Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $500 (76 Rentals)

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

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.

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Rent According to Income: A Look at Income-Restricted Rentals

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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.

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Windsor Falls
Rent Specials
$1,070 - $1,726
Total Monthly Price

Total Monthly Price

Base Rent
$1,070 - $1,726
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
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Brentmoor Apartments
Rent Specials
$1,072 - $1,672
Total Monthly Price

Total Monthly Price

Base Rent
$1,072 - $1,672
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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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
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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 Lexington on the Green priced from $910. 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
Lexington on the GreenA21BR,1BA$910
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
Anson at North HillsA11BR,1BA$942
Central on the Green Apartment HomesA11BR,1BA$956
Oak City ApartmentsOne Bedroom1BR,1BA$995
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$996
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000
The Harrison ApartmentsFurnished Studio A with Large TerraceStudio,1BA$1,030
The WaverlyEdinburgh1BR,1BA$1,036
Pines of AshtonAspen1BR,1BA$1,050

Best Value Apartments for Rent in East Raleigh, NC

As of July 31, 2026 the best value apartment in the East Raleigh area is the $1.32 price per square foot Bailey 2 Model at Walton Farms in the in the Churchill neighborhood starting from $2,000. The second greatest value East Raleigh apartment is the B2 Model at Regency Park Apartment Homes starting at $1,399 with a $1.17 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.
Walton FarmsBailey 23BR,2.5BA$1.32
Regency Park Apartment HomesB22BR,2BA$1.17
Magnolia House2 Bed / 2 Bath2BR,2BA$1.28
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Berkshire ParkThe Simplicity1BR,1BA$1.36
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.36
Lexington on the GreenA31BR,1BA$1.30
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$1.39

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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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 the Cheapest Studio apartment in East Raleigh?

Currently the most affordable Cheap Studio Apartment in East Raleigh is at The Harrison Apartments listed at $1,030.

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

The lowest price for a Cheap One Bedroom East Raleigh Apartment is $910 at Lexington on the Green.

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.

Helpful Local Expert Guides

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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.

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

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

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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.

Articles, How-To's, and Tips

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