
Cheap 2 Bedroom Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $830 (130 Rentals)


1901 Hawkins St

1910 Hawkins St

1928 New Bern Ave

1902 New Bern Ave

Westgrove Tower Condominiums

Ashborough Apartments

Trails Corner Apartments

The Parke at Trinity Apartment Homes
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

4700 Brockton Dr

2112 Ruark Ct

Hunters Run Apartment Homes

Newly Renovated South Valley Apartments
Downtown Raleigh - One of the Best Affordable Neighborhoods in Raleigh
Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

Grand Arbor Reserve Apartment Homes

Pines of Ashton

The District North Hills

4416 Brockton Dr

3108 Woodpecker Ct

713 Highgate Pl

Parkwood Village Apartments

Brentmoor Apartments

The Trails of North Hills
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 Greens at Tryon

Spanish Trace Apartments

Wynsum Townhomes

5648 Thea Ln

Northstone Apartments

5605 Thea Ln

Sterling Glenwood Apartments

Brook Hill Townhouse

Lexington Farms

652 Chappell Dr

656 Chappell Dr

4628 Kilcullen Dr

MAA Trinity

Highlands at Olde Raleigh

4700 Fargo Ct

Madison Hunters Glen
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 | $1,458 | $875 | $4,506 |
Downtown Raleigh 1 Bedroom Apartments | $1,747 | $577 | $5,659 |
Downtown Raleigh 2 Bedroom Apartments | $2,252 | $830 | $7,173 |
Downtown Raleigh 3 Bedroom Apartments | $2,344 | $740 | $7,515 |
Downtown Raleigh 4 Bedroom Apartments | $1,387 | $590 | $8,470 |
Explore Raleigh
Downtown Raleigh, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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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 $947.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is The Wilde which is listed at $880, while the average apartment in Downtown Raleigh costs $8,385.
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 100 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 $540 which is $7,845 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.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.