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from $1,2151 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
Cheap Apartments for Rent in the Five Points East Neighborhood of Raleigh, NC from $800 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points East area of Raleigh.
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from $1,325Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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from $1,8502 Bedroom Apartments Available Now
The Townes at Bishops Park
519-523 Wade AveRaleigh, NC 27605
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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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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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Showing Results 1-15, Page 1 of 1
Five Points East, Raleigh, NC Local Guide
How much does it cost to rent an apartment in Five Points East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points East Studio Apartments | $1,325 | $1,325 | $1,325 |
| Five Points East 1 Bedroom Apartments | $1,379 | $1,215 | $1,600 |
| Five Points East 2 Bedroom Apartments | $1,755 | $1,230 | $2,055 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 1 mile radius of the Five Points East Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Five Points East, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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Cheapest Available Five Points East Apartments for Rent
The cheapest available apartment rental in the Five Points East area of Raleigh, NC is a 1 Bed unit found at Anderson Hills priced from $1,215. Brookside Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $1,325. Here are the most affordable Five Points East apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,215 |
| Brookside Apartments | Studio Newly Renovated | Studio,1BA | $1,325 |
| The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $1,400 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2BA | $1,850 |
Best Value Apartments for Rent in Five Points East, NC
As of June 25, 2025 the best value apartment in the Five Points East area is the $1.56 price per square foot 2x2.5 townhm Model at The Townes at Bishops Park in the in the Blount Street neighborhood starting from $1,850. The second greatest value Five Points East apartment is the 1 BR 1 BA TOWNHOME Model at The Mordecai on Clover starting at $1,400 with a $2.00 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Five Points East apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.56 |
| The Mordecai on Clover | 1 BR 1 BA TOWNHOME | 1BR,1BA | $2.00 |
| Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $2.12 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1.96 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleFive Points East, Raleigh, NC
Ranked #117
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Five Points East Apartments
How much is rent for a Cheap One Bedroom Five Points East Apartment?
The lowest price for a Cheap One Bedroom Five Points East Apartment is $1,215 at Anderson Hills.
What is the lowest price for a Cheap Two Bedroom Five Points East Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Five Points East is starting from $1,445 at The Mordecai on Clover.
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.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.