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

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.

property at 3009 Huntleigh Dr

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

Studio, 1 Bath Condo for Rent

Available Now

3009 Huntleigh Dr, Unit 3009

3009 Huntleigh Dr
RaleighNC27604

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.

property at 2915 Faversham Pl

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2915 Faversham Pl

RaleighNC27604

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.

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 ListingModel NameBed/BathPriced From
Laurel Crossing Apartments1 Bed 1 Bath1BR,1BA$636
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$850
Lexington on the GreenA11BR,1BA$909
The Harrison ApartmentsFurnished Studio A with Private BalconyStudio,1BA$937
Central on the Green Apartment HomesA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Berkshire ParkThe Stately2BR,2BA$1.15
Magnolia House2 Bed / 2.5 Bath2BR,2.5BA$1.19
Litchford 315 Apartments2C - Macon2BR,2BA$1.31
Village at Town CenterHickory2BR,2BA$1.29
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
Cedar Springs ApartmentsThe Bradford2BR,2BA$1.31
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.24
Northstone Apartments1BR/1BA1BR,1BA$1.31
Brentwood West1 Bedroom1BR,1BA$1.28
Overlooke at Simms Creek ApartmentsOne 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

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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 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.

Articles, How-To's, and Tips

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.