Cheap Apartments for Rent in the Capital District Raleigh, NC from $800 (31 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
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.

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.

Read Article

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.

Read Article

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.

Read Article
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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Read Article
close
View Me
The Line
Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
property at 400 W North St

$1,490 - $1,695

1 Bedroom Rentals

Available Now

400 W North St

RaleighNC27603
Showing Results 1-31, Page 1 of 1

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 $929. The Apartments at St. Mary's has the second lowest priced unit, which is a Studio apartment currently listed from $1,110. 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$929
The Apartments at St. Mary'sS3Studio,1BA$1,110
The Acorn on Person StreetLeeStudio,1BA$1,175
Link Apartments® Glenwood SouthS1Studio,1BA$1,203
The MetropolitanSidecarStudio,1BA$1,210
Skyhouse RaleighS2Studio,1BA$1,230
The GramercyChelseaStudio,1BA$1,250
The LincolnThe Hub StudioStudio,1BA$1,277
The DillonConway IIStudio,1BA$1,305

Best Value Apartments for Rent in Capital District, NC

As of January 13, 2026 the best value apartment in the Capital District area is the $1.30 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,035. The second greatest value Capital District apartment is the 201 Model at Capital Apartments starting at $1,695 with a $1.32 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.
618 N Boylan Ave2 Bed #3102BR,2.5BA$1.30
Capital Apartments2012BR,1BA$1.32
The Apartments at St. Mary'sA91BR,1BA$2.09
The Devon Four25A1031BR,1BA$2.14
801 Glenwood Ave, Unit 0801 Glenwood Ave1BR,1BA$1.86
MAA HueYellowStudio ,1BA$2.01
Elan City CenterA2Studio ,1BA$2.29
The LincolnThe Hub StudioStudio ,1BA$2.31
The GramercyChelseaStudio ,1BA$2.31
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.86

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 $1,110.

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

The lowest price for a Cheap One Bedroom Capital District Apartment is $929 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 $1,665 at Skyhouse Raleigh.

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 $2,039.

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

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 A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.