
Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $700 (23 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Durham.


Total Monthly Price
Emerald Place

Pine Ridge

Triangle Park Apartments

Total Monthly Price
The Pines

Total Monthly Price
Woodlake Reserve

Audubon Lake
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Legacy at Meridian Apartments

Cortland Research Park

Southpoint Glen

Total Monthly Price
The Sawyer

Total Monthly Price
The Village at Auburn Apartments

TRELLIS DURHAM RTP Apartments

Elevate the Park
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Fox Chase

Bentley Ridge

Southpoint Crossing

Park Ridge Estates

Sutton Station

Heights at Meridian

Falls Pointe at the Park Apartments
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

Lochridge

Bexley at Triangle Park
Parkwood, Durham, NC Local Guide

How much does it cost to rent an apartment in Parkwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood Studio Apartments | $1,016 | $799 | $1,446 |
| Parkwood 1 Bedroom Apartments | $1,326 | $916 | $2,089 |
| Parkwood 2 Bedroom Apartments | $1,591 | $1,250 | $4,097 |
| Parkwood 3 Bedroom Apartments | $1,786 | $1,410 | $2,978 |
Browse Apartments in this Neighborhood
There are currently 23 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Durham, NC.
See all Apartments in DurhamExplore Durham
Cheapest Available Parkwood Apartments for Rent
 The cheapest available apartment rental in the Parkwood area of Durham, NC is a Studio unit found at Vivo Living Forest Hills priced from $799. Emerald Place has the second lowest priced unit, which is a Studio apartment currently listed from $896. Here are the most affordable Parkwood apartments for rent in Durham, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Forest Hills | STDO - Studio | Studio,1BA | $799 |
| Emerald Place | Studio | Studio,1BA | $896 |
| Fox Chase | The Brightleaf 700 | 1BR,1BA | $905 |
| Pine Ridge | The Brightleaf 610 | 1BR,1BA | $916 |
| Bentley Ridge | The Brightleaf 660 | 1BR,1BA | $944 |
Best Value Apartments for Rent in Parkwood, NC
As of February 15, 2026 the best value apartment in the Parkwood area is the $1.05 price per square foot The Trinity 1800 Model at Lochridge in the in the South Durham neighborhood starting from $1,897. The second greatest value Parkwood apartment is the The Eno 1025 Model at Highgate Townhomes starting at $1,395 with a $1.36 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Parkwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lochridge | The Trinity 1800 | 3BR,2.5BA | $1.05 |
| Highgate Townhomes | The Eno 1025 | 2BR,2BA | $1.36 |
| Woodlake Reserve | Durham | 2BR,1BA | $1.50 |
| Greens of Pine Glen Apartments | B1 | 2BR,2BA | $1.44 |
| The Sawyer | A1 Renovated | 1BR,1BA | $1.48 |
| The Village at Auburn Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
| Southpoint Crossing | Avery | 1BR,1BA | $1.41 |
| Legacy at Meridian Apartments | Kensington | 1BR,1BA | $1.43 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $1.39 |
| Pine Ridge | The Brightleaf 610 | 1BR,1BA | $1.50 |
Frequently Asked Questions about Cheap Parkwood Apartments
What is a cheap apartment in Parkwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood is under $1,016.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is Fox Chase which is listed at $905, while the average apartment in Parkwood costs $1,677.
What types of apartments are the cheapest in Parkwood?
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 6 regular apartments in Parkwood 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 Parkwood?
Cheap apartments in Parkwood have an average cost of $137 which is $1,540 cheaper than the average rent for all rentals in Parkwood.
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

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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
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