Cheap Homes for Rent in East Central Raleigh Neighborhood of Raleigh, NC from $400 (12 Rentals)

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

property at 429 Rose Ln

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

429 Rose Ln

RaleighNC27610

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.

property at 1211 Boyer St

$1,350

3 Bedroom, 1 Bath Home for Rent

Available Now

1211 Boyer St

RaleighNC27610

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.

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 2 Beds unit found at Milner Commons priced from $575. Pine Hills Apartments 55+ has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here are the most affordable East Central Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Milner Commons2 Bedroom - The Evergreen2BR,1BA$575
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$929
The WaverlyEdinburgh1BR,1BA$937
Greenway Flats ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in East Central Raleigh, NC

As of January 15, 2026 the best value apartment in the East Central Raleigh area is the $1.50 price per square foot 3 Bed 2 Bath Model at Sunnybrook Pointe in the in the East Raleigh neighborhood starting from $1,923. The second greatest value East Central Raleigh apartment is the 201 Model at Capital Apartments starting at $1,695 with a $1.32 price per square foot in the Blount Street 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.
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.50
Capital Apartments2012BR,1BA$1.32
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Walnut RidgeThree Bedroom3BR,2BA$1.28
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
The WaverlyWindsor2BR,2BA$1.23
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
Milner Commons2 Bedroom - The Evergreen2BR,1BA$0.58
Longview Village Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.52
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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Frequently Asked Questions about East Central Raleigh

What type of rentals are currently available in East Central Raleigh?

There are currently 185 Apartments for Rent in East Central Raleigh, NC with pricing that ranges from $750 to $4,804. There are also 79 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Central Raleigh ranging from $475 to $4,500.

What is the current price range for Rental Homes in East Central Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Central Raleigh ranges from $475 to $4,500 with an average monthly rent of $2,384.

How much are larger Three and Four Bedroom Rentals in East Central Raleigh?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Central Raleigh range from $1,250 to $4,804, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,245. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $1,780.

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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.