Cheap Apartments for Rent in the Capital District Raleigh, NC from $800 (34 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Skyhouse Raleigh
Rent Specials
$944 - $2,674
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $2,674

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Elan City Center
Rent Specials
$1,211 - $3,360
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,360

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Devon Four25
Rent Specials
$1,232 - $4,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,232 - $4,772

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

close
View Me
The Lincoln
Rent Specials
$1,261 - $2,327
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $2,327

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,290

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Point
$1,339 - $3,246
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $3,246

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
  • Verified
  • Customer Reviewed

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.

close
View Me
Cortland Glenwood South
Rent Specials
$1,377 - $10,225
Total Monthly Price

Total Monthly Price

Base Rent
$1,377 - $10,225

Total Monthly Price
$1,377 - $10,225
Studio to 3 Bedroom Apartments Available Now

Cortland Glenwood South

417 W Peace StRaleigh, NC 27603
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Signal
Rent Specials
$1,400 - $5,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $5,040

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Miles
Rent Specials
$1,403 - $5,794
Total Monthly Price

Total Monthly Price

Base Rent
$1,403 - $5,794

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Dillon
Rent Specials
$1,419 - $3,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $3,904

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Alexan Moto
Rent Specials
$1,479 - $2,964
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $2,964

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
400H
Rent Specials
$1,485 - $4,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $4,345

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

close
View Me
Maeve
Rent Specials
$1,709 - $5,969
Total Monthly Price

Total Monthly Price

Base Rent
$1,709 - $5,969

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Maeve

319 W Lenoir StRaleigh, NC 27601
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Magnolia Square
1 Bedroom Apartments

Magnolia Square

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

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included
close
View Me
The Line
Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
close
View Me
Capital Apartments
1 to 2 Bedroom Apartments

Capital Apartments

127 New Bern PlRaleigh, NC 27601
Student Housing
  • Utilities Included

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.

property at 616 N Boylan Ave

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

1 Bedroom, 2 Bath Condo for Rent

Available Now

616 N Boylan Ave, Unit 520

616 N Boylan Ave
RaleighNC27603

Capital District, Raleigh, NC Local Guide

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 ListingModel NameBed/BathPriced From
Skyhouse RaleighS2Studio,1BA$1,160
The L ApartmentsHermitageStudio,1BA$1,200
The Acorn on Person StreetLeeStudio,1BA$1,204
The Devon Four25A101Studio,1BA$1,232
511 FayeStudio-S-13Studio,1BA$1,253
The LineExpressStudio,1BA$1,268
Link Apartments® Glenwood SouthS1m1Studio,1BA$1,286
Oldham & WorthBirchStudio,1BA$1,295
The GramercyChelseaStudio,1BA$1,295
Elan City CenterA2Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Edison Lofts ApartmentsTownhouse 42BR,2.5BA$1.58
The LincolnThe Newton2BR,2BA$1.80
Skyhouse RaleighA91BR,1BA$2.53
Elan City CenterB1-31BR,1BA$2.30
The Apartments at St. Mary'sA71BR,1BA$2.13
MAA HueYellowStudio ,1BA$2.06
The Devon Four25A101Studio ,1BA$2.10
The MetropolitanSidecarStudio ,1BA$2.45
The GramercyChelseaStudio ,1BA$2.40
The Acorn on Person StreetLeeStudio ,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 Article
Decorative image

Top 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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Capital District, Raleigh, NC

Ranked #54

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.