Cheap Homes for Rent in South Central Neighborhood of Raleigh, NC from $500 (21 Rentals)

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Search the lowest-cost Homes available for rent right now in the South Central area of Raleigh.

property at 429 Rose Ln

$950

2 Bedroom, 1 Bath Home for Rent

Available Now

429 Rose Ln

RaleighNC27610

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.

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.

property at 1618 Boyer St

$1,600

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1618 Boyer St

RaleighNC27610
property at 400 W North St

$1,500 - $1,695

1 Bedroom Rentals

Available Now

400 W North St

RaleighNC27603

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

South Central, Raleigh, NC Local Guide

Cheapest Available South Central Apartments for Rent

 

The cheapest available apartment rental in the South Central area of Raleigh, NC is a 1 Bed unit found at Pine Hills Apartments 55+ priced from $875. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable South Central apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$875
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$949
Greenway Flats ApartmentsStudioStudio,1BA$995
Wedgwood ApartmentsShamrock 1x11BR,1BA$999
The Apartments at St. Mary'sS3Studio,1BA$1,075

Best Value Apartments for Rent in South Central, NC

As of December 20, 2025 the best value apartment in the South Central area is the $1.30 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,035. The second greatest value South Central apartment is the 201 Model at Capital Apartments starting at $1,695 with a $1.32 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for South Central apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
618 N Boylan Ave2 Bed #3102BR,2.5BA$1.30
Capital Apartments2012BR,1BA$1.32
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
Milner Commons2 Bedroom - The Evergreen2BR,1BA$1.22
South Ridge2 Bed 1 Bath2BR,1BA$1.59
Wedgwood ApartmentsRaleigh 700 Sq. Ft.1BR,1BA$1.86
801 Glenwood Ave, Unit 0801 Glenwood Ave1BR,1BA$1.86
927 West MorganHargett1BR,1BA$1.79
The Shelton at Cameron Court1 Bedroom 1 Bath Basement1BR,1BA$1.82
Pine Hills Apartments 55+One Bedroom Floor Plan1BR,1BA$1.55

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
South Central, Raleigh, NC

Ranked #29

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about South Central

What type of rentals are currently available in South Central?

There are currently 225 Apartments for Rent in South Central, NC with pricing that ranges from $750 to $15,316. There are also 67 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Central ranging from $575 to $4,500.

What is the current price range for Rental Homes in South Central?

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Central ranges from $575 to $4,500 with an average monthly rent of $2,637.

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

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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!