Cheap Homes for Rent in Northeast Raleigh Neighborhood of Raleigh, NC from $500 (36 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.

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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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property at 4622 Punjab St

$1,450

Total Monthly Price

Total Monthly Price

Base Rent
$1,450
Total Monthly Price
$1,450

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

4622 Punjab St

RaleighNC27604
property at 414 S White St

$1,395 - $1,495

1 Bedroom Rentals

Available Now

414 S White St

Wake ForestNC27587

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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Showing Results 1-36, Page 1 of 1

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 2 Beds unit found at Conclave Glenwood priced from $159. The Trails of North Hills has the second lowest priced unit, which is a 1 Bed apartment currently listed from $771. Here are the most affordable Northeast Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Conclave GlenwoodB22BR,2BA$159
The Trails of North Hills1 Bedroom 1 Bath - A1BR,1BA$771
Lexington on the GreenA21BR,1BA$919
Aria North HillsThe Wood Duck Renovated1BR,1BA$920
Duraleigh WoodsAmberton 1x11BR,1BA$928
Vivo Living North WoodsSTA - Studio AStudio,1BA$929
The Harrison ApartmentsStudio A with Private BalconyStudio,1BA$937
Bridges at North HillsStudioStudio,1BA$937
The DistrictThe Gray FoxStudio,1BA$945
Lynnwood ParkThe Alexander1BR,1BA$950

Best Value Apartments for Rent in Northeast Raleigh, NC

As of April 25, 2026 the best value apartment in the Northeast Raleigh area is the $1.15 price per square foot CT 3x2 Model at Colony Townhomes in the in the Copper Ridge neighborhood starting from $1,700. The second greatest value Northeast Raleigh apartment is the Compton (C1) Model at Grand Arbor Reserve Apartment Homes starting at $1,527 with a $1.29 price per square foot in the Ridge Park 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 3x23BR,2BA$1.15
Grand Arbor Reserve Apartment HomesCompton (C1)3BR,2BA$1.29
Overlooke at Simms Creek ApartmentsThree Bedroom Two Bathroom MKT3BR,2BA$1.13
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.33
Laurel SpringsThe Oak1BR,1BA$1.33
The Oaks Apartments1 Bedoom 1.5 Bathoom1BR,1.5BA$1.19
Hamilton RidgeHickory1BR,1BA$1.33
Northstone Apartments1BR/1BA1BR,1BA$1.31
Lynn Lake1B Renovation 21BR,1BA$1.28
The Trails of North Hills1 Bedroom 1 Bath - A1BR,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

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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
Northeast Raleigh, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Northeast Raleigh

What type of rentals are currently available in Northeast Raleigh?

There are currently 507 Apartments for Rent in Northeast Raleigh, NC with pricing that ranges from $800 to $6,347. There are also 290 Single Family Homes for rent, Condos, and Townhome rentals currently available in Northeast Raleigh ranging from $545 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 $545 to $12,000 with an average monthly rent of $2,357.

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 $1,050 to $5,933, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $6,200. Four Bedroom Single-Family rentals are also available starting from $1,695 and Four Bedroom Apartments start at $2,849.

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

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.