Cheap Apartments for Rent in the Southeast Raleigh Neighborhood of Raleigh, NC from $600 (10 Rentals)

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

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Walnut Woods Apartments
2 to 3 Bedroom Apartments

Walnut Woods Apartments

3417 Middle Branch RdRaleigh, NC 27610
  • Utilities Included
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Cheapest Available Southeast Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Southeast Raleigh area of Raleigh, NC is a 1 Bed unit found at The Waverly priced from $974. View at Legacy Oaks has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here are the most affordable Southeast Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The WaverlyBerkely1BR,1BA$974
View at Legacy Oaks1 Deluxe1BR,1BA$1,095
Pines of AshtonAspen1BR,1BA$1,150

Best Value Apartments for Rent in Southeast Raleigh, NC

As of March 27, 2025 the best value apartment in the Southeast Raleigh area is the $0.82 price per square foot 5943 Ricker Rd Model at 5943 Ricker Rd in the in the East Raleigh neighborhood starting from $2,420. The second greatest value Southeast Raleigh apartment is the 3852 Cane Garden Dr Model at 3852 Cane Garden Dr starting at $2,240 with a $0.97 price per square foot in the East Raleigh neighborhood. Here is today’s list of the best values for Southeast Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
5943 Ricker Rd5943 Ricker Rd3BR,3BA$0.82
3852 Cane Garden Dr3852 Cane Garden Dr4BR,2.5BA$0.97
3852 Cane Garden Dr3852 Cane Garden Dr4BR,2.5BA$0.97
3104 Olustee Dr3104 Olustee Dr3BR,2.5BA$0.91
6020 Namozine Ct6020 Namozine Ct4BR,2.5BA$0.95
6020 Namozine Ct6020 Namozine Ct4BR,2.5BA$0.95
6009 Herston Rd6009 Herston Rd3BR,2.5BA$1.00
731 Longitude Way731 Longitude Way3BR,2BA$1.10
5841 Brambleton Ave5841 Brambleton Ave3BR,2.5BA$1.16
4145 Elkton Dr4145 Elkton Dr3BR,2.5BA$1.21
620 Hanska Way620 Hanska Way4BR,2.5BA$1.21
3906 Magnolia Pond Rd3906 Magnolia Pond Rd3BR,2BA$1.21

Getting Around the Southeast Raleigh Neighborhood in Raleigh, NC

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Southeast Raleigh Apartments

What is a cheap apartment in Southeast Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southeast Raleigh is under $1,235.

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

The cheapest apartment in Southeast Raleigh is The Waverly which is listed at $999, while the average apartment in Southeast Raleigh costs $1,739.

What types of apartments are the cheapest in Southeast 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 15 regular apartments in Southeast 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 Southeast Raleigh?

Cheap apartments in Southeast Raleigh have an average cost of $1,079 which is $660 cheaper than the average rent for all rentals in Southeast 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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

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.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

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.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

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.