Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (264 Rentals) Page 5 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.

Park Central Raleigh Apartments

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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.