1106 Filmore St
RaleighNC27605
Cheap Apartments for Rent in the Five Points East Neighborhood of Raleigh, NC from $800 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Five Points East area of Raleigh.
1000 Glenwood Ave
RaleighNC27605
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$1,050 - $1,450
Total Monthly Price
1 to 2 Bedroom Apartment Available NowTotal Monthly Price
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$1,050 - $1,450
Total Monthly Price
$1,050 - $1,450
900 Moses Ct
900 Moses CtRaleigh, NC 27604
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Rent Specials
$1,099 - $1,599Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,210 - $1,8351 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
2224 Bernard St
RaleighNC27608
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1 to 2 Bedroom Apartments
1335-1343 Courtland Dr
1335-1343 Courtland DrRaleigh, NC 27604
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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1 to 2 Bedroom Apartments
Moses Court Apartment Homes
900-901 Moses CtRaleigh, NC 27604
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2 Bedroom Apartments
1000 Mills Street Apartments
1000-1006 Mills StRaleigh, NC 27608
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2 Bedroom Apartments
Five Point Cottages
2201-2223 Brewer StRaleigh, NC 27608
1617 Sunrise Ave
RaleighNC27608
1617 Sunrise Ave, Unit B
1617 Sunrise Ave
RaleighNC27608
2206 Bernard St
RaleighNC27608
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1 to 2 Bedroom Apartments
The Mordecai on Clover
420 Clover LnRaleigh, NC 27604
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.
Showing Results 1-14, 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 | $1,124 | $1,099 | $1,149 |
| Five Points East 1 Bedroom Apartments | $1,345 | $895 | $1,805 |
| Five Points East 2 Bedroom Apartments | $1,718 | $1,375 | $2,100 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 14 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 $1,125. Anderson Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,320. 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 Classic | 1BR,1BA | $1,125 |
| Anderson Hills | The Albemarle - Renovated | 1BR,1BA | $1,320 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1BA | $1,350 |
| 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 08, 2026 the best value apartment in the Five Points East area is the $1.57 price per square foot 1937 Fairfield Dr Model at 1937 Fairfield Dr, Unit Apt. D in the in the Oakwood neighborhood starting from $1,885. The second greatest value Five Points East apartment is the 2x2.5 townhm Model at The Townes at Bishops Park starting at $1,850 with a $1.56 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. |
|---|---|---|---|
| 1937 Fairfield Dr, Unit Apt. D | 1937 Fairfield Dr | 2BR,1BA | $1.57 |
| The Townes at Bishops Park | 2x2.5 townhm | 2BR,2.5BA | $1.56 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.29 |
| Anderson Hills | The Albemarle - Renovated | 1BR,1BA | $1.72 |
| Brookside Apartments | 1x1 Partial Upgrade | 1BR,1BA | $1.51 |
| 900 Moses Ct | 900 Moses Ct | 1BR,1BA | $1.64 |
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 $1,125, 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 6 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.
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