Cheap Homes for Rent in Southwest Raleigh Neighborhood of Raleigh, NC from $500 (44 Rentals)

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

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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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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Southwest Raleigh - One of the Best Affordable Neighborhoods in Raleigh

Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

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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 Studio unit found at Westgrove Tower Condominiums priced from $895. 1820 at Centennial has the second lowest priced unit, which is a 4 Beds apartment currently listed from $900. Here are the most affordable Southwest Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Westgrove Tower CondominiumsS1Studio,1BA$895
1820 at Centennial4x44BR,4BA$900
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$947
Pullen Station LoftsStudioStudio,1BA$950
The Parke at Trinity Apartment HomesA11BR,1BA$958
Arbor Creek11BR1BR,1BA$1,005
403 WestA11BR,1BA$1,012
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,045

Best Value Apartments for Rent in Southwest Raleigh, NC

As of June 12, 2025 the best value apartment in the Southwest Raleigh area is the $0.55 price per square foot 5x5 Loft Private Access Model at Paloma Raleigh in the in the Roylene Acres neighborhood starting from $959. The second greatest value Southwest Raleigh apartment is the Four Bedrooms Model at Stanhope starting at $1,250 with a $0.79 price per square foot in the Grove Park 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.
Paloma Raleigh5x5 Loft Private Access5BR,5BA$0.55
StanhopeFour Bedrooms4BR,4BA$0.79
University Village at 25054x44BR,4BA$0.55
Yugo Raleigh Logan4 Bed, 4 Bath Plus4BR,4BA$0.88
Campus Edge3x3 Platinum3BR,3BA$0.72
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.58
Centennial Ridge Student Housing3x33BR,3BA$0.58
1820 at Centennial3x33BR,3BA$0.84
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89

Quick Rent Budget Calculator

How much rent can you afford?

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Frequently Asked Questions about Southwest Raleigh

What type of rentals are currently available in Southwest Raleigh?

There are currently 514 Apartments for Rent in Southwest Raleigh, NC with pricing that ranges from $470 to $9,292. There are also 149 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Raleigh ranging from $575 to $6,000.

What is the current price range for Rental Homes in Southwest Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Raleigh ranges from $575 to $6,000 with an average monthly rent of $2,033.

How much are larger Three and Four Bedroom Rentals in Southwest Raleigh?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Raleigh range from $820 to $9,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $875 to $3,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $470.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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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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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.