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Cheap Apartments for Rent in Downtown Raleigh, Raleigh, NC

Cheap Apartments for Rent in Downtown Raleigh, Raleigh, NC. 124 Rentals Available
124 Rentals Available
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Apartments Under $600 Apartments Under $1,100 Apartments Under $1,200 Apartments Under $1,300 Apartments Under $1,400

Apartments Under $600

  • A park with a clock tower and a pond.
    Only 3 units left
    Studio $500
    1 bd $1,000
    2 bd $2,000
    Base rent
    Verified Listing

    2833 Electric Circle, Raleigh, OR 27417
    Pet friendly

Apartments Under $1,100

  • 509-511 Cape Ave 1 Apartment for Rent
    Only 1 unit left
    1 bd $1,025
    Base rent
    Verified Listing

    509-511 Cape Ave, Raleigh, NC 27601
    Apply online • Pet friendly

Apartments Under $1,200

  • a living room with a couch and a fireplace
    Rent specials New units available
    Studio $1,120+
    1 bd $1,411+
    2 bd $1,740+
    Total monthly cost
    Verified Listing

    5.0 (7)
    408 E Hargett Street, Raleigh, NC 27601
    Apply online • Pet friendly
  • a living room with couches and chairs and a television
    Rent specials
    Studio $1,159+
    1 bd $1,380+
    2 bd $2,245+
    Base rent
    Verified Listing

    422 S. Person St, Raleigh, NC 27601
    Pet friendly
  • a living room with leather couches and a coffee table
    Rent specials Only 1 unit left
    1 bd $1,199+
    Base rent
    Verified Listing

    3.5 (1)
    500 East Hargett St, Raleigh, NC 27601
    Apply online • Pet friendly

Apartments Under $1,300

  • A living room with a white couch and a wooden coffee table.
    Rent specials New units available
    Studio $1,295+
    1 bd $1,325+
    2 bd $2,230+
    Total monthly cost
    Verified Listing

    401 West Hargett Street, Raleigh, NC 27603
    Apply online • Pet friendly

Apartments Under $1,400

  • a living room with couches chairs and a table
    Rent specials New units available
    Studio $1,323+
    1 bd $1,530
    2 bd $2,399+
    Base rent
    Verified Listing

    4.5 (15)
    600 W Cabarrus St, Raleigh, NC 27603
    Pet friendly
7-0-nhood

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.