Cheap Apartments for Rent in the Southwest Raleigh Neighborhood of Raleigh, NC from $600 (228 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southwest Raleigh area of Raleigh.

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2002 Technology Woods Dr
$620
Total Monthly Price

Total Monthly Price

Base Rent
$620
Total Monthly Price
$620
1 to 4 Bedroom Apartment Available Now

2002 Technology Woods Dr

2002 Technology Woods DrRaleigh, NC 27603
Cost Per Sq.Ft.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 1911 Wolftech Ln

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625
Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

1911 Wolftech Ln, Unit 104, Unit 104

1911 Wolftech Ln
RaleighNC27603

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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property at 1140 Carlton Ave

$725

Total Monthly Price

Total Monthly Price

Base Rent
$725
Total Monthly Price
$725

1 Bedroom, 1 Bath Condo for Rent

Available Aug 4

1140 Carlton Ave, Unit 102, Unit 102

1140 Carlton Ave
RaleighNC27606

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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property at 1011 Parker St

$855

Total Monthly Price

Total Monthly Price

Base Rent
$855
Total Monthly Price
$855

4 Bedroom, 3 Bath Home for Rent

Available Aug 7, 2027

1011 Parker St

RaleighNC27607

Discover Raleigh, North Carolina: A Local's Take on the City of Oaks

Explore Raleigh's vibrant culture, from the best outdoor trails and museums to a comprehensive guide on the area's top-rated restaurants and nightlife, including the Warehouse District.

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Wedgwood Apartments
Rent Specials
$989 - $1,819
Total Monthly Price

Total Monthly Price

Base Rent
$989 - $1,819
Total Monthly Price
$989 - $1,819
Studio to 3 Bedroom Apartments Available Now

Wedgwood Apartments

740 Smallwood DrRaleigh, NC 27605
Affordability
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Skyhouse Raleigh
Rent Specials
$1,014 - $2,699
Total Monthly Price

Total Monthly Price

Base Rent
$1,014 - $2,699
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Skyhouse Raleigh

308 S Blount StRaleigh, NC 27601
Furnished
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Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers

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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Southwest Raleigh, Raleigh, NC Local Guide

Cheapest Available Southwest Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Southwest Raleigh area of Raleigh, NC is a 1 Bed unit found at The Grove priced from $799. Stanhope has the second lowest priced unit, which is a 2 Beds apartment currently listed from $845. Here are the most affordable Southwest Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The GroveA1 - The Mirlen1BR,1BA$799
Stanhope2x2 Shared2BR,2BA$845
Westgrove Tower CondominiumsS1Studio,1BA$915
Pullen Station LoftsStudioStudio,1BA$950
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$963
Aurella CaryThe Camillia1BR,1BA$980
The Parke at Trinity Apartment HomesA11BR,1BA$980
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$989
Wedgwood ApartmentsRaleigh EfficiencyStudio,1BA$989
Greenway Flats ApartmentsStudioStudio,1BA$995

Best Value Apartments for Rent in Southwest Raleigh, NC

As of April 25, 2026 the best value apartment in the Southwest 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 Southwest Raleigh apartment is the 3 Bedroom, 3 BathTownhome Model at Redpoint Raleigh starting at $995 with a $0.71 price per square foot in the Roylene Acres neighborhood. Here is today’s list of the best values for Southwest Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village at 25054x44BR,4BA$0.56
Redpoint Raleigh3 Bedroom, 3 BathTownhome3BR,3BA$0.71
Tryon Flats – Modern Student Living Near NC StateA24BR,4BA$0.67
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.49
Centennial Village Student Housing3x33BR,3BA$0.59
Centennial Ridge Student Housing3x33BR,3BA$0.59
1820 at Centennial3x33BR,3BA$0.81
Campus West at Tryon3X33BR,3BA$0.76
Campus Edge2x2 Platinum2BR,2BA$0.99
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$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.

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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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Pet Friendly Lifestyle
Southwest Raleigh, Raleigh, NC

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Southwest Raleigh, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Southwest 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 searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Southwest Raleigh Apartments

What is the Cheapest Studio apartment in Southwest Raleigh?

Currently the most affordable Cheap Studio Apartment in Southwest Raleigh is at Westgrove Tower Condominiums listed at $915.

How much is rent for a Cheap One Bedroom Southwest Raleigh Apartment?

The lowest price for a Cheap One Bedroom Southwest Raleigh Apartment is $799 at The Grove.

What is the lowest price for a Cheap Two Bedroom Southwest Raleigh Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southwest Raleigh is starting from $845 at Stanhope.

What is the most affordable Southwest Raleigh Three Bedroom Apartment?

The best deal on a cheap Southwest Raleigh Three Bedroom Apartment rental is at Stanhope and starts from $1,325.

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.

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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

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.

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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.