Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $945 (39 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Parkwood area of Durham.

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

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Cortland Research Park
Rent Specials
$1,223 - $5,010
Total Monthly Price

Total Monthly Price

Base Rent
$1,223 - $5,010
Total Monthly Price
$1,223 - $5,010
1 to 2 Bedroom Apartments Available Now

Cortland Research Park

4405 Waterford Valley DrDurham, NC 27713
Corporate Housing
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Alexander Crossing
Rent Specials
$1,293 - $2,127
Total Monthly Price

Total Monthly Price

Base Rent
$1,293 - $2,127
Total Monthly Price
$1,293 - $2,127
Studio to 2 Bedroom Apartments Available Now

Alexander Crossing

3500 Louis Stephens DrDurham, NC 27713
Corporate Housing
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Republic Flats
Rent Specials
$1,323 - $2,102
Total Monthly Price

Total Monthly Price

Base Rent
$1,323 - $2,102
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Republic Flats

800 Finsbury StDurham, NC 27703
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SOUTHPOINT VILLAGE
Rent Specials
$1,599 - $2,380
Total Monthly Price

Total Monthly Price

Base Rent
$1,599 - $2,380
Total Monthly Price
$1,599 - $2,380
1 to 2 Bedroom Apartments Available Now

SOUTHPOINT VILLAGE

100 Village Circle WayDurham, NC 27713
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property at 5603 Pelham Rd

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

3 Bedroom, 2 Bath Home for Rent

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5603 Pelham Rd

DurhamNC27713
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Bentley Ridge
1 Bedroom Apartments

Bentley Ridge

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

Fox Chase

3601-3707 Highgate DrDurham, NC 27713
  • Utilities Included

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Sutton Station
1 to 2 Bedroom Apartments

Sutton Station

5836 Fayetteville RdDurham, NC 27713
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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
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Davis Park
2 Bedroom Apartments

Davis Park

164 Finsbury StDurham, NC 27703
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

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Showing Results 1-39, Page 1 of 1

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 $984. Woodlake Reserve has the second lowest priced unit, which is a 1 Bed apartment currently listed from $985. Here are the most affordable Parkwood apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Vivo Living Forest HillsStudioStudio,1BA$984
Woodlake ReserveBennett1BR,1BA$985
Bentley RidgeThe Brightleaf 5351BR,1BA$1,016
Pine RidgeThe Brightleaf 6551BR,1BA$1,020
Emerald PlaceStudioStudio,1BA$1,051
Bexley at Triangle ParkAtlantic1BR,1BA$1,099
54 StationNorth1BR,1BA$1,122
TRELLIS DURHAM RTP ApartmentsStudioStudio,1BA$1,145
Trails at Southpoint GlenBirch1BR,1BA$1,150
AvenBeech1BR,1BA$1,152

Best Value Apartments for Rent in Parkwood, NC

As of August 26, 2026 the best value apartment in the Parkwood area is the $1.37 price per square foot The Dogwood Townhome Model at Woodland Creek Townhomes and Apartments in the in the South Durham neighborhood starting from $1,695. The second greatest value Parkwood apartment is the B2 with Den Model at The Sawyer starting at $1,385 with a $1.17 price per square foot in the Downing Creek 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.
Woodland Creek Townhomes and ApartmentsThe Dogwood Townhome3BR,1.5BA$1.37
The SawyerB2 with Den2BR,2BA$1.17
Highgate TownhomesThe Eno 10252BR,2BA$1.44
Legacy at Meridian ApartmentsStratford1BR,1BA$1.50
Foundry at Triangle Park1A - 80%1BR,1BA$1.56
The Village at Auburn Apartments1 Bedroom1BR,1BA$1.52
54 StationNorth1BR,1BA$1.53
Bexley at Triangle ParkAtlantic1BR,1BA$1.57
Woodlake ReserveBennett1BR,1BA$1.45
Pine RidgeThe Brightleaf 6551BR,1BA$1.56

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 $1,152.

What is the price of a cheap apartment in Parkwood?

The cheapest apartment in Parkwood is Woodlake Reserve which is listed at $985, while the average apartment in Parkwood costs $1,435.

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 45 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 $324 which is $1,111 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.

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