Cheap Apartments for Rent in the South Park Neighborhood of Raleigh, NC from $500 (23 Rentals)

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Search the lowest-cost Apartments available for rent right now in the South Park area of Raleigh.

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Walnut Terrace
1 to 2 Bedroom Apartments

Walnut Terrace

1256 McCauley StRaleigh, NC 27601
  • Utilities Included
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Shammah Winds
2 Bedroom Apartments

Shammah Winds

1407 Sawyer RdRaleigh, NC 27610
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Magnolia Square
1 Bedroom Apartments

Magnolia Square

511 E Martin StRaleigh, NC 27601
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200 E Edenton St
1 to 2 Bedroom Apartments

200 E Edenton St

200 E Edenton StRaleigh, NC 27601
  • Utilities Included

Raleigh's Best Affordable Neighborhoods

Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

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The L Apartments
Studio to 2 Bedroom Apartments

The L Apartments

205 W Davie StRaleigh, NC 27601
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323 S East St
1 Bedroom Apartments

323 S East St

323-325 S East StRaleigh, NC 27601

South Park, Raleigh, NC Local Guide

Cheapest Available South Park Apartments for Rent

 

The cheapest available apartment rental in the South Park area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $1,115. Trails Corner Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here are the most affordable South Park apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,115
Trails Corner ApartmentsTC 2x12BR,1BA$1,125
Skyhouse RaleighS1AStudio,1BA$1,144
The LincolnThe Hub StudioStudio,1BA$1,185
The Acorn on Person StreetLeeStudio,1BA$1,255

Best Value Apartments for Rent in South Park, NC

As of April 26, 2025 the best value apartment in the South Park area is the $2.00 price per square foot Hudsen - Hargett Model at ABODE at Hargett in the in the Blount Street neighborhood starting from $3,175. The second greatest value South Park apartment is the 201 Model at Capital Apartments starting at $1,905 with a $1.49 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for South Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
ABODE at HargettHudsen - Hargett3BR,2.5BA$2.00
Capital Apartments2011BR,1BA$1.49
Trails Corner ApartmentsTC 2x12BR,1BA$1.13
MAA HueRed 11BR,1BA$2.13
The LincolnThe Acorn1BR,1BA$2.25
The DillonMidland II1BR,1BA$2.68
511 FayeStudio 17Studio ,1BA$2.65
The Edison Lofts ApartmentsStudio S1Studio ,1BA$2.30
The Acorn on Person StreetLeeStudio ,1BA$2.49
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$2.23

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Pet Friendly Lifestyle
South Park, Raleigh, NC

Ranked #79

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap South Park Apartments

What is the Cheapest Studio apartment in South Park?

Currently the most affordable Cheap Studio Apartment in South Park is at Skyhouse Raleigh listed at $1,144.

How much is rent for a Cheap One Bedroom South Park Apartment?

The lowest price for a Cheap One Bedroom South Park Apartment is $1,117 at Capital Flats & Magnolia Square Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in South Park is starting from $1,125 at Trails Corner Apartments.

What is the most affordable South Park Three Bedroom Apartment?

The best deal on a cheap South Park Three Bedroom Apartment rental is at Trails Corner Apartments and starts from $1,275.

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.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh article

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.

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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.

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Rise of Digital Nomads: Remote Work Tips for Apartment Renters

Written by: Brandie Parton

As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.