Cheap Homes for Rent in Downtown Durham Neighborhood of Durham, NC from $800 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2708 E Main St

2708 E Main St

DurhamNC27703
property at 1215 Anderson St

1215 Anderson St

DurhamNC27705
Showing Results 1-19, Page 1 of 1

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 912 Alma St priced from $560. 2002 Strebor St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $575. Here are the most affordable Downtown Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
912 Alma St912 Alma St1BR,1BA$560
2002 Strebor St2002 Strebor St1BR,1BA$575
1315 Scholar Dr1315 Scholar Dr1BR,1BA$640
701 Fanning Way701 Fanning Way1BR,1BA$695
160 Presidents Dr160 Presidents Dr1BR,1BA$715

Best Value Apartments for Rent in Downtown Durham, NC

As of March 28, 2025 the best value apartment in the Downtown 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 Downtown Durham apartment is the 2002 Strebor St Model at 2002 Strebor St starting at $575 with a $0.22 price per square foot in the Downtown Durham 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.
3908 Booker Ave3908 Booker Ave1BR,1BA$0.29
2002 Strebor St2002 Strebor St1BR,1BA$0.22
404 Formosa Ave404 Formosa Ave1BR,1BA$0.29
404 Formosa Ave404 Formosa Ave1BR,1BA$0.29
701 Fanning Way701 Fanning Way1BR,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
Room in House on Genlee DrRoom in House on Genlee Dr1BR,1BA$0.36
1706 Merrick St1706 Merrick St1BR,1BA$0.44
1706 Merrick St1706 Merrick St1BR,1BA$0.44
1315 Scholar Dr1315 Scholar Dr1BR,1BA$0.38
1305 Scholar Dr1305 Scholar Dr1BR,1BA$0.46

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.

decorative image of people with a giant lease agreement

Frequently Asked Questions about Downtown Durham

What type of rentals are currently available in Downtown Durham?

There are currently 518 Apartments for Rent in Downtown Durham, NC with pricing that ranges from $750 to $7,549. There are also 155 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Durham ranging from $850 to $4,700.

What is the current price range for Rental Homes in Downtown Durham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Durham ranges from $850 to $4,700 with an average monthly rent of $2,209.

How much are larger Three and Four Bedroom Rentals in Downtown Durham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Durham range from $1,294 to $7,549, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $4,000. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $1,611.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.