Cheap Apartments for Rent in the Fayetteville Street Neighborhood of Raleigh, NC from $800 (50 Rentals)

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

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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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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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.

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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

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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Shamrock Apartments
1 Bedroom Apartments

Shamrock Apartments

732-736 Smallwood DrRaleigh, NC 27605
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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 Line
Studio to 3 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
Corporate Housing
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310 Heck St
1 to 2 Bedroom Apartments

310 Heck St

310 Heck StRaleigh, NC 27601

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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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 Studio unit found at Greenway Flats Apartments priced from $995. Shamrock Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Fayetteville Street apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Greenway Flats ApartmentsStudioStudio,1BA$995
Shamrock ApartmentsOne Bedroom1BR,1BA$999
Wedgwood ApartmentsShamrock 1x11BR,1BA$999
The LincolnThe Hub StudioStudio,1BA$1,042
The Apartments at St. Mary'sS3Studio,1BA$1,090
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,100
The SignalS1Studio,1BA$1,128
Skyhouse RaleighA31BR,1BA$1,139
The PointS1Studio,1BA$1,166
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1,185

Best Value Apartments for Rent in Fayetteville Street, NC

As of November 15, 2025 the best value apartment in the Fayetteville Street area is the $1.97 price per square foot Hudsen - Hargett Model at ABODE at Hargett in the in the Blount Street neighborhood starting from $3,125. The second greatest value Fayetteville Street apartment is the 2 Bed #310 Model at 618 N Boylan Ave starting at $2,035 with a $1.30 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.
ABODE at HargettHudsen - Hargett3BR,2.5BA$1.97
618 N Boylan Ave2 Bed #3102BR,2.5BA$1.30
Capital Apartments2012BR,1BA$1.35
Trails Corner ApartmentsTC 3x13BR,1BA$1.33
927 West MorganHargett1BR,1BA$1.88
The SignalA11BR,1BA$2.20
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1.82
Shamrock ApartmentsOne Bedroom1BR,1BA$1.71
The LincolnThe Hub StudioStudio ,1BA$1.88
The Apartments at St. Mary'sS3Studio ,1BA$2.05

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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Quick Rent Budget Calculator

How much rent can you afford?

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
Fayetteville Street, Raleigh, NC

Ranked #31

Among cities in North Carolina 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 a cheap apartment in Fayetteville Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fayetteville Street is under $1,185.

What is the price of a cheap apartment in Fayetteville Street?

The cheapest apartment in Fayetteville Street is Shamrock Apartments which is listed at $999, while the average apartment in Fayetteville Street costs $3,125.

What types of apartments are the cheapest in Fayetteville Street?

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 15 regular apartments in Fayetteville Street 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 Fayetteville Street?

Cheap apartments in Fayetteville Street have an average cost of $117 which is $3,008 cheaper than the average rent for all rentals in Fayetteville Street.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.