Cheap Apartments for Rent in the Northeast Raleigh Neighborhood of Raleigh, NC from $400 (202 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Northeast 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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Northeast Raleigh, Raleigh, NC Local Guide

Cheapest Available Northeast Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Northeast Raleigh area of Raleigh, NC is a 1 Bed unit found at 5230 Meryton Park Way priced from $495. 3812 Oak Park Rd has the second lowest priced unit, which is a 1 Bed apartment currently listed from $600. Here are the most affordable Northeast Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$495
3812 Oak Park Rd3812 Oak Park Rd1BR,1BA$600
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$635
3508 Dragonfly River Ct3508 Dragonfly River Ct1BR,1BA$650
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$700
7765 Falcon Rest Cir7765 Falcon Rest Cir1BR,1BA$725
4938 Southern Magnolia Dr4938 Southern Magnolia Dr1BR,1BA$799
Vivo Living RaleighThe Glenwood1BR,1BA$870
216 Woods Ream Dr216 Woods Ream Dr1BR,1BA$895
6500 Pathfinder Way6500 Pathfinder Way1BR,1BA$925

Best Value Apartments for Rent in Northeast Raleigh, NC

As of March 30, 2025 the best value apartment in the Northeast Raleigh area is the $0.75 price per square foot 4211 Massey Preserve Trail Model at 4211 Massey Preserve Trail in the in the East Raleigh neighborhood starting from $2,159. The second greatest value Northeast Raleigh apartment is the 3812 Oak Park Rd Model at 3812 Oak Park Rd starting at $600 with a $0.24 price per square foot in the Westgate Estates neighborhood. Here is today’s list of the best values for Northeast Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
4211 Massey Preserve Trail4211 Massey Preserve Trail3BR,2BA$0.75
3812 Oak Park Rd3812 Oak Park Rd1BR,1BA$0.24
216 Woods Ream Dr216 Woods Ream Dr1BR,1BA$0.37
3508 Dragonfly River Ct3508 Dragonfly River Ct1BR,1BA$0.28
3209 Daingerfield Dr3209 Daingerfield Dr1BR,1BA$0.32
6500 Pathfinder Way6500 Pathfinder Way1BR,1BA$0.46
5316 Cumberland Plain Dr5316 Cumberland Plain Dr1BR,1BA$0.33
4938 Southern Magnolia Dr4938 Southern Magnolia Dr1BR,1BA$0.43
5230 Meryton Park Way5230 Meryton Park Way1BR,1BA$0.27
7765 Falcon Rest Cir7765 Falcon Rest Cir1BR,1BA$0.51

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Pet Friendly Lifestyle
Northeast Raleigh, Raleigh, NC

Ranked #1

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
Northeast Raleigh, Raleigh, NC

School data provided by Great Schools

Best Local Schools in
Northeast Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities and towns across the United States including Northeast Raleigh, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, kid and pet-friendly communities, availability of transit options, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Northeast Raleigh Apartments

What is the Cheapest Studio apartment in Northeast Raleigh?

Currently the most affordable Cheap Studio Apartment in Northeast Raleigh is at The Harrison listed at $960.

How much is rent for a Cheap One Bedroom Northeast Raleigh Apartment?

The lowest price for a Cheap One Bedroom Northeast Raleigh Apartment is $495 at 5230 Meryton Park Way.

What is the lowest price for a Cheap Two Bedroom Northeast Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Northeast Raleigh is starting from $1,092 at The Pointe at Midtown.

What is the most affordable Northeast Raleigh Three Bedroom Apartment?

The best deal on a cheap Northeast Raleigh Three Bedroom Apartment rental is at River Haven and starts from $1,469.

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.