Cheap Apartments for Rent in the Warehouse District Raleigh, NC from $800 (48 Rentals)

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

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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
Corporate Housing
Showing Results 1-48, Page 1 of 1

Warehouse District, Raleigh, NC Local Guide

Cheapest Available Warehouse District Apartments for Rent

 

The cheapest available apartment rental in the Warehouse District area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $949. Wedgwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Warehouse District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$949
Wedgwood ApartmentsWedgwood Efficiency1BR,1BA$999
Valentine CommonsThe Caswell Platinum3BR,3BA$1,035
Berkshire Village DistrictDuplinStudio,1BA$1,062
The LincolnThe Hub StudioStudio,1BA$1,115
Skyhouse RaleighS4Studio,1BA$1,120
The Apartments at St. Mary'sS3Studio,1BA$1,160
The SignalS1Studio,1BA$1,174
Oberlin Court ApartmentsA1Studio,1BA$1,178
The PointS1Studio,1BA$1,196

Best Value Apartments for Rent in Warehouse District, NC

As of November 02, 2025 the best value apartment in the Warehouse District area is the $1.49 price per square foot 3x2.5 Upgraded Townhome-Call For Availability Model at Wynsum Townhomes in the in the East Raleigh neighborhood starting from $1,850. The second greatest value Warehouse District apartment is the Standard Model Model at Rhyne's Gate Apartments starting at $1,495 with a $1.57 price per square foot in the Grove Park neighborhood. Here is today’s list of the best values for Warehouse District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Rhyne's Gate ApartmentsStandard Model2BR,2BA$1.57
Oberlin Court ApartmentsB11BR,1BA$1.57
The Greens at TryonA1 Platinum1BR,1BA$1.60
Allora PinesA11BR,1BA$1.77
Brookside Apartments1x1 Newly Renovated1BR,1BA$1.71
927 West MorganHargett1BR,1BA$1.81
Valentine CommonsThe Burke Platinum2BR,2BA$1.73
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1.92
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.90

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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The 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.

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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.

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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.

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Pet Friendly Lifestyle
Warehouse District, Raleigh, NC

Ranked #17

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Warehouse District Neighborhood in Raleigh, NC

Walk Score®

91 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

72 / 100

Excellent Transit

Transit is convenient for most trips

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 Warehouse District Apartments

What is a cheap apartment in Warehouse District?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Warehouse District is under $1,196.

What is the price of a cheap apartment in Warehouse District?

The cheapest apartment in Warehouse District is Capital Flats & Magnolia Square Apartments which is listed at $949, while the average apartment in Warehouse District costs $2,350.

What types of apartments are the cheapest in Warehouse District?

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 107 regular apartments in Warehouse District 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 Warehouse District?

Cheap apartments in Warehouse District have an average cost of $494 which is $1,856 cheaper than the average rent for all rentals in Warehouse District.

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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.