Cheap Homes for Rent in East Raleigh Neighborhood of Raleigh, NC from $500 (19 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes 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.

property at 133 Liberty Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

1 Bedroom, 2 Bath Home for Rent

Available Now

133 Liberty Ln

ClaytonNC27520

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.

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.

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 Terrace at Rock Quarry priced from $664. Lexington on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $908. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Terrace at Rock QuarryOne bedroom 30%1BR,1BA$664
Lexington on the GreenA11BR,1BA$908
Anson at North HillsA11BR,1BA$932
Village at Town CenterAspen1BR,1BA$983
Spring ForestWillow1BR,1BA$992

Best Value Apartments for Rent in East Raleigh, NC

As of June 04, 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 Bailey 2 Model at Walton Farms starting at $2,000 with a $1.32 price per square foot in the Churchill 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
Walton FarmsBailey 23BR,2.5BA$1.32
Lexington on the GreenC13BR,2BA$1.34
River Knoll3 Beds, 1.5 Baths3BR,1.5BA$1.30
Magnolia House2 Bed / 2 Bath2BR,2BA$1.23
Cedar Springs ApartmentsThe Bradford2BR,2BA$1.38
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

Frequently Asked Questions about East Raleigh

What type of rentals are currently available in East Raleigh?

There are currently 451 Apartments for Rent in East Raleigh, NC with pricing that ranges from $664 to $6,784. There are also 504 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Raleigh ranging from $570 to $3,645.

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 $570 to $3,645 with an average monthly rent of $1,834.

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 $6,784, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $2,495.

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

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

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

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.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

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.

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.