close
View Me
$5954 Bedroom Apartments Available Aug 1
2002 Technology Woods Dr
2002 Technology Woods DrRaleigh, NC 27603
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (259 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.
413 Solar Dr
RaleighNC27610
close
View Me
$790 - $950Studio Apartments Available Now
Pullen Station Lofts
211 Ashe AveRaleigh, NC 27605
3316 Arrowwood Dr
RaleighNC27604
close
View Me
$8501 Bedroom Apartments Available Now
1230 University Ct
1230 University CtRaleigh, NC 27606
close
View Me
$8751 Bedroom Apartments Available Now
Pine Hills Apartments 55+
1650 Royal Pines DrRaleigh, NC 27610
close
View Me
$885 - $1,675
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$830 - $1,620
Required Monthly Fees
$55
Total Monthly Price
$885 - $1,675
Arbor Creek
5400 Portree PlRaleigh, NC 27606
1402 Gorman St
RaleighNC27606
close
View Me
$896 - $2,6501 to 3 Bedroom Apartments Available Now
The Grove
3926 Marcom StRaleigh, NC 27606
close
View Me
$899 - $1,919Studio to 4 Bedroom Apartments Available Aug 5
Hub Raleigh
111 Cox AveRaleigh, NC 27605
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.
close
View Me
Rent Specials
$915 - $1,195Studio to 2 Bedroom Apartments Available Now
Westgrove Tower Condominiums
4700 Westgrove StRaleigh, NC 27606
close
View Me
Rent Specials
$929
Total Monthly Price
Studio Apartments Available May 28Total Monthly Price
Base Rent
$744
Required Monthly Fees
$185
Total Monthly Price
$929
Vivo Living North Woods
3531 Wake Forest RdRaleigh, NC 27609
close
View Me
Rent Specials
$937 - $1,275
Total Monthly Price
Studio to 1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$552 - $890
Required Monthly Fees
$385
Total Monthly Price
$937 - $1,275
The Harrison Apartments
2717 Capital BlvdRaleigh, NC 27604
close
View Me
$940 - $2,037
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$778 - $1,875
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Trails of North Hills
1914 Generation DrRaleigh, NC 27612
close
View Me
Rent Specials
$945 - $1,840Studio to 2 Bedroom Apartments Available Now
The District
1000 Navaho DrRaleigh, NC 27609
close
View Me
Rent Specials
$950 - $1,2841 Bedroom Apartments Available Now
1105 Flats at North Hills
1105 Navaho DrRaleigh, NC 27609
close
View Me
Rent Specials
$989 - $1,819Studio to 3 Bedroom Apartments Available Now
Wedgwood Apartments
740 Smallwood DrRaleigh, NC 27605
close
View Me
$9951 Bedroom Apartments Contact Us For Availability
Pine Knoll Apartments
2435-2509 Avent Ferry RdRaleigh, NC 27606
close
View Me
$995Studio to 1 Bedroom Apartments Available Now
Greenway Flats Apartments
1107 Garner RdRaleigh, NC 27601
4130 Western Blvd
RaleighNC27606
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.
close
View Me
Rent Specials
$998 - $1,8501 to 2 Bedroom Apartments Available Now
Sterling Glenwood Apartments
3939 Glenwood AveRaleigh, NC 27612
close
View Me
Rent Specials
$999 - $1,140
Total Monthly Price
1 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$814 - $955
Required Monthly Fees
$185
Total Monthly Price
$999 - $1,140
Vivo Living Raleigh
4400 Capital BlvdRaleigh, NC 27604
close
View Me
Rent Specials
$999 - $1,540
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$965 - $1,506
Required Monthly Fees
Varies
Total Monthly Price
Varies
Montecito West
1313 Hardimont RdRaleigh, NC 27609
close
View Me
Rent Specials
$1,005 - $1,607
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$990 - $1,592
Required Monthly Fees
Varies
Total Monthly Price
Varies
Oak City Apartments
3131 Calvary DrRaleigh, NC 27604
close
View Me
$1,013 - $2,6341 to 3 Bedroom Apartments Available Now
The Parke at Trinity Apartment Homes
5301 Creek Ridge LnRaleigh, NC 27607
close
View Me
Rent Specials
$1,014 - $2,699
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$978 - $2,663
Required Monthly Fees
Varies
Total Monthly Price
Varies
Skyhouse Raleigh
308 S Blount StRaleigh, NC 27601
close
View Me
$1,049 - $1,3091 to 2 Bedroom Apartments Available Now
Spanish Trace Apartments
3000-3030 Spanish CtRaleigh, NC 27607
close
View Me
Rent Specials
$1,050 - $1,515
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,027 - $1,492
Required Monthly Fees
$23
Total Monthly Price
$1,050 - $1,515
Pines of Ashton
3105 Holston LnRaleigh, NC 27610
close
View Me
$1,057 - $1,543
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,030 - $1,516
Required Monthly Fees
Varies
Total Monthly Price
Varies
Concord Apartments
3920 Knickerbocker PkyRaleigh, NC 27612
close
View Me
$1,060 - $1,6251 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
Discover Raleigh, North Carolina: A Local's Take on the City of Oaks
Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.
close
View Me
$1,065 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
3116 Hillsborough
3116 Hillsborough StRaleigh, NC 27607
close
View Me
$1,068 - $2,065
Total Monthly Price
2 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,018 - $2,015
Required Monthly Fees
$50
Total Monthly Price
$1,068 - $2,065
Grand Arbor Reserve Apartment Homes
2419 Wycliff RdRaleigh, NC 27607
close
View Me
Rent Specials
$1,071 - $2,438
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,043 - $2,410
Required Monthly Fees
Varies
Total Monthly Price
Varies
The Lincoln
408 E Hargett StRaleigh, NC 27601
close
View Me
$1,074 - $2,078Studio to 2 Bedroom Apartments Available Now
Tree Top
1328-1410 Steinbeck DrRaleigh, NC 27609
close
View Me
$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
close
View Me
Rent Specials
$1,075 - $2,796Studio to 2 Bedroom Apartments Available Now
Marq at Crabtree
4451 Vilana RdgRaleigh, NC 27612
close
View Me
Rent Specials
$1,075 - $2,351
Total Monthly Price
1 to 4 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,041 - $2,317
Required Monthly Fees
Varies
Total Monthly Price
Varies
403 West
403 Wolf Creek CirRaleigh, NC 27606
close
View Me
Rent Specials
$1,085 - $1,395
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,069 - $1,379
Required Monthly Fees
Varies
Total Monthly Price
Varies
Montecito
3800 Colby DrRaleigh, NC 27609
close
View Me
Rent Specials
$1,088 - $4,4481 to 3 Bedroom Apartments Available Now
MAA Trinity
1140 Trinity Pine LnRaleigh, NC 27607
close
View Me
$1,089 - $1,550
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,070 - $1,531
Required Monthly Fees
Varies
Total Monthly Price
Varies
Brentwood West
3800-3839 Brentwood RdRaleigh, NC 27604
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.
close
View Me
Rent Specials
$1,095 - $3,3931 to 2 Bedroom Apartments Available Now
Madison Hunters Glen
100-D-150 Hunt Club LnRaleigh, NC 27606
close
View Me
$1,095 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
Parkwood Village Apartments
2729-A Conifer DrRaleigh, NC 27606
2719 Avent Ferry Rd
RaleighNC27606
5137-5141 Lundy Dr
RaleighNC27606
close
View Me
$1,097 - $1,295
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,087 - $1,285
Required Monthly Fees
$10
Total Monthly Price
$1,097 - $1,295
Longview Apartments
700 Highgate PlRaleigh, NC 27610
close
View Me
$1,098 - $1,3182 to 3 Bedroom Apartments Available Now
Walnut Woods Apartments
3417 Middle Branch RdRaleigh, NC 27610
5648 Thea Ln
RaleighNC27606
close
View Me
Rent Specials
$1,102 - $1,819
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,052 - $1,769
Required Monthly Fees
$50
Total Monthly Price
$1,102 - $1,819
Bacarra
6411 Farmgate RdRaleigh, NC 27606
close
View Me
Rent Specials
$1,105 - $2,6111 to 2 Bedroom Apartments Available Now
Crabtree Lakeside
5500 Home Valley DrRaleigh, NC 27612
close
View Me
Rent Specials
$1,106 - $5,8291 to 3 Bedroom Apartments Available Now
Trailwood Crossing Apartments
3004 Dorner CirRaleigh, NC 27606
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.
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 | $1,511 | $790 | $4,127 |
| Downtown Raleigh 1 Bedroom Apartments | $1,659 | $720 | $6,450 |
| Downtown Raleigh 2 Bedroom Apartments | $2,107 | $845 | $8,104 |
| Downtown Raleigh 3 Bedroom Apartments | $2,081 | $719 | $7,538 |
| Downtown Raleigh 4 Bedroom Apartments | $1,176 | $595 | $10,000+ |
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 259 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
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Downtown Raleigh Apartments for Rent
The cheapest available apartment rental in the Downtown Raleigh area of Raleigh, NC is a 1 Bed unit found at 900 Newcombe Rd priced from $710. Pullen Station Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here are the most affordable Downtown Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 900 Newcombe Rd | 1/1 | 1BR,1BA | $710 |
| Pullen Station Lofts | Studio | Studio,1BA | $790 |
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Pine Hills Apartments 55+ | One Bedroom Floor Plan | 1BR,1BA | $875 |
| The Grove | A1 - The Mirlen | 1BR,1BA | $896 |
| Maxwell Raleigh | Chelsea- Premium | 3BR,3BA | $899 |
| Milner Commons | Studio - The Willow | Studio,1BA | $900 |
| Green Meadows | One bedroom | 1BR,1BA | $900 |
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
| The District | The Gray Fox | Studio,1BA | $945 |
Best Value Apartments for Rent in Downtown Raleigh, NC
As of April 03, 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 |
| Tryon Flats Apartments | A2 | 4BR,4BA | $0.67 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.59 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.59 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Campus West at Tryon | 3X3 | 3BR,3BA | $0.76 |
| Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
| Green Meadows | One bedroom | 1BR,1BA | $0.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read Article
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.
Read ArticleThe 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.
Let everyone know!
Do you know the Downtown Raleigh area?
If you’re an expert on all things Downtown Raleigh, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 (0)
10 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 $945.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is Green Meadows which is listed at $580, 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 224 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 $634 which is $1,265 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
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.