
Cheap Homes for Rent in Parkwood Neighborhood of Durham, NC from $1,800 (2 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

411 Vassar Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Parkwood, Durham, NC Local Guide

How much does it cost to rent a home in Parkwood?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Parkwood 3 Bedroom Homes for Rent | $2,215 | $2,100 | $2,300 |
Parkwood 4 Bedroom Homes for Rent | $2,522 | $2,445 | $2,600 |
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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Parkwood, Durham, NC Local Guide
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Best Value Apartments for Rent in Parkwood, NC
As of May 30, 2025 the best value apartment in the Parkwood area is the $1.35 price per square foot A1 Renovated Model at The Sawyer in the in the Downing Creek neighborhood starting from $1,140. The second greatest value Parkwood apartment is the One bedroom / One bathroom Model at The Berkeley At Southpoint starting at $1,382 with a $1.64 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. |
---|---|---|---|
The Sawyer | A1 Renovated | 1BR,1BA | $1.35 |
The Berkeley At Southpoint | One bedroom / One bathroom | 1BR,1BA | $1.64 |
Elevate the Park | The Birch | 1BR,1BA | $1.76 |
54 Station | North | 1BR,1BA | $1.78 |
Cortland at RTP | Cameron | 1BR,1BA | $1.60 |
Cortland Research Park | Amberly | 1BR,1BA | $1.70 |
Aventon Cary | S2 | Studio ,1BA | $2.30 |
Bentley Ridge | The Brightleaf 610 | 1BR,1BA | $1.82 |
The Pines | Studio | Studio ,1BA | $1.63 |
Emerald Place | Studio | Studio ,1BA | $2.03 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Parkwood
What type of rentals are currently available in Parkwood?
There are currently 15 Apartments for Rent in Parkwood, NC with pricing that ranges from $875 to $3,228. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $2,100 to $2,600.
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 $2,100 to $2,600 with an average monthly rent of $2,368.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.