Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $400 (206 Rentals)

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Explore the Best Cheap Apartments in Downtown Raleigh area of Raleigh for Renters Looking for a Great Deal on Lower Cost Rent for the Area.

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2100 Wolf Tech Ln
$4504 Bedroom, 4 Bath Home for RentAvailable Now

2100 Wolf Tech Ln

Raleigh, NC 27603
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3011 Barrymore St
$6171 Bedroom, 1 Bath Home for RentAvailable Now

3011 Barrymore St

Raleigh, NC 27603
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129 Pineland Cir
$7001 Bedroom, 1 Bath Home for RentAvailable Now

129 Pineland Cir

Raleigh, NC 27606
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1331 Crab Orchard Dr
$8691 Bedroom, 1 Bath Home for RentAvailable Now

1331 Crab Orchard Dr

Raleigh, NC 27606
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Showing Results 1-50, Page 1 of 5

Downtown Raleigh, Raleigh, NC Local Guide

Cheapest Available Downtown Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Downtown Raleigh area of Raleigh, NC is a 1 Bed unit found at Arbor Creek priced from $855. Westgrove Tower Condominiums has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Downtown Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Arbor Creek11H1BR,1BA$855
Westgrove Tower CondominiumsS1Studio,1BA$895
Vivo Living North WoodsStudio AStudio,1BA$899
1820 at Centennial4x44BR,4BA$900
Aurella CaryThe Camillia1BR,1BA$935
The Oakwood Apartments1BR/1.0BA1BR,1BA$950

Best Value Apartments for Rent in Downtown Raleigh, NC

As of December 28, 2024 the best value apartment in the Downtown Raleigh area is the $0.65 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $940. The second greatest value Downtown Raleigh apartment is the 4 Bed, 4 Bath Plus Model at Yugo Raleigh Logan starting at $1,179 with a $0.88 price per square foot in the Cameron Park neighborhood. Here is today’s list of the best values for Downtown Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village at 25054x44BR,4BA$0.65
Yugo Raleigh Logan4 Bed, 4 Bath Plus4BR,4BA$0.88
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.46
1430 Collegeview Ave, Unit University Glen1430 Collegeview Ave4BR,4BA$0.47
Centennial Village Student Housing3x33BR,3BA$0.58
Centennial Ridge Student Housing3x33BR,3BA$0.58
1251 University Ct, Unit 11251 University Ct1BR,1BA$0.63
1820 at Centennial3x33BR,3BA$0.83
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89
Campus Crossings at Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.95

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Pet Friendly Lifestyle
Downtown Raleigh, Raleigh, NC

Ranked #3

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

5.0
Pet Friendly

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Best Local Schools in
Downtown Raleigh, Raleigh, NC

School data provided by Great Schools

Best Local Schools in
Downtown Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina including Downtown Raleigh, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for outdoor amenities like tennis courts, luxury amenities, pet-friendly features, places to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Raleigh Apartments

What is the Cheapest Studio apartment in Downtown Raleigh?

Currently the most affordable Cheap Studio Apartment in Downtown Raleigh is at Westgrove Tower Condominiums listed at $895.

How much is rent for a Cheap One Bedroom Downtown Raleigh Apartment?

The lowest price for a Cheap One Bedroom Downtown Raleigh Apartment is $855 at Arbor Creek.

What is the lowest price for a Cheap Two Bedroom Downtown Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Raleigh is starting from $1,035 at Arbor Creek.

What is the most affordable Downtown Raleigh Three Bedroom Apartment?

The best deal on a cheap Downtown Raleigh Three Bedroom Apartment rental is at 1820 at Centennial and starts from $960.

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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What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

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Navigating the World of Low-Income Housing: A Comprehensive Guide

Written by: Kevin Ready

Are you having difficulty keeping up with bills or paying the rent? If so, you are not alone. Many families struggle to keep up with rents that have increased up to 40% in the past decade.

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Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.

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Real Estate Term Glossary: Your Guide to The A to Zs of Renting

Written by: Kevin Ready

Navigating the world of real estate can reveal an abundance of terminology and phrasing around the topics of renting and buying that for some may seem like a brand-new language.