Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $530 (83 Rentals)

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

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North Oaks Landing
$1,046 - $2,581

Total Monthly Price

Base Rent$1,046 - $2,581
Total Monthly PriceVaries
1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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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 Arbors
2 to 3 Bedroom Apartments

The Arbors

2611 Pine Village RdRaleigh, NC 27615
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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 to 3 Bedroom Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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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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Autumn Spring Apartments
1 to 2 Bedroom Apartments

Autumn Spring Apartments

3601 Eck DrRaleigh, NC 27604
Senior Living
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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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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 The Preserve at Gresham Lake priced from $530. Overlooke at Simms Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Preserve at Gresham Lake1 Bedroom1BR,1BA$530
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$956
Oak City ApartmentsOne Bedroom1BR,1BA$960
Lexington on the GreenA31BR,1BA$966
Anson at North HillsA11BR,1BA$967
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000
The Harrison ApartmentsFurnished Studio A with Large TerraceStudio,1BA$1,021
The WaverlyEdinburgh1BR,1BA$1,023

Best Value Apartments for Rent in East Raleigh, NC

As of September 16, 2026 the best value apartment in the East Raleigh area is the $1.24 price per square foot Cameron Model at Townes at Olde Birch in the in the East Raleigh neighborhood starting from $1,975. The second greatest value East Raleigh apartment is the 2 Bed / 2.5 Bath Model at Magnolia House starting at $1,449 with a $1.26 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.
Townes at Olde BirchCameron3BR,2.5BA$1.24
Magnolia House2 Bed / 2.5 Bath2BR,2.5BA$1.26
22002BR/1.5BA2BR,1.5BA$1.00
4720 Matt Drive2BR/2.0BA2BR,2BA$1.19
The WaverlyWindsor2BR,2BA$1.30
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
The Preserve at Gresham Lake2 Bedroom2BR,2BA$1.09
Northstone Apartments1BR/1BA1BR,1BA$1.31
North Oaks LandingThe Crabtree1BR,1BA$1.31
Lexington on the GreenA31BR,1BA$1.30

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Navigating the Rental Market: Tips for First-Time Renters

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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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 the Cheapest Studio apartment in East Raleigh?

Currently the most affordable Cheap Studio Apartment in East Raleigh is at The Harrison Apartments listed at $1,021.

How much is rent for a Cheap One Bedroom East Raleigh Apartment?

The lowest price for a Cheap One Bedroom East Raleigh Apartment is $530 at The Preserve at Gresham Lake.

What is the lowest price for a Cheap Two Bedroom East Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in East Raleigh is starting from $1,025 at Overlooke at Simms Creek Apartments.

What is the most affordable East Raleigh Three Bedroom Apartment?

The best deal on a cheap East Raleigh Three Bedroom Apartment rental is at Overlooke at Simms Creek Apartments and starts from $1,225.

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.

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