
Cheap Homes for Rent in the South Park Neighborhood of Raleigh, NC from $565 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the South Park area of Raleigh.


911 S Blount St, Unit B

505 Freeman St

115 S Tarboro St
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1464 Sawyer Rd

1218 Boyer St

212 S State St

919 S State St, Unit B
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824 Cumberland St
South Park, Raleigh, NC Local Guide

How much does it cost to rent a home in South Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Park 2 Bedroom Homes for Rent | $1,809 | $1,300 | $2,850 |
| South Park 3 Bedroom Homes for Rent | $2,485 | $1,595 | $3,295 |
| South Park 4 Bedroom Homes for Rent | $2,547 | $2,000 | $3,095 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 1 mile radius of the South Park Neighborhood of Raleigh, NC.
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South Park, Raleigh, NC Local Guide
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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. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here are the most affordable South Park apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Greenway Flats Apartments | Studio | Studio,1BA | $995 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,129 |
| SkyHouse Raleigh | S2 | Studio,1BA | $1,218 |
Best Value Apartments for Rent in South Park, NC
As of September 05, 2026 the best value apartment in the South Park area is the $2.56 price per square foot Union Pacific II Model at The Dillon in the in the Blount Street neighborhood starting from $3,024. The second greatest value South Park apartment is the 1 Bedroom 1 Bath A10 Model at The Edison Lofts Apartments starting at $2,202 with a $2.47 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Dillon | Union Pacific II | 2BR,2BA | $2.56 |
| The Edison Lofts Apartments | 1 Bedroom 1 Bath A10 | 1BR,1BA | $2.47 |
| 407 Bledsoe Ave, Unit 407 Bledsoe Ave | 407 Bledsoe Ave | 2BR,1BA | $2.18 |
| The Acorn on Person Street | Nash | 1BR,1BA | $2.09 |
| The Row | Lenoir | 1BR,1BA | $2.72 |
| SkyHouse Raleigh | A9 | 1BR,1BA | $2.42 |
| Oldham & Worth | Sandstone | 1BR,1BA | $2.65 |
| The Lincoln | The Hub Studio | Studio ,1BA | $2.37 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $2.26 |
| Greenway Flats Apartments | Studio | Studio ,1BA | $2.46 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in South Park, Raleigh, NC
Wake Young Men's Leadership Academy
School data provided by Great Schools
Frequently Asked Questions about South Park
What type of rentals are currently available in South Park?
There are currently 110 Apartments for Rent in South Park, NC with pricing that ranges from $995 to $7,538. There are also 28 Single Family Homes for rent, Condos, and Townhome rentals currently available in South Park ranging from $565 to $3,295.
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 $565 to $3,295 with an average monthly rent of $2,126.
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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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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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.
Articles, How-To's, and Tips

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