
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (282 Rentals) Page 5 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


1335-1343 Courtland Dr

Autumn Spring Apartments

Walnut Terrace

Oakwood Apartments

Carlton Place Apartments

Shammah Winds

Duplex Village

Milburnie Road Apartments

Sycamore Run

Dover Apartments

Pine Hills Apartments 55+

Gateway Park Apartments

Greencastle Townhomes

Moses Court Apartment Homes

Cedar Moor

The Waverly

Tryon Village

Clairmont at Farmgate

Honeytree Apartments

Magnolia Square

1000 Mills Street Apartments

XThe Dartmouth North Hills Apartments

Parkside at Davie

Walnut Ridge

200 E Edenton St

The Pointe at Midtown

Walnut Woods Apartments

Cardinal Apartments

Shamrock Apartments

The Acorn on Person Street

Wynwood Place Estates

Pinnacle Apartments

3109 Hillsborough St

Regency Place

1512CV

3917 Greenleaf St

Casa de Luna

Camden Manor Park

815 Clay St

Clairmont at Trinity

Green Meadows

Allister North Hills

Hilltop Townes

The Royal Oaks Townhouses

Edwards Mill

Lupton Flats

Wayne Ridge Townhomes

The Reverie at Lake Boone

Vine North Hills Apartments
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 | $1,542 | $915 | $2,755 |
| Downtown Raleigh 1 Bedroom Apartments | $1,650 | $550 | $4,478 |
| Downtown Raleigh 2 Bedroom Apartments | $2,043 | $730 | $5,630 |
| Downtown Raleigh 3 Bedroom Apartments | $2,100 | $599 | $7,538 |
| Downtown Raleigh 4 Bedroom Apartments | $1,235 | $574 | $3,650 |
Browse Apartments in this Neighborhood
There are currently 282 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 $895.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is Woodall Apartments which is listed at $895, while the average apartment in Downtown Raleigh costs $1,655.
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 261 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 $670 which is $985 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

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.

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers
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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.

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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
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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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
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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.