Cheap Apartments for Rent in the Mordecai Neighborhood of Raleigh, NC from $600 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Mordecai area of Raleigh.

Elan City Center

202 Selwyn Aly, Unit B

The Miles
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.

The Point

The Signal

The Metropolitan

Brookside Apartments

Alexan Moto

Cortland Glenwood South

The Gramercy

Room in Condo on W Peace St
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.

202 Selwyn Alley

209 E Peace St
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.

214 Elm St
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 | $1,523 | $1,208 | $3,035 |
Mordecai 1 Bedroom Apartments | $1,974 | $1,050 | $5,622 |
Mordecai 2 Bedroom Apartments | $2,848 | $1,625 | $6,813 |
Mordecai 3 Bedroom Apartments | $4,689 | $2,437 | $9,292 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 1 mile radius of the Mordecai Neighborhood of Raleigh, NC.
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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 Line priced from $1,181. The Miles has the second lowest priced unit, which is a Studio apartment currently listed from $1,247. Here are the most affordable Mordecai apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Line | Express | Studio,1BA | $1,181 |
The Miles | S2A | Studio,1BA | $1,247 |
The Point | S1 | Studio,1BA | $1,247 |
The Signal | S1 | Studio,1BA | $1,282 |
The Metropolitan | Sidecar | Studio,1BA | $1,300 |
Best Value Apartments for Rent in Mordecai, NC
As of June 16, 2025 the best value apartment in the Mordecai area is the $1.72 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,695. The second greatest value Mordecai apartment is the 201 Model at Capital Apartments starting at $1,875 with a $1.46 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. |
---|---|---|---|
618 N Boylan Ave | 2 Bed #310 | 2BR,2BA | $1.72 |
Capital Apartments | 201 | 2BR,1BA | $1.46 |
The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.56 |
The Metropolitan | Swordfish | 1BR,1BA | $2.39 |
The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $2.00 |
Cortland Glenwood South | A2 | 1BR,1BA | $2.45 |
The Signal | A3 | 1BR,1BA | $2.47 |
Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
The Gramercy | Chelsea | Studio ,1BA | $2.58 |
Alexan Moto | S1 | Studio ,1BA | $2.69 |
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.
Pet Friendly LifestyleMordecai, Raleigh, NC
Ranked #86
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
3.0Pet 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 the Cheapest Studio apartment in Mordecai?
Currently the most affordable Cheap Studio Apartment in Mordecai is at The Line listed at $1,181.
How much is rent for a Cheap One Bedroom Mordecai Apartment?
The lowest price for a Cheap One Bedroom Mordecai Apartment is $1,400 at The Mordecai on Clover.
What is the lowest price for a Cheap Two Bedroom Mordecai Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Mordecai is starting from $1,495 at The Mordecai on Clover.
What is the most affordable Mordecai Three Bedroom Apartment?
The best deal on a cheap Mordecai Three Bedroom Apartment rental is at The Signal and starts from $4,496.
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.

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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.