Cheap Homes for Rent in Capital District Raleigh, NC from $1,400 (9 Rentals)

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

property at 400 W North St

$1,490 - $1,695

1 Bedroom Rentals

Available Now

400 W North St

RaleighNC27603

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.

property at 618 N Boylan Ave

$1,975

1 Bedroom, 2 Bath Condo for Rent

Available Now

618 N Boylan Ave

RaleighNC27603

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.

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 $1,085. 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$1,085
The SignalS1Studio,1BA$1,124

Best Value Apartments for Rent in Capital District, NC

As of January 14, 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 Devon Four25A1031BR,1BA$2.14
801 Glenwood Ave, Unit 0801 Glenwood Ave1BR,1BA$1.86
The SignalA11BR,1BA$2.32
MAA HueYellowStudio ,1BA$2.00
The LincolnThe Hub StudioStudio ,1BA$2.31
The GramercyChelseaStudio ,1BA$2.31
The Apartments at St. Mary'sS3Studio ,1BA$2.04
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.86

Frequently Asked Questions about Capital District

What type of rentals are currently available in Capital District?

There are currently 94 Apartments for Rent in Capital District, NC with pricing that ranges from $873 to $8,902. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capital District ranging from $1,490 to $4,245.

What is the current price range for Rental Homes in Capital District?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Capital District ranges from $1,490 to $4,245 with an average monthly rent of $2,768.

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.