Cheap Apartments for Rent in the Downtown Durham Neighborhood of Durham, NC from $500 (156 Rentals)

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

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Downtown Durham, Durham, NC Local Guide

Cheapest Available Downtown Durham Apartments for Rent

 

The cheapest available apartment rental in the Downtown Durham area of Durham, NC is a 1 Bed unit found at The Lofts at Southside Apartments priced from $525. Dupont Circle has the second lowest priced unit, which is a 1 Bed apartment currently listed from $704. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
The Lofts at Southside Apartments1 Bedroom Tax Credit***1BR,1BA$525
Dupont CircleThe Brightleaf 6001BR,1BA$704
Avalon EastThe Brightleaf 6501BR,1BA$834
Vivo Living DurhamThe CarolinasStudio,1BA$849
Lenox EastThe Brightleaf 7001BR,1BA$854
Vivo Living Ivy CreekStudioStudio,1BA$859
ReNew West DurhamAugusta1BR,1BA$899
BLU Station ApartmentsOne Bedroom Standard-Call For Availability1BR,1BA$950
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950
Crystal VillageEmerald1BR,1BA$969

Best Value Apartments for Rent in Downtown Durham, NC

As of April 13, 2025 the best value apartment in the Downtown Durham area is the $1.29 price per square foot Raritan Model at Braxton Townhomes in the in the Fayetteville Street Corridor neighborhood starting from $2,399. The second greatest value Downtown Durham apartment is the 21.5TH Model at 501 Towns starting at $1,287 with a $1.07 price per square foot in the Fayetteville Street Corridor neighborhood. Here is today’s list of the best values for Downtown Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Braxton TownhomesRaritan3BR,2.5BA$1.29
501 Towns21.5TH2BR,1.5BA$1.07
Taylor's PondThe Eno 11622BR,2.5BA$1.15
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.33
Hawk's NestThe Eno 9802BR,1.5BA$1.16
Juniper Square ApartmentsThe Terrace2BR,1BA$1.35
Monarch ApartmentsOne Bed, One Bath1BR,1BA$1.29
Lenox EastThe Brightleaf 6501BR,1BA$1.32
Avalon EastThe Brightleaf 6501BR,1BA$1.28
Dupont CircleThe Brightleaf 6001BR,1BA$1.18

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Pet Friendly Lifestyle
Downtown Durham, Durham, NC

Ranked #2

Among neighborhoods in Durham, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Downtown Durham, Durham, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina and customized analysis for Central Durham, NC. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for proximity to parks, luxury amenities, pet-friendly features, multifamily communities for the kids, proximity to transit, and more. These search options are in the site filters at the top of this page.

Frequently Asked Questions about Cheap Downtown Durham Apartments

What is a cheap apartment in Downtown Durham?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Durham is under $969.

What is the price of a cheap apartment in Downtown Durham?

The cheapest apartment in Downtown Durham is The Lofts at Southside Apartments which is listed at $525, while the average apartment in Downtown Durham costs $2,093.

What types of apartments are the cheapest in Downtown 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 136 regular apartments in Downtown 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 Downtown Durham?

Cheap apartments in Downtown Durham have an average cost of $319 which is $1,774 cheaper than the average rent for all rentals in Downtown 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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