
Cheap Apartments for Rent in the Mordecai Neighborhood of Raleigh, NC from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mordecai area of Raleigh.


Brookside Apartments

The Point

The Metropolitan

The Gramercy
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Link Apartments® Glenwood South

Cortland Glenwood South

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Mordecai, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Mordecai?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Mordecai Studio Apartments | $1,410 | $1,092 | $3,418 |
| Mordecai 1 Bedroom Apartments | $1,892 | $1,184 | $6,417 |
| Mordecai 2 Bedroom Apartments | $2,548 | $1,445 | $8,071 |
| Mordecai 3 Bedroom Apartments | $3,604 | $2,309 | $7,290 |
| Mordecai 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 1 mile radius of the Mordecai Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Mordecai, Raleigh, NC Local Guide
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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 Signal priced from $1,092. Brookside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,125. Here are the most affordable Mordecai apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Signal | S1 | Studio,1BA | $1,092 |
| Brookside Apartments | Studio Partial | Studio,1BA | $1,125 |
| The Metropolitan | Sidecar | Studio,1BA | $1,220 |
| The Gramercy | Chelsea | Studio,1BA | $1,250 |
| Link Apartments® Glenwood South | S1 | Studio,1BA | $1,289 |
Best Value Apartments for Rent in Mordecai, NC
As of December 20, 2025 the best value apartment in the Mordecai area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value Mordecai 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 Mordecai apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1115 Marshall St | Entire Home | 4BR,3.5BA | $0.91 |
| 618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.30 |
| Capital Apartments | 201 | 2BR,1BA | $1.32 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.35 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.38 |
| 511 Cleveland St, Unit Pine #3 | 511 Cleveland St | 2BR,1BA | $2.11 |
| 611 Washington St, Unit Apt C | 611 Washington St | 2BR,1BA | $1.99 |
| The Metropolitan | Swordfish | 1BR,1BA | $2.24 |
| 801 Glenwood Ave, Unit 0 | 801 Glenwood Ave | 1BR,1BA | $1.86 |
| Brookside Apartments | Studio Partial | Studio ,1BA | $1.80 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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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 LifestyleMordecai, Raleigh, NC
Ranked #107
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Mordecai Neighborhood in Raleigh, NC
Walk Score®
69 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
47 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 $1,445.
What is the price of a cheap apartment in Mordecai?
The cheapest apartment in Mordecai is The Signal which is listed at $1,184, while the average apartment in Mordecai costs $4,000.
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 9 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 $117 which is $3,883 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.
Articles, How-To's, and Tips

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!







