Cheap Homes for Rent in East Raleigh Neighborhood of Raleigh, NC from $500 (40 Rentals)

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

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.

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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.

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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.

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property at 307 Kennedy St

307 Kennedy St

RaleighNC27610

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.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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 Oaks Apartments priced from $859. The Harrison Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $896. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$859
The Harrison ApartmentsStudio A with Private BalconyStudio,1BA$896
Oak City ApartmentsOne Bedroom1BR,1BA$910
Regency Park Apartment HomesA11BR,1BA$913
The WaverlyEdinburgh1BR,1BA$956
Lexington on the GreenA21BR,1BA$990
Autumn PointeMetropolitan1BR,1BA$999
Brentmoor ApartmentsOberlin1BR,1BA$1,000
Anson at North HillsA11BR,1BA$1,022
Vivo Living RaleighGLEN - The Glenwood1BR,1BA$1,049

Best Value Apartments for Rent in East Raleigh, NC

As of December 02, 2025 the best value apartment in the East Raleigh area is the $1.26 price per square foot Clover Model at Affinity at Wendell in the in the Gaylee Village neighborhood starting from $1,920. The second greatest value East Raleigh apartment is the Three Bedroom Model at Walnut Ridge starting at $1,547 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Affinity at WendellClover3BR,2.5BA$1.26
Walnut RidgeThree Bedroom3BR,2BA$1.33
Riverwood Ranch TownhomesFalkirk2BR,2.5BA$1.34
Welcome to Donovan Place – Boutique Living in the Heart of RaleighThe Overlook3BR,2BA$1.27
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
The WaverlyWindsor2BR,2BA$1.15
Casa de LunaB22BR,1.5BA$1.27
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
Northstone Apartments1BR/1BA1BR,1BA$1.31
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30

Frequently Asked Questions about East Raleigh

What type of rentals are currently available in East Raleigh?

There are currently 430 Apartments for Rent in East Raleigh, NC with pricing that ranges from $854 to $3,680. There are also 615 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Raleigh ranging from $545 to $4,500.

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 $545 to $4,500 with an average monthly rent of $2,185.

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 $2,744, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,210 to $3,500. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,800.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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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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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.