Cheap Homes for Rent in the Fayetteville Street Neighborhood of Raleigh, NC from $500 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 1104 Spaulding St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Now

1104 Spaulding St

RaleighNC27610
property at 663 Coleman St

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 2 Bath Home for Rent

Available Now

663 Coleman St

RaleighNC27610

Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 919 S State St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650

Total Monthly Price
$1,650

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 29

919 S State St, Unit B

919 S State St
RaleighNC27601

Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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. Wedgwood Apartments has the second lowest priced unit, which is a Studio 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
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$999
Parkside at Davie1 Beds, 1 Baths1BR,1BA$1,095
927 West MorganGlenwood1BR,1BA$1,251
The PointS1Studio,1BA$1,256

Best Value Apartments for Rent in Fayetteville Street, NC

As of July 25, 2026 the best value apartment in the Fayetteville Street area is the $1.44 price per square foot 920 W Morgan St Model at 920 W Morgan St, Unit A in the in the Oakwood neighborhood starting from $2,370. The second greatest value Fayetteville Street apartment is the A107 Model at The Devon Four25 starting at $2,263 with a $1.91 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.
920 W Morgan St, Unit A920 W Morgan St3BR,2BA$1.44
The Devon Four25A1072BR,2BA$1.91
Elan City CenterC12BR,2BA$2.04
The LincolnThe Oak Townhome1BR,1.5BA$1.70
407 Bledsoe Ave, Unit 407 Bledsoe Ave407 Bledsoe Ave2BR,1BA$2.18
The Acorn on Person StreetNash1BR,1BA$2.16
MAA HueRed 11BR,1BA$2.07
The MetropolitanSwordfish1BR,1BA$2.24
927 West MorganGlenwood Renovated1BR,1BA$2.33
Parkside at Davie1 Beds, 1 Baths1BR,1BA$2.31

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Fayetteville Street, Raleigh, NC

Ranked #36

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Fayetteville Street

What type of rentals are currently available in Fayetteville Street?

There are currently 169 Apartments for Rent in Fayetteville Street, NC with pricing that ranges from $973 to $8,847. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville Street ranging from $520 to $3,497.

What is the current price range for Rental Homes in Fayetteville Street?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Fayetteville Street ranges from $520 to $3,497 with an average monthly rent of $2,094.

How much are larger Three and Four Bedroom Rentals in Fayetteville Street?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Fayetteville Street range from $1,305 to $7,538, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,700 to $3,497. Four Bedroom Single-Family rentals are also available starting from $3,095 and Four Bedroom Apartments start at $4,000.

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

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.