
Cheap Apartments for Rent in the Southeast Raleigh Neighborhood of Raleigh, NC from $800 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southeast Raleigh area of Raleigh.


Room in Townhome on Princess Lita Way

Room in Townhome on Kasota Ln

Room in Townhome on Big Bass Dr

5509 Continental Way

Lewis Place

Room in House on Collaborative Wy
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.

Walnut Ridge

The Waverly

Pines of Ashton

Walnut Woods Apartments

Sunnybrook Residences

Olde Towne Residences

Villages at Raleigh Beach
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.

Abberly Grove Apartment Homes

Magnolia House

1701 Orchard Farm Ln

3605 Cold Harbour Dr

Beachwood Park Apartments and Townhomes

110 Dean Pl, Unit Room B
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.

Greystone at Widewaters
Southeast Raleigh, Raleigh, NC Local Guide

How much does it cost to rent an apartment in Southeast Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southeast Raleigh Studio Apartments | $1,164 | $1,114 | $1,224 |
| Southeast Raleigh 1 Bedroom Apartments | $1,309 | $854 | $1,974 |
| Southeast Raleigh 2 Bedroom Apartments | $1,509 | $995 | $2,486 |
| Southeast Raleigh 3 Bedroom Apartments | $1,919 | $1,164 | $2,450 |
| Southeast Raleigh 4 Bedroom Apartments | $1,846 | $1,780 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the Southeast Raleigh Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
Cheapest Available Southeast Raleigh Apartments for Rent
 The cheapest available apartment rental in the Southeast Raleigh area of Raleigh, NC is a 1 Bed unit found at The Waverly priced from $991. Walnut Ridge has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here are the most affordable Southeast Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Waverly | Edinburgh | 1BR,1BA | $991 |
| Walnut Ridge | Two Bedroom | 2BR,2BA | $995 |
| Pines of Ashton | Aspen | 1BR,1BA | $1,050 |
| Beachwood Park Apartments and Townhomes | The Frisco Garden | 1BR,1BA | $1,069 |
| Walnut Woods Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,098 |
Best Value Apartments for Rent in Southeast Raleigh, NC
As of December 19, 2025 the best value apartment in the Southeast Raleigh area is the $1.28 price per square foot Three Bedroom Model at Walnut Ridge in the in the East Raleigh neighborhood starting from $1,495. The second greatest value Southeast Raleigh apartment is the 2 Bed 2 Bath Model at Sunnybrook Pointe starting at $1,425 with a $1.29 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Southeast Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Walnut Ridge | Three Bedroom | 3BR,2BA | $1.28 |
| Sunnybrook Pointe | 2 Bed 2 Bath | 2BR,2BA | $1.29 |
| Magnolia House | B1R | 2BR,2BA | $1.25 |
| Walnut Woods Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.24 |
| The Waverly | Windsor | 2BR,2BA | $1.15 |
| Loch Raven Pointe Apartments and Townhomes | Bliss | 1BR,1BA | $1.41 |
| View at Legacy Oaks | 1A Platinum | 1BR,1BA | $1.64 |
| Palisades at Legacy Oaks | The York w/Balcony | 1BR,1BA | $1.58 |
| Beachwood Park Apartments and Townhomes | The Frisco Garden | 1BR,1BA | $1.40 |
| Villages at Raleigh Beach | A1A | 1BR,1BA | $1.64 |
Getting Around the Southeast Raleigh Neighborhood in Raleigh, NC
Walk Score®
31 / 100
Car-Dependent
Most errands require a car
Bike Score®
31 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Southeast Raleigh Apartments
What is the price of a cheap apartment in Southeast Raleigh?
The cheapest apartment in Southeast Raleigh is The Waverly which is listed at $991, while the average apartment in Southeast Raleigh costs $1,880.
What types of apartments are the cheapest in Southeast 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 21 regular apartments in Southeast 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 Southeast Raleigh?
Cheap apartments in Southeast Raleigh have an average cost of $779 which is $1,101 cheaper than the average rent for all rentals in Southeast 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.
Articles, How-To's, and Tips

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.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
