Cheap Apartments for Rent in the Northeast Raleigh Neighborhood of Raleigh, NC from $700 (206 Rentals)

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

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Duraleigh Woods
Rent Specials
$921 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$889 - $1,717
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1 to 2 Bedroom Apartments Available Now

Duraleigh Woods

5600 Briar Oak LnRaleigh, NC 27612
Pet Friendly
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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

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Sailboat Bay
$972 - $1,520
Total Monthly Price

Total Monthly Price

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$946 - $1,494
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1 to 2 Bedroom Apartments Available Now

Sailboat Bay

3221 Lynn Ridge RdRaleigh, NC 27613
Corporate Housing
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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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Concord Apartments
$1,022 - $1,672
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$995 - $1,645
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1 to 3 Bedroom Apartments Available Now

Concord Apartments

3920 Knickerbocker PkyRaleigh, NC 27612
Corporate Housing
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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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Bridgeport
$1,063 - $1,742
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Total Monthly Price

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$1,031 - $1,710
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1 to 3 Bedroom Apartments Available Now

Bridgeport

4101 Lake Lynn DrRaleigh, NC 27613
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Northeast Raleigh, Raleigh, NC Local Guide

Cheapest Available Northeast Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Northeast Raleigh area of Raleigh, NC is a 1 Bed unit found at Overlooke at Simms Creek Apartments priced from $850. Bridges at North Hills has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here are the most affordable Northeast Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$850
Bridges at North HillsStudioStudio,1BA$900
Lexington on the GreenA11BR,1BA$900
Duraleigh WoodsAmberton 1x11BR,1BA$921
The TimbersA1 One Bed One Bath1BR,1BA$927
Vivo Living North WoodsSTA - Studio AStudio,1BA$929
The Harrison ApartmentsFurnished Studio A with Private BalconyStudio,1BA$937
The DistrictThe Gray FoxStudio,1BA$945
8809-8813 Litchford Rd2nd Floor Bedroom Suite1BR,1BA$950
Autumn RidgeSassafras1BR,1BA$958

Best Value Apartments for Rent in Northeast Raleigh, NC

As of March 14, 2026 the best value apartment in the Northeast Raleigh area is the $1.30 price per square foot CT 2x1.5 Model at Colony Townhomes in the in the Copper Ridge neighborhood starting from $1,399. The second greatest value Northeast Raleigh apartment is the Two Bedroom Model at Hunting Ridge starting at $1,335 with a $1.30 price per square foot in the Northridge Trace neighborhood. Here is today’s list of the best values for Northeast Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Colony TownhomesCT 2x1.52BR,1.5BA$1.30
Hunting RidgeTwo Bedroom2BR,1.5BA$1.30
MAA Crabtree22A2BR,2BA$1.28
Laurel SpringsThe Oak1BR,1BA$1.12
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1.5BA$1.19
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30
Lynn Lake1B Renovation 21BR,1BA$1.28
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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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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Best Local Schools in
Northeast Raleigh, Raleigh, NC

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Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Northeast Raleigh, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Northeast Raleigh Apartments

What is a cheap apartment in Northeast Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Northeast Raleigh is under $958.

What is the price of a cheap apartment in Northeast Raleigh?

The cheapest apartment in Northeast Raleigh is Overlooke at Simms Creek Apartments which is listed at $850, while the average apartment in Northeast Raleigh costs $1,879.

What types of apartments are the cheapest in Northeast 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 99 regular apartments in Northeast 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 Northeast Raleigh?

Cheap apartments in Northeast Raleigh have an average cost of $148 which is $1,731 cheaper than the average rent for all rentals in Northeast 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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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.