Cheap Apartments for Rent in the Capital District Raleigh, NC from $1,000 (29 Rentals)

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

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Inc.
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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323 S East St
1 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601
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The Line
Studio to 2 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
Showing Results 1-29, Page 1 of 1

Capital District, Raleigh, NC Local Guide

Cheapest Available Capital District Apartments for Rent

 

The cheapest available apartment rental in the Capital District area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,112. The Lincoln has the second lowest priced unit, which is a Studio apartment currently listed from $1,156. Here are the most affordable Capital District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,112
The LincolnThe Hub StudioStudio,1BA$1,156
Skyhouse RaleighS1Studio,1BA$1,169
The Apartments at St. Mary'sS3Studio,1BA$1,175
The Acorn on Person StreetLeeStudio,1BA$1,255
MAA HueYellowStudio,1BA$1,278
The SignalS1Studio,1BA$1,288
Elan City CenterA1Studio,1BA$1,289
PlatformCardinalStudio,1BA$1,290
The GramercyChelseaStudio,1BA$1,295

Best Value Apartments for Rent in Capital District, NC

As of March 12, 2025 the best value apartment in the Capital District area is the $1.64 price per square foot 401 Model at Capital Apartments in the in the Blount Street neighborhood starting from $2,100. The second greatest value Capital District apartment is the 712a975 Model at 712 Tucker starting at $1,930 with a $1.98 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Capital District apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capital Apartments4012BR,1BA$1.64
712 Tucker712a9751BR,1BA$1.98
MAA HueYellowStudio ,1BA$2.00
The Devon Four25A101bStudio ,1BA$2.40
The GramercyUpper WestsideStudio ,1BA$2.47
511 FayeStudio 03Studio ,1BA$2.41
The Edison Lofts ApartmentsStudio S1Studio ,1BA$2.37
Elan City CenterA1Studio ,1BA$2.41
The Apartments at St. Mary'sS3Studio ,1BA$2.18
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.22

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Getting Around the Capital District Neighborhood in Raleigh, NC

Walk Score®

95 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

89 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

73 / 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 Capital District Apartments

What is the Cheapest Studio apartment in Capital District?

Currently the most affordable Cheap Studio Apartment in Capital District is at The Apartments at St. Mary's listed at $1,160.

How much is rent for a Cheap One Bedroom Capital District Apartment?

The lowest price for a Cheap One Bedroom Capital District Apartment is $1,112 at Capital Flats & Magnolia Square Apartments.

What is the lowest price for a Cheap Two Bedroom Capital District Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Capital District is starting from $1,710 at The Apartments at St. Mary's.

What is the most affordable Capital District Three Bedroom Apartment?

The best deal on a cheap Capital District Three Bedroom Apartment rental is at Skyhouse Raleigh and starts from $2,245.

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

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

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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.

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