Cheap Apartments for Rent in the South Park Neighborhood of Raleigh, NC from $800 (30 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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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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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
Corporate Housing
Showing Results 1-30, 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. The Lincoln has the second lowest priced unit, which is a Studio apartment currently listed from $1,042. Here are the most affordable South Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Greenway Flats ApartmentsStudioStudio,1BA$995
The LincolnThe Hub StudioStudio,1BA$1,042
Skyhouse RaleighA31BR,1BA$1,139
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$1,150
The DillonTioga IStudio,1BA$1,195
The Acorn on Person StreetLeeStudio,1BA$1,215
The RowBirch ArbourStudio,1BA$1,220
PlatformCardinalStudio,1BA$1,245
MiraS1Studio,1BA$1,276
Trails Corner ApartmentsTC 2x12BR,1BA$1,300

Best Value Apartments for Rent in South Park, NC

As of November 14, 2025 the best value apartment in the South Park area is the $1.97 price per square foot Hudsen - Hargett Model at ABODE at Hargett in the in the Blount Street neighborhood starting from $3,125. The second greatest value South Park apartment is the 201 Model at Capital Apartments starting at $1,725 with a $1.35 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.
ABODE at HargettHudsen - Hargett3BR,2.5BA$1.97
Capital Apartments2012BR,1BA$1.35
Trails Corner ApartmentsTC 3x13BR,1BA$1.33
Skyhouse RaleighA10T1BR,1BA$2.53
MAA HueRed 21BR,1BA$2.38
MiraA11BR,1BA$2.57
The LincolnThe Hub StudioStudio ,1BA$1.88
Capital Flats & Magnolia Square ApartmentsMS 1x11BR,1BA$2.13
The Acorn on Person StreetLeeStudio ,1BA$2.41
Greenway Flats ApartmentsStudioStudio ,1BA$2.46

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Pet Friendly Lifestyle
South Park, Raleigh, NC

Ranked #83

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 a cheap apartment in South Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Park is under $1,300.

What is the price of a cheap apartment in South Park?

The cheapest apartment in South Park is Skyhouse Raleigh which is listed at $1,139, while the average apartment in South Park costs $3,475.

What types of apartments are the cheapest in South Park?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in South Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Park?

Cheap apartments in South Park have an average cost of $165 which is $3,310 cheaper than the average rent for all rentals in South Park.

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.

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

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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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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.