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$1,160 - $1,8951 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
$1,149 - $1,599Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,850 - $1,9752 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
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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 Raleigh, North Carolina: A Local's Take on the City of Oaks
Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.
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 | $1,149 | $1,149 | $1,149 |
| Five Points East 1 Bedroom Apartments | $1,373 | $1,160 | $1,585 |
| Five Points East 2 Bedroom Apartments | $1,755 | $1,595 | $1,975 |
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 Studio unit found at Brookside Apartments priced from $1,149. Anderson Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,470. Here are the most affordable Five Points East apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Brookside Apartments | Studio Newly Renovated | Studio,1BA | $1,149 |
| Anderson Hills | The Albemarle - Renovated | 1BR,1BA | $1,470 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2BA | $1,850 |
Best Value Apartments for Rent in Five Points East, NC
As of March 09, 2026 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 The Albemarle - Renovated Model at Anderson Hills starting at $1,470 with a $1.92 price per square foot in the Lakemont 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 |
| Anderson Hills | The Albemarle - Renovated | 1BR,1BA | $1.92 |
| Brookside Apartments | Studio Newly Renovated | Studio ,1BA | $1.84 |
Frequently Asked Questions about Cheap Five Points East Apartments
What is the price of a cheap apartment in Five Points East?
The cheapest apartment in Five Points East is Brookside Apartments which is listed at $1,199, while the average apartment in Five Points East costs $1,795.
What types of apartments are the cheapest in Five Points East?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 10 regular apartments in Five Points East that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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
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.
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.
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.
Discover Raleigh, North Carolina: A Locals Take on the City of Oaks
Written by: Chris Munier
Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.
Articles, How-To's, and Tips
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.
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.
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.
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.