Cheap Homes for Rent in East Raleigh Neighborhood of Raleigh, NC from $500 (36 Rentals)

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

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.

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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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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property at 429 Rose Ln

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

429 Rose Ln

RaleighNC27610
property at 1400 Creech Rd

$1,050

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1400 Creech Rd

GarnerNC27529
property at 2904 Faversham Pl

$1,095

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2904 Faversham Pl

RaleighNC27604

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

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-36, Page 1 of 1

Cheapest Available East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the East Raleigh area of Raleigh, NC is a 2 Beds unit found at Laurel Crossing Apartments priced from $764. The Oaks Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here are the most affordable East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Laurel Crossing Apartments2 Bed 2 Bath2BR,2BA$764
The Oaks Apartments1 Bedoom 1 Bathoom1BR,1BA$799
The Harrison ApartmentsFurnished Studio A with Private BalconyStudio,1BA$896
Oak City ApartmentsLarge One Bedroom1BR,1BA$948
Lexington on the GreenA21BR,1BA$950
The WaverlyEdinburgh1BR,1BA$989
Walnut RidgeTwo Bedroom2BR,2BA$995
Anson at North HillsA11BR,1BA$997
Autumn PointeMetropolitan1BR,1BA$999
Overlooke at Simms Creek ApartmentsOne Bedroom One Bathroom MKT1BR,1BA$999

Best Value Apartments for Rent in East Raleigh, NC

As of December 27, 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 Three Bedroom Model at Walnut Ridge starting at $1,495 with a $1.28 price per square foot in the East Raleigh 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
Walnut RidgeThree Bedroom3BR,2BA$1.28
Laurel Crossing Apartments2 Bed 2 Bath2BR,2BA$0.66
Magnolia HouseB1R2BR,2BA$1.25
Walnut Woods Apartments3 Beds, 1 bath3BR,1BA$1.24
Berkshire ParkThe Idealist2BR,2BA$1.25
The WaverlyWindsor2BR,2BA$1.22
MILLBROOK POINTE2 Bedroom 2 Bathroom2BR,2BA$1.23
Foxwood ApartmentsA21BR,1BA$1.23
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22

Frequently Asked Questions about East Raleigh

What type of rentals are currently available in East Raleigh?

There are currently 431 Apartments for Rent in East Raleigh, NC with pricing that ranges from $764 to $3,439. There are also 617 Single Family Homes for rent, Condos, and Townhome rentals currently available in East Raleigh ranging from $550 to $4,500.

What is the current price range for Rental Homes in East Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in East Raleigh ranges from $550 to $4,500 with an average monthly rent of $2,021.

How much are larger Three and Four Bedroom Rentals in East Raleigh?

For those who are looking for larger living arrangements, Three Bedroom Apartments in East Raleigh range from $1,135 to $3,077, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,780.

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.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.