
Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $700 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Durham.


Pine Ridge

The Pines

Emerald Place

Triangle Park Apartments

The Sawyer

Woodlake Reserve

Southpoint Glen

Woodland Creek Townhomes and Apartments
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Audubon Lake

Park Ridge Estates

TRELLIS DURHAM RTP Apartments

Total Monthly Price
Cortland Research Park

54 Station

Legacy at Meridian Apartments

Total Monthly Price
Alexander Crossing

The Village at Auburn Apartments

The Berkeley At Southpoint
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Elevate the Park

Lodge at Southpoint

Total Monthly Price
Republic Flats

Total Monthly Price
SOUTHPOINT VILLAGE

Greens of Pine Glen Apartments

Bentley Ridge

Fox Chase

Sutton Station

Southpoint Crossing
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Falls Pointe at the Park

Heights at Meridian

Highgate Townhomes

1507 Clermont Rd

Lochridge

1041 Laceflower Dr

Davis Park

1015 Saffron Lp

Bexley at Triangle Park
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Aventon Cary

Chancery Village
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 | $957 | $799 | $1,485 |
| Parkwood 1 Bedroom Apartments | $1,383 | $924 | $2,739 |
| Parkwood 2 Bedroom Apartments | $1,599 | $1,159 | $3,948 |
| Parkwood 3 Bedroom Apartments | $2,009 | $1,434 | $3,634 |
Browse Apartments in this Neighborhood
There are currently 38 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. Bentley Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $948. 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 |
| Bentley Ridge | The Brightleaf 535 | 1BR,1BA | $948 |
| The Pines | Studio | Studio,1BA | $950 |
| Emerald Place | Premier | 1BR,1BA | $1,015 |
| The Sawyer | A1 | 1BR,1BA | $1,025 |
| Woodlake Reserve | Bennett | 1BR,1BA | $1,030 |
| Pine Ridge | The Brightleaf 610 | 1BR,1BA | $1,038 |
| Southpoint Glen | Dogwood | 1BR,1BA | $1,091 |
| Woodland Creek Townhomes and Apartments | The Maple Townhome | 1BR,1BA | $1,099 |
| Audubon Lake | The Brightleaf 650 | 1BR,1BA | $1,111 |
Best Value Apartments for Rent in Parkwood, NC
As of May 26, 2026 the best value apartment in the Parkwood area is the $1.33 price per square foot 3 Bedroom Model at The Village at Auburn Apartments in the in the South Durham neighborhood starting from $1,995. The second greatest value Parkwood apartment is the The Dogwood Townhome Model at Woodland Creek Townhomes and Apartments starting at $1,595 with a $1.29 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. |
|---|---|---|---|
| The Village at Auburn Apartments | 3 Bedroom | 3BR,3BA | $1.33 |
| Woodland Creek Townhomes and Apartments | The Dogwood Townhome | 3BR,1.5BA | $1.29 |
| The Sawyer | B1R | 2BR,2BA | $1.28 |
| Park Ridge Estates | The Hartford | 2BR,2BA | $1.41 |
| Sutton Station | The Duke 961a | 1BR,1BA | $1.55 |
| Legacy at Meridian Apartments | Stratford | 1BR,1BA | $1.43 |
| Falls Pointe at the Park | 1A - 80% | 1BR,1BA | $1.56 |
| Bexley at Triangle Park | Sunset | 1BR,1BA | $1.50 |
| Southpoint Glen | Dogwood | 1BR,1BA | $1.51 |
| Woodlake Reserve | Bennett | 1BR,1BA | $1.52 |
Frequently Asked Questions about Cheap Parkwood Apartments
What is the Cheapest Studio apartment in Parkwood?
Currently the most affordable Cheap Studio Apartment in Parkwood is at Vivo Living Forest Hills listed at $799.
How much is rent for a Cheap One Bedroom Parkwood Apartment?
The lowest price for a Cheap One Bedroom Parkwood Apartment is $947 at Bentley Ridge.
What is the lowest price for a Cheap Two Bedroom Parkwood Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Parkwood is starting from $1,159 at Southpoint Glen.
What is the most affordable Parkwood Three Bedroom Apartment?
The best deal on a cheap Parkwood Three Bedroom Apartment rental is at Woodland Creek Townhomes and Apartments and starts from $1,585.
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.

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.

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.

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.