Cheap Apartments for Rent in the Greater East Raleigh Neighborhood of Raleigh, NC from $500 (120 Rentals)

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

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.

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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Windsor Falls
Rent Specials
$1,030 - $1,525
Total Monthly Price

Total Monthly Price

Base Rent
$1,030 - $1,525

Total Monthly Price
$1,030 - $1,525
1 to 3 Bedroom Apartments Available Now

Windsor Falls

1500 Sunbow Falls LnRaleigh, NC 27609
Outdoors
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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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Brentwood West
$1,108 - $1,569
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$1,108 - $1,569

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1 to 3 Bedroom Apartments Available Now

Brentwood West

3800-3839 Brentwood RdRaleigh, NC 27604
Corporate Housing
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Brentmoor Apartments
Rent Specials
$1,132 - $1,772
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$1,132 - $1,772

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1 to 3 Bedroom Apartments Available Now

Brentmoor Apartments

2080-2080 Brentmoor DrRaleigh, NC 27604
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North Oaks Landing
Rent Specials
$1,134 - $2,023
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$1,134 - $2,023

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1 to 3 Bedroom Apartments Available Now

North Oaks Landing

2038 Quail Forest DrRaleigh, NC 27609
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Sunnybrook Residences
Rent Specials
$1,138 - $2,027
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$1,138 - $2,027

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Studio to 3 Bedroom Apartments Available Now

Sunnybrook Residences

2421 Brightcreek Falls TrlRaleigh, NC 27610
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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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Olde Towne Residences
Rent Specials
$1,164 - $1,982
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$1,164 - $1,982

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Olde Towne Residences

2301 Ostracod LnRaleigh, NC 27610
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property at 4409 Jonesbay Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

4409 Jonesbay Ln

RaleighNC27616

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.

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 Laurel Crossing Apartments priced from $636. The Terrace at Rock Quarry has the second lowest priced unit, which is a 1 Bed apartment currently listed from $664. Here are the most affordable Greater East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Laurel Crossing Apartments1 Bed 1 Bath1BR,1BA$636
The Terrace at Rock QuarryOne bedroom 30%1BR,1BA$664
Lexington on the GreenA21BR,1BA$919
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
The Harrison ApartmentsStudio A with Private BalconyStudio,1BA$937
Oak City ApartmentsOne Bedroom1BR,1BA$950
Anson at North HillsA11BR,1BA$957
Green MeadowsOne bedroom1BR,1BA$959
Central on the Green Apartment HomesA21BR,1BA$963
Regency Park Apartment HomesA11BR,1BA$986

Best Value Apartments for Rent in Greater East Raleigh, NC

As of April 30, 2026 the best value apartment in the Greater East Raleigh area is the $1.09 price per square foot 2032 Cartier Ruby Ln Model at 2032 Cartier Ruby Ln, Unit Raleigh house in the in the East Raleigh neighborhood starting from $2,400. The second greatest value Greater East Raleigh apartment is the Bailey 2 Model at Walton Farms starting at $2,000 with a $1.32 price per square foot in the Churchill 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.
2032 Cartier Ruby Ln, Unit Raleigh house2032 Cartier Ruby Ln5BR,3BA$1.09
Walton FarmsBailey 23BR,2.5BA$1.32
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.28
Magnolia House2 Bed / 2 Bath2BR,2BA$1.23
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.33
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1.5BA$1.19
Northridge CrossingsThe Coach1BR,1BA$1.31
Berkshire ParkThe Simplicity1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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 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 $986.

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

The cheapest apartment in Greater East Raleigh is Laurel Crossing Apartments which is listed at $636, while the average apartment in Greater East Raleigh costs $2,562.

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 50 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 $175 which is $2,387 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.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.