Cheap Apartments for Rent in the South Park Neighborhood of Raleigh, NC from $800 (28 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
$964 - $2,649
Total Monthly Price

Total Monthly Price

Base Rent
$928 - $2,613
Required Monthly Fees
$36

Total Monthly Price
$964 - $2,649
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
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  • Customer Reviewed
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The Lincoln
Rent Specials
$1,239 - $2,518
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $2,490
Required Monthly Fees
$28

Total Monthly Price
$1,239 - $2,518
Studio to 2 Bedroom Apartments Available Now

The Lincoln

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

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The Holston
Rent Specials
$1,260 - $7,538
Total Monthly Price

Total Monthly Price

Base Rent
$1,068 - $7,346
Required Monthly Fees
$192

Total Monthly Price
$1,260 - $7,538
Studio to 3 Bedroom Apartments Available Now

The Holston

1020 Hammell DrRaleigh, NC 27603
Luxury
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The Dillon
Rent Specials
$1,309 - $3,209
Total Monthly Price

Total Monthly Price

Base Rent
$1,140 - $3,040
Required Monthly Fees
$169

Total Monthly Price
$1,309 - $3,209
Studio to 3 Bedroom Apartments Available Now

The Dillon

401 W Hargett StRaleigh, NC 27603
Transit Friendly
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Mira
Rent Specials
$1,316 - $3,254
Total Monthly Price

Total Monthly Price

Base Rent
$1,211 - $3,149
Required Monthly Fees
$105

Total Monthly Price
$1,316 - $3,254
Studio to 2 Bedroom Apartments Available Now

Mira

121 Kindley StRaleigh, NC 27601
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601

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Moving to Raleigh for a new job? Discover top apartment rentals with short commutes near major employers like WakeMed, Fidelity, and Cisco Systems.

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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
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Capital Apartments
1 to 2 Bedroom Apartments

Capital Apartments

127 New Bern PlRaleigh, NC 27601
Student Housing
  • Utilities Included
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727 E Lenoir St
Studio to 2 Bedroom Apartments

727 E Lenoir St

727 E Lenoir StRaleigh, NC 27601
  • Utilities Included

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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 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $949. Greenway Flats Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $995. Here are the most affordable South Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$949
Greenway Flats ApartmentsStudioStudio,1BA$995
The Acorn on Person StreetLeeStudio,1BA$1,099
The LincolnThe Hub StudioStudio,1BA$1,239
Skyhouse RaleighS2Studio,1BA$1,253
The HolstonS1Studio,1BA$1,260
MiraS1Studio,1BA$1,296
Ray at The WeldS4WStudio,1BA$1,303
511 FayeStudio-S-07Studio,1BA$1,346
The L ApartmentsHermitageStudio,1BA$1,350

Best Value Apartments for Rent in South Park, NC

As of March 04, 2026 the best value apartment in the South Park area is the $1.32 price per square foot 200 South Dawson Street Model at 200 South Dawson Street, Unit 112 in the in the Blount Street neighborhood starting from $1,795. The second greatest value South Park apartment is the Penthouse 1 Model at The Edison Lofts Apartments starting at $2,070 with a $2.24 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.
200 South Dawson Street, Unit 112200 South Dawson Street2BR,2BA$1.32
The Edison Lofts ApartmentsPenthouse 11BR,1BA$2.24
Skyhouse RaleighA91BR,1BA$2.51
The LincolnThe Nash1BR,1BA$2.41
MiraA41BR,1BA$2.66
MAA HueYellowStudio ,1BA$2.26
The L ApartmentsGettyStudio ,1BA$2.76
The Acorn on Person StreetLeeStudio ,1BA$2.18
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.90
Greenway Flats ApartmentsStudioStudio ,1BA$2.46

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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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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 $949 at Capital Flats & Magnolia Square Apartments.

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 $1,704 at The Lincoln.

What is the most affordable South Park Three Bedroom Apartment?

The best deal on a cheap South Park Three Bedroom Apartment rental is at Skyhouse Raleigh and starts from $2,095.

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.

Articles, How-To's, and Tips

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Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.