
Cheap Apartments for Rent in the South Raleigh Neighborhood of Raleigh, NC from $400 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in the South Raleigh area of Raleigh.


Room in House on Tawny View Ln

Room in House on Moonbeam Dr

Room in House on Ujamaa Dr

Room in Condo on Trailwood Heights Ln

2021 Wolf Tech Ln, Unit 204

3770 Pardue Woods Pl, Unit 301

Room in House on Glacis Ct

Room in Townhome on Haskell Dr

Room in Apartment on Crab Orchard Dr
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

Room in Townhome on Abbots Ml Dr

Room in House on Henslowe Dr

Room in Townhome on Barrymore St

Room in Townhome on Preveza Pl

Room in House on Slippery Elm Dr

1321 Crab Orchard Dr

Room in Condo on Crab Orchard Dr

1411 Collegiate Cir

Room in Condo on Collegiate Cir

Room in Townhome on Sunny Cove Dr

Room in Townhome on Warm Springs Ln

Room in Condo on Wolfmill Dr

Room in House on Killian Ct

The Wilde

Room in Townhome on Princess Lita Way

Room in Townhome on Chert Ln

Room in Condo on Collegiate Cir

Room in Townhome on Kasota Ln

Room in House on Buckingham Rd

Room in Townhome on White Oak Gdn Wy

Room in House on Gunderson Ln

Room in Townhome on Macedonia Lake Dr

15 Coats Cir

37 Coats Cir
South Raleigh, Raleigh, NC Local Guide

How much does it cost to rent an apartment in South Raleigh?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
South Raleigh Studio Apartments | $1,260 | $1,178 | $1,335 |
South Raleigh 1 Bedroom Apartments | $1,439 | $572 | $3,229 |
South Raleigh 2 Bedroom Apartments | $1,783 | $830 | $4,001 |
South Raleigh 3 Bedroom Apartments | $2,179 | $740 | $4,660 |
South Raleigh 4 Bedroom Apartments | $1,668 | $450 | $2,619 |
Browse Apartments in this Neighborhood
There are currently 46 rentals with your search options within a 2 mile radius of the South Raleigh Neighborhood of Raleigh, NC.
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South Raleigh, Raleigh, NC Local Guide
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Cheapest Available South Raleigh Apartments for Rent
 The cheapest available apartment rental in the South Raleigh area of Raleigh, NC is a 4 Beds unit found at The Wilde priced from $735. 1820 at Centennial has the second lowest priced unit, which is a 4 Beds apartment currently listed from $900. Here are the most affordable South Raleigh apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Wilde | D1 | 4BR,4BA | $735 |
1820 at Centennial | 4x4 | 4BR,4BA | $900 |
Trailwood Crossing Apartments | A1 - Bickmore | 1BR,1BA | $1,042 |
Legacy 2000 | 1x1 White Oak Standard Unit-Call For Avail. | 1BR,1BA | $1,075 |
The Retreat at Lake Johnson Apartments | A1 - Dahlia | 1BR,1BA | $1,075 |
Flats on 7th Apartments | 1BR 1BA | 1BR,1BA | $1,084 |
Westchester | A2 | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in South Raleigh, NC
As of April 08, 2025 the best value apartment in the South Raleigh area is the $0.60 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $869. The second greatest value South Raleigh apartment is the 3x3 Model at Centennial Ridge Student Housing starting at $699 with a $0.58 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for South Raleigh apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
University Village at 2505 | 4x4 | 4BR,4BA | $0.60 |
Centennial Ridge Student Housing | 3x3 | 3BR,3BA | $0.58 |
1820 at Centennial | 3x3 | 3BR,3BA | $0.84 |
Magnolia House | B2 | 2BR,2.5BA | $1.25 |
Campus Edge | 2x2 Platinum | 2BR,2BA | $0.99 |
Village Green Student Housing | 2BD/2BA | 2BR,2BA | $1.06 |
Campus Crossings at Raleigh | 2 Bedroom 2 Bathroom | 2BR,2BA | $0.95 |
Remington Place | Fairfield I | 1BR,1BA | $1.30 |
Trailwood Crossing Apartments | A1 - Bickmore | 1BR,1BA | $1.29 |
Flats on 7th Apartments | 1BR 1BA | 1BR,1BA | $1.36 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Pet Friendly LifestyleSouth Raleigh, Raleigh, NC
Ranked #9
Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in South Raleigh, Raleigh, NC
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, including South Raleigh, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, transit availability, pet-friendly communities, places to raise kids, and much more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap South Raleigh Apartments
What is a cheap apartment in South Raleigh?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in South Raleigh is under $1,100.
What is the price of a cheap apartment in South Raleigh?
The cheapest apartment in South Raleigh is Trailwood Crossing Apartments which is listed at $1,042, while the average apartment in South Raleigh costs $2,459.
What types of apartments are the cheapest in South Raleigh?
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 31 regular apartments in South Raleigh 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 South Raleigh?
Cheap apartments in South Raleigh have an average cost of $452 which is $2,007 cheaper than the average rent for all rentals in South Raleigh.
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.

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.

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.