
Cheap 1 Bedroom Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $625 (129 Rentals)


3770 Pardue Woods Pl, Unit 301

1251 University Ct, Unit 1

Pine Hills Apartments 55+

1230 University Ct

Vivo Living Raleigh

Westgrove Tower Condominiums

The Greens at Tryon
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

The Harrison

3812 Marcom St

Sterling Glenwood Apartments

The Trails of North Hills

Oak City Apartments

Parkwood Village Apartments

The Kenton Apartments

Madison Hunters Glen
Downtown Raleigh
Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

!ARIUM Lake Johnson

Trailwood Crossing Apartments

Northstone Apartments

1105 Flats at North Hills

912 S Bloodworth St

4128 Western Blvd

Spanish Trace Apartments

Brentmoor Apartments

719 Hampstead Pl

Concord Apartments

Pines of Ashton

Pine Knoll Apartments

Marquis on Edwards Mill

MAA Trinity

1011-1015 Chaney Rd

Sunnybrook Residences

Bell Jones Franklin

Ashborough Apartments

The Summit at Avent Ferry

403 West

Highlands at Olde Raleigh

The Franklin at Crossroads

Hunters Run Apartment Homes
Downtown Raleigh, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Downtown Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Raleigh Studio Apartments | $1,423 | $875 | $4,594 |
Downtown Raleigh 1 Bedroom Apartments | $1,743 | $625 | $5,943 |
Downtown Raleigh 2 Bedroom Apartments | $2,255 | $830 | $7,044 |
Downtown Raleigh 3 Bedroom Apartments | $2,448 | $740 | $7,983 |
Downtown Raleigh 4 Bedroom Apartments | $1,156 | $450 | $2,339 |
Explore Raleigh
Downtown Raleigh, Raleigh, NC Local Guide
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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.
Frequently Asked Questions about Cheap Downtown Raleigh Apartments
What is a cheap apartment in Downtown Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Raleigh is under $650.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is 909 Bragg St which is listed at $577, while the average apartment in Downtown Raleigh costs $3,750.
What types of apartments are the cheapest in Downtown Raleigh?
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 95 regular apartments in Downtown Raleigh 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 Raleigh?
Cheap apartments in Downtown Raleigh have an average cost of $566 which is $3,184 cheaper than the average rent for all rentals in Downtown Raleigh.
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.

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
Written by: Chris Munier
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.

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.

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.

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.