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Cheap Homes for Rent in Parkwood Neighborhood of Durham, NC from $1,900 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Parkwood area of Durham.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
6 Shelter Cove
DurhamNC27713
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K
409 Vassar Dr
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 3 Bedroom Homes for Rent | $2,197 | $1,950 | $2,400 |
| Parkwood 4 Bedroom Homes for Rent | $2,420 | $2,420 | $2,420 |
| Parkwood 5 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
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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Parkwood, Durham, NC Local Guide
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Best Value Apartments for Rent in Parkwood, NC
As of July 24, 2025 the best value apartment in the Parkwood area is the $1.39 price per square foot 3 Bedroom Model at The Village at Auburn Apartments in the in the South Durham neighborhood starting from $2,096. The second greatest value Parkwood apartment is the The Durham 1257 Model at Sutton Station starting at $1,857 with a $1.48 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 Village at Auburn Apartments | 3 Bedroom | 3BR,3BA | $1.39 |
| Sutton Station | The Durham 1257 | 2BR,2BA | $1.48 |
| Elevate the Park | The Durham | 2BR,2BA | $1.50 |
| Greens of Pine Glen Apartments | C1 | 3BR,2BA | $1.48 |
| Southpoint Glen | Cedarwood | 2BR,2BA | $1.34 |
| The Sawyer | A2 | 1BR,1BA | $1.12 |
| Aven | Birch | 2BR,1.5BA | $1.31 |
| The Berkeley At Southpoint | One bedroom / One bathroom | 1BR,1BA | $1.47 |
| Park Ridge Estates | The Waterford | 1BR,1BA | $1.43 |
| Falls Pointe at the Park Apartments | A1 | 1BR,1BA | $1.43 |
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Frequently Asked Questions about Parkwood
What type of rentals are currently available in Parkwood?
There are currently 40 Apartments for Rent in Parkwood, NC with pricing that ranges from $849 to $7,719. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parkwood ranging from $1,950 to $3,100.
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 $1,950 to $3,100 with an average monthly rent of $2,572.
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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
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.