Cheap Apartments for Rent in the Capital District Raleigh, NC from $1,000 (30 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 Included
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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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The Line
Studio to 2 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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323 S East St
1 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601
Showing Results 1-30, 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 $1,126. Skyhouse Raleigh has the second lowest priced unit, which is a Studio apartment currently listed from $1,169. 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$1,126
Skyhouse RaleighS1Studio,1BA$1,169
The LineExpressStudio,1BA$1,232
Link Apartments® Glenwood SouthS1Studio,1BA$1,249
The Acorn on Person StreetLeeStudio,1BA$1,255
The SignalS1Studio,1BA$1,274
The LincolnThe Hub StudioStudio,1BA$1,280
The GramercyChelseaStudio,1BA$1,295
The MilesS2AStudio,1BA$1,297
The PointS1Studio,1BA$1,298

Best Value Apartments for Rent in Capital District, NC

As of March 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 A5 Model at The Apartments at St. Mary's starting at $1,910 with a $1.97 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'sA51BR,1BA$1.97
712 Tucker712a7801BR,1BA$2.05
MAA HueRed 11BR,1BA$2.24
The LincolnThe Moore1BR,1BA$2.37
The Devon Four25A101bStudio ,1BA$2.40
511 FayeStudio 03Studio ,1BA$2.37
The Edison Lofts ApartmentsStudio S1Studio ,1BA$2.38
The GramercyChelseaStudio ,1BA$2.40
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

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 Skyhouse Raleigh listed at $1,169.

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 $1,650 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 $2,098.

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

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

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