Cheap Apartments for Rent in the Capital District Raleigh, NC from $835 (34 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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The Signal
Rent Specials
$1,217 - $4,649
Total Monthly Price

Total Monthly Price

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$1,217 - $4,649

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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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SkyHouse Raleigh
Rent Specials
$1,236 - $2,936
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Total Monthly Price

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$1,236 - $2,936

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Studio to 3 Bedroom Apartments Available Now

SkyHouse Raleigh

308 S Blount StRaleigh, NC 27601
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Elan City Center
Rent Specials
$1,273 - $2,824
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$1,273 - $2,824

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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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511 Faye
Rent Specials
$1,309 - $5,007
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$1,309 - $5,007

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Studio to 2 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
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The Lincoln
Rent Specials
$1,312 - $2,652
Total Monthly Price

Total Monthly Price

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$1,312 - $2,652

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Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
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The Point
$1,363 - $3,364
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Total Monthly Price

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$1,363 - $3,364

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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The Gramercy
Rent Specials
$1,365 - $2,540
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Total Monthly Price

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$1,365 - $2,540

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Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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Alexan Moto
Rent Specials
$1,379 - $2,570
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$1,379 - $2,570

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Varies
Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
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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.

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The Devon Four25
Rent Specials
$1,420 - $4,634
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$1,420 - $4,634

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Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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The Miles
Rent Specials
$1,439 - $6,211
Total Monthly Price

Total Monthly Price

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$1,439 - $6,211

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Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
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The Dillon
Rent Specials
$1,444 - $3,204
Total Monthly Price

Total Monthly Price

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$1,444 - $3,204

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Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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400H
$1,619 - $4,067
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Total Monthly Price

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$1,619 - $4,067

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Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
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Maeve
Rent Specials
$1,709 - $5,969
Total Monthly Price

Total Monthly Price

Base Rent
$1,709 - $5,969

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Studio to 3 Bedroom Apartments Available Now

Maeve

319 W Lenoir StRaleigh, NC 27601
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property at 523 S Bloodworth St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

3 Bedroom, 2 Bath Home for Rent

Available Now

523 S Bloodworth St

RaleighNC27601
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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
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Platform
Studio to 3 Bedroom Apartments

Platform

600 W Cabarrus StRaleigh, NC 27603
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The Line
Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Capital Apartments
1 to 2 Bedroom Apartments

Capital Apartments

127 New Bern PlRaleigh, NC 27601
Student Housing
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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 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,129. The Apartments at St. Mary's has the second lowest priced unit, which is a Studio apartment currently listed from $1,194. Here are the most affordable Capital District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,129
The Apartments at St. Mary'sS3Studio,1BA$1,194
MAA HueYellowStudio,1BA$1,203
511 FayeStudio-S-13Studio,1BA$1,309
Oldham & WorthAshStudio,1BA$1,309
SkyHouse RaleighS1Studio,1BA$1,311
The LincolnThe Hub StudioStudio,1BA$1,312
The GramercyChelseaStudio,1BA$1,365
Alexan MotoS1Studio,1BA$1,379
Elan City CenterA2Studio,1BA$1,383

Best Value Apartments for Rent in Capital District, NC

As of August 31, 2026 the best value apartment in the Capital District area is the $2.09 price per square foot Nash Model at The Acorn on Person Street in the in the Blount Street neighborhood starting from $1,745. The second greatest value Capital District apartment is the 712a767 Model at 712 Tucker starting at $1,875 with a $2.44 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 Acorn on Person StreetNash1BR,1BA$2.09
712 Tucker712a7671BR,1BA$2.44
SkyHouse RaleighA91BR,1BA$2.42
The Devon Four25A1021BR,1BA$2.11
MAA HueYellowStudio ,1BA$1.84
Link Apartments® Glenwood SouthA11BR,1BA$2.33
Elan City CenterA2Studio ,1BA$2.33
The LincolnThe Hub StudioStudio ,1BA$2.37
The Apartments at St. Mary'sS3Studio ,1BA$2.24
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.26

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.

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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.

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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.

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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.

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Pet Friendly Lifestyle
Capital District, Raleigh, NC

Ranked #63

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 Apartments at St. Mary's listed at $1,194.

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

The lowest price for a Cheap One Bedroom Capital District Apartment is $1,129 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 $1,804 at Elan City Center.

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 $2,936.

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.

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