1092 Nichols Dr
RaleighNC27605
Cheap Homes for Rent in Five Points East Neighborhood of Raleigh, NC from $1,200 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Five Points East area of Raleigh.
2230 Bernard St
RaleighNC27608
1064 Nichols Dr
RaleighNC27605
2328 Bernard St
RaleighNC27608
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.
1221 Westview Ln
RaleighNC27605
849 Bryan St
RaleighNC27605
700 Bishops Park Dr
RaleighNC27605
1021 Brighthurst Dr
RaleighNC27605
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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Five Points East, Raleigh, NC Local Guide
How much does it cost to rent a home in Five Points East?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Five Points East 2 Bedroom Homes for Rent | $1,778 | $1,295 | $2,500 |
| Five Points East 3 Bedroom Homes for Rent | $2,873 | $2,495 | $3,100 |
| Five Points East 4 Bedroom Homes for Rent | $3,200 | $3,200 | $3,200 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 1 mile radius of the Five Points East Neighborhood of Raleigh, NC.
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Five Points East, Raleigh, NC Local Guide
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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 $1,125. Anderson Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. 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 Partial | Studio,1BA | $1,125 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1,125 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1BA | $1,445 |
Best Value Apartments for Rent in Five Points East, NC
As of November 27, 2025 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 $1,699 with a $1.43 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 | $1.43 |
| 1937 Fairfield Dr, Unit A | 1937 Fairfield Dr | 1BR,1BA | $1.59 |
| The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.38 |
| 900 Moses Ct, Unit 901B | 900 Moses Ct | 1BR,1BA | $1.50 |
| Brookside Apartments | Studio Partial | Studio ,1BA | $1.80 |
| Anderson Hills | The Gresham - Renovated | 1BR,1BA | $1.81 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read Article
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleTop Neighborhoods Near Raleigh Colleges and Universities
A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.
Read ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleFive Points East, Raleigh, NC
Ranked #117
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Five Points East
What type of rentals are currently available in Five Points East?
There are currently 47 Apartments for Rent in Five Points East, NC with pricing that ranges from $1,050 to $4,000. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Five Points East ranging from $1,295 to $3,200.
What is the current price range for Rental Homes in Five Points East?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Five Points East ranges from $1,295 to $3,200 with an average monthly rent of $2,404.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.