
Cheap Homes for Rent in Downtown Raleigh Neighborhood of Raleigh, NC from $500 (51 Rentals) Page 2 of 2
Search the lowest-cost Homes available for rent right now in the Downtown Raleigh area of Raleigh.

Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Downtown Raleigh, Raleigh, NC Local Guide

How much does it cost to rent a home in Downtown Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Raleigh 2 Bedroom Homes for Rent | $1,738 | $950 | $3,500 |
| Downtown Raleigh 3 Bedroom Homes for Rent | $2,061 | $1,100 | $4,500 |
| Downtown Raleigh 4 Bedroom Homes for Rent | $2,927 | $650 | $5,595 |
| Downtown Raleigh 5 Bedroom Homes for Rent | $4,555 | $2,520 | $6,500 |
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Frequently Asked Questions about Downtown Raleigh
What type of rentals are currently available in Downtown Raleigh?
There are currently 858 Apartments for Rent in Downtown Raleigh, NC with pricing that ranges from $625 to $15,316. There are also 447 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Raleigh ranging from $550 to $6,500.
What is the current price range for Rental Homes in Downtown Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Raleigh ranges from $550 to $6,500 with an average monthly rent of $2,552.
How much are larger Three and Four Bedroom Rentals in Downtown Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Raleigh range from $625 to $15,316, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $780.
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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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!