1507 Clermont Rd
DurhamNC27713
Cheap Homes for Rent in the Parkwood Neighborhood of Durham, NC from $1,595 (3 Rentals)
Search the lowest-cost Homes 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
107 Perriwinkle Pl
DurhamNC27713
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
5603 Pelham Rd
DurhamNC27713
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Parkwood, Durham, NC Local Guide
How much does it cost to rent a home in Parkwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood 2 Bedroom Homes for Rent | $1,595 | $1,595 | $1,595 |
| Parkwood 3 Bedroom Homes for Rent | $2,025 | $1,750 | $2,300 |
| Parkwood 4 Bedroom Homes for Rent | $2,700 | $2,400 | $3,000 |
| Parkwood 5 Bedroom Homes for Rent | $2,995 | $2,995 | $2,995 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Durham, NC.
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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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Woodland Creek Townhomes and Apartments | The Dogwood Townhome | 3BR,1.5BA | $1.37 |
| The Sawyer | B2 with Den | 2BR,2BA | $1.17 |
| Highgate Townhomes | The Eno 1025 | 2BR,2BA | $1.44 |
| Legacy at Meridian Apartments | Stratford | 1BR,1BA | $1.50 |
| Foundry at Triangle Park | 1A - 80% | 1BR,1BA | $1.56 |
| The Village at Auburn Apartments | 1 Bedroom | 1BR,1BA | $1.52 |
| 54 Station | North | 1BR,1BA | $1.53 |
| Bexley at Triangle Park | Atlantic | 1BR,1BA | $1.57 |
| Woodlake Reserve | Bennett | 1BR,1BA | $1.45 |
| Pine Ridge | The Brightleaf 655 | 1BR,1BA | $1.56 |
Frequently Asked Questions about Parkwood
What type of rentals are currently available in Parkwood?
There are currently 42 Apartments for Rent in Parkwood, NC with pricing that ranges from $950 to $3,395. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $1,595 to $3,000.
What is the current price range for Rental Homes in Parkwood?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parkwood ranges from $1,595 to $3,000 with an average monthly rent of $2,086.
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
Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.