Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (252 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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Oberlin Court Apartments
$1,291 - $3,862
Total Monthly Price

Total Monthly Price

Base Rent
$1,244 - $3,815
Required Monthly Fees
$47

Total Monthly Price
$1,291 - $3,862
Studio to 3 Bedroom Apartments Available Now

Oberlin Court Apartments

1009 Wade AveRaleigh, NC 27605
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Marshall Park Apartments + Townhomes
Rent Specials
$1,295 - $3,340
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $3,338
Required Monthly Fees
$2

Total Monthly Price
$1,295 - $3,340
1 to 3 Bedroom Apartments Available Now

Marshall Park Apartments + Townhomes

3950 Fairsted DrRaleigh, NC 27612
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The Gramercy
Rent Specials
$1,295 - $2,290
Total Monthly Price

Total Monthly Price

Base Rent
$1,250 - $2,245
Required Monthly Fees
$45

Total Monthly Price
$1,295 - $2,290
Studio to 2 Bedroom Apartments Available Now

The Gramercy

650 W North StRaleigh, NC 27603
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The Greens at Centennial Campus
Rent Specials
$1,298 - $6,830
Total Monthly Price

Total Monthly Price

Base Rent
$1,280 - $6,812
Required Monthly Fees
$18

Total Monthly Price
$1,298 - $6,830
Studio to 2 Bedroom Apartments Available Now

The Greens at Centennial Campus

320 The Greens CirRaleigh, NC 27606
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The Metropolitan
$1,355 - $3,853
Total Monthly Price

Total Monthly Price

Base Rent
$1,321 - $3,819
Required Monthly Fees
$34

Total Monthly Price
$1,355 - $3,853
Studio to 2 Bedroom Apartments Available Now

The Metropolitan

314 W Jones StRaleigh, NC 27603
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The Dakota
$1,356 - $2,342
Total Monthly Price

Total Monthly Price

Base Rent
$1,314 - $2,300
Required Monthly Fees
$42

Total Monthly Price
$1,356 - $2,342
1 to 3 Bedroom Apartments Available Now

The Dakota

1201 Pine Haven DrRaleigh, NC 27607
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The Summit at Avent Ferry
$1,365 - $2,470
Total Monthly Price

Total Monthly Price

Base Rent
$1,308 - $2,413
Required Monthly Fees
$57

Total Monthly Price
$1,365 - $2,470
1 to 2 Bedroom Apartments Available Now

The Summit at Avent Ferry

1025 Avent HlRaleigh, NC 27606
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The Point
Rent Specials
$1,366 - $3,184
Total Monthly Price

Total Monthly Price

Base Rent
$1,272 - $3,090
Required Monthly Fees
$94

Total Monthly Price
$1,366 - $3,184
Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
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District at 54
Rent Specials
$1,374 - $2,264
Total Monthly Price

Total Monthly Price

Base Rent
$1,234 - $2,124
Required Monthly Fees
$140

Total Monthly Price
$1,374 - $2,264
Studio to 2 Bedroom Apartments Available Now

District at 54

700 Corporate Center DrRaleigh, NC 27607
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Allora Pines
$1,395 - $1,980
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $1,880
Required Monthly Fees
$100

Total Monthly Price
$1,395 - $1,980
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
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The Devon Four25
Rent Specials
$1,400 - $3,956
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $3,915
Required Monthly Fees
$41

Total Monthly Price
$1,400 - $3,956
Studio to 2 Bedroom Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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Elan City Center
Rent Specials
$1,402 - $3,374
Total Monthly Price

Total Monthly Price

Base Rent
$1,337 - $3,309
Required Monthly Fees
$65

Total Monthly Price
$1,402 - $3,374
Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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The Signal
Rent Specials
$1,404 - $5,409
Total Monthly Price

Total Monthly Price

Base Rent
$1,313 - $5,318
Required Monthly Fees
$91

Total Monthly Price
$1,404 - $5,409
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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The Miles
Rent Specials
$1,406 - $5,002
Total Monthly Price

Total Monthly Price

Base Rent
$1,314 - $4,910
Required Monthly Fees
$92

Total Monthly Price
$1,406 - $5,002
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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Arlow at Blue Ridge
$1,410 - $1,897
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $1,802
Required Monthly Fees
$95

Total Monthly Price
$1,410 - $1,897
1 to 3 Bedroom Apartments Available Now

Arlow at Blue Ridge

601 McCaw Bridge StRaleigh, NC 27606
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Bell Jones Franklin
Rent Specials
$1,415 - $2,220
Total Monthly Price

Total Monthly Price

Base Rent
$1,273 - $2,078
Required Monthly Fees
$142

Total Monthly Price
$1,415 - $2,220
1 to 2 Bedroom Apartments Available Now

Bell Jones Franklin

930 Vintage Jones WayRaleigh, NC 27606
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The Franklin at Crossroads
$1,426 - $2,249
Total Monthly Price

Total Monthly Price

Base Rent
$1,401 - $2,224
Required Monthly Fees
$25

Total Monthly Price
$1,426 - $2,249
1 to 3 Bedroom Apartments Available Now

The Franklin at Crossroads

6010 Attleboro DrRaleigh, NC 27606
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Milo
Rent Specials
$1,430 - $2,715
Total Monthly Price

Total Monthly Price

Base Rent
$1,315 - $2,600
Required Monthly Fees
$115

Total Monthly Price
$1,430 - $2,715
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
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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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.