Cheap Apartments for Rent in the East Central Raleigh Neighborhood of Raleigh, NC from $500 (40 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
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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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
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Cedar Moor
2 to 3 Bedroom Apartments

Cedar Moor

2410-2559 Melvid CtRaleigh, 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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Milner Commons
Studio to 2 Bedroom Apartments

Milner Commons

101 Russ StRaleigh, NC 27610
Senior Living

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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East Central Raleigh, Raleigh, NC Local Guide

Cheapest Available East Central Raleigh Apartments for Rent

 

The cheapest available apartment rental in the East Central Raleigh area of Raleigh, NC is a 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. The Waverly has the second lowest priced unit, which is a 1 Bed apartment currently listed from $962. Here are the most affordable East Central Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
The WaverlyEdinburgh1BR,1BA$962
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$989
Walnut RidgeTwo Bedroom2BR,2BA$995
Greenway Flats ApartmentsStudioStudio,1BA$995
Pines of AshtonAspen1BR,1BA$1,050
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,097
Walnut Woods Apartments2 Beds, 1 bath2BR,1BA$1,098
The SignalS1Studio,1BA$1,119
Sunnybrook ResidencesDesign 1A1BR,1BA$1,125

Best Value Apartments for Rent in East Central Raleigh, NC

As of December 30, 2025 the best value apartment in the East Central Raleigh area is the $1.32 price per square foot 201 Model at Capital Apartments in the in the Blount Street neighborhood starting from $1,695. The second greatest value East Central Raleigh apartment is the 3x2.5 Upgraded Townhome-Call For Availability Model at Wynsum Townhomes starting at $1,850 with a $1.49 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for East Central Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Capital Apartments2012BR,1BA$1.32
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Walnut RidgeThree Bedroom3BR,2BA$1.28
Sunnybrook Pointe2 Bed 2 Bath2BR,2BA$1.29
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
The WaverlyWindsor2BR,2BA$1.14
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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Quick Rent Budget Calculator

How much rent can you afford?

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
East Central Raleigh, Raleigh, NC

Ranked #87

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Best Local Schools in
East Central Raleigh, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap East Central Raleigh Apartments

What is the Cheapest Studio apartment in East Central Raleigh?

Currently the most affordable Cheap Studio Apartment in East Central Raleigh is at Greenway Flats Apartments listed at $995.

How much is rent for a Cheap One Bedroom East Central Raleigh Apartment?

The lowest price for a Cheap One Bedroom East Central Raleigh Apartment is $875 at Pine Hills Apartments 55+.

What is the lowest price for a Cheap Two Bedroom East Central Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Central Raleigh is starting from $995 at Walnut Ridge.

What is the most affordable East Central Raleigh Three Bedroom Apartment?

The best deal on a cheap East Central Raleigh Three Bedroom Apartment rental is at Trails Corner Apartments and starts from $1,275.

Expert Rental Resources

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.

Articles, How-To's, and Tips

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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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.