Cheap Apartments for Rent in the South Park Neighborhood of Raleigh, NC from $800 (38 Rentals)

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

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Skyhouse Raleigh
Rent Specials
$944 - $2,674
Total Monthly Price

Total Monthly Price

Base Rent
$944 - $2,674
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
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  • 3D Tour
property at 1101 Kitt Pl

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1.5 Bath Home for Rent

Available Now

1101 Kitt Pl

RaleighNC27610

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.

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The Lincoln
Rent Specials
$1,261 - $2,546
Total Monthly Price

Total Monthly Price

Base Rent
$1,261 - $2,546
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

The Lincoln

408 E Hargett StRaleigh, NC 27601
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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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The Dillon
Rent Specials
$1,419 - $3,904
Total Monthly Price

Total Monthly Price

Base Rent
$1,419 - $3,904
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
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400H
$1,488 - $4,345
Total Monthly Price

Total Monthly Price

Base Rent
$1,488 - $4,345
Total Monthly Price
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Studio to 2 Bedroom Apartments Available Now

400H

9 N Harrington StRaleigh, NC 27603
Furnished
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  • Customer Reviewed
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Mira
Rent Specials
$1,494 - $3,311
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $3,311
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Eco-Friendly
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  • Customer Reviewed
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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610

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.

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property at 1119 Gregg St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895
Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

1119 Gregg St

RaleighNC27601
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included

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.

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property at 860 Darby St

$1,650

Total Monthly Price

Total Monthly Price

Base Rent
$1,650
Total Monthly Price
$1,650

3 Bedroom, 2 Bath Home for Rent

Available Now

860 Darby St

RaleighNC27610
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Capital Apartments
1 to 2 Bedroom Apartments

Capital Apartments

127 New Bern PlRaleigh, NC 27601
Student Housing
  • Utilities Included
Showing Results 1-38, Page 1 of 1

South Park, Raleigh, NC Local Guide

Cheapest Available South Park Apartments for Rent

 

The cheapest available apartment rental in the South Park area of Raleigh, NC is a Studio unit found at Greenway Flats Apartments priced from $995. Trails Corner Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here are the most affordable South Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Greenway Flats ApartmentsStudioStudio,1BA$995
Trails Corner ApartmentsTC 2x12BR,1BA$1,099
The Acorn on Person StreetLeeStudio,1BA$1,204
511 FayeStudio-S-13Studio,1BA$1,253
The LincolnThe Hub StudioStudio,1BA$1,261
The RowBirch ArbourStudio,1BA$1,270
Oldham & WorthBirchStudio,1BA$1,295
Ray at The WeldS4WStudio,1BA$1,312
Skyhouse RaleighS2Studio,1BA$1,317
MAA HueYellowStudio,1BA$1,353

Best Value Apartments for Rent in South Park, NC

As of June 03, 2026 the best value apartment in the South Park area is the $1.59 price per square foot Townhouse 4 Model at The Edison Lofts Apartments in the in the Blount Street neighborhood starting from $2,595. The second greatest value South Park apartment is the Wadsworth Model at The L Apartments starting at $1,975 with a $1.80 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Edison Lofts ApartmentsTownhouse 42BR,2.5BA$1.59
The L ApartmentsWadsworth2BR,2BA$1.80
Trails Corner ApartmentsTC 2x12BR,1BA$1.10
The RowLenoir1BR,1BA$2.64
Skyhouse RaleighA91BR,1BA$2.53
MAA HueYellowStudio ,1BA$2.07
The LincolnThe Hub StudioStudio ,1BA$2.28
Oldham & WorthAshStudio ,1BA$2.57
The Acorn on Person StreetLeeStudio ,1BA$2.38
Greenway Flats ApartmentsStudioStudio ,1BA$2.46

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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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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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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Best Local Schools in
South Park, Raleigh, NC

School data provided by Great Schools

Frequently Asked Questions about Cheap South Park Apartments

What is the Cheapest Studio apartment in South Park?

Currently the most affordable Cheap Studio Apartment in South Park is at Greenway Flats Apartments listed at $995.

How much is rent for a Cheap One Bedroom South Park Apartment?

The lowest price for a Cheap One Bedroom South Park Apartment is $1,377 at Skyhouse Raleigh.

What is the lowest price for a Cheap Two Bedroom South Park Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in South Park is starting from $1,099 at Trails Corner Apartments.

What is the most affordable South Park Three Bedroom Apartment?

The best deal on a cheap South Park Three Bedroom Apartment rental is at Trails Corner Apartments and starts from $1,299.

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.

Helpful Local Expert Guides

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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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Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh

Written by: Chris Munier

Student apartments are not always easy to find in every location, but that’s not the case in the university-rich city of Raleigh, North Carolina.

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Discover Terrific Apartment Opportunities Near Raleighs Largest Employers

Written by: Chris Munier

Did you recently land a new job in Raleigh but can’t find a suitable place to live? This is a common issue for working professionals making career changes, especially in a transplant-heavy area like Raleigh.

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Discover Raleigh, North Carolina: A Locals Take on the City of Oaks

Written by: Chris Munier

Greetings from Chris Munier, your resident expert on Raleigh, North Carolina. If you're thinking of moving to this central-NC community, then I’m here to help you scope out its top qualities.

Articles, How-To's, and Tips

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.