Cheap Homes for Rent in South Park Neighborhood of Raleigh, NC from $500 (7 Rentals)

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property at 109 Lincoln Ct

$1,700

3 Bedroom, 1 Bath Home for Rent

Available Now

109 Lincoln Ct

RaleighNC27610

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 $929. 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$929
Greenway Flats ApartmentsStudioStudio,1BA$995
Trails Corner ApartmentsTC 2x12BR,1BA$1,154

Best Value Apartments for Rent in South Park, NC

As of January 08, 2026 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 $1,695 with a $1.32 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for South 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$1.32
Trails Corner ApartmentsTC 2x12BR,1BA$1.15
The Edison Lofts ApartmentsPenthouse 11BR,1BA$2.62
Skyhouse RaleighA10T1BR,1BA$2.52
MAA HueYellowStudio ,1BA$2.13
The LincolnThe Hub StudioStudio ,1BA$2.35
The Acorn on Person StreetLeeStudio ,1BA$2.33
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1.86
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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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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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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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

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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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Frequently Asked Questions about South Park

What type of rentals are currently available in South Park?

There are currently 116 Apartments for Rent in South Park, NC with pricing that ranges from $750 to $8,728. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Park ranging from $500 to $4,245.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in South Park ranges from $500 to $4,245 with an average monthly rent of $2,017.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.