Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (261 Rentals) Page 2 of 6

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Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.

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Sunnybrook Residences
Rent Specials
$1,144 - $1,957
Total Monthly Price

Total Monthly Price

Base Rent
$1,144 - $1,957

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
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Centerview at Crossroads
Rent Specials
$1,152 - $3,296
Total Monthly Price

Total Monthly Price

Base Rent
$1,152 - $3,296

Total Monthly Price
$1,152 - $3,296
1 to 3 Bedroom Apartments Available Now

Centerview at Crossroads

1310 Silver Sage DrRaleigh, NC 27606
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Montecito West
$1,159 - $1,704
Total Monthly Price

Total Monthly Price

Base Rent
$1,159 - $1,704

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

Montecito West

1313 Hardimont RdRaleigh, NC 27609
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Vivo Living Raleigh
Rent Specials
$1,184 - $1,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,184 - $1,325

Total Monthly Price
$1,184 - $1,325
1 Bedroom Apartments Available Now

Vivo Living Raleigh

4400 Capital BlvdRaleigh, NC 27604
Luxury
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Wedgwood Apartments
$1,199 - $1,819
Total Monthly Price

Total Monthly Price

Base Rent
$1,199 - $1,819

Total Monthly Price
$1,199 - $1,819
Studio to 3 Bedroom Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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property at 3206 Ruffin St

$1,800

2 To 3 Bedroom Rentals

Available Jul 17

3206 Ruffin St

RaleighNC27607

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.

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The Devon Four25
Rent Specials
$1,228 - $4,833
Total Monthly Price

Total Monthly Price

Base Rent
$1,228 - $4,833

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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Elan City Center
Rent Specials
$1,244 - $3,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $3,391

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
Furnished
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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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South Ridge
$1,255 - $1,505
Total Monthly Price

Total Monthly Price

Base Rent
$1,255 - $1,505

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

South Ridge

1622 Proctor RdRaleigh, NC 27610
Corporate Housing
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The Point
$1,256 - $3,364
Total Monthly Price

Total Monthly Price

Base Rent
$1,256 - $3,364

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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Brentmoor Apartments
Rent Specials
$1,257 - $1,997
Total Monthly Price

Total Monthly Price

Base Rent
$1,257 - $1,997

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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The Lincoln
Rent Specials
$1,261 - $2,527
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $2,527

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
Corporate Housing
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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.

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.

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 $993.

What is the price of a cheap apartment in Downtown Raleigh?

The cheapest apartment in Downtown Raleigh is 1105 Flats at North Hills which is listed at $950, while the average apartment in Downtown Raleigh costs $1,998.

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 116 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 $712 which is $1,286 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

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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.

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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

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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.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.