
Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $700 (39 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Durham.


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Emerald Place

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The Pines

Pine Ridge

Triangle Park Apartments

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Woodlake Reserve

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Legacy at Meridian Apartments

Audubon Lake

Park Ridge Estates
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TRELLIS DURHAM RTP Apartments

Southpoint Glen

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54 Station

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Woodland Creek Townhomes and Apartments

Greens of Pine Glen Apartments

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The Village at Auburn Apartments

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Cortland Research Park

Elevate the Park

Lodge at Southpoint
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The Berkeley At Southpoint

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Alexander Crossing

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SOUTHPOINT VILLAGE

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Republic Flats

1304 Seaton Rd

5415 Revere Rd

5 Noorin Ct

Fox Chase

Bentley Ridge
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

Sutton Station

Falls Pointe at the Park Apartments

Southpoint Crossing

Lochridge

Heights at Meridian

Highgate Townhomes

1521 Euclid Rd

Davis Park

1107 Lotus Lilly Dr
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Bexley at Triangle Park

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Chancery Village

Aventon Cary
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 | $978 | $799 | $1,526 |
| Parkwood 1 Bedroom Apartments | $1,394 | $972 | $4,175 |
| Parkwood 2 Bedroom Apartments | $1,599 | $1,199 | $2,698 |
| Parkwood 3 Bedroom Apartments | $1,928 | $1,373 | $3,456 |
Browse Apartments in this Neighborhood
There are currently 39 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. Fox Chase has the second lowest priced unit, which is a 1 Bed apartment currently listed from $886. 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 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $886 |
| Bentley Ridge | The Brightleaf 660 | 1BR,1BA | $911 |
| Emerald Place | Studio | Studio,1BA | $931 |
| The Pines | Studio | Studio,1BA | $950 |
| Woodlake Reserve | Bennett | 1BR,1BA | $995 |
| Legacy at Meridian Apartments | Kensington | 1BR,1BA | $1,034 |
| Park Ridge Estates | The Bedford | 1BR,1BA | $1,073 |
| Audubon Lake | The Brightleaf 650 | 1BR,1BA | $1,091 |
| Bexley at Triangle Park | Atlantic | 1BR,1BA | $1,124 |
Best Value Apartments for Rent in Parkwood, NC
As of April 04, 2026 the best value apartment in the Parkwood area is the $1.09 price per square foot The Eno 1250 Model at Lochridge in the in the South Durham neighborhood starting from $1,342. The second greatest value Parkwood apartment is the C1 Model at Greens of Pine Glen Apartments starting at $1,399 with a $1.33 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 Eno 1250 | 2BR,2.5BA | $1.09 |
| Greens of Pine Glen Apartments | C1 | 3BR,2BA | $1.33 |
| Woodland Creek Townhomes and Apartments | The Longleaf Apartment | 1BR,1BA | $1.38 |
| The Village at Auburn Apartments | 1 Bedroom | 1BR,1BA | $1.50 |
| 54 Station | North | 1BR,1BA | $1.61 |
| Southpoint Glen | Dogwood | 1BR,1BA | $1.61 |
| Legacy at Meridian Apartments | Kensington | 1BR,1BA | $1.45 |
| Bexley at Triangle Park | Atlantic | 1BR,1BA | $1.60 |
| Woodlake Reserve | Bennett | 1BR,1BA | $1.47 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $1.36 |
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 $1,124.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is Fox Chase which is listed at $886, while the average apartment in Parkwood costs $1,862.
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 11 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 $153 which is $1,709 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.

Maximizing Your Refund: Essential Tax Tips for Renters
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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
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