Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $500 (89 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

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.

Read Article
close
View Me
Windsor Falls
Rent Specials
$1,000 - $1,495
Total Monthly Price

Total Monthly Price

Base Rent
$1,000 - $1,495
Total Monthly Price
$1,000 - $1,495
1 to 3 Bedroom Apartments Available Now

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
Outdoors
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Brentwood West
$1,108 - $1,569
Total Monthly Price

Total Monthly Price

Base Rent
$1,108 - $1,569
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Brentwood West

3800-3839 Brentwood RdRaleigh, NC 27604
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Brentmoor Apartments
Rent Specials
$1,132 - $1,772
Total Monthly Price

Total Monthly Price

Base Rent
$1,132 - $1,772
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Sunnybrook Residences
Rent Specials
$1,138 - $2,027
Total Monthly Price

Total Monthly Price

Base Rent
$1,138 - $2,027
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Olde Towne Residences
Rent Specials
$1,164 - $1,982
Total Monthly Price

Total Monthly Price

Base Rent
$1,164 - $1,982
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
Active Lifestyle
  • Verified
  • Customer Reviewed
  • 3D Tour

Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

Read Article
close
View Me
North Oaks Landing
Rent Specials
$1,193 - $2,023
Total Monthly Price

Total Monthly Price

Base Rent
$1,193 - $2,023
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 4409 Jonesbay Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

4409 Jonesbay Ln

RaleighNC27616
close
View Me
Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
  • Utilities Included

Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

Read Article
Showing Results 1-50, Page 1 of 2

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 Laurel Crossing Apartments priced from $636. The Terrace at Rock Quarry has the second lowest priced unit, which is a 1 Bed apartment currently listed from $664. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Laurel Crossing Apartments1 Bed 1 Bath1BR,1BA$636
The Terrace at Rock QuarryOne bedroom 30%1BR,1BA$664
Lexington on the GreenA21BR,1BA$919
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
Central on the Green Apartment HomesA21BR,1BA$933
The Harrison ApartmentsStudio A with Private BalconyStudio,1BA$937
Oak City ApartmentsOne Bedroom1BR,1BA$950
Anson at North HillsA11BR,1BA$957
Green MeadowsOne bedroom1BR,1BA$959
Regency Park Apartment HomesA11BR,1BA$986

Best Value Apartments for Rent in East Raleigh, NC

As of May 01, 2026 the best value apartment in the East Raleigh area is the $1.09 price per square foot 2032 Cartier Ruby Ln Model at 2032 Cartier Ruby Ln, Unit Raleigh house in the in the East Raleigh neighborhood starting from $2,400. The second greatest value East Raleigh apartment is the Bailey 2 Model at Walton Farms starting at $2,000 with a $1.32 price per square foot in the Churchill 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.
2032 Cartier Ruby Ln, Unit Raleigh house2032 Cartier Ruby Ln5BR,3BA$1.09
Walton FarmsBailey 23BR,2.5BA$1.32
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.28
Magnolia House2 Bed / 2 Bath2BR,2BA$1.23
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.33
Northridge CrossingsThe Coach1BR,1BA$1.31
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31
Village at Town CenterAspen1BR,1BA$1.32

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

Read Article
Decorative image

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

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 $986.

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

The cheapest apartment in East Raleigh is Laurel Crossing Apartments which is listed at $636, while the average apartment in East Raleigh costs $2,562.

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 53 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 $169 which is $2,393 cheaper than the average rent for all rentals in East Raleigh.

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.

Helpful Local Expert Guides

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

Written by: Chris Munier

Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

Discover Raleigh, North Carolina: A Locals Take on the City of Oaks

Written by: Chris Munier

Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.