
Cheap Homes for Rent in the East Raleigh Neighborhood of Raleigh, NC from $550 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the East Raleigh area of Raleigh.


Room in House on Turning Lake Drive

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Room in Townhome on Oakland Hills Way

Room in House on Justice Union Ct

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Room in House on Dimaggio Dr

Room in Townhome on Big Bass Dr
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.

Room in House on Quartz Ct

Room in House on Justice Union Ct

Room in Townhome on Princess Lita Way

Room in House on Renyard Ct

Room in House on Slippery Elm Dr

133 Liberty Ln

Room in House on Tall Rock Ct

Room in House on Killian Ct

5077 Stonewood Pines Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Room in House on Daingerfield Dr

111 Maple St

Room in Townhome on Tarik Ln

Room in Townhome on Brushfoot Wy

Room in Townhome on Pathfinder Wy

123 Rift Vly Dr

2529 Chert Ln

Room in Townhome on Caddis Bnd

3071 Huntleigh Dr
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.

3065 Huntleigh Dr

302 Lambert St

3007 Huntleigh Dr

4802 Cutstone Ct

1321 Park Glen Dr

3029 Poole Rd

406 Worth Hinton Rd, Unit A

1112 Deep River Ct

4921 Hollenden Dr
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier
East Raleigh, Raleigh, NC Local Guide

How much does it cost to rent a home in East Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| East Raleigh 2 Bedroom Homes for Rent | $1,462 | $850 | $2,100 |
| East Raleigh 3 Bedroom Homes for Rent | $1,941 | $1,195 | $3,980 |
| East Raleigh 4 Bedroom Homes for Rent | $2,278 | $900 | $3,995 |
| East Raleigh 5 Bedroom Homes for Rent | $2,584 | $850 | $3,975 |
| East Raleigh 6 Bedroom Homes for Rent | $2,500 | $2,300 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the East Raleigh Neighborhood of Raleigh, NC.
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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 $730. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Preserve at Gresham Lake | 1 Bedroom | 1BR,1BA | $730 |
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom MKT | 1BR,1BA | $925 |
| Anson at North Hills | A1 | 1BR,1BA | $942 |
| The Oaks Apartments | 1 Bedoom 1 Bathoom | 1BR,1BA | $956 |
| Lexington on the Green | A3 | 1BR,1BA | $966 |
| Oak City Apartments | One Bedroom | 1BR,1BA | $995 |
| The Domain Apartments | Phase 2 - 1 x 1 - Call For Availability | 1BR,1BA | $1,000 |
| The Harrison Apartments | Furnished Studio A with Large Terrace | Studio,1BA | $1,030 |
| The Waverly | Edinburgh | 1BR,1BA | $1,039 |
Best Value Apartments for Rent in East Raleigh, NC
As of September 05, 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 3 Bedroom Model at The Preserve at Gresham Lake starting at $1,597 with a $1.24 price per square foot in the Northridge Trace neighborhood. Here is today’s list of the best values for East Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walton Farms | Bailey 2 | 3BR,2.5BA | $1.32 |
| The Preserve at Gresham Lake | 3 Bedroom | 3BR,2BA | $1.24 |
| Century Grove Park | Rio | 2BR,2BA | $1.31 |
| Magnolia House | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.26 |
| 2200 | 2BR/1.5BA | 2BR,1.5BA | $1.00 |
| Beachwood Park Apartments and Townhomes | The Hatteras Garden | 2BR,2BA | $1.25 |
| The Waverly | Windsor | 2BR,2BA | $1.29 |
| MILLBROOK POINTE | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.23 |
| Northstone Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
| Lexington on the Green | A3 | 1BR,1BA | $1.30 |
Frequently Asked Questions about East Raleigh
What type of rentals are currently available in East Raleigh?
There are currently 463 Apartments for Rent in East Raleigh, NC with pricing that ranges from $664 to $3,165. There are also 597 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Raleigh ranging from $550 to $3,995.
What is the current price range for Rental Homes in East Raleigh?
Today's rental pricing for Homes for Rent, Condos and Townhomes in East Raleigh ranges from $550 to $3,995 with an average monthly rent of $1,909.
How much are larger Three and Four Bedroom Rentals in East Raleigh?
For those who are looking for larger living arrangements, Three Bedroom Apartments in East Raleigh range from $1,164 to $3,165, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,980. Four Bedroom Single-Family rentals are also available starting from $900 and Four Bedroom Apartments start at $2,550.
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

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.

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.

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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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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
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Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
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Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.