$1,230 - $3,060
Required Monthly Fees
$169

Total Monthly Price
$1,399 - $3,229
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
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The Metropolitan
$1,310 - $3,479
Total Monthly Price

Total Monthly Price

Base Rent
$1,276 - $3,445
Required Monthly Fees
$34

Total Monthly Price
$1,310 - $3,479
Studio to 2 Bedroom Apartments Available Now

The Metropolitan

314 W Jones StRaleigh, NC 27603
Student Housing
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The Miles
Rent Specials
$1,406 - $5,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,314 - $4,910
Required Monthly Fees
$92

Total Monthly Price
$1,406 - $5,002
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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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.

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The Point
Rent Specials
$1,366 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,272 - $3,090
Required Monthly Fees
$94

Total Monthly Price
$1,366 - $3,184
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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Elan City Center
Rent Specials
$1,384 - $3,041
Total Monthly Price

Total Monthly Price

Base Rent
$1,319 - $2,976
Required Monthly Fees
$65

Total Monthly Price
$1,384 - $3,041
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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The Signal
Rent Specials
$1,400 - $5,474
Total Monthly Price

Total Monthly Price

Base Rent
$1,309 - $5,383
Required Monthly Fees
$91

Total Monthly Price
$1,400 - $5,474
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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The Devon Four25
Rent Specials
$1,483 - $3,834
Total Monthly Price

Total Monthly Price

Base Rent
$1,442 - $3,793
Required Monthly Fees
$41

Total Monthly Price
$1,483 - $3,834
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
Pet Friendly
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

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.

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The Line
Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603

Cheapest Available Capital District Apartments for Rent

 

The cheapest available apartment rental in the Capital District area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $949. The Acorn on Person Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,099. Here are the most affordable Capital District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$949
The Acorn on Person StreetLeeStudio,1BA$1,099
The Apartments at St. Mary'sS3Studio,1BA$1,175
The LincolnThe Hub StudioStudio,1BA$1,239
The LineExpressStudio,1BA$1,242
Skyhouse RaleighS2Studio,1BA$1,253
The GramercyChelseaStudio,1BA$1,295
The Edison Lofts Apartments1 Bedroom 1 Bath A11BR,1BA$1,335
511 FayeStudio-S-07Studio,1BA$1,346

Best Value Apartments for Rent in Capital District, NC

As of March 03, 2026 the best value apartment in the Capital District area is the $1.32 price per square foot 200 South Dawson Street Model at 200 South Dawson Street, Unit 112 in the in the Blount Street neighborhood starting from $1,795. The second greatest value Capital District apartment is the Penthouse 1 Model at The Edison Lofts Apartments starting at $2,105 with a $2.28 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 ListingModel NameBed/BathPrice Per Sq.Ft.
200 South Dawson Street, Unit 112200 South Dawson Street2BR,2BA$1.32
The Edison Lofts ApartmentsPenthouse 11BR,1BA$2.28
The MetropolitanSwordfish1BR,1BA$2.28
The Devon Four25A1031BR,1BA$2.22
801 Glenwood Ave, Unit 0801 Glenwood Ave1BR,1BA$1.86
Elan City CenterA2Studio ,1BA$2.33
Link Apartments® Glenwood SouthA21BR,1BA$2.31
The Apartments at St. Mary'sS3Studio ,1BA$2.21
The Acorn on Person StreetLeeStudio ,1BA$2.18
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.90

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 The Acorn on Person Street listed at $1,099.

How much is rent for a Cheap One Bedroom Capital District Apartment?

The lowest price for a Cheap One Bedroom Capital District Apartment is $949 at Capital Flats & Magnolia Square Apartments.

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 $1,704 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 $2,095.

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

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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.

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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.

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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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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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.