Cheap Apartments for Rent in the Capital District Raleigh, NC from $1,000 (27 Rentals)

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

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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
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601

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 Studio unit found at Skyhouse Raleigh priced from $1,119. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,126. Here are the most affordable Capital District apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Skyhouse RaleighS1Studio,1BA$1,119
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,126
The LincolnThe Hub StudioStudio,1BA$1,185
The PointS1Studio,1BA$1,197
The Acorn on Person StreetLeeStudio,1BA$1,255
The GramercyChelseaStudio,1BA$1,280
The MilesS2AStudio,1BA$1,297
The LineExpressStudio,1BA$1,309
Elan City CenterA1Studio,1BA$1,333
The SignalS1Studio,1BA$1,335

Best Value Apartments for Rent in Capital District, NC

As of April 30, 2025 the best value apartment in the Capital District area is the $1.49 price per square foot 201 Model at Capital Apartments in the in the Blount Street neighborhood starting from $1,905. The second greatest value Capital District apartment is the B4 Model at The Apartments at St. Mary's starting at $2,279 with a $1.78 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 Apartments2011BR,1BA$1.49
The Apartments at St. Mary'sB42BR,2BA$1.78
The MetropolitanBlind Tiger2BR,2BA$2.04
712 Tucker712a8441BR,1BA$2.05
The Devon Four25A102a1BR,1BA$2.37
The Edison Lofts Apartments1 Bedroom 1 Bath A21BR,1BA$2.18
MAA HueYellowStudio ,1BA$2.10
The LincolnThe Hub StudioStudio ,1BA$2.26
The GramercyChelseaStudio ,1BA$2.37
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.25

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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

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 Skyhouse Raleigh listed at $1,119.

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

The lowest price for a Cheap One Bedroom Capital District Apartment is $1,126 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 $1,758 at Skyhouse Raleigh.

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 $1,765.

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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