Cheap Homes for Rent in the East Raleigh Neighborhood of Raleigh, NC from $550 (36 Rentals)

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

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property at 133 Liberty Ln
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
1 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

133 Liberty Ln

ClaytonNC27520

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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 ListingModel NameBed/BathPriced From
The Preserve at Gresham Lake1 Bedroom1BR,1BA$730
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom MKT1BR,1BA$925
Anson at North HillsA11BR,1BA$942
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$956
Lexington on the GreenA31BR,1BA$966
Oak City ApartmentsOne Bedroom1BR,1BA$995
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$1,039

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 ListingModel NameBed/BathPrice Per Sq.Ft.
Walton FarmsBailey 23BR,2.5BA$1.32
The Preserve at Gresham Lake3 Bedroom3BR,2BA$1.24
Century Grove ParkRio2BR,2BA$1.31
Magnolia House2 Bed / 2.5 Bath2BR,2.5BA$1.26
22002BR/1.5BA2BR,1.5BA$1.00
Beachwood Park Apartments and TownhomesThe Hatteras Garden2BR,2BA$1.25
The WaverlyWindsor2BR,2BA$1.29
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Northstone Apartments1BR/1BA1BR,1BA$1.31
Lexington on the GreenA31BR,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.

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