Cheap Apartments for Rent in the Warehouse District Raleigh, NC from $800 (47 Rentals)

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

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.

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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.

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Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. Valentine Commons has the second lowest priced unit, which is a 3 Beds apartment currently listed from $1,035. 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
Valentine CommonsThe Caswell Platinum3BR,3BA$1,035
The Apartments at St. Mary'sS3Studio,1BA$1,075
The SignalS1Studio,1BA$1,092
Brookside ApartmentsStudio PartialStudio,1BA$1,125
Allora SouthviewS1Studio,1BA$1,150
Trails Corner ApartmentsTC 2x12BR,1BA$1,154
The Acorn on Person StreetLeeStudio,1BA$1,175
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1,185
Berkshire Village DistrictDobbinsStudio,1BA$1,206

Best Value Apartments for Rent in Warehouse District, NC

As of December 20, 2025 the best value apartment in the Warehouse District area is the $1.75 price per square foot B2 Model at Allora Pines in the in the University Suites neighborhood starting from $1,894. The second greatest value Warehouse District apartment is the TC 2x1 Model at Trails Corner Apartments starting at $1,154 with a $1.15 price per square foot in the Oakwood 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.
Allora PinesB22BR,2BA$1.75
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
The Greens at TryonA2 Platinum1BR,2BA$1.58
The Greens at Centennial CampusA1C1BR,1BA$1.91
The ArdenA1A1BR,1BA$1.95
927 West MorganHargett1BR,1BA$1.79
Valentine CommonsThe Haywood Platinum2BR,2BA$1.90
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1.82
Brookside ApartmentsStudio PartialStudio ,1BA$1.80
Allora SouthviewS1Studio ,1BA$1.96

Don'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.

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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 #15

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

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 $1,206.

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 $2,435.

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 115 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 $732 which is $1,703 cheaper than the average rent for all rentals in Warehouse District.

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

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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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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.

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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!