
Cheap 2 Bedroom Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $797 (156 Rentals) Page 3 of 4


The Villages of Lake Boone Trail

Duplex Village

Gateway Park Apartments

Autumn Spring Apartments

Gorman Place

Greencastle Townhomes

Dover Apartments

Sycamore Run

Carlton Place Apartments
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.

Walnut Terrace

Cedar Moor

Colonial Arms Apartments

Brickettwood Apartments

1000 Mills Street Apartments

Five Point Cottages

Walnut Ridge

The Pointe at Midtown

Walnut Woods Apartments

Cardinal Apartments
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!

Wynwood Place Estates

3917 Greenleaf St

Green Meadows

Milner Commons

The Bluffs at Walnut Creek

Wayne Ridge Townhomes

Lupton Flats

1512CV

Clairmont at Farmgate

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

The Waverly

Casa de Luna

Honeytree Apartments

Tryon Village

Moses Court Apartment Homes

The Mordecai on Clover

The Pines at Peach Road

Blue Hill Apartments

Collegeview Apartments College View

Parkside at Five Points

Pinnacle Apartments

Camden Manor Park

200 E Edenton St

Crabtree Creek Place

Wilmont Apartments

Camden Asbury Village

Edwards Mill

Apartments of Westgrove

1422 Scales St

Aurella Cary
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 | $1,492 | $913 | $2,755 |
| Downtown Raleigh 1 Bedroom Apartments | $1,660 | $625 | $6,450 |
Downtown Raleigh 2 Bedroom Apartments | $2,096 | $797 | $7,438 |
| Downtown Raleigh 3 Bedroom Apartments | $2,150 | $625 | $7,538 |
| Downtown Raleigh 4 Bedroom Apartments | $1,116 | $620 | $3,600 |
Explore Raleigh
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 $950.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is The Terrace at Rock Quarry which is listed at $797, while the average apartment in Downtown Raleigh costs $1,981.
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 141 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 $471 which is $1,510 cheaper than the average rent for all rentals in Downtown Raleigh.
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.

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.