Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (261 Rentals) Page 3 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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Leigh House
$1,308 - $2,150
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $2,150

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
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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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Anderson Flats
Rent Specials
$1,321 - $2,268
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $2,268

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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The Falstaff
Rent Specials
$1,330 - $1,770
Total Monthly Price

Total Monthly Price

Base Rent
$1,330 - $1,770

Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

The Falstaff

101 Poe DrRaleigh, NC 27610
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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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The Gramercy
Rent Specials
$1,365 - $2,565
Total Monthly Price

Total Monthly Price

Base Rent
$1,365 - $2,565

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Jul 13

The Gramercy

650 W North StRaleigh, NC 27603
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Mira
Rent Specials
$1,367 - $3,270
Total Monthly Price

Total Monthly Price

Base Rent
$1,367 - $3,270

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
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511 Faye
Rent Specials
$1,384 - $7,108
Total Monthly Price

Total Monthly Price

Base Rent
$1,384 - $7,108

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

511 Faye

511 Fayetteville StRaleigh, NC 27601
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Broadstone Oak City
$1,397 - $2,376
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $2,376

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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Park and Market
Rent Specials
$1,397 - $2,193
Total Monthly Price

Total Monthly Price

Base Rent
$1,397 - $2,193

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Park and Market

141 Park at North Hills StRaleigh, NC 27609
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Allora Southview
Rent Specials
$1,400 - $2,235
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $2,235

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

Allora Southview

211 Hammond DrRaleigh, NC 27603
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The Signal
Rent Specials
$1,400 - $5,088
Total Monthly Price

Total Monthly Price

Base Rent
$1,400 - $5,088

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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The Dillon
Rent Specials
$1,409 - $3,784
Total Monthly Price

Total Monthly Price

Base Rent
$1,409 - $3,784

Total Monthly Price
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Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Milo
Rent Specials
$1,425 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,425 - $2,670

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
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400H
$1,431 - $4,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,431 - $4,345

Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, 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 $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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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

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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

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

Written by: Robin Stewart

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

Written by: Robin Stewart

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

Written by: Robin Stewart

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.