2002 Technology Woods Dr
RaleighNC27603
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (252 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.
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$600
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1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$600
Total Monthly Price
$600
1911 Wolftech Ln, Unit 204 C
1911 Wolftech LnRaleigh, NC 27603
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$6253 Bedroom Apartment Available Now
3770 Pardue Woods Pl, Unit 301
3770 Pardue Woods PlRaleigh, NC 27603
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$6254 Bedroom Apartment Available Now
1440 Collegiate Cir, Unit 104
1440 Collegiate CirRaleigh, NC 27606
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$6251 Bedroom Apartment Available Now
2021 Wolf Tech Ln, Unit 204
2021 Wolf Tech LnRaleigh, NC 27603
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$6951 Bedroom Apartments Available Now
Room in Apartment on S Blount St
813 S Blount StRaleigh, NC 27601
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$715 - $9791 to 3 Bedroom Apartments Contact Us For Availability
East Haven Apartments
3930 Dowling Haven PlRaleigh, NC 27610
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$783 - $2,0061 to 3 Bedroom Apartments Available Now
Ashborough Apartments
5406 Viewcrest WayRaleigh, NC 27606
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$815 - $950Studio Apartments Available Now
Pullen Station Lofts
211 Ashe AveRaleigh, NC 27605
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$8501 Bedroom Apartments Available Now
1230 University Ct
1230 University CtRaleigh, NC 27606
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.
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$8751 Bedroom Apartments Available Now
Pine Hills Apartments 55+
1650 Royal Pines DrRaleigh, NC 27610
1402 Gorman St
RaleighNC27606
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$899 - $999
Total Monthly Price
Studio Apartments Available NowTotal Monthly Price
Base Rent
$714 - $814
Required Monthly Fees
$185
Total Monthly Price
$899 - $999
Vivo Living North Woods
3531 Wake Forest RdRaleigh, NC 27609
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$915 - $1,345Studio to 2 Bedroom Apartments Available Now
Westgrove Tower Condominiums
4700 Westgrove StRaleigh, NC 27606
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$920 - $2,4031 to 3 Bedroom Apartments Available Now
The Parke at Trinity Apartment Homes
5301 Creek Ridge LnRaleigh, NC 27607
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$920 - $2,6221 to 3 Bedroom Apartments Available Now
The Grove
3926 Marcom StRaleigh, NC 27606
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$925 - $2,8151 to 4 Bedroom Apartments Available Now
Arbor Creek
5400 Portree PlRaleigh, NC 27606
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$945 - $1,480Studio to 2 Bedroom Apartments Available Now
The District
1000 Navaho DrRaleigh, NC 27609
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Rent Specials
$959 - $2,644
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$923 - $2,608
Required Monthly Fees
$36
Total Monthly Price
$959 - $2,644
Skyhouse Raleigh
308 S Blount StRaleigh, NC 27601
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$962 - $1,9961 to 3 Bedroom Apartments Available Now
The Trails of North Hills
1914 Generation DrRaleigh, NC 27612
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.
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$963 - $1,215
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$578 - $830
Required Monthly Fees
$385
Total Monthly Price
$963 - $1,215
The Harrison Apartments
2717 Capital BlvdRaleigh, NC 27604
1902 New Bern Ave
RaleighNC27610
1906 Hawkins St
RaleighNC27610
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$988 - $1,6721 to 3 Bedroom Apartments Available Now
The Waverly
3211 Pridwen CirRaleigh, NC 27610
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$975 - $3,4541 to 2 Bedroom Apartments Available Now
Madison Hunters Glen
100-D-150 Hunt Club LnRaleigh, NC 27606
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$989 - $2,019Studio to 3 Bedroom Apartments Available Now
Wedgwood Apartments
740 Smallwood DrRaleigh, NC 27605
4130 Western Blvd
RaleighNC27606
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$995 - $2,6672 to 4 Bedroom Apartments Available Now
Walnut Ridge
1611 Royal Foxhound LnRaleigh, NC 27610
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$995 - $1,0951 Bedroom Apartments Contact Us For Availability
Pine Knoll Apartments
2435-2509 Avent Ferry RdRaleigh, NC 27606
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Rent Specials
$995Studio to 1 Bedroom Apartments Available Now
Greenway Flats Apartments
1107 Garner RdRaleigh, NC 27601
Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers
Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.
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$999 - $1,8501 to 2 Bedroom Apartments Available Now
Sterling Glenwood Apartments
3939 Glenwood AveRaleigh, NC 27612
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Rent Specials
$999 - $1,250
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$814 - $1,065
Required Monthly Fees
$185
Total Monthly Price
$999 - $1,250
Vivo Living Raleigh
4400 Capital BlvdRaleigh, NC 27604
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$999 - $1,2341 Bedroom Apartments Available Now
1105 Flats at North Hills
1105 Navaho DrRaleigh, NC 27609
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$1,005 - $1,607
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,592
Required Monthly Fees
$15
Total Monthly Price
$1,005 - $1,607
Oak City Apartments
3131 Calvary DrRaleigh, NC 27604
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$1,008 - $3,2281 to 3 Bedroom Apartments Available Now
MAA Trinity
1140 Trinity Pine LnRaleigh, NC 27607
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$1,010 - $2,2581 to 3 Bedroom Apartments Available Now
The Greens at Tryon
2805 Par DrRaleigh, NC 27603
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Rent Specials
$1,020 - $1,465
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,000 - $1,445
Required Monthly Fees
$20
Total Monthly Price
$1,020 - $1,465
Pines of Ashton
3105 Holston LnRaleigh, NC 27610
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$1,025 - $1,7251 to 3 Bedroom Apartments Available Now
Brentmoor Apartments
2080-2080 Brentmoor DrRaleigh, NC 27604
1011-1015 Chaney Rd
RaleighNC27606
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$1,064 - $1,9102 to 3 Bedroom Apartments Available Now
Grand Arbor Reserve Apartment Homes
2419 Wycliff RdRaleigh, NC 27607
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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$1,065 - $1,2951 to 2 Bedroom Apartments Available Now
3116 Hillsborough
3116 Hillsborough StRaleigh, NC 27607
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$1,075 - $1,365
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,000 - $1,290
Required Monthly Fees
$75
Total Monthly Price
$1,075 - $1,365
Northstone Apartments
4000-4061 Northstone DrRaleigh, NC 27604
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$1,0751 Bedroom Apartments Available Apr 1
912 S Bloodworth St
912 S Bloodworth StRaleigh, NC 27601
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$1,075 - $2,733Studio to 2 Bedroom Apartments Available Now
Marq at Crabtree
4451 Vilana RdgRaleigh, NC 27612
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$1,085 - $1,3651 to 2 Bedroom Apartments Available Now
Montecito
3800 Colby DrRaleigh, NC 27609
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$1,089 - $1,5501 to 3 Bedroom Apartments Available Now
Brentwood West
3800-3839 Brentwood RdRaleigh, NC 27604
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$1,090 - $2,230
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,056 - $2,196
Required Monthly Fees
$34
Total Monthly Price
$1,090 - $2,230
403 West
403 Wolf Creek CirRaleigh, NC 27606
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$1,092 - $4,6091 to 3 Bedroom Apartments Available Now
Trailwood Crossing Apartments
3004 Dorner CirRaleigh, NC 27606
2719 Avent Ferry Rd
RaleighNC27606
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$1,095 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
Parkwood Village Apartments
2729-A Conifer DrRaleigh, NC 27606
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.
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 | $1,574 | $899 | $3,805 |
| Downtown Raleigh 1 Bedroom Apartments | $1,724 | $600 | $6,417 |
| Downtown Raleigh 2 Bedroom Apartments | $2,177 | $845 | $8,071 |
| Downtown Raleigh 3 Bedroom Apartments | $2,149 | $625 | $9,400 |
| Downtown Raleigh 4 Bedroom Apartments | $1,197 | $625 | $8,370 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 252 rentals with your search options within a 2 mile radius of the Downtown Raleigh Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Downtown Raleigh, Raleigh, NC Local Guide
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Cheapest Available Downtown Raleigh Apartments for Rent
The cheapest available apartment rental in the Downtown Raleigh area of Raleigh, NC is a Studio unit found at Pullen Station Lofts priced from $815. Stanhope has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here are the most affordable Downtown Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pullen Station Lofts | Studio | Studio,1BA | $815 |
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| Maxwell Raleigh | Chelsea- Premium | 3BR,3BA | $899 |
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
| The Grove | A1 - The Grove | 1BR,1BA | $920 |
Best Value Apartments for Rent in Downtown Raleigh, NC
As of February 12, 2026 the best value apartment in the Downtown Raleigh area is the $0.56 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $815. The second greatest value Downtown Raleigh apartment is the 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh starting at $995 with a $0.71 price per square foot in the Roylene Acres neighborhood. Here is today’s list of the best values for Downtown Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
| Redpoint Raleigh | 3 Bedroom, 3 BathTownhome | 3BR,3BA | $0.71 |
| 1911 Wolftech Ln, Unit 204 C | 1911 Wolftech Ln | 1BR,1BA | $0.43 |
| Welcome to our luxurious apartment community near NC State University in Raleigh, NC! | A2 | 4BR,4BA | $0.67 |
| 3770 Pardue Woods Pl, Unit 301 | 3770 Pardue Woods Pl | 3BR,3BA | $0.48 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.58 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.58 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Campus West at Tryon | 3X3 | 3BR,3BA | $0.76 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleQuick 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.
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Pet Friendly LifestyleDowntown Raleigh, Raleigh, NC
Ranked #1
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Downtown Raleigh, Raleigh, NC
Wake Young Men's Leadership Academy
Wake County School District
Public School - Grades 6-12 (269)
10 out of 10
Moore Square Museum Magnet Mid
Wake County School District
Public School - Grades 6-8 (585)
6 out of 10
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina including Downtown Raleigh, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
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 $920.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is Pine Hills Apartments 55+ which is listed at $875, while the average apartment in Downtown Raleigh costs $1,899.
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 253 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 $624 which is $1,275 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.
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.