Cheap Apartments for Rent in the Southeast Raleigh Neighborhood of Raleigh, NC from $800 (19 Rentals)

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

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Sycamore Run
1 to 3 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610

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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 $946. 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 ListingModel NameBed/BathPriced From
The WaverlyEdinburgh1BR,1BA$946
Walnut RidgeTwo Bedroom2BR,2BA$995
Pines of AshtonAspen1BR,1BA$1,050
Beachwood Park Apartments and TownhomesThe Frisco Garden1BR,1BA$1,059
Walnut Woods Apartments2 Beds, 1 bath2BR,1BA$1,098

Best Value Apartments for Rent in Southeast Raleigh, NC

As of January 19, 2026 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 / 2.5 Bath Model at Magnolia House starting at $1,375 with a $1.19 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Walnut RidgeThree Bedroom3BR,2BA$1.28
Magnolia House2 Bed / 2.5 Bath2BR,2.5BA$1.19
Beachwood Park Apartments and TownhomesThe Hatteras Garden2BR,2BA$1.39
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
The WaverlyWindsor2BR,2BA$1.23
Loch Raven Pointe Apartments and TownhomesBliss1BR,1BA$1.33
Sunnybrook Pointe1 Bed 1 Bath1BR,1BA$1.64
Parkstone at KnightdaleA1A1BR,1BA$1.62
Palisades at Legacy OaksThe York w/Balcony1BR,1BA$1.58
View at Legacy Oaks1 Deluxe1BR,1BA$1.67

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 $946, 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 23 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 $776 which is $1,104 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

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

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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.