Cheap Apartments for Rent in Durham, NC from $400 (312 Rentals)

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Search the lowest-cost Apartments available for rent right now in Durham.

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Durham, NC Local Guide

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Written By:
Justin Habersaat
Editing Staff

Cheapest Neighborhoods for Apartments in Durham, NC

Pricing Updated: 04/04/2025

Current apartment rentals in the Durham, NC area range in price from $450 to $9,500 with an overall median price of $2,430. The three Durham neighborhoods with the lowest median rent pricing are NCCU at $1,030, Plum Street at $1,030, and Northeast Durham at $1,014. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Durham Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
NCCU$1,250$1,0301
Plum Street$1,250$1,0301
Northeast Durham$1,411$1,0142
Davenport$1,422$90011
Wynngate$1,435$9005
Lafayette$1,490$958150
Croasdaile Farm$1,672$849108
Woodcroft$1,696$924214
Southpoint$1,700$854340
South Square$1,700$859275

Cheapest Available Durham Apartments for Rent

 

The cheapest available apartment rental in Durham, NC is a 1 Bed unit found at 912 Alma St in the Fayetteville Street Corridor neighborhood priced from $560. 2002 Strebor St in the Downtown Durham neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here is today’s list of the most affordable Durham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
912 Alma St912 Alma St1BR,1BA$560
2002 Strebor St2002 Strebor St1BR,1BA$575
3048 Castle Loch Ln3048 Castle Loch Ln1BR,1BA$610
1315 Scholar Dr1315 Scholar Dr1BR,1BA$640
13 Pilatus Dr13 Pilatus Dr1BR,1BA$650
1203 Bent Willow Dr1203 Bent Willow Dr1BR,1BA$650
11370 Involute Pl11370 Involute Pl1BR,1BA$670
1420 Maplewood Dr1420 Maplewood Dr1BR,1BA$695
701 Fanning Way701 Fanning Way1BR,1BA$695
2019 Sandwood Loch Dr2019 Sandwood Loch Dr1BR,1BA$700

Best Value Apartments for Rent in Durham, NC

As of April 04, 2025 the best value apartment in the Durham area is the $0.29 price per square foot 3908 Booker Ave Model at 3908 Booker Ave in the in the Fayetteville Street Corridor neighborhood starting from $850. The second greatest value Durham apartment is the 11 Water Garden Way Model at 11 Water Garden Way starting at $765 with a $0.28 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3908 Booker Ave3908 Booker Ave1BR,1BA$0.29
11 Water Garden Way11 Water Garden Way1BR,1BA$0.28
2002 Strebor St2002 Strebor St1BR,1BA$0.22
404 Formosa Ave404 Formosa Ave1BR,1BA$0.31
404 Formosa Ave404 Formosa Ave1BR,1BA$0.31
3048 Castle Loch Ln3048 Castle Loch Ln1BR,1BA$0.25
2019 Sandwood Loch Dr2019 Sandwood Loch Dr1BR,1BA$0.29
701 Fanning Way701 Fanning Way1BR,1BA$0.30
36 Autumn Leaf Ln36 Autumn Leaf Ln1BR,1BA$0.30
36 Autumn Leaf Ln36 Autumn Leaf Ln1BR,1BA$0.30
160 Presidents Dr160 Presidents Dr1BR,1BA$0.32
160 Presidents Dr160 Presidents Dr1BR,1BA$0.32
912 Alma St912 Alma St1BR,1BA$0.25
912 Alma St912 Alma St1BR,1BA$0.25

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Durham Overview

In the middle of North Carolina, just northwest of Raleigh sits Durham. Known as the City of Medicine, it is home to Duke University, North Carolina State University, and The University of NC at Chapel Hill. Making up an area known as Research Triangle, it is one of the most high-tech research and development parks in the country. Once driven by its roots in the tobacco industry, the city is now a leader in education, technology, and medicine. Durham is a charming city with a rich history, diverse culture, and pioneering spirit. There are plenty of great apartments in Durham with nearby entertainment, cultural events, nightlife, and some of the best soul food and pulled-pork barbecue joints to satisfy every foodie.

Why live in Durham, NC?

U.S. News ranked Raleigh-Durham as the No. 4 Best Place to Live in 2016. Due to its strong job market, home values, and high quality of life, it attracts nearly 80 new residents per day. It is a young, diverse, friendly, and well-educated community that has a strong sense of community. Residents enjoy dining out, meeting at one of the local microbreweries, taking a stroll in the beautiful green spaces, or hanging out at the growing music and art scene. The cost of living is slightly lower than the national average, so it is the perfect area for new families.

Pet Friendly Lifestyle
Durham, NC

Ranked #3

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Durham, NC Rentals by Map

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See the most popular apartments and homes in Durham, NC

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Getting Around Durham, NC

Walk Score®

45 / 100

Car-Dependent

Most errands require a car

Bike Score®

44 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

30 / 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 Durham Apartments

What is a cheap apartment in Durham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Durham is under $700.

What is the price of a cheap apartment in Durham?

The cheapest apartment in Durham is 912 Alma St which is listed at $560, while the average apartment in Durham costs $2,430.

What types of apartments are the cheapest in Durham?

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 4,262 regular apartments in Durham 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 Durham?

Cheap apartments in Durham have an average cost of $607 which is $1,823 cheaper than the average rent for all rentals in Durham.

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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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