Cheap Apartments for Rent in the Southwest Raleigh Neighborhood of Raleigh, NC from $400 (130 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Cheap Apartments in the Southwest Raleigh area of Raleigh.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

Southwest Raleigh - One of the Best Affordable Neighborhoods in Raleigh

Named as one of the Best Affordable Neighborhoods to rent in Raleigh by our , Local Expert Chris Munier. See how it ranks!

Raleigh's Best Affordable Neighborhoods

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

Southwest Raleigh, Raleigh, NC Local Guide

Cheapest Available Southwest Raleigh Apartments for Rent

 

The cheapest available apartment rental in the Southwest Raleigh area of Raleigh, NC is a 4 Beds unit found at The Wilde priced from $735. Westgrove Tower Condominiums has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Southwest Raleigh apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The WildeD14BR,4BA$735
Westgrove Tower CondominiumsS1Studio,1BA$895
1820 at Centennial4x44BR,4BA$900
Pullen Station LoftsStudioStudio,1BA$950
The Parke at Trinity Apartment HomesA21BR,1BA$992
Arbor Creek11BR1BR,1BA$1,005

Best Value Apartments for Rent in Southwest Raleigh, NC

As of May 07, 2025 the best value apartment in the Southwest Raleigh area is the $0.55 price per square foot 5x5 Loft Private Access Model at Paloma Raleigh in the in the Roylene Acres neighborhood starting from $959. The second greatest value Southwest Raleigh apartment is the 4x4 Model at University Village at 2505 starting at $775 with a $0.53 price per square foot in the University Suites neighborhood. Here is today’s list of the best values for Southwest Raleigh apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Paloma Raleigh5x5 Loft Private Access5BR,5BA$0.55
University Village at 25054x44BR,4BA$0.53
Yugo Raleigh Logan4 Bed, 4 Bath Plus4BR,4BA$0.88
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
1430 Collegeview Ave, Unit University Glen1430 Collegeview Ave4BR,4BA$0.47
Centennial Ridge Student Housing3x33BR,3BA$0.58
Centennial Village Student Housing3x33BR,3BA$0.58
1251 University Ct, Unit 11251 University Ct1BR,1BA$0.67
1820 at Centennial3x33BR,3BA$0.84
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Southwest Raleigh, Raleigh, NC

Ranked #4

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

decorative image of woman handing cat to small boy

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals and neighborhoods across the USA, including Southwest 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 searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Getting Around the Southwest Raleigh Neighborhood in Raleigh, NC

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

43 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

33 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Southwest Raleigh Apartments

What is a cheap apartment in Southwest Raleigh?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Southwest Raleigh is under $1,005.

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

The cheapest apartment in Southwest Raleigh is The Parke at Trinity Apartment Homes which is listed at $945, while the average apartment in Southwest Raleigh costs $3,750.

What types of apartments are the cheapest in Southwest 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 81 regular apartments in Southwest 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 Southwest Raleigh?

Cheap apartments in Southwest Raleigh have an average cost of $562 which is $3,188 cheaper than the average rent for all rentals in Southwest 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.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

decorative image for Rise of Digital Nomads: Remote Work Tips for Apartment Renters article

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.