Cheap Apartments for Rent in Downtown Raleigh, Raleigh, NC
Apartments Under $600
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Only 3 units leftStudio $5001 bd $1,0002 bd $2,000Base rent2833 Electric Circle, Raleigh, OR 27417Pet friendly
Apartments Under $1,100
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Only 1 unit left1 bd $1,025Base rent509-511 Cape Ave, Raleigh, NC 27601Apply online • Pet friendly
Apartments Under $1,200
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Rent specials New units availableStudio $1,120+1 bd $1,411+2 bd $1,740+Total monthly cost5.0 (7)408 E Hargett Street, Raleigh, NC 27601Apply online • Pet friendly -
Rent specialsStudio $1,159+1 bd $1,380+2 bd $2,245+Base rent422 S. Person St, Raleigh, NC 27601Pet friendly -
Rent specials Only 1 unit left1 bd $1,199+Base rent3.5 (1)500 East Hargett St, Raleigh, NC 27601Apply online • Pet friendly
Apartments Under $1,300
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Rent specials New units availableStudio $1,295+1 bd $1,325+2 bd $2,230+Total monthly cost401 West Hargett Street, Raleigh, NC 27603Apply online • Pet friendly
Apartments Under $1,400
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Rent specials New units availableStudio $1,323+1 bd $1,5302 bd $2,399+Base rent4.5 (15)600 W Cabarrus St, Raleigh, NC 27603Pet friendly
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Frequently asked questions
What is the price of a cheap apartment in Downtown Raleigh, Raleigh, NC?
The price range of a cheap apartment is between $1,000 and $3,735.
How many cheap rentals are available in Downtown Raleigh, Raleigh, NC on RentCafe?
There are 33 cheap rentals available on RentCafe. Prices and availability in Downtown Raleigh, Raleigh, NC were last updated on 6 Jun 2026.
What is the average size of a cheap apartment in Downtown Raleigh, Raleigh, NC?
The average Downtown Raleigh, Raleigh, NC cheap apartment size is 934 sq. ft.
What are the advantages of renting a cheap apartment in Downtown Raleigh, Raleigh, NC?
Cheap apartments in Downtown Raleigh, Raleigh, NC are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.
What are the downsides of renting a cheap apartment in Downtown Raleigh, Raleigh, NC?
A cheap apartment in Downtown Raleigh, Raleigh, NC offers little storage space and fewer amenities compared to other apartments.