Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (264 Rentals) Page 4 of 6

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.

close
View Me
Milo
Rent Specials
$1,405 - $2,670
Total Monthly Price

Total Monthly Price

Base Rent
$1,405 - $2,670

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Milo

821 Hanbury WyRaleigh, NC 27607
Luxury
  • Verified
  • Customer Reviewed
close
View Me
Leigh House
$1,412 - $2,325
Total Monthly Price

Total Monthly Price

Base Rent
$1,412 - $2,325

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Leigh House

2421 Landmark DrRaleigh, NC 27607
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Dillon
Rent Specials
$1,414 - $3,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $3,904

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Miles
Rent Specials
$1,415 - $9,930
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $9,930

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Signal
Rent Specials
$1,443 - $5,040
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $5,040

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Park and Market
Rent Specials
$1,467 - $2,353
Total Monthly Price

Total Monthly Price

Base Rent
$1,467 - $2,353

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Park and Market

141 Park at North Hills StRaleigh, NC 27609
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Allora Pines
Rent Specials
$1,470 - $1,920
Total Monthly Price

Total Monthly Price

Base Rent
$1,470 - $1,920

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Allora Pines

2720 Bristlecone TrailRaleigh, NC 27603
Accessibility
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Alexan Moto
Rent Specials
$1,479 - $2,954
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $2,954

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
400H
Rent Specials
$1,485 - $4,236
Total Monthly Price

Total Monthly Price

Base Rent
$1,485 - $4,236

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 3206 Ruffin St

$1,500 - $2,250

2 To 3 Bedroom Rentals

Available Jun 19

3206 Ruffin St

RaleighNC27607
close
View Me
Stony Brook
Studio to 3 Bedroom Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
  • Utilities Included
close
View Me
Smallwood Apartments
1 Bedroom Apartments

Smallwood Apartments

2008-2020 Smallwood DrRaleigh, NC 27605
  • Utilities Included
close
View Me
900 Newcombe Rd
1 Bedroom Apartments

900 Newcombe Rd

900 Newcombe RdRaleigh, NC 27610
Furnished
close
View Me
Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
close
View Me
Tryon Grove
2 to 3 Bedroom Apartments

Tryon Grove

2500-2516 Tryon Grove DrRaleigh, NC 27603
close
View Me
Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
  • Utilities Included
close
View Me
Autumn Spring Apartments
1 to 2 Bedroom Apartments

Autumn Spring Apartments

3601 Eck DrRaleigh, NC 27604
Senior Living
  • Utilities Included
close
View Me
Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
close
View Me
Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
  • Utilities Included
close
View Me
Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
close
View Me
Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
  • Utilities Included
close
View Me
Sycamore Run
1 to 3 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
close
View Me
Dover Apartments
1 to 4 Bedroom Apartments

Dover Apartments

706 Wexford DrRaleigh, NC 27603
  • Utilities Included
close
View Me
Pine Hills Apartments 55+
1 Bedroom Apartments

Pine Hills Apartments 55+

1650 Royal Pines DrRaleigh, NC 27610
Senior Living
  • Utilities Included

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 $967.

What is the price of a cheap apartment in Downtown Raleigh?

The cheapest apartment in Downtown Raleigh is The Terrace at Rock Quarry which is listed at $664, 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 144 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 $495 which is $1,404 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.

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.