
Cheap Homes for Rent in East Raleigh Neighborhood of Raleigh, NC from $500 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the East Raleigh area of Raleigh.


Room in House on Brintons Cottage St

Room in House on Glacis Ct

Room in House on Justice Union Ct

Room in Townhome on Warm Springs Ln

Room in House on Sugarplum Road
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.

Room in House on Sunnybrook Rd

Room in House on Longleaf Gln Ln

Room in Townhome on Arkose Dr

133 Liberty Ln

Room in Townhome on Billingshurst Wy

649 Sunnybrook Rd
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 Townhome on Kasota Ln

149 Summer Violet Ln

Room in Townhome on Pathfinder Wy

Room in Townhome on Kasota Ln

Room in Townhome on Hazy Hills Ln

3033 Poole Rd
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.

1405 Cross Stream Dr
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 | $1,502 | $1,100 | $2,100 |
| East Raleigh 3 Bedroom Homes for Rent | $1,947 | $850 | $2,900 |
| East Raleigh 4 Bedroom Homes for Rent | $2,239 | $1,395 | $3,400 |
| East Raleigh 5 Bedroom Homes for Rent | $2,636 | $2,275 | $3,645 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Terrace at Rock Quarry | One bedroom 30% | 1BR,1BA | $664 |
| Lexington on the Green | A1 | 1BR,1BA | $908 |
| Anson at North Hills | A1 | 1BR,1BA | $932 |
| Village at Town Center | Aspen | 1BR,1BA | $983 |
| Spring Forest | Willow | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 2032 Cartier Ruby Ln, Unit Raleigh house | 2032 Cartier Ruby Ln | 5BR,3BA | $1.09 |
| Walton Farms | Bailey 2 | 3BR,2.5BA | $1.32 |
| Lexington on the Green | C1 | 3BR,2BA | $1.34 |
| River Knoll | 3 Beds, 1.5 Baths | 3BR,1.5BA | $1.30 |
| Magnolia House | 2 Bed / 2 Bath | 2BR,2BA | $1.23 |
| Cedar Springs Apartments | The Bradford | 2BR,2BA | $1.38 |
| MILLBROOK POINTE | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.27 |
| Northridge Crossings | The Coach | 1BR,1BA | $1.26 |
| The Domain Apartments | Phase 2 - 1 x 1 Upgrade-Call For Availability | 1BR,1BA | $1.33 |
| Northstone Apartments | 1BR/1BA | 1BR,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

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.

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

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.

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.

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.

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.