Cheap Apartments for Rent in the East Raleigh Neighborhood of Raleigh, NC from $500 (55 Rentals)

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

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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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
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Stony Brook
Studio Apartments

Stony Brook

3001-3015 Lake Woodard DrRaleigh, NC 27604
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Turtle Cove Apartments
1 to 2 Bedroom Apartments

Turtle Cove Apartments

5700-5820 Turtle CvRaleigh, NC 27609
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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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Greencastle Townhomes
2 Bedroom Apartments

Greencastle Townhomes

4204 Greencastle CtRaleigh, NC 27604
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Honeytree Apartments
1 to 2 Bedroom Apartments

Honeytree Apartments

4344 Saint James Church RdRaleigh, NC 27604
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
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Gresham Hills
2 to 3 Bedroom Apartments

Gresham Hills

7630 Gresham Hills DrRaleigh, NC 27615
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Cambridge Apartments
2 Bedroom Apartments

Cambridge Apartments

549-565 Cambridge DrZebulon, NC 27597
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East Raleigh, Raleigh, NC Local Guide

Cheapest Available East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the East Raleigh area of Raleigh, NC is a 1 Bed unit found at Vivo Living Raleigh priced from $919. The Harrison has the second lowest priced unit, which is a Studio apartment currently listed from $960. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living RaleighThe Glenwood1BR,1BA$919
The HarrisonStudio BStudio,1BA$960
Anson at North HillsA11BR,1BA$969
The WaverlyBerkely1BR,1BA$974
Spring ForestWillow1BR,1BA$986
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$999
Laurens WayLinden1BR,1BA$1,009
Regency Park Apartment HomesA11BR,1BA$1,039
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1,049
Legacy North Pointe ApartmentsA11BR,1BA$1,050

Best Value Apartments for Rent in East Raleigh, NC

As of March 26, 2025 the best value apartment in the East Raleigh area is the $1.26 price per square foot Clover Model at Affinity at Wendell in the in the Gaylee Village neighborhood starting from $1,920. The second greatest value East Raleigh apartment is the Topaz Model at The Grove at Wendell starting at $1,744 with a $1.25 price per square foot in the Gaylee Village neighborhood. Here is today’s list of the best values for East Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Affinity at WendellClover3BR,2.5BA$1.26
The Grove at WendellTopaz3BR,2.5BA$1.25
Sunnybrook Pointe3 Bed 2 Bath3BR,2BA$1.32
Magnolia HouseB22BR,2.5BA$1.23
Northstone Apartments2BR/2BA2BR,2BA$1.27
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Brentwood West2 Bedroom2BR,1.5BA$1.24
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
Green MeadowsTwo bedroom2BR,1.5BA$1.26
Cedar Springs ApartmentsThe Bartlett1BR,1BA$1.30

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Lifestyle Ratings

ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, areas, and rental properties across North Carolina including East Raleigh, Raleigh, and the greater Raleigh area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for outdoor amenities like tennis courts, luxury amenities, transit availability, pet-friendly communities, places that make kids happy, and much more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap East Raleigh Apartments

What is a cheap apartment in East Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in East Raleigh is under $1,050.

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

The cheapest apartment in East Raleigh is Vivo Living Raleigh which is listed at $919, while the average apartment in East Raleigh costs $2,909.

What types of apartments are the cheapest in East 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 1,966 regular apartments in East 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 Raleigh?

Cheap apartments in East Raleigh have an average cost of $230 which is $2,679 cheaper than the average rent for all rentals in East 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.

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.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.