Cheap Apartments for Rent in the Mordecai Neighborhood of Raleigh, NC from $600 (14 Rentals)

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

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Elan City Center
Rent Specials
$1,251 - $3,337
Total Monthly Price

Total Monthly Price

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$1,251 - $3,337

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Studio to 2 Bedroom Apartments Available Now

Elan City Center

510 N Wilmington StRaleigh, NC 27604
Furnished
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The Point
$1,256 - $3,364
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Total Monthly Price

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$1,256 - $3,364

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Studio to 2 Bedroom Apartments Available Now

The Point

605 Halifax StRaleigh, NC 27604
Luxury
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
  • Utilities Included
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included

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Cheapest Available Mordecai Apartments for Rent

 

The cheapest available apartment rental in the Mordecai area of Raleigh, NC is a Studio unit found at The Point priced from $1,256. Brookside Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,300. Here are the most affordable Mordecai apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The PointS1Studio,1BA$1,256
Brookside Apartments1x1 Loft Classic1BR,1BA$1,300
The SignalS1Studio,1BA$1,406
Alexan MotoS1Studio,1BA$1,430
The MilesS2Studio,1BA$1,445

Best Value Apartments for Rent in Mordecai, NC

As of July 27, 2026 the best value apartment in the Mordecai area is the $2.68 price per square foot C1 Townhome Model at The Signal in the in the Blount Street neighborhood starting from $5,088. The second greatest value Mordecai apartment is the 2x2.5 townhm Model at The Townes at Bishops Park starting at $1,850 with a $1.56 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Mordecai apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The SignalC1 Townhome3BR,3BA$2.68
The Townes at Bishops Park2x2.5 townhm2BR,2.5BA$1.56
400HB42BR,2BA$2.67
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.42
Brookside Apartments2x2 Newly Renovated2BR,2BA$1.56
Elan City CenterC12BR,2BA$2.01
The LineSunland1BR,1BA$2.39
The MetropolitanSwordfish1BR,1BA$2.24
Link Apartments® Glenwood SouthA61BR,1BA$2.32
The PointS1Studio ,1BA$2.59

Frequently Asked Questions about Cheap Mordecai Apartments

What is a cheap apartment in Mordecai?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Mordecai is under $1,759.

What is the price of a cheap apartment in Mordecai?

The cheapest apartment in Mordecai is Brookside Apartments which is listed at $1,300, while the average apartment in Mordecai costs $3,568.

What types of apartments are the cheapest in Mordecai?

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 3 regular apartments in Mordecai 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 Mordecai?

Cheap apartments in Mordecai have an average cost of $136 which is $3,432 cheaper than the average rent for all rentals in Mordecai.

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.

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