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$5954 Bedroom Apartments Available Aug 1
2002 Technology Woods Dr
2002 Technology Woods DrRaleigh, NC 27603
Cheap Apartments for Rent in the South Raleigh Neighborhood of Raleigh, NC from $400 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Raleigh area of Raleigh.
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$8501 Bedroom Apartments Available Now
3710 Pardue Woods Pl
3710 Pardue Woods PlRaleigh, NC 27603
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$995 - $2,6672 to 4 Bedroom Apartments Available Now
Walnut Ridge
1611 Royal Foxhound LnRaleigh, NC 27610
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1 to 3 Bedroom Apartments
Pine Ridge Apartments
501 Small Pine DrRaleigh, NC 27603
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1 to 2 Bedroom Apartments
Elders Peak
2917 Creech RdRaleigh, NC 27610
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1 to 3 Bedroom Apartments
Penwood Apartments
5401-5445 Penwood DrRaleigh, NC 27606
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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Studio to 1 Bedroom Apartments
Cosmo & Lewis Estates
1117-1129 Hadley RdRaleigh, NC 27610
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1 to 3 Bedroom Apartments
Sycamore Run
1090 Holly View DrRaleigh, NC 27610
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1 to 4 Bedroom Apartments
Dover Apartments
706 Wexford DrRaleigh, NC 27603
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Rent Specials
$950 - $1,4501 to 2 Bedroom Apartments Available Now
Legacy 2000
2000 Spring DrGarner, NC 27529
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1 Bedroom Apartments
Olde School Commons
720-776 W Garner RdGarner, NC 27529
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2 to 3 Bedroom Apartments
Weston Trace
204 Westcroft DrGarner, NC 27529
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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2 to 3 Bedroom Apartments
Plaza Apartments - NC
735 Crestwood DrGarner, NC 27529
Showing Results 1-13, Page 1 of 1
South Raleigh, Raleigh, NC Local Guide
How much does it cost to rent an apartment in South Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| South Raleigh Studio Apartments | $1,237 | $1,199 | $1,355 |
| South Raleigh 1 Bedroom Apartments | $1,410 | $850 | $4,049 |
| South Raleigh 2 Bedroom Apartments | $1,648 | $880 | $4,988 |
| South Raleigh 3 Bedroom Apartments | $1,848 | $719 | $3,481 |
| South Raleigh 4 Bedroom Apartments | $1,043 | $595 | $1,900 |
Browse Apartments in this Neighborhood
There are currently 13 rentals with your search options within a 2 mile radius of the South Raleigh Neighborhood of Raleigh, NC.
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South Raleigh, Raleigh, NC Local Guide
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Cheapest Available South Raleigh Apartments for Rent
The cheapest available apartment rental in the South Raleigh area of Raleigh, NC is a 1 Bed unit found at Olde School Commons priced from $709. Legacy 2000 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable South Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Olde School Commons | OSC 1/1 | 1BR,1BA | $709 |
| Legacy 2000 | 1x1 White Oak Standard Unit-Call For Avail. | 1BR,1BA | $950 |
| Tryon Village | 1 Bedroom 1 Bath | 1BR,1BA | $1,006 |
| Westchester | A1 | 1BR,1BA | $1,060 |
| The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $1,069 |
Best Value Apartments for Rent in South Raleigh, NC
As of March 23, 2026 the best value apartment in the South Raleigh area is the $0.56 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $815. The second greatest value South Raleigh apartment is the A2 Model at Tryon Flats Apartments starting at $875 with a $0.67 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for South Raleigh apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
| Tryon Flats Apartments | A2 | 4BR,4BA | $0.67 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.59 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Magnolia House | 2 Bed / 2.5 Bath | 2BR,2.5BA | $1.19 |
| 2200 Mountain Mist Ct, Unit #301 | 2200 Mountain Mist Ct | 2BR,2BA | $1.27 |
| Campus West at Tryon | 3X3 | 3BR,3BA | $0.76 |
| Campus Edge | 2x2 Upgraded | 2BR,2BA | $0.96 |
| Village Green Student Housing | 2BD/2BA | 2BR,2BA | $1.02 |
| Olde School Commons | OSC 1/1 | 1BR,1BA | $0.89 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleTop 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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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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Pet Friendly LifestyleSouth Raleigh, Raleigh, NC
Ranked #10
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Raleigh, Raleigh, NC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Raleigh, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Raleigh Apartments
What is a cheap apartment in South Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Raleigh is under $1,098.
What is the price of a cheap apartment in South Raleigh?
The cheapest apartment in South Raleigh is Olde School Commons which is listed at $709, while the average apartment in South Raleigh costs $5,017.
What types of apartments are the cheapest in South Raleigh?
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 50 regular apartments in South Raleigh 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 Raleigh?
Cheap apartments in South Raleigh have an average cost of $559 which is $4,458 cheaper than the average rent for all rentals in South Raleigh.
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
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.
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.
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.
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
Maximizing Your Refund: Essential Tax Tips for Renters
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.
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.
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.
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.