Cheap Apartments for Rent in the Greater East Raleigh Neighborhood of Raleigh, NC from $500 (48 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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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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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.

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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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Anson at North Hills
1 to 2 Bedroom Apartments

Anson at North Hills

3008 Calvary DrRaleigh, NC 27604
Corporate Housing
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Windsor Falls
1 to 3 Bedroom Apartments

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
Corporate Housing
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Cedar Moor
2 to 3 Bedroom Apartments

Cedar Moor

2410-2559 Melvid CtRaleigh, NC 27610
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Casa de Luna
1 to 3 Bedroom Apartments

Casa de Luna

3819 Bonneville CtRaleigh, NC 27604
  • Utilities Included

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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The Piedmont Raleigh
Studio to 2 Bedroom Apartments

The Piedmont Raleigh

7621 Triangle Promenade DrRaleigh, NC 27616
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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Green Meadows
1 to 2 Bedroom Apartments

Green Meadows

4219 Brockton DrRaleigh, NC 27604
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Cambridge Apartments
2 Bedroom Apartments

Cambridge Apartments

549-565 Cambridge DrZebulon, NC 27597
  • 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 Carrington
1 to 2 Bedroom Apartments

The Carrington

303 Pony RdZebulon, NC 27597
Senior Living
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Plaza Apartments - NC
2 to 3 Bedroom Apartments

Plaza Apartments - NC

735 Crestwood DrGarner, NC 27529
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Riverwood Villas
1 to 2 Bedroom Apartments

Riverwood Villas

368 Athletic Club BlvdClayton, NC 27527
Showing Results 1-48, Page 1 of 1

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 1 Bed unit found at Overlooke at Simms Creek Apartments priced from $850. Lexington on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Greater East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$850
Lexington on the GreenA11BR,1BA$900
The Harrison ApartmentsFurnished Studio A with Private BalconyStudio,1BA$937
Windsor FallsA1A1BR,1BA$972
Anson at North HillsA11BR,1BA$972
Casa de LunaA11BR,1BA$988
Walnut RidgeTwo Bedroom2BR,2BA$995
Brentwood West1 Bedroom1BR,1BA$999
Vivo Living RaleighGLEN - The Glenwood1BR,1BA$999
The Domain ApartmentsPhase 2 - 1 x 1 - Call For Availability1BR,1BA$1,000

Best Value Apartments for Rent in Greater East Raleigh, NC

As of March 15, 2026 the best value apartment in the Greater East Raleigh area is the $1.32 price per square foot Bailey 2 Model at Walton Farms in the in the Churchill neighborhood starting from $2,000. The second greatest value Greater East Raleigh apartment is the 2 Bed / 2.5 Bath Model at Magnolia House starting at $1,375 with a $1.19 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.
Walton FarmsBailey 23BR,2.5BA$1.32
Magnolia House2 Bed / 2.5 Bath2BR,2.5BA$1.19
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
Berkshire ParkThe Idealist2BR,2BA$1.25
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1.5BA$1.19
Northstone Apartments1BR/1BA1BR,1BA$1.31
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30
Brentwood West1 Bedroom1BR,1BA$1.28
Lexington on the GreenA31BR,1BA$1.30
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,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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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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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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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!

Frequently Asked Questions about Cheap Greater East Raleigh Apartments

What is the Cheapest Studio apartment in Greater East Raleigh?

Currently the most affordable Cheap Studio Apartment in Greater East Raleigh is at The Harrison Apartments listed at $937.

How much is rent for a Cheap One Bedroom Greater East Raleigh Apartment?

The lowest price for a Cheap One Bedroom Greater East Raleigh Apartment is $850 at Overlooke at Simms Creek Apartments.

What is the lowest price for a Cheap Two Bedroom Greater East Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Greater East Raleigh is starting from $950 at Overlooke at Simms Creek Apartments.

What is the most affordable Greater East Raleigh Three Bedroom Apartment?

The best deal on a cheap Greater East Raleigh Three Bedroom Apartment rental is at Overlooke at Simms Creek Apartments and starts from $1,225.

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

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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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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.

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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.

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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

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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.

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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.

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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.

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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.