Cheap Apartments for Rent in the Southwest Raleigh Neighborhood of Raleigh, NC from $599 (221 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 2011 Wolfmill Dr
$625

Total Monthly Price

Base Rent$625
Total Monthly Price$625
4 Bedroom, 4 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

2011 Wolfmill Dr, Unit 104

2011 Wolfmill Dr
RaleighNC27603
  • Smoke Free
property at 1911 Wolftech Ln
$625

Total Monthly Price

Base Rent$625
Total Monthly Price$625
1 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

1911 Wolftech Ln, Unit 104

1911 Wolftech Ln
RaleighNC27603
  • Smoke Free

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.

Read Article

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Read Article
property at 1911 Wolftech Ln
$795

Total Monthly Price

Base Rent$795
Total Monthly Price$795
4 Bedroom, 4 Bath Condo for Rent
Available Nov 1
Cost Per Sq.Ft.

1911 Wolftech Ln, Unit 302

1911 Wolftech Ln
RaleighNC27603

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.

Read Article
close
View Me
Wedgwood Apartments
$989 - $1,819

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
  • Verified
  • Customer Reviewed
  • Utilities Included

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Read Article
property at 3501 Octavia St
$1,100

Total Monthly Price

Base Rent$1,100
Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Oct 1
Outdoors

3501 Octavia St

RaleighNC27606

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Read Article
Showing Results 1-50, Page 1 of 5

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 4 Beds unit found at Friendly105 Apartments priced from $625. Campus Suites has the second lowest priced unit, which is a 2 Beds apartment currently listed from $795. Here are the most affordable Southwest Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Friendly105 ApartmentsLIMITED TIME, FREE MONTH SIGN BY 7/31! Fully Fu...4BR, 4BA$625
Campus Suites2BR/1.0BA2BR, 1BA$795
Hub Raleigh4x2 Pod4BR, 2BA$799
Stanhope2x2 Shared2BR, 2BA$845
The Kenton Apartments1BR/1.0BA1BR, 1BA$850
Woodall Apartments1402-K1BR, 1BA$895

Best Value Apartments for Rent in Southwest Raleigh, NC

As of September 23, 2026 the best value apartment in the Southwest Raleigh area is the $0.55 price per square foot 4x4 Model at University Village at 2505 in the University Suites neighborhood starting from $799. The second greatest value Southwest Raleigh apartment is the 1440 Collegiate Cir Model at 1440 Collegiate Cir, Unit 104 in the Lakeside neighborhood starting at $625 with a $0.46 price per square foot. 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$0.55
1440 Collegiate Cir, Unit 1041440 Collegiate Cir4BR, 4BA$0.46
2021 Wolf Tech Ln, Unit 2042021 Wolf Tech Ln4BR, 4BA$0.46
Method Townhomes3BD / 3.5BA Townhome3BR, 3.5BA$0.51
Tryon Flats ApartmentsA24BR, 4BA$0.58
3770 Pardue Woods Pl, Unit 3013770 Pardue Woods Pl3BR, 3BA$0.48
1500 Graduate Ln, Unit 15001500 Graduate Ln4BR, 4BA$0.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR, 3BA$0.49
Centennial Village Student Housing3x33BR, 3BA$0.49
Centennial Ridge Student Housing3x33BR, 3BA$0.49

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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

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.

Read Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

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 a cheap apartment in Southwest Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Raleigh is under $895.

What is the price of a cheap apartment in Southwest Raleigh?

The cheapest apartment in Southwest Raleigh is The Kenton Apartments which is listed at $850, while the average apartment in Southwest Raleigh costs $1,660.

What types of apartments are the cheapest in Southwest 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 196 regular apartments in Southwest 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 Southwest Raleigh?

Cheap apartments in Southwest Raleigh have an average cost of $531 which is $1,129 cheaper than the average rent for all rentals in Southwest 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

decorative image for Discover Raleigh, North Carolina: A Locals Take on the City of Oaks article

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.

decorative image for Discover Terrific Apartment Opportunities Near Raleighs Largest Employers article

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.

decorative image for Local Guide To the Best Student Friendly Neighborhoods to Rent Near Colleges in Raleigh article

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.

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.

Articles, How-To's, and Tips

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.