
Cheap Homes for Rent in Southwest Raleigh Neighborhood of Raleigh, NC from $500 (38 Rentals)
Search the lowest-cost Homes available for rent right now in the Southwest Raleigh area of Raleigh.


Room in Condo on University Ct

2021 Wolf Tech Ln

3020 Centennial Woods Dr, Unit 103

1410 Collegiate Cir

2011 Wolfmill Dr, Unit 104

1911 Wolftech Ln, Unit 104

Room in Condo on Collegiate Cir

3000 Centennial Woods Dr
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.

Room in House on Henslowe Dr

Room in House on Golden Oak Ct

Room in Condo on Collegiate Cir

Room in House on Okelly St

1140 Carlton Ave

Room in Duplex on Lundy Dr

1511 Graduate Ln, Unit 103

1140 Carlton Ave, Unit 102

314 Martin Luther King Jr Blvd
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.

314 Martin Luther King Jr Blvd

Room in Townhome on Macedonia Lake Dr

1230 University Ct

3506 Ivy Commons Dr, Unit 301

3502 Ivy Commons Dr, Unit 201

815 Clay St

703 Daniels St, Unit Cameron Village Condo

1106 Garner Rd, Unit D

3535 Ivy Commons Dr, Unit 302
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.

2010 Quaker Landing

2020-104 Quaker Lndg

1504 Crest Rd

1208 Carlton Ave

912 S Bloodworth St

528 Wade Ave, Unit A

929 St Marys St

1092 Nichols Dr

1216 Athens Dr
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.

29 Enterprise St

444 S Blount St
Southwest Raleigh, Raleigh, NC Local Guide

How much does it cost to rent a home in Southwest Raleigh?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Southwest Raleigh 2 Bedroom Homes for Rent | $1,680 | $1,125 | $2,600 |
| Southwest Raleigh 3 Bedroom Homes for Rent | $2,260 | $1,400 | $4,800 |
| Southwest Raleigh 4 Bedroom Homes for Rent | $3,392 | $625 | $4,400 |
| Southwest Raleigh 5 Bedroom Homes for Rent | $5,250 | $5,250 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 38 rentals with your search options within a 2 mile radius of the Southwest Raleigh Neighborhood of Raleigh, NC.
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Southwest Raleigh, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
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Cheapest Available Southwest Raleigh Apartments for Rent
 The cheapest available apartment rental in the Southwest Raleigh area of Raleigh, NC is a 2 Beds unit found at Stanhope priced from $845. Maxwell Raleigh has the second lowest priced unit, which is a 3 Beds apartment currently listed from $899. Here are the most affordable Southwest Raleigh apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| Maxwell Raleigh | Chelsea- Premium | 3BR,3BA | $899 |
| Westgrove Tower Condominiums | S1 | Studio,1BA | $915 |
| The Parke at Trinity Apartment Homes | A1 | 1BR,1BA | $931 |
| The Grove | A1 - The Mirlen | 1BR,1BA | $933 |
| Pullen Station Lofts | Studio | Studio,1BA | $950 |
Best Value Apartments for Rent in Southwest Raleigh, NC
As of February 22, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| University Village at 2505 | 4x4 | 4BR,4BA | $0.56 |
| Redpoint Raleigh | 3 Bedroom, 3 BathTownhome | 3BR,3BA | $0.71 |
| 1911 Wolftech Ln | 1911 Wolftech Ln | 1BR,1BA | $0.43 |
| Welcome to our luxurious apartment community near NC State University in Raleigh, NC! | A2 | 4BR,4BA | $0.67 |
| 3770 Pardue Woods Pl, Unit 301 | 3770 Pardue Woods Pl | 3BR,3BA | $0.48 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| Centennial Village Student Housing | 3x3 | 3BR,3BA | $0.58 |
| Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.58 |
| 1820 at Centennial | 3x3 | 3BR,3BA | $0.81 |
| Campus West at Tryon | 3X3 | 3BR,3BA | $0.76 |
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.
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.
Pet Friendly LifestyleSouthwest Raleigh, Raleigh, NC
Ranked #4
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Southwest Raleigh, Raleigh, NC
School data provided by Great Schools
Frequently Asked Questions about Southwest Raleigh
What type of rentals are currently available in Southwest Raleigh?
There are currently 526 Apartments for Rent in Southwest Raleigh, NC with pricing that ranges from $600 to $10,473. There are also 184 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Raleigh ranging from $500 to $5,250.
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 $500 to $5,250 with an average monthly rent of $2,413.
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 $625 to $10,473, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $4,800. Four Bedroom Single-Family rentals are also available starting from $625 and Four Bedroom Apartments start at $625.
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.
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.