Cheap Apartments for Rent in the Downtown Raleigh Neighborhood of Raleigh, NC from $400 (220 Rentals)Page 4 of 5

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Search the lowest-cost Apartments available for rent right now in the Downtown Raleigh area of Raleigh.

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Walnut Woods Apartments
2 to 3 Bedroom Apartments

Walnut Woods Apartments

3417 Middle Branch RdRaleigh, NC 27610
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
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Kensington Park
1 to 4 Bedroom Apartments

Kensington Park

2800-2842 Avent Ferry RdRaleigh, NC 27606
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Dover Apartments
1 to 4 Bedroom Apartments

Dover Apartments

706 Wexford DrRaleigh, NC 27603
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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
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Greencastle Townhomes
2 Bedroom Apartments

Greencastle Townhomes

4204 Greencastle CtRaleigh, NC 27604
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Honeytree Apartments
1 to 2 Bedroom Apartments

Honeytree Apartments

4344 Saint James Church RdRaleigh, NC 27604
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
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Anclote Arms
2 to 3 Bedroom Apartments

Anclote Arms

3613-3625 Anclote PlRaleigh, NC 27607
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
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Brickettwood Apartments
2 to 3 Bedroom Apartments

Brickettwood Apartments

2105-2131 North Hills DrRaleigh, NC 27612
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Gorman Crossings
2 to 3 Bedroom Apartments

Gorman Crossings

2700-2716 Brigadoon DrRaleigh, NC 27606
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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Five Point Cottages
2 Bedroom Apartments

Five Point Cottages

2201-2223 Brewer StRaleigh, NC 27608
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The Pointe at Midtown
2 to 3 Bedroom Apartments

The Pointe at Midtown

835 Navaho DrRaleigh, NC 27609
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
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Cardinal Apartments
2 Bedroom Apartments

Cardinal Apartments

4801-4815 Bluebird CtRaleigh, NC 27606
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Casa de Luna
1 to 2 Bedroom Apartments

Casa de Luna

3819 Bonneville CtRaleigh, NC 27604
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Montecito West
1 to 2 Bedroom Apartments

Montecito West

1313 Hardimont RdRaleigh, NC 27609
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Clairmont at Farmgate
1 to 3 Bedroom Apartments

Clairmont at Farmgate

6301 Daybrook CirRaleigh, NC 27606
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Pinnacle Apartments
1 to 2 Bedroom Apartments

Pinnacle Apartments

5020-B Edwards Mill RdRaleigh, NC 27612
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Green Meadows
1 to 2 Bedroom Apartments

Green Meadows

4219 Brockton DrRaleigh, NC 27604
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Shamrock Apartments
1 Bedroom Apartments

Shamrock Apartments

732-736 Smallwood DrRaleigh, NC 27605
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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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Channel House
Studio to 2 Bedroom Apartments

Channel House

540 St. Albans DrRaleigh, NC 27609
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The Line
Studio to 2 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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Wayne Ridge Townhomes
2 Bedroom Apartments

Wayne Ridge Townhomes

1600-1638 Hammock PlRaleigh, NC 27606
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Lupton Flats
2 Bedroom Apartments

Lupton Flats

3801-3825 Lupton CirRaleigh, NC 27606
Student Housing

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 $965.

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 112 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 $567 which is $3,183 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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.