1108 Kudzu St
DurhamNC27713
Cheap Homes for Rent in the Parkwood Neighborhood of Durham, NC from $600 (2 Rentals)
Search the lowest-cost Homes 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.
1507 Clermont Rd
DurhamNC27713
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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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 | $1,809 | $650 | $2,425 |
| Parkwood 4 Bedroom Homes for Rent | $2,397 | $2,100 | $2,695 |
Browse Homes for Rent in this Neighborhood
There are currently 2 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 7106 Montibillo Pky, Unit Lower Level Apartment | 7106 Montibillo Pky | 2BR,1BA | $0.84 |
| Southpoint Glen | Oakwood | 3BR,2BA | $1.52 |
| Cortland Research Park | Solterra | 2BR,2BA | $1.39 |
| The Sawyer | B1R | 2BR,2BA | $1.26 |
| Park Ridge Estates | The Hartford | 2BR,2BA | $1.26 |
| Woodland Creek Townhomes and Apartments | The Maple Townhome | 1BR,1.5BA | $1.22 |
| Falls Pointe at the Park | 1A - 80% | 1BR,1BA | $1.56 |
| The Village at Auburn Apartments | 1 Bedroom | 1BR,1BA | $1.47 |
| Southpoint Crossing | Avery | 1BR,1BA | $1.58 |
| Pine Ridge | The Brightleaf 655 | 1BR,1BA | $1.61 |
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 $921 to $4,728. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $650 to $2,695.
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 $650 to $2,695 with an average monthly rent of $1,933.
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.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.