Cheap Apartments for Rent in the Five Points East Neighborhood of Raleigh, NC from $800 (16 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Five Points East 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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Five Point Cottages
2 Bedroom Apartments

Five Point Cottages

2201-2223 Brewer StRaleigh, NC 27608
Utilities inc.
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1422 Scales St
2 Bedroom Apartments

1422 Scales St

1422 Scales StRaleigh, NC 27608
Utilities inc.

Five Points East, Raleigh, NC Local Guide

Cheapest Available Five Points East Apartments for Rent

 

The cheapest available apartment rental in the Five Points East area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,115. The Signal has the second lowest priced unit, which is a Studio apartment currently listed from $1,290. Here are the most affordable Five Points East apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,115
The SignalS1Studio,1BA$1,290
The MilesS2AStudio,1BA$1,297
Brookside ApartmentsStudio Newly RenovatedStudio,1BA$1,325
Oberlin Court ApartmentsB11BR,1BA$1,355

Best Value Apartments for Rent in Five Points East, NC

As of February 27, 2025 the best value apartment in the Five Points East area is the $2.73 price per square foot C1 Townhome Model at The Signal in the in the Blount Street neighborhood starting from $5,197. The second greatest value Five Points East apartment is the B3 Model at The Point starting at $4,520 with a $3.21 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for Five Points East apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The SignalC1 Townhome3BR,3BA$2.73
The PointB32BR,2BA$3.21
Parkside at Five PointsPS 2x1.52BR,1.5BA$1.27
Anderson HillsThe Fairfield - Renovated1BR,1BA$1.67
Meridian at North HillsA31BR,1BA$2.52
Oberlin Court ApartmentsA1Studio ,1BA$2.03
Brookside ApartmentsStudio Newly RenovatedStudio ,1BA$2.12
Solis HillsS1Studio ,1BA$3.06
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.23
Forge at Raleigh Iron WorksS1 - StudioStudio ,1BA$3.26

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Pet Friendly Lifestyle
Five Points East, Raleigh, NC

Ranked #114

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Five Points East Apartments

What is the Cheapest Studio apartment in Five Points East?

Currently the most affordable Cheap Studio Apartment in Five Points East is at The Signal listed at $1,290.

How much is rent for a Cheap One Bedroom Five Points East Apartment?

The lowest price for a Cheap One Bedroom Five Points East Apartment is $1,115 at Capital Flats & Magnolia Square Apartments.

What is the lowest price for a Cheap Two Bedroom Five Points East Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Five Points East is starting from $1,421 at Parkside at Five Points.

What is the most affordable Five Points East Three Bedroom Apartment?

The best deal on a cheap Five Points East Three Bedroom Apartment rental is at Solis Hills and starts from $2,850.

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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