
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (264 Rentals) Page 3 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


511 Faye

Forge at Raleigh Iron Works

616 at the Village

The Edison Lofts Apartments

St. Albans Lofts

Highlands at Olde Raleigh

308 1/2 N Person St

306 N Person St

1228 Gorman St

The Mallory

Creekside at Crabtree

703 Hampstead Pl

706 Highgate Pl

Cameron Court Apartments

The Enclave at Crossroads

Cortland Glenwood South

704 McMakin St

3102 Woodpecker Ct

235-237 Donald Ross Dr

Newly Renovated South Valley Apartments

Park and Market

Allora Pines

927 West Morgan

5544 Kaplan Dr

5367 Wayne St

Lexington Farms Apartments

Historic Boylan Apartments

The Metropolitan

Infinity Six Forks

Allora Southview

Brook Hill Townhouse

Clairmont at Crabtree

Sojourn Glenwood Place

Wilmont Apartments

Walnut Ridge

Orchard Pointe

6108 Spice Ridge Ln

5648 Thea Ln

Wynsum Townhomes

Bell Jones Franklin

Wildwoods Of Lake Johnson

Anderson Flats

Crabtree Lakeside

MAA Hue

Vintage Raleigh West

MAA Vale

312-C Dacian Rd

2232 Bernard St
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 | $1,449 | $853 | $2,950 |
Downtown Raleigh 1 Bedroom Apartments | $1,667 | $600 | $6,417 |
Downtown Raleigh 2 Bedroom Apartments | $2,093 | $800 | $8,071 |
Downtown Raleigh 3 Bedroom Apartments | $2,127 | $649 | $10,000+ |
Downtown Raleigh 4 Bedroom Apartments | $1,180 | $780 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 264 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 $950.
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 219 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 $607 which is $1,292 cheaper than the average rent for all rentals in Downtown Raleigh.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.