
Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $400 (225 Rentals)Page 2 of 5
Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.


Jones Grant Urban Flats

Bell Jones Franklin

Grand Arbor Reserve Apartment Homes

The Row

The Apartments at St. Mary's

The Summit at Avent Ferry

Anderson Flats

403 West

Centerview at Crossroads

Hunters Run Apartment Homes

Marq at Crabtree

Highlands at Olde Raleigh

Newly Renovated South Valley Apartments

Allora Southview

The Acorn on Person Street

The Point

The Signal

Crabtree Lakeside

209 E Peace St

Broadstone Oak City

Creekside at Crabtree

Sojourn Glenwood Place

MAA Trinity

MAA Vale

The Franklin at Crossroads

4600 Brockton Dr

Anderson Hills

The Gramercy

The Miles

2431 Milburnie Rd

713 Highgate Pl

Link Apartments® Glenwood South

4704 Hoyle Dr

1501 Mary Frances Pl

Wildwoods Of Lake Johnson

Historic Boylan Apartments

The Greens at Tryon

Vintage Raleigh West

511 Faye

The Edison Lofts Apartments

Clairmont at Crabtree

927 West Morgan
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 | $1,414 | $875 | $4,432 |
Downtown Raleigh 1 Bedroom Apartments | $1,746 | $625 | $5,917 |
Downtown Raleigh 2 Bedroom Apartments | $2,235 | $830 | $7,077 |
Downtown Raleigh 3 Bedroom Apartments | $2,415 | $740 | $7,515 |
Downtown Raleigh 4 Bedroom Apartments | $1,219 | $450 | $6,980 |
Browse Apartments in this Neighborhood
There are currently 225 rentals with your search options within a 2 mile radius of the Downtown Raleigh Neighborhood of Raleigh, NC.
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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 $950.
What is the price of a cheap apartment in Downtown Raleigh?
The cheapest apartment in Downtown Raleigh is Vivo Living Raleigh which is listed at $907, while the average apartment in Downtown Raleigh costs $8,185.
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 $540 which is $7,645 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.

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.

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.