Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $500 (99 Rentals)

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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.

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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.

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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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Brentwood West
$1,108 - $1,343
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$1,108 - $1,343
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1 to 3 Bedroom Apartments Available Now

Brentwood West

3800-3839 Brentwood RdRaleigh, NC 27604
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Sunnybrook Residences
Rent Specials
$1,120 - $2,059
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$1,120 - $2,059
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$1,120 - $2,059
Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
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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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North Oaks Landing
$1,127 - $1,603
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$1,127 - $1,603
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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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Brentmoor Apartments
Rent Specials
$1,132 - $1,672
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$1,132 - $1,672
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Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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Windsor Falls
Rent Specials
$1,135 - $1,736
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$1,135 - $1,736
Total Monthly Price
$1,135 - $1,736
1 to 3 Bedroom Apartments Available Now

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
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Olde Towne Residences
Rent Specials
$1,165 - $2,088
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$1,165 - $2,088
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$1,165 - $2,088
Studio to 3 Bedroom Apartments Available Now

Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
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Level at 401
Rent Specials
$1,184 - $1,728
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$1,184 - $1,728
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Studio to 2 Bedroom Apartments Available Now

Level at 401

5721 Goodstone DrRaleigh, NC 27616
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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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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 2 Beds unit found at The Terrace at Rock Quarry priced from $797. Lexington on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Terrace at Rock QuarryTwo bedroom 30%2BR,2BA$797
Lexington on the GreenA21BR,1BA$910
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
Anson at North HillsA11BR,1BA$942
Spring ForestA1: 1 Bed 1 Bath1BR,1BA$993
Regency Park Apartment HomesA11BR,1BA$998
Wynslow Park*Metropolitan1BR,1BA$999
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$999
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000
Central on the Green Apartment HomesA21BR,1BA$1,005

Best Value Apartments for Rent in East Raleigh, NC

As of June 16, 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 SUNSOAK Model at Summerwell Harmony starting at $2,604 with a $1.20 price per square foot in the Gaylee Village 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
Summerwell HarmonySUNSOAK4BR,2.5BA$1.20
Walton FarmsBailey 23BR,2.5BA$1.32
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.37
River Knoll3 Beds, 1.5 Baths3BR,1.5BA$1.30
Magnolia House2 Bed / 2 Bath2BR,2BA$1.28
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.27
Northridge CrossingsThe Coach1BR,1BA$1.26
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31

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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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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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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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 $1,005.

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

The cheapest apartment in East Raleigh is Lexington on the Green which is listed at $910, while the average apartment in East Raleigh costs $2,856.

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 43 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 $101 which is $2,755 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

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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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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.

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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.

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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

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.