Cheap 2 Bedroom Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $859 (115 Rentals)

1901 Hawkins St

1910 Hawkins St

1928 New Bern Ave

1902 New Bern Ave

Kensington Park

Westgrove Tower Condominiums

Trails Corner Apartments
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

4700 Brockton Dr

The Trails of North Hills

Grand Arbor Reserve Apartment Homes

2112 Ruark Ct

Hunters Run Apartment Homes
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Concord Apartments

Pines of Ashton

The Retreat at Lake Johnson Apartments

The District North Hills

4416 Brockton Dr

Newly Renovated South Valley Apartments

713 Hampstead Pl

713 Highgate Pl
Downtown Raleigh - One of the Best Affordable Neighborhoods in Raleigh
Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

Parkwood Village Apartments

4628 Kilcullen Dr

Trailwood Crossing Apartments

Spanish Trace Apartments

Wynsum Townhomes

4700 Fargo Ct

5648 Thea Ln

Northstone Apartments
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

5605 Thea Ln

Ashborough Apartments

Sterling Glenwood Apartments

Brook Hill Townhouse

308-A Dacian Rd

Oak City Apartments

658 Chappell Dr

646 Chappell Dr

Highlands at Olde Raleigh
Downtown Raleigh, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Downtown Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Raleigh Studio Apartments | $1,482 | $875 | $5,512 |
Downtown Raleigh 1 Bedroom Apartments | $1,764 | $577 | $5,659 |
Downtown Raleigh 2 Bedroom Apartments | $2,278 | $859 | $8,045 |
Downtown Raleigh 3 Bedroom Apartments | $2,381 | $820 | $7,515 |
Downtown Raleigh 4 Bedroom Apartments | $1,377 | $590 | $3,350 |
Explore Raleigh
Downtown Raleigh, Raleigh, NC Local Guide
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Quick Rent Budget Calculator
How much rent can you afford?
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.
Frequently Asked Questions about Cheap Downtown Raleigh Apartments
What is a cheap apartment in Downtown Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Raleigh is under $942.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is The Wilde which is listed at $880, while the average apartment in Downtown Raleigh costs $3,750.
What types of apartments are the cheapest in Downtown Raleigh?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 120 regular apartments in Downtown Raleigh that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Raleigh?
Cheap apartments in Downtown Raleigh have an average cost of $544 which is $3,206 cheaper than the average rent for all rentals in Downtown Raleigh.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.