
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $500 (261 Rentals) Page 5 of 6
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


Tryon Village

Clairmont at Farmgate

The Bluffs at Walnut Creek

Honeytree Apartments

1000 Mills Street Apartments

Magnolia Square

Five Point Cottages

XThe Dartmouth North Hills Apartments

Parkside at Davie

Walnut Ridge

200 E Edenton St

The Pointe at Midtown

Walnut Woods Apartments

Cardinal Apartments

Green Meadows

Edwards Mill

Channel House

The Acorn on Person Street

Wynwood Place Estates

Pinnacle Apartments

3109 Hillsborough St

3917 Greenleaf St

The Waverly

Camden Manor Park

815 Clay St

Clairmont at Trinity

Regency Place

1512CV

Wayne Ridge Townhomes

Lupton Flats

Allister North Hills

Gorman Place

Vine North Hills Apartments

The Reverie at Lake Boone

Cameron Village Apartments

The Eastern

Casa de Luna

The Line

Cedar Crest New Life Center

Wilmont Apartments

Marcom Street Apartments

Camden Asbury Village

Clairmont at Crabtree

Centennial Lofts

Donovan Place Apartments

Blue Hill Apartments

Collegeview Apartments College View

North State Apartments

Vintage Raleigh West
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
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.

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.

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.
Articles, How-To's, and Tips

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
Written by: Robin Stewart
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.