Cheap Homes for Rent in the Outlying East Raleigh Neighborhood of Raleigh, NC from $500 (24 Rentals)

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

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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Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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property at 4554 N New Hope Rd

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095
Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Now

4554 N New Hope Rd

RaleighNC27604

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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Showing Results 1-24, Page 1 of 1

Outlying East Raleigh, Raleigh, NC Local Guide

Cheapest Available Outlying East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Outlying East Raleigh area of Raleigh, NC is a 1 Bed unit found at Olde School Commons priced from $709. Lexington on the Green has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here are the most affordable Outlying East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Olde School CommonsOSC 1/11BR,1BA$709
Lexington on the GreenA21BR,1BA$910
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$925
Anson at North HillsA11BR,1BA$942
Central on the Green Apartment HomesA11BR,1BA$956

Best Value Apartments for Rent in Outlying East Raleigh, NC

As of August 01, 2026 the best value apartment in the Outlying 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 Outlying East Raleigh apartment is the 1213 Manassas Court Model at 1213 Manassas Court, Unit H starting at $1,775 with a $1.19 price per square foot in the Northridge Trace neighborhood. Here is today’s list of the best values for Outlying East Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Walton FarmsBailey 23BR,2.5BA$1.32
1213 Manassas Court, Unit H1213 Manassas Court3BR,2.5BA$1.19
Regency Park Apartment HomesB22BR,2BA$1.17
Magnolia House2 Bed / 2 Bath2BR,2BA$1.28
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
The Domain ApartmentsPhase 2 - 1 x 1 Upgrade-Call For Availability1BR,1BA$1.33
Tree TopA3: 1 Bed 1 Bath2BR,1BA$1.27
Northstone Apartments1BR/1BA1BR,1BA$1.31
Olde School CommonsOSC 1/11BR,1BA$0.89
Lexington on the GreenA31BR,1BA$1.30

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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Pet Friendly Lifestyle
Outlying East Raleigh, Raleigh, NC

Ranked #5

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outlying East Raleigh, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Outlying East Raleigh

What type of rentals are currently available in Outlying East Raleigh?

There are currently 495 Apartments for Rent in Outlying East Raleigh, NC with pricing that ranges from $530 to $7,719. There are also 523 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outlying East Raleigh ranging from $570 to $3,995.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outlying East Raleigh ranges from $570 to $3,995 with an average monthly rent of $1,885.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outlying East Raleigh range from $1,164 to $7,719, while Three Bedroom Homes, Condos, and Townhomes for rent range from $600 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,795 and Four Bedroom Apartments start at $2,049.

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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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.

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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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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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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.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

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There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.