
Cheap Homes for Rent in East Raleigh Neighborhood of Raleigh, NC from $500 (25 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

Room in House on Hopper Cir

Room in House on Collaborative Wy

Room in House on Justice Union Ct

2011 Mill Bend Dr
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.

Room in House on Renyard Ct

Room in House on Glacis Ct

Room in Townhome on Big Bass Dr

Room in Townhome on Southern Magnolia Dr

3605 Cold Harbour Dr

110 Dean Pl, Unit Room B
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.

Room in House on Dimaggio Dr

Room in Townhome on Southern Magnolia Dr

Room in Townhome on Summer Violet Ln

Room in House on Tucana St

149 Summer Violet Ln

3009 Huntleigh Dr, Unit 3009
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.

Room in Townhome on Hazy Hills Ln

1320 Park Glen Dr

3136 Daingerfield Dr

3107 N New Hope Rd

4520 N New Hope Rd

2915 Faversham Pl
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1701 Orchard Farm Ln
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 | $1,471 | $1,095 | $2,300 |
| East Raleigh 3 Bedroom Homes for Rent | $1,869 | $1,100 | $2,750 |
| East Raleigh 4 Bedroom Homes for Rent | $2,169 | $620 | $2,900 |
| East Raleigh 5 Bedroom Homes for Rent | $2,697 | $2,225 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the East Raleigh Neighborhood of Raleigh, NC.
Explore Raleigh
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. Overlooke at Simms Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Laurel Crossing Apartments | 1 Bed 1 Bath | 1BR,1BA | $636 |
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $850 |
| Lexington on the Green | A1 | 1BR,1BA | $909 |
| The Harrison Apartments | Furnished Studio A with Private Balcony | Studio,1BA | $937 |
| Central on the Green Apartment Homes | A1 | 1BR,1BA | $953 |
Best Value Apartments for Rent in East Raleigh, NC
As of March 05, 2026 the best value apartment in the East Raleigh area is the $1.15 price per square foot The Stately Model at Berkshire Park in the in the East Raleigh neighborhood starting from $1,344. The second greatest value East Raleigh apartment is the 2 Bed / 2.5 Bath Model at Magnolia House starting at $1,375 with a $1.19 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Berkshire Park | The Stately | 2BR,2BA | $1.15 |
| Magnolia House | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.19 |
| Litchford 315 Apartments | 2C - Macon | 2BR,2BA | $1.31 |
| Village at Town Center | Hickory | 2BR,2BA | $1.29 |
| Walnut Woods Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.24 |
| Cedar Springs Apartments | The Bradford | 2BR,2BA | $1.31 |
| Milner Commons | 2 Bedroom - The Evergreen | 2BR,1BA | $1.24 |
| Northstone Apartments | 1BR/1BA | 1BR,1BA | $1.31 |
| Brentwood West | 1 Bedroom | 1BR,1BA | $1.28 |
| Overlooke at Simms Creek Apartments | One Bedroom One Bathroom 60% | 1BR,1BA | $1.28 |
Frequently Asked Questions about East Raleigh
What type of rentals are currently available in East Raleigh?
There are currently 437 Apartments for Rent in East Raleigh, NC with pricing that ranges from $636 to $6,185. There are also 502 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Raleigh ranging from $525 to $4,000.
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 $525 to $4,000 with an average monthly rent of $1,733.
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 $1,135 to $6,185, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,750. Four Bedroom Single-Family rentals are also available starting from $620 and Four Bedroom Apartments start at $1,780.
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

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.

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.

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.
Articles, How-To's, and Tips

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.