Cheap Apartments for Rent in the East Central Raleigh Neighborhood of Raleigh, NC from $500 (34 Rentals)

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

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

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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
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Walnut Woods Apartments
2 to 3 Bedroom Apartments

Walnut Woods Apartments

3417 Middle Branch 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
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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
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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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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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Showing Results 1-34, 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 Studio unit found at Milner Commons priced from $875. Pines of Ashton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,100. Here are the most affordable East Central Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Milner CommonsStudio - The WillowStudio,1BA$875
Pines of AshtonAspen1BR,1BA$1,100
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,130
Elan City CenterA1Studio,1BA$1,143
The WaverlyEdinburgh1BR,1BA$1,144
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$1,147
South Ridge2 Bed 1 Bath2BR,1BA$1,200
Sunnybrook ResidencesDesign EAStudio,1BA$1,211
The Acorn on Person StreetLeeStudio,1BA$1,235
The MilesS2AStudio,1BA$1,247

Best Value Apartments for Rent in East Central Raleigh, NC

As of June 13, 2025 the best value apartment in the East Central Raleigh area is the $1.46 price per square foot 201 Model at Capital Apartments in the in the Blount Street neighborhood starting from $1,875. 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$1.46
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Sunnybrook Pointe2 Bed 2 Bath2BR,2BA$1.38
Walnut RidgeTwo Bedroom2BR,2BA$1.36
The LincolnThe Newton2BR,2BA$2.13
The WaverlyEdinburgh1BR,1BA$1.26
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Longview Village Apartments1 Bedroom, 1 Bathroom1BR,1BA$2.07
Pines of AshtonAspen1BR,1BA$2.00
Elan City CenterA1Studio ,1BA$2.14

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Pet Friendly Lifestyle
East Central Raleigh, Raleigh, NC

Ranked #89

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
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 $1,247.

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

The cheapest apartment in East Central Raleigh is The Waverly which is listed at $1,054, while the average apartment in East Central Raleigh costs $2,032.

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 29 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 $774 which is $1,258 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.