Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $900 (36 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwood 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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Alexander Crossing
Rent Specials
$1,277 - $2,028
Total Monthly Price

Total Monthly Price

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$1,277 - $2,028
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Studio to 2 Bedroom Apartments Available Now

Alexander Crossing

3500 Louis Stephens DrDurham, NC 27713
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Cortland Research Park
Rent Specials
$1,278 - $4,464
Total Monthly Price

Total Monthly Price

Base Rent
$1,278 - $4,464
Total Monthly Price
$1,278 - $4,464
1 to 2 Bedroom Apartments Available Now

Cortland Research Park

4405 Waterford Valley DrDurham, NC 27713
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Republic Flats
Rent Specials
$1,366 - $2,054
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Total Monthly Price

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$1,366 - $2,054
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1 to 3 Bedroom Apartments Available Now

Republic Flats

800 Finsbury StDurham, NC 27703
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SOUTHPOINT VILLAGE
Rent Specials
$1,499 - $2,556
Total Monthly Price

Total Monthly Price

Base Rent
$1,499 - $2,556
Total Monthly Price
$1,499 - $2,556
1 to 2 Bedroom Apartments Available Now

SOUTHPOINT VILLAGE

100 Village Circle WayDurham, NC 27713
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Bentley Ridge
1 Bedroom Apartments

Bentley Ridge

5523 NC Highway 55Durham, NC 27713
  • Utilities Included
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Fox Chase
1 Bedroom Apartments

Fox Chase

3601-3707 Highgate DrDurham, NC 27713
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Sutton Station
1 to 2 Bedroom Apartments

Sutton Station

5836 Fayetteville RdDurham, NC 27713
  • Utilities Included

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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Southpoint Crossing
1 to 3 Bedroom Apartments

Southpoint Crossing

1800 Southpoint Crossing DrDurham, NC 27713
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Lochridge
2 to 3 Bedroom Apartments

Lochridge

100-263 Lochridge DrDurham, NC 27713
  • Utilities Included

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 1-36, Page 1 of 1

Cheapest Available Parkwood Apartments for Rent

 

The cheapest available apartment rental in the Parkwood area of Durham, NC is a 1 Bed unit found at Pine Ridge priced from $944. Bentley Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $953. Here are the most affordable Parkwood apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Pine RidgeThe Brightleaf 6101BR,1BA$944
Bentley RidgeThe Brightleaf 5351BR,1BA$953
Vivo Living Forest HillsStudioStudio,1BA$984
Emerald PlaceStudio RenovatedStudio,1BA$1,046
Woodland Creek Townhomes and ApartmentsThe Longleaf Apartment1BR,1BA$1,050
AvenBirch2BR,1BA$1,109
Audubon LakeThe Brightleaf 6501BR,1BA$1,109
Woodlake ReserveBennett1BR,1BA$1,130
Southpoint CrossingAvery1BR,1BA$1,134
TRELLIS DURHAM RTP ApartmentsStudioStudio,1BA$1,145

Best Value Apartments for Rent in Parkwood, NC

As of July 12, 2026 the best value apartment in the Parkwood area is the $0.84 price per square foot 7106 Montibillo Pky Model at 7106 Montibillo Pky, Unit Lower Level Apartment in the in the South Durham neighborhood starting from $2,100. The second greatest value Parkwood apartment is the Oakwood Model at Southpoint Glen starting at $1,743 with a $1.52 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 ListingModel NameBed/BathPrice Per Sq.Ft.
7106 Montibillo Pky, Unit Lower Level Apartment7106 Montibillo Pky2BR,1BA$0.84
Southpoint GlenOakwood3BR,2BA$1.52
Cortland Research ParkSolterra2BR,2BA$1.39
The SawyerB1R2BR,2BA$1.26
Park Ridge EstatesThe Hartford2BR,2BA$1.26
Woodland Creek Townhomes and ApartmentsThe Maple Townhome1BR,1.5BA$1.22
Falls Pointe at the Park1A - 80%1BR,1BA$1.56
The Village at Auburn Apartments1 Bedroom1BR,1BA$1.47
Southpoint CrossingAvery1BR,1BA$1.58
Pine RidgeThe Brightleaf 6551BR,1BA$1.61

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 $984.

How much is rent for a Cheap One Bedroom Parkwood Apartment?

The lowest price for a Cheap One Bedroom Parkwood Apartment is $944 at Pine 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 $1,109 at Aven.

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 $1,462.

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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