Cheap Apartments for Rent in the Greater East Raleigh Neighborhood of Raleigh, NC from $500 (58 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greater East Raleigh area of Raleigh.

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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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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
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Stony Brook
Studio to 3 Bedroom Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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Turtle Cove Apartments
1 to 2 Bedroom Apartments

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
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Autumn Spring Apartments
1 to 2 Bedroom Apartments

Autumn Spring Apartments

3601 Eck DrRaleigh, NC 27604
Senior Living
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Sycamore Run
1 to 3 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
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Greencastle Townhomes
2 Bedroom Apartments

Greencastle Townhomes

4204 Greencastle CtRaleigh, NC 27604
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Cedar Moor
2 to 3 Bedroom Apartments

Cedar Moor

2410-2559 Melvid CtRaleigh, NC 27610
  • Utilities Included

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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The Piedmont Raleigh
Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
Corporate Housing
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Anson at North Hills
1 to 2 Bedroom Apartments

Anson at North Hills

3008 Calvary DrRaleigh, NC 27604
Corporate Housing
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Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
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Honeytree Apartments
1 to 2 Bedroom Apartments

Honeytree Apartments

4344 Saint James Church RdRaleigh, NC 27604
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Rosen at North Hills
1 to 3 Bedroom Apartments

Rosen at North Hills

5825 Pointer DrRaleigh, NC 27609
Corporate Housing
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Milner Commons
Studio to 2 Bedroom Apartments

Milner Commons

101 Russ StRaleigh, NC 27610
Senior Living

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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Greater East Raleigh, Raleigh, NC Local Guide

Cheapest Available Greater East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Greater East Raleigh area of Raleigh, NC is a 2 Beds unit found at Laurel Crossing Apartments priced from $764. The Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable Greater East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Laurel Crossing Apartments2 Bed 2 Bath2BR,2BA$764
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$799
The Harrison ApartmentsFurnished Studio A with Private BalconyStudio,1BA$896
Lexington on the GreenA31BR,1BA$950
The WaverlyEdinburgh1BR,1BA$991
Walnut RidgeTwo Bedroom2BR,2BA$995
Brentmoor ApartmentsOberlin1BR,1BA$1,000
Oak City ApartmentsStudio1BR,1BA$1,005
Regency Park Apartment HomesA11BR,1BA$1,015
The Piedmont Raleigh0 Bed 1 Bath - 496 Sq. Ft.Studio,1BA$1,019

Best Value Apartments for Rent in Greater East Raleigh, NC

As of December 17, 2025 the best value apartment in the Greater East Raleigh area is the $1.26 price per square foot Clover Model at Affinity at Wendell in the in the Gaylee Village neighborhood starting from $1,920. The second greatest value Greater East Raleigh apartment is the Three Bedroom Model at Walnut Ridge starting at $1,495 with a $1.28 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Greater East Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Affinity at WendellClover3BR,2.5BA$1.26
Walnut RidgeThree Bedroom3BR,2BA$1.28
Laurel Crossing Apartments2 Bed 2 Bath2BR,2BA$0.66
Welcome to Donovan Place – Boutique Living in the Heart of RaleighThe Overlook3BR,2BA$1.27
Magnolia HouseB1R2BR,2BA$1.25
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
Berkshire ParkThe Idealist2BR,2BA$1.20
The WaverlyWindsor2BR,2BA$1.14
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$1.28

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.

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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.

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Top 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.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Greater East Raleigh, Raleigh, NC

Ranked #6

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Greater East Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Raleigh, NC. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Greater East Raleigh Neighborhood in Raleigh, NC

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

9 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Greater East Raleigh Apartments

What is a cheap apartment in Greater East Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater East Raleigh is under $1,019.

What is the price of a cheap apartment in Greater East Raleigh?

The cheapest apartment in Greater East Raleigh is The Oaks Apartments which is listed at $799, while the average apartment in Greater East Raleigh costs $2,909.

What types of apartments are the cheapest in Greater East Raleigh?

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 81 regular apartments in Greater East Raleigh that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Greater East Raleigh?

Cheap apartments in Greater East Raleigh have an average cost of $379 which is $2,530 cheaper than the average rent for all rentals in Greater East Raleigh.

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.

Articles, How-To's, and Tips

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!