Cheap Apartments for Rent in the Fayetteville Street Neighborhood of Raleigh, NC from $700 (48 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Fayetteville Street area of Raleigh.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610

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.

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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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Shamrock Apartments
1 Bedroom Apartments

Shamrock Apartments

732-736 Smallwood DrRaleigh, NC 27605
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Wedgwood Apartments
Studio to 2 Bedroom Apartments

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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The Line
Studio to 2 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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511 Faye
Studio to 2 Bedroom Apartments

511 Faye

511 Fayetteville StRaleigh, NC 27601
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1301 Hillsborough
1 Bedroom Apartments

1301 Hillsborough

1301 Hillsborough StRaleigh, NC 27605
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104 Ashe
1 Bedroom Apartments

104 Ashe

104 Ashe AveRaleigh, NC 27605
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310 Heck Street
1 Bedroom Apartments

310 Heck Street

310 Heck StRaleigh, NC 27601
Showing Results 1-48, Page 1 of 1

Fayetteville Street, Raleigh, NC Local Guide

Cheapest Available Fayetteville Street Apartments for Rent

 

The cheapest available apartment rental in the Fayetteville Street area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,130. The Acorn on Person Street has the second lowest priced unit, which is a Studio apartment currently listed from $1,235. Here are the most affordable Fayetteville Street apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,130
The Acorn on Person StreetLeeStudio,1BA$1,235
The MilesS2AStudio,1BA$1,247
The RowBirch ArbourStudio,1BA$1,260
Shamrock ApartmentsOne Bedroom1BR,1BA$1,279
Link Apartments® Glenwood SouthS1Studio,1BA$1,290
Skyhouse RaleighS4Studio,1BA$1,311
The Edison Lofts ApartmentsStudio S1AStudio,1BA$1,320
Alexan MotoS1Studio,1BA$1,334
MiraS1Studio,1BA$1,349

Best Value Apartments for Rent in Fayetteville Street, NC

As of July 08, 2025 the best value apartment in the Fayetteville Street area is the $1.90 price per square foot C1 Model at The Apartments at St. Mary's in the in the Blount Street neighborhood starting from $3,417. The second greatest value Fayetteville Street apartment is the 2 Bed #310 Model at 618 N Boylan Ave starting at $2,695 with a $1.72 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Fayetteville Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Apartments at St. Mary'sC13BR,2BA$1.90
618 N Boylan Ave2 Bed #3102BR,2BA$1.72
Capital Apartments2012BR,1BA$1.43
815 W Johnson St, Unit 815 W Johnson815 W Johnson St2BR,1BA$1.60
Wedgwood Apartments2-2.2BR,2BA$1.65
The LineSeaboard Express2BR,2BA$2.20
The DillonBlueridge2BR,2BA$2.19
The GramercyThe Soho1BR,1BA$2.20
Cameron Court and The Shelton ApartmentsShelton1BR,1BA$2.12
Shamrock ApartmentsOne Bedroom1BR,1BA$2.19

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
Fayetteville Street, Raleigh, NC

Ranked #43

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fayetteville Street, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Fayetteville Street, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, apartment communities for the kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fayetteville Street Apartments

What is the Cheapest Studio apartment in Fayetteville Street?

Currently the most affordable Cheap Studio Apartment in Fayetteville Street is at The Acorn on Person Street listed at $1,235.

How much is rent for a Cheap One Bedroom Fayetteville Street Apartment?

The lowest price for a Cheap One Bedroom Fayetteville Street Apartment is $1,130 at Capital Flats & Magnolia Square Apartments.

What is the lowest price for a Cheap Two Bedroom Fayetteville Street Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fayetteville Street is starting from $1,610 at Capital Apartments.

What is the most affordable Fayetteville Street Three Bedroom Apartment?

The best deal on a cheap Fayetteville Street Three Bedroom Apartment rental is at The Apartments at St. Mary's and starts from $3,412.

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.

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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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.