Cheap Apartments for Rent in the Fayetteville Street Neighborhood of Raleigh, NC from $500 (51 Rentals)

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

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property at 214 Elm St

214 Elm St

RaleighNC27601
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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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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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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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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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323 S East St
1 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601
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The Line
Studio to 2 Bedroom Apartments

The Line

500 N West StRaleigh, NC 27603
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1301 Hillsborough
1 Bedroom Apartments

1301 Hillsborough

1301 Hillsborough StRaleigh, NC 27605
Student Housing
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104 Ashe
1 Bedroom Apartments

104 Ashe

104 Ashe AveRaleigh, NC 27605
Student Housing
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Wedgwood Apartments
2 to 3 Bedroom Apartments

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
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123 Idlewild
Studio Apartments

123 Idlewild

123 Idlewild AveRaleigh, NC 27601
Showing Results 1-50, Page 1 of 2

Fayetteville Street, Raleigh, NC Local Guide

Cheapest Available Fayetteville Street Apartments for Rent

 

The cheapest available apartment rental in the Fayetteville Street area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,115. Trails Corner Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here are the most affordable Fayetteville Street apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,115
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
Skyhouse RaleighS1AStudio,1BA$1,144
The LincolnThe Hub StudioStudio,1BA$1,185
Shamrock ApartmentsOne Bedroom1BR,1BA$1,199
The PointS1Studio,1BA$1,222
The Acorn on Person StreetLeeStudio,1BA$1,255
The Edison Lofts ApartmentsStudio S1Studio,1BA$1,265
The DillonTiogaStudio,1BA$1,275
The GramercyChelseaStudio,1BA$1,280

Best Value Apartments for Rent in Fayetteville Street, NC

As of April 27, 2025 the best value apartment in the Fayetteville Street area is the $2.00 price per square foot Hudsen - Hargett Model at ABODE at Hargett in the in the Blount Street neighborhood starting from $3,175. The second greatest value Fayetteville Street apartment is the 201 Model at Capital Apartments starting at $1,905 with a $1.49 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Fayetteville Street apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ABODE at HargettHudsen - Hargett3BR,2.5BA$2.00
Capital Apartments2011BR,1BA$1.49
The Apartments at St. Mary'sB42BR,2BA$1.65
Wedgwood Apartments2-2.2BR,2BA$1.54
The MetropolitanBlind Tiger2BR,2BA$2.19
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
712 Tucker712a8441BR,1BA$2.05
MAA HueRed 11BR,1BA$2.13
Cameron Court and The Shelton ApartmentsShelton1BR,1BA$2.12
Shamrock ApartmentsOne Bedroom1BR,1BA$2.05

Quick Rent Budget Calculator

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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.

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Pet Friendly Lifestyle
Fayetteville Street, Raleigh, NC

Ranked #26

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Fayetteville Street, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

Our team is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Fayetteville Street, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and the best proximity to parks and outdoor amenities, apartment communities for the kids, raising pets, transit options, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fayetteville Street Apartments

What is a cheap apartment in Fayetteville Street?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Fayetteville Street is under $1,280.

What is the price of a cheap apartment in Fayetteville Street?

The cheapest apartment in Fayetteville Street is Capital Flats & Magnolia Square Apartments which is listed at $1,115, while the average apartment in Fayetteville Street costs $3,750.

What types of apartments are the cheapest in Fayetteville Street?

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 18 regular apartments in Fayetteville Street 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 Fayetteville Street?

Cheap apartments in Fayetteville Street have an average cost of $144 which is $3,606 cheaper than the average rent for all rentals in Fayetteville Street.

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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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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

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As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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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.