Cheap Apartments for Rent near Southmont, NC from $700 (45 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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property at 76 Random Dr

$800

2 Bedroom Rentals

Available Now

76 Random Dr

LexingtonNC27292
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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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27 Hege Drive
Studio to 2 Bedroom Apartments

27 Hege Drive

27 Hege DrLexington, 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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30 E 4th St
2 to 3 Bedroom Apartments

30 E 4th St

30 E 4th StLexington, NC 27292
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108 Sherman St
3 Bedroom Apartments

108 Sherman St

108 Sherman StThomasville, NC 27360

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.

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Showing Results 1-45, Page 1 of 1

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 $735. North Point and Hallmark Apartments in the Davidson neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $800. 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$735
North Point and Hallmark ApartmentsTOWNHOME (HALLMARK)2BR,1BA$800
Alexander Station Apartment HomesStudio- Alexander StationStudio,1BA$870
Northwood Apartment HomesStudioStudio,1BA$905
Lexington Park ApartmentsCozy One Bedroom Apartment Home1BR,1BA$920
306 N Jackson Street1BR/1.0BA1BR,1BA$950
205 E First Street ApartmentsUnit B2BR,1BA$995
Creekside at Kennedy Mill2 Bed/1.5 Bath2BR,1BA$999
Laurel Pointe2A2BR,2BA$1,050
Lexington StationThe Retreat1BR,1BA$1,050

Best Value Apartments for Rent in Southmont, NC and Nearby

As of July 12, 2026 the best value apartment in the Southmont area is the $0.86 price per square foot TOWNHOME (NORTH POINT) Model at North Point and Hallmark Apartments in the in the Davidson neighborhood starting from $900. The second greatest value Southmont apartment is the 2A Model at Laurel Pointe starting at $1,050 with a $1.03 price per square foot in the Westwood 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.
North Point and Hallmark ApartmentsTOWNHOME (NORTH POINT)2BR,1.5BA$0.86
Laurel Pointe2A2BR,2BA$1.03
Southgate Gardens2 Bed 2 Bath2BR,2BA$1.14
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
Fairview Village2 Bedroom Townhouse2BR,1.5BA$1.28
Forest Village2 Bedroom 1 Bathroom2BR,1BA$1.25
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Southmont, NC Rentals by Map

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See the most popular apartments and homes in Southmont, NC

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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 $685.

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

The lowest price for a Cheap One Bedroom Southmont Apartment is $820 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 $800 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 Laurel Pointe and starts from $1,204.

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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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.