Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $500 (43 Rentals)

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Search the lowest-cost Apartments available for rent right now in the East 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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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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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
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Stony Brook
Studio Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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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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Turtle Cove Apartments
1 to 2 Bedroom Apartments

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
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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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Honeytree Apartments
1 to 2 Bedroom Apartments

Honeytree Apartments

4344 Saint James Church RdRaleigh, NC 27604
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Greencastle Townhomes
2 Bedroom Apartments

Greencastle Townhomes

4204 Greencastle CtRaleigh, NC 27604
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610

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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Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
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Green Meadows
1 to 2 Bedroom Apartments

Green Meadows

4219 Brockton DrRaleigh, NC 27604
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Cambridge Apartments
2 Bedroom Apartments

Cambridge Apartments

549-565 Cambridge DrZebulon, NC 27597
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Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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The Carrington
1 to 2 Bedroom Apartments

The Carrington

303 Pony RdZebulon, NC 27597
Senior Living
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Keystone Commons
2 Bedroom Apartments

Keystone Commons

601-603 Worth Hinton RdZebulon, NC 27597
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Plaza Apartments - NC
2 to 3 Bedroom Apartments

Plaza Apartments - NC

735 Crestwood DrGarner, NC 27529
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Showing Results 1-43, Page 1 of 1

East Raleigh, Raleigh, NC Local Guide

Cheapest Available East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the East Raleigh area of Raleigh, NC is a 1 Bed unit found at Spring Forest priced from $962. Anson at North Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Spring ForestWillow1BR,1BA$962
Anson at North HillsA11BR,1BA$999
Northridge CrossingsThe Coach1BR,1BA$999
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1BA$999
Vivo Living RaleighThe Glenwood1BR,1BA$1,004
Brentmoor ApartmentsGlenwood1BR,1BA$1,025
Central on the Green Apartment HomesA31BR,1BA$1,035
Green MeadowsOne bedroom1BR,1BA$1,045
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1,049
Milner Commons1 Bedroom - The Cedar1BR,1BA$1,060

Best Value Apartments for Rent in East Raleigh, NC

As of June 28, 2025 the best value apartment in the East Raleigh area is the $1.26 price per square foot Clover Model at Affinity at Wendell in the in the Gaylee Village neighborhood starting from $1,920. The second greatest value East Raleigh apartment is the Falkirk Model at Riverwood Ranch Townhomes starting at $1,535 with a $1.34 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for East Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Affinity at WendellClover3BR,2.5BA$1.26
Riverwood Ranch TownhomesFalkirk2BR,2.5BA$1.34
Regency Park Apartment HomesB12BR,1.5BA$1.14
Magnolia HouseB12BR,2BA$1.25
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.17
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1.5BA$1.08
The WaverlyEdinburgh1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30
Central on the Green Apartment HomesA31BR,1BA$1.34

Quick Rent Budget Calculator

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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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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across North Carolina including East Raleigh, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap East Raleigh Apartments

What is a cheap apartment in East Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Raleigh is under $1,060.

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

The cheapest apartment in East Raleigh is Spring Forest which is listed at $942, while the average apartment in East Raleigh costs $2,666.

What types of apartments are the cheapest in East 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 64 regular apartments in East 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 Raleigh?

Cheap apartments in East Raleigh have an average cost of $264 which is $2,402 cheaper than the average rent for all rentals in East 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.