Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (262 Rentals) Page 2 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.

710 Highgate Pl

720 Hampstead Pl

Walnut Woods Apartments

Spanish Trace Apartments

Brookside Apartments

Jones Grant Urban Flats

Clairmont at Crabtree

Crabtree Lakeside

The Point
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.

Trailwood Crossing Apartments

Walnut Creek Apartments

Trails Corner Apartments

Broadstone Oak City

Centerview at Crossroads

Park and Market

Anderson Hills

The Dillon
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!

Sunnybrook Residences

The Enclave at Crossroads

The Signal

Bacarra

Marquis on Edwards Mill

The Metropolitan

Allora Southview

The Pines at Peach Road

Walnut Ridge
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

2719 Avent Ferry Rd

4631 Timbermill Ct

927 West Morgan

Exceptional Value in a Prime Location — Tour Today

713 Vardaman St

The L Apartments

Leigh House

Arlow at Blue Ridge

Marshall Park Apartments + Townhomes

Berkshire Village District

Infinity Six Forks

The Acorn on Person Street

Concord Apartments

The Row

Tree Top

920 W Morgan St, Unit B

MAA Wade Park

The Marlowe Lake Boone

Hunters Run Apartment Homes
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 | $1,531 | $878 | $3,240 |
| Downtown Raleigh 1 Bedroom Apartments | $1,704 | $625 | $6,417 |
| Downtown Raleigh 2 Bedroom Apartments | $2,169 | $750 | $8,071 |
| Downtown Raleigh 3 Bedroom Apartments | $2,097 | $625 | $8,849 |
| Downtown Raleigh 4 Bedroom Apartments | $1,167 | $780 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 262 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 $942.
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 210 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 $618 which is $1,281 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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




