Cheap Apartments for Rent in the Greater East Raleigh Neighborhood of Raleigh, NC from $500 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Greater 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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Northstone Apartments
1 to 2 Bedroom Apartments

Northstone Apartments

4000-4061 Northstone DrRaleigh, NC 27604
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Showing Results 1-50, Page 1 of 2

Greater East Raleigh, Raleigh, NC Local Guide

Cheapest Available Greater East Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Greater East Raleigh area of Raleigh, NC is a 1 Bed unit found at 461 Turning Lake Dr priced from $500. 5316 Cumberland Plain Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $610. Here are the most affordable Greater East Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
461 Turning Lake Dr461 Turning Lake Dr1BR,1BA$500
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$610
1500 Justice Union Ct1500 Justice Union Ct1BR,1BA$625
6827 Glacis Ct6827 Glacis Ct1BR,1BA$625
3525 Sugarplum Rd3525 Sugarplum Rd1BR,1BA$629
3508 Dragonfly River Ct3508 Dragonfly River Ct1BR,1BA$650
3320 Slippery Elm Dr3320 Slippery Elm Dr1BR,1BA$675
2130 Sunny Cove Dr2130 Sunny Cove Dr1BR,1BA$690
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$700
3243 Warm Springs Ln3243 Warm Springs Ln1BR,1BA$700

Best Value Apartments for Rent in Greater East Raleigh, NC

As of April 03, 2025 the best value apartment in the Greater East Raleigh area is the $0.18 price per square foot 461 Turning Lake Dr Model at 461 Turning Lake Dr in the in the Hempstede neighborhood starting from $500. The second greatest value Greater East Raleigh apartment is the 1500 Justice Union Ct Model at 1500 Justice Union Ct starting at $625 with a $0.23 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Greater East Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
461 Turning Lake Dr461 Turning Lake Dr1BR,1BA$0.18
1500 Justice Union Ct1500 Justice Union Ct1BR,1BA$0.23
3525 Sugarplum Rd3525 Sugarplum Rd1BR,1BA$0.24
6827 Glacis Ct6827 Glacis Ct1BR,1BA$0.25
3508 Dragonfly River Ct3508 Dragonfly River Ct1BR,1BA$0.28
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$0.32
3320 Slippery Elm Dr3320 Slippery Elm Dr1BR,1BA$0.32
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$0.32
143 White Oak Gdn Way143 White Oak Gdn Way1BR,1BA$0.42
2130 Sunny Cove Dr2130 Sunny Cove Dr1BR,1BA$0.43

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Pet Friendly Lifestyle
Greater East Raleigh, Raleigh, NC

Ranked #7

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
Greater East Raleigh, Raleigh, NC

School data provided by Great Schools

Best Local Schools in
Greater East Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

This website compiles millions of data points to bring you comprehensive Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for East Raleigh, NC. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, apartment communities for the kids, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Greater East Raleigh Neighborhood in Raleigh, NC

Walk Score®

33 / 100

Car-Dependent

Most errands require a car

Bike Score®

32 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

9 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Greater East Raleigh Apartments

What is a cheap apartment in Greater East Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Greater East Raleigh is under $700.

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

The cheapest apartment in Greater East Raleigh is 461 Turning Lake Dr which is listed at $500, while the average apartment in Greater East Raleigh costs $3,213.

What types of apartments are the cheapest in Greater 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 105 regular apartments in Greater 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 Greater East Raleigh?

Cheap apartments in Greater East Raleigh have an average cost of $221 which is $2,992 cheaper than the average rent for all rentals in Greater 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.

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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.