Cheap Apartments for Rent in Southmont, NC from $700 (41 Rentals)

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Search the lowest-cost Apartments available for rent right now in Southmont.

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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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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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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Parkview Apartments
Studio to 2 Bedroom Apartments

Parkview Apartments

215-217 W 3rd AveLexington, NC 27292
  • Utilities Included
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505 E Guilford St
3 Bedroom Apartments

505 E Guilford St

505 E Guilford StThomasville, NC 27360

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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108 Sherman St
3 Bedroom Apartments

108 Sherman St

108 Sherman StThomasville, NC 27360

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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Southmont, NC Local Guide

Cheapest Available Southmont Apartments for Rent and Nearby

 

The cheapest available apartment rental in Southmont, NC is a 1 Bed unit found at 27 Hege Drive in the Davidson neighborhood priced from $745. Lakewood I and II Apartment Homes in the Westwood neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $767. Here is today’s list of the most affordable Southmont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
27 Hege Drive1/11BR,1BA$745
Lakewood I and II Apartment HomesStudioStudio,1BA$767
North Point and Hallmark ApartmentsTOWNHOME (HALLMARK)2BR,1BA$820
306 N Jackson Street1BR/1.0BA1BR,1BA$900
Lexington Park ApartmentsCozy One Bedroom Apartment Home1BR,1BA$920
Kannan Station Apartment HomesStudioStudio,1BA$975
Fairview Village1 Bedroom Garden1BR,1BA$975
Northwood Apartment HomesStudioStudio,1BA$985
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1BA$999
Lexington StationThe Retreat1BR,1BA$1,050

Best Value Apartments for Rent in Southmont, NC and Nearby

As of May 27, 2026 the best value apartment in the Southmont area is the $1.20 price per square foot The Salisbury - w/ Sunroom Model at The Grand on Julian in the in the Davidson neighborhood starting from $1,625. The second greatest value Southmont apartment is the 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport starting at $1,525 with a $1.34 price per square foot in the Oak Crest neighborhood. Here is today’s list of the best values for Southmont apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Grand on JulianThe Salisbury - w/ Sunroom2BR,2BA$1.20
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
North Point and Hallmark ApartmentsTOWNHOME (NORTH POINT)2BR,1.5BA$0.95
Laurel Pointe2A2BR,2BA$1.03
Lionchase ApartmentsNCLNC 2x1.5 1000sqft - Deluxe2BR,1.5BA$1.25
Holly Hill Townhomes2 BED 1.5 BATH2BR,1.5BA$1.20
Beautiful Chesney Woods Townhomes2BR/1.5BA2BR,1.5BA$1.35
306 N Jackson Street2BR/1.0BA2BR,1BA$1.31
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1.5BA$1.13
30 E 4th St32 East 4th2BR,1BA$1.38

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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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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Southmont, NC Rentals by Map

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Frequently Asked Questions about Cheap Southmont Apartments

What is the Cheapest Studio apartment in Southmont?

Currently the most affordable Cheap Studio Apartment in Southmont is at Lakewood I and II Apartment Homes listed at $767.

How much is rent for a Cheap One Bedroom Southmont Apartment?

The lowest price for a Cheap One Bedroom Southmont Apartment is $745 at 27 Hege Drive.

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

Today's best deal for a Cheap Two Bedroom Apartment in Southmont is starting from $820 at North Point and Hallmark Apartments.

What is the most affordable Southmont Three Bedroom Apartment?

The best deal on a cheap Southmont Three Bedroom Apartment rental is at 30 E 4th St and starts from $1,200.

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.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.