
Cheap Homes for Rent in Capital District Raleigh, NC from $1,200 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Capital District area of Raleigh.


222 N West St

222 N West St

400 W North St

241 New Bern Pl

313 E Martin St
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 | $2,111 | $1,745 | $2,800 |
| Capital District 3 Bedroom Homes for Rent | $2,512 | $2,300 | $2,850 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Capital District Neighborhood of Raleigh, NC.
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Capital District, Raleigh, NC Local Guide
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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 $949. The Lincoln has the second lowest priced unit, which is a Studio apartment currently listed from $1,042. Here are the most affordable Capital District apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $949 |
| The Lincoln | The Hub Studio | Studio,1BA | $1,042 |
| The Apartments at St. Mary's | S3 | Studio,1BA | $1,100 |
Best Value Apartments for Rent in Capital District, NC
As of November 17, 2025 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 $1,725 with a $1.35 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. |
|---|---|---|---|
| 618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.30 |
| Capital Apartments | 201 | 2BR,1BA | $1.35 |
| The Apartments at St. Mary's | A3 | 1BR,1BA | $2.08 |
| MAA Hue | Red 2 | 1BR,1BA | $2.37 |
| The Signal | A1 | 1BR,1BA | $2.20 |
| Cortland Glenwood South | A2 | 1BR,1BA | $2.36 |
| Elan City Center | A2 | Studio ,1BA | $2.23 |
| The Metropolitan | Sidecar | Studio ,1BA | $2.37 |
| The Lincoln | The Hub Studio | Studio ,1BA | $1.88 |
| Capital Flats & Magnolia Square Apartments | MS 1x1 | 1BR,1BA | $2.04 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleCapital District, Raleigh, NC
Ranked #55
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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 $848 to $8,071. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Capital District ranging from $1,260 to $2,850.
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 $1,260 to $2,850 with an average monthly rent of $1,979.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.