Cheap Apartments for Rent near Southmont, NC from $775 (38 Rentals)

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

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.

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.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Parkview Apartments
Studio to 2 Bedroom Apartments

Parkview Apartments

215-217 W 3rd AveLexington, NC 27292
  • Utilities Included

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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30 E 4th St
2 to 3 Bedroom Apartments

30 E 4th St

30 E 4th StLexington, NC 27292

Southmont, NC Local Guide

Cheapest Available Southmont Apartments for Rent and Nearby

 

The cheapest available apartment rental in Southmont, NC is a Studio unit found at Lakewood I and II Apartment Homes in the Westwood neighborhood priced from $775. Northwood Apartment Homes in the Davie neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $905. Here is today’s list of the most affordable Southmont apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Lakewood I and II Apartment HomesStudioStudio,1BA$775
Northwood Apartment HomesStudioStudio,1BA$905
Southgate Gardens1 Bed 1 Bath1BR,1BA$915
Lexington Park ApartmentsCozy One Bedroom Apartment Home1BR,1BA$920
Fleming Heights Apartments1 Bedroom1BR,1BA$950
530 Park Ave1-Bedroom1BR,1BA$950
27 Hege Drive2/12BR,1BA$995
205 E First Street ApartmentsTwo-Bedrooms2BR,1BA$995
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1BA$999
Kannan Station Apartment HomesStudioStudio,1BA$1,010

Best Value Apartments for Rent in Southmont, NC and Nearby

As of August 26, 2026 the best value apartment in the Southmont area is the $1.34 price per square foot 2x2 Deluxe-Call For Availability Model at Crown Point Luxury Apartments at Kingsport in the in the Oak Crest neighborhood starting from $1,525. The second greatest value Southmont apartment is the Three Bedroom Model at 108 Sherman St starting at $1,100 with a $1.00 price per square foot in the Davidson 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.
Crown Point Luxury Apartments at Kingsport2x2 Deluxe-Call For Availability2BR,2BA$1.34
108 Sherman StThree Bedroom3BR,1BA$1.00
Laurel Pointe2A2BR,2BA$1.03
The Retreat at Kannapolis2Bd 1.5Bth TH Reno2BR,1.5BA$1.25
Lionchase ApartmentsDeluxe Two Bedroom Apartment Home2BR,1.5BA$1.25
Holly Hill Townhomes2 BED 1.5 BATH2BR,1.5BA$1.20
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1.25
306 N Jackson Street2BR/1.0BA2BR,1BA$1.29
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1.5BA$1.13
Nu Salisbury SouthOne Bedroom One Bath1BR,1BA$1.29

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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Pet Friendly Lifestyle
Southmont, NC

Ranked #108

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

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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 $775.

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

The lowest price for a Cheap One Bedroom Southmont Apartment is $890 at Lakewood I and II Apartment Homes.

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 $860 at Lakewood I and II Apartment Homes.

What is the most affordable Southmont Three Bedroom Apartment?

The best deal on a cheap Southmont Three Bedroom Apartment rental is at 108 Sherman St and starts from $1,100.

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

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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.

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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.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.