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
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
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
Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
close
View Me
Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
  • 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

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.

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 Apartment Common Area Rules: What Renters Need to Know article

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.