Cheap Homes for Rent in Outer South Durham Neighborhood of Durham, NC from $500 (25 Rentals)

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Search the lowest-cost Homes available for rent right now in the Outer South Durham area of Durham.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 404 Formosa Ave

$780 - $925

Total Monthly Price

Total Monthly Price

Base Rent
$780 - $925
Total Monthly Price
$780 - $925

1 Bedroom, 1 Bath Home for Rent

Available Now

404 Formosa Ave

DurhamNC27707

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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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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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Showing Results 1-25, Page 1 of 1

Outer South Durham, Durham, NC Local Guide

Cheapest Available Outer South Durham Apartments for Rent

 

The cheapest available apartment rental in the Outer South Durham area of Durham, NC is a Studio unit found at Vivo Living Forest Hills priced from $799. Rolling Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Outer South Durham apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living Forest HillsSTDO - StudioStudio,1BA$799
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$835
The Mews Apartments and TownhomesThe Dover1BR,1BA$903
Vivo Living Ivy CreekDLXSTDO - Deluxe StudioStudio,1BA$949
Bentley RidgeThe Brightleaf 5351BR,1BA$949

Best Value Apartments for Rent in Outer South Durham, NC

As of May 27, 2026 the best value apartment in the Outer South Durham area is the $1.32 price per square foot 3 Bedroom Model at The Village at Auburn Apartments in the in the South Durham neighborhood starting from $1,983. The second greatest value Outer South Durham apartment is the B2 Model at Vetra Forest Hills - Lexington Street starting at $1,595 with a $1.06 price per square foot in the Fayetteville Street Corridor neighborhood. Here is today’s list of the best values for Outer South Durham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Auburn Apartments3 Bedroom3BR,3BA$1.32
Vetra Forest Hills - Lexington StreetB22BR,2BA$1.06
Woodland Creek Townhomes and ApartmentsThe Dogwood Townhome3BR,1.5BA$1.29
Balfour West2 Bedroom Townhome Renovated2BR,2.5BA$1.29
Triangle PlaceThe Juniper Renovated2BR,2BA$1.23
The SawyerB1R2BR,2BA$1.28
Encore at the ParkA11BR,1BA$1.29
University Ridge ApartmentsA71BR,1BA$1.37
Southpoint Estate ApartmentsA1/A2 - The Riley1BR,1BA$1.37
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.20

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Outer South Durham, Durham, NC

Ranked #4

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Outer South Durham, Durham, NC

School data provided by Great Schools

Frequently Asked Questions about Outer South Durham

What type of rentals are currently available in Outer South Durham?

There are currently 166 Apartments for Rent in Outer South Durham, NC with pricing that ranges from $799 to $7,175. There are also 131 Single Family Homes for rent, Condos, and Townhome rentals currently available in Outer South Durham ranging from $565 to $4,600.

What is the current price range for Rental Homes in Outer South Durham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Outer South Durham ranges from $565 to $4,600 with an average monthly rent of $1,832.

How much are larger Three and Four Bedroom Rentals in Outer South Durham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Outer South Durham range from $1,370 to $7,175, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,845 and Four Bedroom Apartments start at $1,690.

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

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.