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from $850Studio Apartments Available Now
Vivo Living Forest Hills
4515 NC Highway 55Durham, NC 27713
Cheap Apartments for Rent in the Parkwood Neighborhood of Durham, NC from $800 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Parkwood area of Durham.
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from $996Studio to 3 Bedroom Apartments Available Now
Emerald Place
4512 Emerald Forest DrDurham, NC 27713
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from $1,0991 to 2 Bedroom Apartments Available Now
Cortland Research Park
4405 Waterford Valley DrDurham, NC 27713
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from $1,1661 to 2 Bedroom Apartments Available Now
54 Station
1415 E NC 54 HwyDurham, NC 27713
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from $1,305Studio to 2 Bedroom Apartments Available Now
Alexander Crossing
3500 Louis Stephens DrDurham, NC 27713
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from $1,2951 to 3 Bedroom Apartments Available Now
Parkside Place Apartments
200-5100 Dominion Oak CirCary, NC 27519
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from $1,395Studio to 3 Bedroom Apartments Available Now
Aventon Cary
1515 Rollick RdCary, NC 27519
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Parkwood, Durham, NC Local Guide
How much does it cost to rent an apartment in Parkwood?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parkwood Studio Apartments | $1,277 | $899 | $1,883 |
| Parkwood 1 Bedroom Apartments | $1,582 | $1,007 | $2,629 |
| Parkwood 2 Bedroom Apartments | $1,962 | $1,381 | $3,545 |
| Parkwood 3 Bedroom Apartments | $2,677 | $1,688 | $4,607 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Parkwood Neighborhood of Durham, NC.
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Parkwood, Durham, NC Local Guide
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Cheapest Available Parkwood Apartments for Rent
The cheapest available apartment rental in the Parkwood area of Durham, NC is a Studio unit found at Vivo Living Forest Hills priced from $850. Bentley Ridge has the second lowest priced unit, which is a 1 Bed apartment currently listed from $944. Here are the most affordable Parkwood apartments for rent in Durham, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Forest Hills | Studio | Studio,1BA | $850 |
| Bentley Ridge | The Brightleaf 535 | 1BR,1BA | $944 |
| Cortland Research Park | Amberly | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Parkwood, NC
As of March 28, 2025 the best value apartment in the Parkwood area is the $1.74 price per square foot The Laurel Model at Elevate the Park in the in the South Durham neighborhood starting from $1,415. The second greatest value Parkwood apartment is the A3 Model at Parkside Place Apartments starting at $1,189 with a $1.49 price per square foot in the Austin Creek neighborhood. Here is today’s list of the best values for Parkwood apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Elevate the Park | The Laurel | 1BR,1BA | $1.74 |
| Parkside Place Apartments | A3 | 1BR,1BA | $1.49 |
| 54 Station | North | 1BR,1BA | $1.60 |
| Cortland at RTP | Cameron | 1BR,1BA | $1.71 |
| Aventon Cary | A1 | 1BR,1BA | $2.33 |
| Cortland Research Park | Amberly | 1BR,1BA | $1.60 |
| Alta Davis | Córdova | Studio ,1BA | $2.19 |
| Emerald Place | Grand Renovated | 1BR,1BA | $1.91 |
| MAA Nixie | S2 0x1 566 SF | Studio ,1BA | $2.58 |
| Bentley Ridge | The Brightleaf 535 | 1BR,1BA | $1.76 |
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Pet Friendly LifestyleParkwood, Durham, NC
Ranked #59
Among neighborhoods in Durham, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Parkwood Apartments
What is a cheap apartment in Parkwood?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Parkwood is under $1,415.
What is the price of a cheap apartment in Parkwood?
The cheapest apartment in Parkwood is Bentley Ridge which is listed at $944, while the average apartment in Parkwood costs $2,905.
What types of apartments are the cheapest in Parkwood?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 16 regular apartments in Parkwood that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Parkwood?
Cheap apartments in Parkwood have an average cost of $223 which is $2,682 cheaper than the average rent for all rentals in Parkwood.
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.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.