Cheap Apartments for Rent in the East Central Raleigh Neighborhood of Raleigh, NC from $500 (42 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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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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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
  • Utilities Included

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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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
  • Utilities Included
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
  • Utilities Included
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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
  • Utilities Included

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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Showing Results 1-42, Page 1 of 1

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. Greenway Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. 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
Greenway Flats ApartmentsStudioStudio,1BA$995
The LincolnThe Hub StudioStudio,1BA$1,042
Pines of AshtonAspen1BR,1BA$1,050
The WaverlyEdinburgh1BR,1BA$1,090
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,097
Sunnybrook ResidencesDesign EAStudio,1BA$1,114
The SignalS1Studio,1BA$1,128
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$1,150
Skyhouse RaleighA11BR,1BA$1,194

Best Value Apartments for Rent in East Central Raleigh, NC

As of November 11, 2025 the best value apartment in the East Central Raleigh area is the $1.35 price per square foot 201 Model at Capital Apartments in the in the Blount Street neighborhood starting from $1,725. 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$1.35
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Trails Corner ApartmentsTC 3x13BR,1BA$1.33
Walnut RidgeThree Bedroom3BR,2BA$1.33
Welcome to Donovan Place – Boutique Living...The Garden Walk3BR,2BA$1.32
The WaverlyWindsor2BR,2BA$1.23
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
Sunnybrook Pointe1 Bed 1 Bath1BR,1BA$1.50
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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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 #89

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 a cheap apartment in East Central Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Central Raleigh is under $1,194.

What is the price of a cheap apartment in East Central Raleigh?

The cheapest apartment in East Central Raleigh is Pine Hills Apartments 55+ which is listed at $875, while the average apartment in East Central Raleigh costs $1,884.

What types of apartments are the cheapest in East Central Raleigh?

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 24 regular apartments in East Central Raleigh 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 East Central Raleigh?

Cheap apartments in East Central Raleigh have an average cost of $823 which is $1,061 cheaper than the average rent for all rentals in East Central Raleigh.

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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.