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$1,240 - $1,9701 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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Rent Specials
$1,225 - $1,525Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,600 - $1,9502 Bedroom Apartments Available Now
The Townes at Bishops Park
519-523 Wade AveRaleigh, NC 27605
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1 to 2 Bedroom Apartments
1335-1343 Courtland Dr
1335-1343 Courtland DrRaleigh, NC 27604
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2 Bedroom Apartments
1500 Carson St
1500 Carson StRaleigh, NC 27608
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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1 to 2 Bedroom Apartments
1300 Saint Marys St
1300 Saint Marys StRaleigh, NC 27605
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2 to 3 Bedroom Apartments
1422 Scales St
1422 Scales StRaleigh, NC 27608
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1 to 2 Bedroom Apartments
Parkside at Five Points
2609 McNeill StRaleigh, NC 27608
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2 Bedroom Apartments
1000 Mills Street Apartments
1000-1006 Mills StRaleigh, NC 27608
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1 to 2 Bedroom Apartments
The Mordecai on Clover
420 Clover LnRaleigh, NC 27604
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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1 to 2 Bedroom Apartments
Parkview Manor
911 N Blount StRaleigh, NC 27604
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1 to 2 Bedroom Apartments
Hayes Barton Square
2016-2114 Carroll DrRaleigh, NC 27608
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2 Bedroom Apartments
Doral Apartments
2200-2210 Doral LnRaleigh, NC 27608
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2 to 3 Bedroom Apartments
Capitol Park
181 Oak Chase LnRaleigh, NC 27604
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1 Bedroom Apartments
George's Mews
615-625 Washington StRaleigh, NC 27605
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.
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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 1 Bedroom Apartments | $1,321 | $850 | $1,560 |
| Five Points East 2 Bedroom Apartments | $1,666 | $1,525 | $1,970 |
| Five Points East 3 Bedroom Apartments | $1,420 | $1,420 | $1,420 |
| Five Points East 4 Bedroom Apartments | $4,000 | $4,000 | $4,000 |
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.
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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 Brookside Apartments priced from $1,225. Anderson Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,240. Here are the most affordable Five Points East apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookside Apartments | 1x1 Newly Renovated | 1BR,1BA | $1,225 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,240 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1BA | $1,445 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2BA | $1,600 |
| 1115 Marshall St | Entire Home | 4BR,3BA | $4,000 |
Best Value Apartments for Rent in Five Points East, NC
As of January 22, 2026 the best value apartment in the Five Points East area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value Five Points East apartment is the 2x2.5 townhm Model at The Townes at Bishops Park starting at $1,600 with a $1.35 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. |
|---|---|---|---|
| 1115 Marshall St | Entire Home | 4BR,3.5BA | $0.91 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.35 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.38 |
| Brookside Apartments | 1x1 Partial Upgrade | 1BR,1BA | $1.64 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $2.00 |
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 $1,225 at Brookside Apartments.
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
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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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.
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