
Cheap Homes for Rent in Capital District Raleigh, NC from $1,700 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Capital District area of Raleigh.


301 Fayetteville St
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600 Devereux St, Unit A

705 W North St
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Capital District, Raleigh, NC Local Guide

How much does it cost to rent a home in Capital District?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Capital District 2 Bedroom Homes for Rent | $1,921 | $1,700 | $2,050 |
| Capital District 3 Bedroom Homes for Rent | $3,315 | $2,850 | $4,245 |
| Capital District 4 Bedroom Homes for Rent | $4,100 | $4,100 | $4,100 |
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Capital District Neighborhood of Raleigh, NC.
Explore Raleigh
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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 200 South Dawson Street, Unit 112 | 200 South Dawson Street | 2BR,2BA | $1.32 |
| The Edison Lofts Apartments | Penthouse 1 | 1BR,1BA | $2.28 |
| The Metropolitan | Swordfish | 1BR,1BA | $2.28 |
| The Devon Four25 | A103 | 1BR,1BA | $2.22 |
| 801 Glenwood Ave, Unit 0 | 801 Glenwood Ave | 1BR,1BA | $1.86 |
| Elan City Center | A2 | Studio ,1BA | $2.33 |
| Link Apartments® Glenwood South | A2 | 1BR,1BA | $2.31 |
| The Apartments at St. Mary's | S3 | Studio ,1BA | $2.21 |
| The Acorn on Person Street | Lee | Studio ,1BA | $2.18 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1.90 |
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 $949 to $8,071. There are also 15 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capital District ranging from $1,700 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 $1,700 to $4,245 with an average monthly rent of $2,860.
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

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.

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.

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

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.

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.

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.

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.