Cheap Studio Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $913 (74 Rentals)

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Skyhouse Raleigh
Rent Specials
$944 - $1,446
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $2,674

Total Monthly Price
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Studio Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
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Wedgwood Apartments
Rent Specials
$989 - $1,319
Total Monthly Price

Total Monthly Price

Base Rent
$989 - $1,819

Total Monthly Price
$989 - $1,819
Studio Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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Genius Ideas and Studio Layout Tips That Maximize Every Square Inch

Transform your studio apartment layout and maximize storage. Get proven ideas from a 20-year property expert to make any small space stylish and functional.

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Sunnybrook Residences
Rent Specials
$1,095 - $1,158
Total Monthly Price

Total Monthly Price

Base Rent
$1,148 - $2,087

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Studio Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
Active Lifestyle
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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

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Elan City Center
Rent Specials
$1,236
Total Monthly Price

Total Monthly Price

Base Rent
$1,301 - $3,536

Total Monthly Price
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Studio Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
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The Devon Four25
Rent Specials
$1,240 - $2,811
Total Monthly Price

Total Monthly Price

Base Rent
$1,281 - $4,838

Total Monthly Price
Varies
Studio Apartments Available Now

The Devon Four25

425 Boylan AveRaleigh, NC 27603
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The Point
$1,245 - $1,721
Total Monthly Price

Total Monthly Price

Base Rent
$1,339 - $3,246

Total Monthly Price
Varies
Studio Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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The Gramercy
Rent Specials
$1,250 - $1,425
Total Monthly Price

Total Monthly Price

Base Rent
$1,295 - $2,290

Total Monthly Price
Varies
Studio Apartments Available May 23

The Gramercy

650 W North StRaleigh, NC 27603
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Broadstone Oak City
Rent Specials
$1,267 - $1,302
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $2,060

Total Monthly Price
Varies
Studio Apartments Available May 26

Broadstone Oak City

2911 Mid Century DrRaleigh, NC 27604
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Mira
Rent Specials
$1,280 - $1,711
Total Monthly Price

Total Monthly Price

Base Rent
$1,375 - $3,136

Total Monthly Price
Varies
Studio Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Eco-Friendly
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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Dillon
Rent Specials
$1,290 - $1,724
Total Monthly Price

Total Monthly Price

Base Rent
$1,414 - $3,904

Total Monthly Price
Varies
Studio Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
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Anderson Flats
Rent Specials
$1,305 - $1,466
Total Monthly Price

Total Monthly Price

Base Rent
$1,371 - $2,088

Total Monthly Price
Varies
Studio Apartments Available Now

Anderson Flats

2841 Manorcrest CtRaleigh, NC 27609
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The Lincoln
$1,331 - $1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,359 - $2,332

Total Monthly Price
Varies
Studio Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Leigh House
$1,378 - $1,457
Total Monthly Price

Total Monthly Price

Base Rent
$1,387 - $2,325

Total Monthly Price
Varies
Studio Apartments Available Jun 8

Leigh House

2421 Landmark DrRaleigh, NC 27607
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The Miles
Rent Specials
$1,383 - $1,695
Total Monthly Price

Total Monthly Price

Base Rent
$1,415 - $9,930

Total Monthly Price
Varies
Studio Apartments Available Now

The Miles

10 W Franklin StRaleigh, NC 27604
Luxury
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Alexan Moto
Rent Specials
$1,394 - $1,814
Total Monthly Price

Total Monthly Price

Base Rent
$1,479 - $2,954

Total Monthly Price
Varies
Studio Apartments Available Now

Alexan Moto

222 N West StRaleigh, NC 27603
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The Signal
Rent Specials
$1,419 - $1,576
Total Monthly Price

Total Monthly Price

Base Rent
$1,443 - $5,040

Total Monthly Price
Varies
Studio Apartments Available Now

The Signal

721 Halifax StRaleigh, NC 27604
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Downtown Raleigh, Raleigh, NC Local Guide

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Downtown Raleigh, Raleigh, NC

Ranked #1

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 $967.

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

The cheapest apartment in Downtown Raleigh is Tree Top which is listed at $913, 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

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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.

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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.

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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.

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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

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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.

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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.

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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.

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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.