Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (259 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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Brookside Apartments
Rent Specials
$1,149 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,129 - $1,505
Required Monthly Fees
$20

Total Monthly Price
$1,149 - $1,525
Studio to 2 Bedroom Apartments Available Now

Brookside Apartments

1406 Brookside DrRaleigh, NC 27604
Corporate Housing
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The Row
Rent Specials
$1,175 - $4,499
Total Monthly Price

Total Monthly Price

Base Rent
$1,130 - $4,454
Required Monthly Fees
$45

Total Monthly Price
$1,175 - $4,499
Studio to 3 Bedroom Apartments Available Now

The Row

1021 S Saunders StRaleigh, NC 27603
Luxury
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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.

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Sunnybrook Residences
Rent Specials
$1,184 - $2,037
Total Monthly Price

Total Monthly Price

Base Rent
$1,131 - $1,984
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
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Marquis on Edwards Mill
Rent Specials
$1,185 - $3,491
Total Monthly Price

Total Monthly Price

Base Rent
$1,145 - $3,451
Required Monthly Fees
$40

Total Monthly Price
$1,185 - $3,491
1 to 3 Bedroom Apartments Available Now

Marquis on Edwards Mill

3301 Cotton Mill DrRaleigh, NC 27612
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The Falstaff
$1,199 - $2,435
Total Monthly Price

Total Monthly Price

Base Rent
$1,079 - $2,315
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
Affordability
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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.

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South Ridge
$1,200 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $1,495
Required Monthly Fees
Varies

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 Summit at Avent Ferry
Rent Specials
$1,205 - $2,426
Total Monthly Price

Total Monthly Price

Base Rent
$1,148 - $2,369
Required Monthly Fees
$57

Total Monthly Price
$1,205 - $2,426
1 to 2 Bedroom Apartments Available Now

The Summit at Avent Ferry

1025 Avent HlRaleigh, NC 27606
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Brentmoor Apartments
Rent Specials
$1,210 - $1,725
Total Monthly Price

Total Monthly Price

Base Rent
$1,163 - $1,678
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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Bell Jones Franklin
Rent Specials
$1,215 - $2,125
Total Monthly Price

Total Monthly Price

Base Rent
$1,073 - $1,983
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Bell Jones Franklin

930 Vintage Jones WayRaleigh, NC 27606
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Broadstone Oak City
Rent Specials
$1,218 - $2,044
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $2,009
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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The Metropolitan
$1,225 - $3,328
Total Monthly Price

Total Monthly Price

Base Rent
$1,191 - $3,294
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Metropolitan

314 W Jones StRaleigh, NC 27603
Student Housing
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Creekside at Crabtree
Rent Specials
$1,229 - $2,224
Total Monthly Price

Total Monthly Price

Base Rent
$1,134 - $2,129
Required Monthly Fees
$95

Total Monthly Price
$1,229 - $2,224
Studio to 2 Bedroom Apartments Available Now

Creekside at Crabtree

4700 Riverwood CirRaleigh, NC 27612
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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!

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The Greens at Tryon
Rent Specials
$1,232 - $2,196
Total Monthly Price

Total Monthly Price

Base Rent
$1,126 - $2,090
Required Monthly Fees
$106

Total Monthly Price
$1,232 - $2,196
1 to 3 Bedroom Apartments Available Now

The Greens at Tryon

2805 Par DrRaleigh, NC 27603
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The Point
Rent Specials
$1,233 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,139 - $3,090
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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927 West Morgan
Rent Specials
$1,233 - $2,394
Total Monthly Price

Total Monthly Price

Base Rent
$1,076 - $2,237
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

927 West Morgan

927 W Morgan StRaleigh, NC 27603
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Platform
Rent Specials
$1,240 - $3,475
Total Monthly Price

Total Monthly Price

Base Rent
$1,130 - $3,365
Required Monthly Fees
$110

Total Monthly Price
$1,240 - $3,475
Studio to 3 Bedroom Apartments Available Now

Platform

600 W Cabarrus StRaleigh, NC 27603
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Ray at The Weld
Rent Specials
$1,262 - $5,719
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $5,634
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Ray at The Weld

1000 Hammell DrRaleigh, NC 27603
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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St. Albans Lofts
Rent Specials
$1,273 - $4,445
Total Monthly Price

Total Monthly Price

Base Rent
$1,158 - $4,330
Required Monthly Fees
$115

Total Monthly Price
$1,273 - $4,445
Studio to 3 Bedroom Apartments Available Now

St. Albans Lofts

600 Saint Albans DrRaleigh, NC 27609
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Allora Southview
Rent Specials
$1,290 - $1,940
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,835
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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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

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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.

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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.

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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.

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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

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.