
Cheap Apartments for Rent in the Southeast Raleigh Neighborhood of Raleigh, NC from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Southeast Raleigh area of Raleigh.


Room in Townhome on Big Bass Dr

5600 Brandycrest Dr

Lewis Place

Walnut Ridge
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Pines of Ashton

Walnut Woods Apartments

The Waverly

Sycamore Run

110 Dean Pl, Unit Room B
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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 | $1,249 | $1,229 | $1,267 |
| Southeast Raleigh 1 Bedroom Apartments | $1,317 | $760 | $2,081 |
| Southeast Raleigh 2 Bedroom Apartments | $1,583 | $995 | $2,407 |
| Southeast Raleigh 3 Bedroom Apartments | $1,911 | $1,164 | $2,522 |
| Southeast Raleigh 4 Bedroom Apartments | $1,846 | $1,780 | $1,880 |
Browse Apartments in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the Southeast Raleigh Neighborhood of Raleigh, NC.
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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 2 Beds unit found at Walnut Ridge priced from $995. Pines of Ashton has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,040. Here are the most affordable Southeast Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Ridge | Two Bedroom | 2BR,2BA | $995 |
| Pines of Ashton | Aspen | 1BR,1BA | $1,040 |
| Walnut Woods Apartments | 2 Beds, 1 bath | 2BR,1BA | $1,098 |
Best Value Apartments for Rent in Southeast Raleigh, NC
As of March 12, 2026 the best value apartment in the Southeast Raleigh area is the $1.35 price per square foot 3 Bed 2 Bath Model at Sunnybrook Pointe in the in the East Raleigh neighborhood starting from $1,733. The second greatest value Southeast Raleigh apartment is the Three Bedroom Model at Walnut Ridge starting at $1,547 with a $1.33 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. |
|---|---|---|---|
| Sunnybrook Pointe | 3 Bed 2 Bath | 3BR,2BA | $1.35 |
| Walnut Ridge | Three Bedroom | 3BR,2BA | $1.33 |
| Beachwood Park Apartments and Townhomes | The Manteo Townhouse | 2BR,2.5BA | $1.41 |
| Magnolia House | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.19 |
| Walnut Woods Apartments | 3 Beds, 1 bath | 3BR,1BA | $1.24 |
| View at Legacy Oaks | 2 Standard | 2BR,2BA | $1.42 |
| Loch Raven Pointe Apartments and Townhomes | Bliss | 1BR,1BA | $1.40 |
| The Waverly | Berkely | 1BR,1BA | $1.35 |
| Parkstone at Knightdale | A1A | 1BR,1BA | $1.61 |
| Villages at Raleigh Beach | A1A | 1BR,1BA | $1.61 |
Frequently Asked Questions about Cheap Southeast Raleigh Apartments
What is a cheap apartment in Southeast Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Raleigh is under $1,250.
What is the price of a cheap apartment in Southeast Raleigh?
The cheapest apartment in Southeast Raleigh is Pines of Ashton which is listed at $1,035, 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 18 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 $1,098 which is $782 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.
Helpful Local Expert Guides

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh
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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.

Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh
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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 Raleigh, North Carolina: A Locals Take on the City of Oaks
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Articles, How-To's, and Tips

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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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
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Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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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.

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.