Cheap Apartments for Rent in the South Raleigh Neighborhood of Raleigh, NC from $400 (45 Rentals)

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

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Elders Peak
1 to 2 Bedroom Apartments

Elders Peak

2917 Creech RdRaleigh, NC 27610
Senior Living
  • 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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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included
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Cosmo & Lewis Estates
Studio to 1 Bedroom Apartments

Cosmo & Lewis Estates

1117-1129 Hadley RdRaleigh, NC 27610
Senior Living
  • Utilities Included
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Dover Apartments
1 to 4 Bedroom Apartments

Dover Apartments

706 Wexford DrRaleigh, NC 27603
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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
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Sycamore Run
2 Bedroom Apartments

Sycamore Run

1090 Holly View DrRaleigh, NC 27610
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1505 Kirkland Rd
1 Bedroom Apartments

1505 Kirkland Rd

1505 Kirkland RdRaleigh, NC 27603
property at 37 Coats Cir

37 Coats Cir

AngierNC27501
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Olde School Commons
1 Bedroom Apartments

Olde School Commons

720-776 W Garner RdGarner, NC 27529
Senior Living
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Weston Trace
2 to 3 Bedroom Apartments

Weston Trace

204 Westcroft DrGarner, NC 27529
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Plaza Apartments - NC
2 to 3 Bedroom Apartments

Plaza Apartments - NC

735 Crestwood DrGarner, NC 27529
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Bryan Woods Apartment
1 to 3 Bedroom Apartments

Bryan Woods Apartment

905 Bryan PlGarner, NC 27529
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Showing Results 1-45, Page 1 of 1

South Raleigh, Raleigh, NC Local Guide

Cheapest Available South Raleigh Apartments for Rent

 

The cheapest available apartment rental in the South Raleigh area of Raleigh, NC is a 1 Bed unit found at 6827 Glacis Ct priced from $625. 729 Moonbeam Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $650. Here are the most affordable South Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
6827 Glacis Ct6827 Glacis Ct1BR,1BA$625
729 Moonbeam Dr729 Moonbeam Dr1BR,1BA$650
2824 Henslowe Dr2824 Henslowe Dr1BR,1BA$650
1304 Buckingham Rd1304 Buckingham Rd1BR,1BA$650

Best Value Apartments for Rent in South Raleigh, NC

As of March 25, 2025 the best value apartment in the South Raleigh area is the $0.27 price per square foot 108 Gunderson Ln Model at 108 Gunderson Ln in the in the Southern Trace neighborhood starting from $850. The second greatest value South Raleigh apartment is the 1304 Buckingham Rd Model at 1304 Buckingham Rd starting at $650 with a $0.22 price per square foot in the Sandlin Branch neighborhood. Here is today’s list of the best values for South Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
108 Gunderson Ln108 Gunderson Ln1BR,1BA$0.27
1304 Buckingham Rd1304 Buckingham Rd1BR,1BA$0.22
729 Moonbeam Dr729 Moonbeam Dr1BR,1BA$0.26
6827 Glacis Ct6827 Glacis Ct1BR,1BA$0.25
1513 Tawny View Ln1513 Tawny View Ln1BR,1BA$0.31
8627 Macedonia Lake Dr8627 Macedonia Lake Dr1BR,1BA$0.39
3320 Slippery Elm Dr3320 Slippery Elm Dr1BR,1BA$0.32
Room in Townhome on Abbots Ml DrRoom in Townhome on Abbots Ml Dr1BR,1BA$0.39
5600 Preveza Pl5600 Preveza Pl1BR,1BA$0.36
2824 Henslowe Dr2824 Henslowe Dr1BR,1BA$0.34

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Pet Friendly Lifestyle
South Raleigh, Raleigh, NC

Ranked #14

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
South Raleigh, Raleigh, NC

School data provided by Great Schools

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 $650.

What is the price of a cheap apartment in South Raleigh?

The cheapest apartment in South Raleigh is 6827 Glacis Ct which is listed at $625, while the average apartment in South Raleigh costs $2,045.

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 574 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 $908 which is $1,137 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.

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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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.

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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.