Cheap Homes for Rent in Northeast Raleigh Neighborhood of Raleigh, NC from $400 (37 Rentals)

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Search the lowest-cost Homes available for rent right now in the Northeast 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.

property at 7124 Longstreet Dr

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 2 Bath Condo for Rent

Available Now

7124 Longstreet Dr

RaleighNC27615
property at 2905 Faversham Pl

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2905 Faversham Pl

RaleighNC27604
property at 4021 Blackstone Dr

$1,275

Total Monthly Price

Total Monthly Price

Base Rent
$1,275

Total Monthly Price
$1,275

2 Bedroom, 2 Bath Condo for Rent

Available Now

4021 Blackstone Dr, Unit 200

4021 Blackstone Dr
RaleighNC27616

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.

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.

property at 5009 Casa del Rey Dr

$1,500

Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500

2 Bedroom, 2 Bath Townhome for Rent

Available Jul 14

5009 Casa del Rey Dr

RaleighNC27616

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.

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 Lexington on the Green priced from $908. Vivo Living North Woods has the second lowest priced unit, which is a Studio apartment currently listed from $929. Here are the most affordable Northeast Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Lexington on the GreenA11BR,1BA$908
Vivo Living North WoodsSTA - Studio AStudio,1BA$929
Anson at North HillsA11BR,1BA$942
Bridges at North HillsA1: 1 Bed 1 Bath1BR,1BA$943
The FallsCapris FallsStudio,1BA$945
The DistrictThe Gray FoxStudio,1BA$945
Tree TopS1: 0 Bed 1 BathStudio,1BA$946
Lynnwood ParkThe Alexander1BR,1BA$950
8809-8813 Litchford Rd2nd Floor Bedroom Suite1BR,1BA$950
Village of PickwickThe Brighton1BR,1BA$965

Best Value Apartments for Rent in Northeast Raleigh, NC

As of June 10, 2026 the best value apartment in the Northeast Raleigh area is the $0.94 price per square foot The Laurel Model at Laurel Springs in the in the Lakemont neighborhood starting from $1,329. The second greatest value Northeast Raleigh apartment is the C1 Model at Lexington on the Green starting at $1,722 with a $1.33 price per square foot in the East Raleigh 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.
Laurel SpringsThe Laurel2BR,2BA$0.94
Lexington on the GreenC13BR,2BA$1.33
Edwards MillAstor2BR,2.5BA$1.32
The Village ApartmentsTwo Bedroom Two Bath Renovated2BR,2BA$1.33
Grand Arbor Reserve Apartment HomesEllington2BR,2BA$1.23
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.27
Northridge CrossingsThe Coach1BR,1BA$1.26
Northstone Apartments1BR/1BA1BR,1BA$1.31
Village at Town CenterAspen1BR,1BA$1.28
View at Lake LynnStratford1BR,1BA$1.33

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Frequently Asked Questions about Northeast Raleigh

What type of rentals are currently available in Northeast Raleigh?

There are currently 509 Apartments for Rent in Northeast Raleigh, NC with pricing that ranges from $880 to $11,584. There are also 293 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Raleigh ranging from $475 to $12,000.

What is the current price range for Rental Homes in Northeast Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Northeast Raleigh ranges from $475 to $12,000 with an average monthly rent of $2,187.

How much are larger Three and Four Bedroom Rentals in Northeast Raleigh?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Northeast Raleigh range from $1,362 to $11,584, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,095 to $6,300. Four Bedroom Single-Family rentals are also available starting from $1,830 and Four Bedroom Apartments start at $2,944.

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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.