
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (282 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


Total Monthly Price
South Ridge

The Apartments at St. Mary's

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Centerview at Crossroads

Forge at Raleigh Iron Works

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Montecito West

Highlands at Olde Raleigh

The Bluffs at Walnut Creek

Marshall Park Apartments + Townhomes

MAA Vale
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

709 Highgate Pl

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Jones Grant Urban Flats

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Lassiter at North Hills

Rhyne's Gate Apartments

4812-4814 Edwards Mill Rd

707 Hampstead Pl

606 Hilltop Dr

Gorman Crossings

Address East End

Oldham & Worth
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.

The Mallory

4721 Matt Dr

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Elan City Center

Link Apartments® Glenwood South

Crabtree Lakeside

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Broadstone Oak City

Sojourn Glenwood Place

Village District

3141 Woodpecker Ct

Infinity Six Forks
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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Allora Southview

MAA Wade Park

Chester Hills

Brook Hill Townhouse - Students Save Up to 10%

Wynsum Townhomes

3906 Lexington Dr

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1913 Tischer Rd, Unit A

4300 Presley Ct

6114 Deerwood Pl

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Oberlin Court Apartments

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The Franklin at Crossroads

Bacarra

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Mira

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The Gramercy

District at 54

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The Dakota

2210 Bernard St

Wesley

Brickettwood Apartments

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Leigh House
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 | $1,542 | $915 | $2,755 |
| Downtown Raleigh 1 Bedroom Apartments | $1,650 | $550 | $4,478 |
| Downtown Raleigh 2 Bedroom Apartments | $2,043 | $730 | $5,630 |
| Downtown Raleigh 3 Bedroom Apartments | $2,100 | $599 | $7,538 |
| Downtown Raleigh 4 Bedroom Apartments | $1,235 | $574 | $3,650 |
Browse Apartments in this Neighborhood
There are currently 282 rentals with your search options within a 2 mile radius of the Downtown Raleigh Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
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 $895.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is Woodall Apartments which is listed at $895, while the average apartment in Downtown Raleigh costs $1,655.
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 261 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 $670 which is $985 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

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.

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.

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.

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.