
Cheap Homes for Rent in Fayetteville Street Neighborhood of Raleigh, NC from $400 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the Fayetteville Street area of Raleigh.


Room in House on Heck St

1007 Tipton St

1007 Tipton St

Room in House on S Person St

Room in Townhome on Gregg St
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.

512.5 S Boylan Ave

202 Selwyn Alley

Room in Condo on W Peace St

505 Freeman St

Room in Townhome on New Bern Ave

400 W North St
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.

508 S Person St

1310 Oakwood Ave

123 Idlewild Ave

444 S Blount St, Unit 1 Bedroom Loft DT Raleigh, Unit 1 Bedroom Loft DT Raleigh

1107 Upchurch St

705 W North St
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.
Fayetteville Street, Raleigh, NC Local Guide

How much does it cost to rent a home in Fayetteville Street?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fayetteville Street 2 Bedroom Homes for Rent | $1,884 | $1,175 | $2,800 |
| Fayetteville Street 3 Bedroom Homes for Rent | $2,454 | $1,795 | $3,295 |
| Fayetteville Street 4 Bedroom Homes for Rent | $3,470 | $2,995 | $5,750 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 1 mile radius of the Fayetteville Street Neighborhood of Raleigh, NC.
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Fayetteville Street, Raleigh, NC Local Guide
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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 $989. Wedgwood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $989. Here are the most affordable Fayetteville Street apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $989 |
| Wedgwood Apartments | Raleigh Efficiency | Studio,1BA | $989 |
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Shamrock Apartments | One Bedroom | 1BR,1BA | $1,093 |
| The Lincoln | The Hub Studio | Studio,1BA | $1,106 |
Best Value Apartments for Rent in Fayetteville Street, NC
As of April 24, 2026 the best value apartment in the Fayetteville Street area is the $1.15 price per square foot TC 2x1 Model at Trails Corner Apartments in the in the Oakwood neighborhood starting from $1,150. The second greatest value Fayetteville Street apartment is the 2 Bedroom, 1 Bath Model at Cameron Court starting at $1,810 with a $2.01 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Trails Corner Apartments | TC 2x1 | 2BR,1BA | $1.15 |
| Cameron Court | 2 Bedroom, 1 Bath | 2BR,1BA | $2.01 |
| The Edison Lofts Apartments | 1 Bedroom 1 Bath A2 | 1BR,1BA | $2.11 |
| Elan City Center | B1-2 | 1BR,1BA | $2.19 |
| 927 West Morgan | Glenwood | 1BR,1BA | $2.04 |
| MAA Hue | Yellow | Studio ,1BA | $2.06 |
| The Shelton at Cameron Court | 1 Bedroom, 1 Bath | 1BR,1BA | $1.82 |
| The Lincoln | The Craft | 1BR,1BA | $2.09 |
| Shamrock Apartments | One Bedroom | 1BR,1BA | $1.87 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1.98 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop 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 ArticleQuick 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.
Pet Friendly LifestyleFayetteville Street, Raleigh, NC
Ranked #36
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Fayetteville Street, Raleigh, NC
Wake Young Men's Leadership Academy
Moore Square Museum Magnet Mid
School data provided by Great Schools
Frequently Asked Questions about Fayetteville Street
What type of rentals are currently available in Fayetteville Street?
There are currently 168 Apartments for Rent in Fayetteville Street, NC with pricing that ranges from $989 to $8,104. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fayetteville Street ranging from $475 to $5,750.
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 $475 to $5,750 with an average monthly rent of $2,139.
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

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.

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.

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.

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

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.

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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.