
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (261 Rentals) Page 4 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


Total Monthly Price
Arlow at Blue Ridge

Total Monthly Price
Lassiter at North Hills

2410 New Hope Church Rd

Total Monthly Price
1312 Banbury Rd, Unit 1314

712 Tucker

Wesley

Orchard Pointe

Total Monthly Price
The Franklin at Crossroads

Total Monthly Price
The Dakota

The Mallory

Total Monthly Price
Alexan Moto

Cameron Court

Parker Apartments

The Holston

The Greens at Centennial Campus

Total Monthly Price
3400 Octavia St, Unit 3400 Octavia Street, Apt. B

Camden Village District

920 Hardimont Rd, Unit Basement Apt.

Total Monthly Price
4308 Presley Ct, Unit B

Garden Spring Apartments

Village of New Hope Apartment Homes

Washington Terrace Apartments

Stony Brook

Smallwood Apartments

900 Newcombe Rd

Penwood Apartments

Colonial Arms Apartments

Tryon Grove

Cosmo & Lewis Estates

The Villages of Lake Boone Trail

Tivoli Gardens Apartments

Glascock Manor Apartments

1335-1343 Courtland Dr

Autumn Spring Apartments

Walnut Terrace

Oakwood Apartments

Carlton Place Apartments

Shammah Winds

Milburnie Road Apartments

Duplex Village

Sycamore Run

Dover Apartments

Pine Hills Apartments 55+

Gateway Park Apartments

Greencastle Townhomes

Park Central Raleigh Apartments

Anclote Arms

Moses Court Apartment Homes

Cedar Moor
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 | $1,500 | $872 | $3,151 |
| Downtown Raleigh 1 Bedroom Apartments | $1,687 | $650 | $6,733 |
| Downtown Raleigh 2 Bedroom Apartments | $2,088 | $755 | $7,441 |
| Downtown Raleigh 3 Bedroom Apartments | $2,113 | $599 | $7,538 |
| Downtown Raleigh 4 Bedroom Apartments | $1,181 | $574 | $7,228 |
Browse Apartments in this Neighborhood
There are currently 261 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 $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

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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
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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.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
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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.
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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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
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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.

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.

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.