5137-5141 Lundy Dr
RaleighNC27606
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (252 Rentals) Page 2 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.
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$1,097 - $1,3472 Bedroom Apartments Available Now
Exceptional Value in a Prime Location — Tour Today
701-705 Buck Jones RdRaleigh, NC 27606
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$1,098 - $1,3182 to 3 Bedroom Apartments Available Now
Walnut Woods Apartments
3417 Middle Branch RdRaleigh, NC 27610
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$1,099 - $2,0992 to 4 Bedroom Apartments Available Now
Walnut Creek Apartments
700 Ryan CtRaleigh, NC 27606
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$1,099 - $2,183Studio to 2 Bedroom Apartments Available Now
Tree Top
1328-1410 Steinbeck DrRaleigh, NC 27609
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$1,099 - $1,4291 to 2 Bedroom Apartments Available Now
Spanish Trace Apartments
3000-3030 Spanish CtRaleigh, NC 27607
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$1,100 - $4,8251 to 3 Bedroom Apartments Available Now
The Retreat at Lake Johnson Apartments
3201 Walnut Creek PkyRaleigh, NC 27606
816 Coleman St
RaleighNC27610
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$1,110 - $3,3661 to 3 Bedroom Apartments Available Now
The Enclave at Crossroads
5454 Crossroads Crest WayRaleigh, NC 27606
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Rent Specials
$1,113 - $2,924Studio to 2 Bedroom Apartments Available Now
Creekside at Crabtree
4700 Riverwood CirRaleigh, NC 27612
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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Rent Specials
$1,127 - $1,749
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,077 - $1,699
Required Monthly Fees
$50
Total Monthly Price
$1,127 - $1,749
Bacarra
6411 Farmgate RdRaleigh, NC 27606
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$1,145 - $1,9451 to 3 Bedroom Apartments Available Now
Kensington Park
2700 Brigadoon DrRaleigh, NC 27606
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Rent Specials
$1,149 - $1,525
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,132 - $1,508
Required Monthly Fees
$17
Total Monthly Price
$1,149 - $1,525
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,154 - $2,1502 to 3 Bedroom Apartments Available Feb 13
Trails Corner Apartments
804-817 Mcmakin StRaleigh, NC 27610
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$1,160 - $4,102Studio to 3 Bedroom Apartments Available Now
The Apartments at St. Mary's
600 St. Mary's StRaleigh, NC 27605
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Rent Specials
$1,164 - $2,095
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,129 - $2,060
Required Monthly Fees
$35
Total Monthly Price
$1,164 - $2,095
Broadstone Oak City
2911 Mid Century DrRaleigh, NC 27604
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Rent Specials
$1,167 - $3,779Studio to 2 Bedroom Apartments Available Now
MAA Wade Park
5443 Wade Park BlvdRaleigh, NC 27607
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$1,168 - $1,9271 to 2 Bedroom Apartments Available Now
Remington Place
1909 Eyrie CtRaleigh, NC 27606
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Rent Specials
$1,175 - $2,435Studio to 2 Bedroom Apartments Available Now
The Falstaff
101 Poe DrRaleigh, NC 27610
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$1,185 - $3,301
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,145 - $3,261
Required Monthly Fees
$40
Total Monthly Price
$1,185 - $3,301
Marquis on Edwards Mill
3301 Cotton Mill DrRaleigh, NC 27612
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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Rent Specials
$1,185 - $2,075
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,162 - $2,052
Required Monthly Fees
$23
Total Monthly Price
$1,185 - $2,075
Wesley
442 Jefferson Towne DrRaleigh, NC 27606
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Rent Specials
$1,187 - $4,449
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,006 - $4,268
Required Monthly Fees
$181
Total Monthly Price
$1,187 - $4,449
Centerview at Crossroads
1310 Silver Sage DrRaleigh, NC 27606
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Rent Specials
$1,188 - $2,578
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,119 - $2,509
Required Monthly Fees
$69
Total Monthly Price
$1,188 - $2,578
Infinity Six Forks
900 E Six Forks RdRaleigh, NC 27604
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$1,190 - $1,5901 to 3 Bedroom Apartments Contact Us For Availability
The Pines at Peach Road
3000 Stone Grv RdRaleigh, NC 27603
1520 Collegeview Ave
RaleighNC27606
704 McMakin St
RaleighNC27610
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$1,200 - $1,5002 to 3 Bedroom Apartments Available Now
South Ridge
1622 Proctor RdRaleigh, NC 27610
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$1,200 - $1,6001 to 2 Bedroom Apartments Available Now
Lexington Farms Apartments
3409 Mill Tree RdRaleigh, NC 27612
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$1,200 - $3,790Studio to 3 Bedroom Apartments Available Now
St. Albans Lofts
600 Saint Albans DrRaleigh, NC 27609
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Rent Specials
$1,210 - $2,518Studio to 2 Bedroom Apartments Available Now
The Lincoln
408 E Hargett StRaleigh, NC 27601
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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Rent Specials
$1,217 - $2,118
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,173 - $2,074
Required Monthly Fees
$44
Total Monthly Price
$1,217 - $2,118
Sunnybrook Residences
2421 Brightcreek Falls TrlRaleigh, NC 27610
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Rent Specials
$1,219 - $2,053
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,185 - $2,019
Required Monthly Fees
$34
Total Monthly Price
$1,219 - $2,053
Leigh House
2421 Landmark DrRaleigh, NC 27607
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$1,220 - $4,499Studio to 3 Bedroom Apartments Available Now
The Row
1021 S Saunders StRaleigh, NC 27603
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$1,222 - $1,766
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,180 - $1,724
Required Monthly Fees
$42
Total Monthly Price
$1,222 - $1,766
Concord Apartments
3920 Knickerbocker PkyRaleigh, NC 27612
4416 Brockton Dr
RaleighNC27604
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Rent Specials
$1,226 - $3,204
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,146 - $3,124
Required Monthly Fees
$80
Total Monthly Price
$1,226 - $3,204
Mira
121 Kindley StRaleigh, NC 27601
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$1,236 - $1,6091 to 2 Bedroom Apartments Contact Us For Availability
Hunters Run Apartment Homes
5801 Blacksmith DrRaleigh, NC 27606
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$1,245 - $3,475Studio to 3 Bedroom Apartments Available Now
Platform
600 W Cabarrus StRaleigh, NC 27603
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Rent Specials
$1,249 - $2,3001 to 3 Bedroom Apartments Available Now
The Mallory
2541 Landmark DrRaleigh, NC 27607
2625 Stewart Dr
RaleighNC27603
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Rent Specials
$1,250 - $2,2751 to 3 Bedroom Apartments Available Now
Edwards Mill
4301 Mill Village RdRaleigh, NC 27612
3326 Ruffin St
RaleighNC27607
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Rent Specials
$1,252 - $3,171Studio to 2 Bedroom Apartments Available Now
Berkshire Village District
2128 Clark AveRaleigh, NC 27605
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Rent Specials
$1,257 - $2,280
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,118 - $2,141
Required Monthly Fees
$139
Total Monthly Price
$1,257 - $2,280
927 West Morgan
927 W Morgan StRaleigh, NC 27603
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Rent Specials
$1,258 - $3,036Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
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$1,275 - $1,7151 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
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$1,275 - $1,4951 to 2 Bedroom Apartments Contact Us For Availability
Highlands at Olde Raleigh
4300 Furman HallRaleigh, NC 27612
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Rent Specials
$1,277 - $2,418
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,232 - $2,373
Required Monthly Fees
$45
Total Monthly Price
$1,277 - $2,418
Jones Grant Urban Flats
1040 Wake Towne DrRaleigh, NC 27609
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$1,277 - $10,447Studio to 3 Bedroom Apartments Available Now
Cortland Glenwood South
417 W Peace StRaleigh, NC 27603
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Rent Specials
$1,277 - $2,154
Total Monthly Price
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,215 - $2,092
Required Monthly Fees
$62
Total Monthly Price
$1,277 - $2,154
Anderson Flats
2841 Manorcrest CtRaleigh, NC 27609
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.
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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 $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.