Cheap Apartments for Rent in the East Central Raleigh Neighborhood of Raleigh, NC from $500 (40 Rentals)

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

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
  • Utilities Included

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

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Walnut Woods Apartments
2 to 3 Bedroom Apartments

Walnut Woods Apartments

3417 Middle Branch RdRaleigh, NC 27610
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Oakwood Apartments
2 Bedroom Apartments

Oakwood Apartments

705 N Boundary StRaleigh, NC 27604
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Duplex Village
2 Bedroom Apartments

Duplex Village

1900-2006 Hawkins StRaleigh, NC 27610
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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East Central Raleigh, Raleigh, NC Local Guide

Cheapest Available East Central Raleigh Apartments for Rent

 

The cheapest available apartment rental in the East Central Raleigh area of Raleigh, NC is a Studio unit found at Milner Commons priced from $875. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,125. Here are the most affordable East Central Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Milner CommonsStudio - The WillowStudio,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,125
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
Skyhouse RaleighS1Studio,1BA$1,135
Pines of AshtonAspen1BR,1BA$1,150
The WaverlyEdinburgh1BR,1BA$1,170
South Ridge2 Bed 1 Bath2BR,1BA$1,200
Sunnybrook ResidencesDesign 1A1BR,1BA$1,226
The Acorn on Person StreetLeeStudio,1BA$1,235
The PointS1Studio,1BA$1,272

Best Value Apartments for Rent in East Central Raleigh, NC

As of May 14, 2025 the best value apartment in the East Central Raleigh area is the $1.56 price per square foot Winchester Model at The Waverly in the in the East Raleigh neighborhood starting from $2,114. The second greatest value East Central Raleigh apartment is the 201 Model at Capital Apartments starting at $1,899 with a $1.48 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for East Central Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The WaverlyWinchester3BR,2BA$1.56
Capital Apartments2012BR,1BA$1.48
Wynsum Townhomes3x2.5 Upgraded Townhome-Call For Availability3BR,2.5BA$1.49
Sunnybrook Pointe2 Bed 2 Bath2BR,2BA$1.38
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
Walnut RidgeTwo Bedroom2BR,2BA$1.36
Longview Village Apartments2 Bedroom, 1 Bathroom2BR,1BA$1.53
The Edison Lofts Apartments1 Bedroom 1 Bath A51BR,1BA$1.99
South Ridge2 Bed 1 Bath2BR,1BA$1.59
The FalstaffKingston1BR,1BA$1.93

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Pet Friendly Lifestyle
East Central Raleigh, Raleigh, NC

Ranked #65

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
East Central Raleigh, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap East Central Raleigh Apartments

What is a cheap apartment in East Central Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Central Raleigh is under $1,272.

What is the price of a cheap apartment in East Central Raleigh?

The cheapest apartment in East Central Raleigh is Milner Commons which is listed at $1,060, while the average apartment in East Central Raleigh costs $3,750.

What types of apartments are the cheapest in East Central 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 33 regular apartments in East Central 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 East Central Raleigh?

Cheap apartments in East Central Raleigh have an average cost of $819 which is $2,931 cheaper than the average rent for all rentals in East Central Raleigh.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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.

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