Cheap Apartments for Rent in Downtown Raleigh
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1 BED, 1 BATH$5752021 Wolf Tech Ln
2021 Wolf Tech Ln, Raleigh, NC 27603 -
4 BEDS, 4 BATHS$5953000 Centennial Woods Dr
3000 Centennial Woods Dr, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$600Base Rent$600Required Monthly FeesNoneTotal Monthly Price$6001220 University Ct Unit 102
1220 University Ct, Raleigh, NC 27606 -
4 BEDS, 4 BATHS$6202002 Technology Woods Dr Unit 2002 Technology woods Dr
2002 Technology Woods Dr, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New4 BEDS, 4 BATHS$620Base Rent$620Required Monthly FeesNoneTotal Monthly Price$6202011 Wolfmill Dr Unit 2011
2011 Wolfmill Dr, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New4 BEDS, 1 BATH$620Base Rent$620Required Monthly FeesNoneTotal Monthly Price$6202002 Technology Woods Dr
2002 Technology Woods Dr, Raleigh, NC 27603 -
3 BEDS$625Student Housing - Gorman Parkwood
1701 Gorman St, Raleigh, NC 27606 -
Total Monthly Price Total Monthly Price New4 BEDS, 4 BATHS$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$625
1440 Collegiate Cir Unit 104
1440 Collegiate Cir, Raleigh, NC 27606 -
Total Monthly Price Total Monthly Price New3 BEDS, 3 BATHS$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$625
3770 Pardue Woods Pl Unit 301
3770 Pardue Woods Pl, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$625
2021 Wolf Tech Ln Unit 204
2021 Wolf Tech Ln, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New4 BEDS, 4 BATHS$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$6252011 Wolfmill Dr Unit 104
2011 Wolfmill Dr, Raleigh, NC 27603 -
Total Monthly Price Total Monthly Price New4 BEDS, 4 BATHS$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$6251500 Graduate Ln Unit 1500
1500 Graduate Ln, Raleigh, NC 27606 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$625Base Rent$625Required Monthly FeesNoneTotal Monthly Price$625
1911 Wolftech Ln Unit 104
1911 Wolftech Ln, Raleigh, NC 27603 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$650Base Rent$650Required Monthly FeesNoneTotal Monthly Price$6503020 Centennial Woods Dr Unit 3020 Centennial Woods
3020 Centennial Woods Dr, Raleigh, NC 27603 -
1 BED, 1 BATH$65016 Red Ln
16 Red Ln, Raleigh, NC 27606 -
Exceptional Value1 BED$664+2 BEDS$797+The Terrace at Rock Quarry
3600 Diamond Springs Dr, Raleigh, NC 27610 -
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1 BED, 1 BATH$67512 Red Ln
12 Red Ln, Raleigh, NC 27606 -
Exceptional Value2 BEDS$845+3 BEDS$790+4 BEDS$695+
The Wilde
3333 Melrose Club Blvd, Raleigh, NC 27603 -
Rent Special2 BEDS$815+3 BEDS$699+Method Townhomes
700 Method Townes Ct, Raleigh, NC 27607 -
Total Monthly Price Total Monthly Price New4 BEDS, 3 BATHS$700Base Rent$700Required Monthly FeesNoneTotal Monthly Price$7005102 Alercia Ct
5102 Alercia Ct, Raleigh, NC 27606 -
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Rent Special3 BEDS$719Centennial Village Student Housing
2310-2320 Crescent Creek Dr, Raleigh, NC 27606 -
Total Monthly Price Total Monthly Price New4 BEDS, 4 BATHS$720Base Rent$720Required Monthly FeesNoneTotal Monthly Price$7201911 Wolftech Ln Unit 303C 1911
1911 Wolftech Ln, Raleigh, NC 27603 -
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Total Monthly Price Total Monthly Price New1 BED, 1 BATH$725Base Rent$725Required Monthly FeesNoneTotal Monthly Price$7251140 Carlton Ave Unit 102
1140 Carlton Ave, Raleigh, NC 27606 -
Total Monthly Price Total Monthly Price New1 BED, 1 BATH$725Base Rent$725Required Monthly FeesNoneTotal Monthly Price$7251511 Graduate Ln Unit 103
1511 Graduate Ln, Raleigh, NC 27606 -
1 BED, 1 BATH$7301901 Trailwood Heights Ln
1901 Trailwood Heights Ln, Raleigh, NC 27603 -
Raleigh at a Glance
Cheap Apartments in Downtown Raleigh Neighborhood in Raleigh, NC
When looking for cheap apartments in Downtown Raleigh, Apartment Finder is your deal-hunting partner. Whether you’re looking for a studio, a one-bedroom, or a two-bedroom apartment, you want the best place at the right price. We have a great selection of budget-friendly apartments for rent, and we’ll show you which apartments offer the best value when compared to other apartments in Downtown Raleigh.
Finding a rental that fits your budget without compromising on quality can seem like a challenge, but Apartment Finder makes it easy to discover cheap apartments with all the features you want. To find an apartment you can afford, try looking in less popular neighborhoods outside of the city center. Timing is everything when searching for rentals that are affordable, so look at different times of the day, different days of the week and (if you can wait) certain months like December through March. When you find an apartment with a great price, don’t hesitate! Cheap apartments tend to go very quickly.
Affordability doens't have to equal sacrifice. While it’s important to be flexible, you might not have to give up as much as you think. You can find a cheap apartment for rent, complete with must-have amenities such as paid utilities and an in-unit washer and dryer. Click on any of these properties to see photos and floor plans, read reviews, check out the rent calculator, and learn more about the neighborhood with information on nearby parks, shopping malls, and transit stops. With 378 cheap apartments available in Downtown Raleigh, Apartment Finder is the place to find your next rental.
Top Budget-Friendly Neighborhoods in Raleigh
(For 1 bedroom apartments)- Neighborhoods Average Sq Ft Average Rent
- St Marys Estates/Emerald Village 774 Sq Ft $1,208/mo
- Southwest Raleigh 754 Sq Ft $1,254/mo
- Southeast Raleigh 808 Sq Ft $1,282/mo
- East Raleigh 789 Sq Ft $1,324/mo
- Triangle Town Center 754 Sq Ft $1,331/mo
- North Raleigh 743 Sq Ft $1,352/mo
- Lake Johnson 804 Sq Ft $1,364/mo
- Crabtree Valley 762 Sq Ft $1,369/mo
- North Ridge 786 Sq Ft $1,389/mo
- Parkland/Hidden Creek 813 Sq Ft $1,409/mo
Education
Data provided by GreatSchools.org 2025 © 2025. All rights reserved.
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"Best value" units are located in buildings rated three stars or higher. We label apartment rentals that are priced significantly less than similar high-quality units nearby.
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Apartment communities regularly advertise deals for new residents. Whether it's a move-in special or a free tv, we locate the rentals that offer a little something extra when you sign your lease.
Note: Based on community-supplied data and independent market research. Subject to change without notice.