Cheap Homes for Rent in Southwest Raleigh Neighborhood of Raleigh, NC from $500 (48 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southwest Raleigh area of Raleigh.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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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.

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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.

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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!

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property at 2712 Stewart Dr

2712 Stewart Dr

RaleighNC27603

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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Showing Results 1-48, Page 1 of 1

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
Arbor Creek11A1BR,1BA$935
Pullen Station LoftsStudioStudio,1BA$950
The Parke at Trinity Apartment HomesA21BR,1BA$992

Best Value Apartments for Rent in Southwest Raleigh, NC

As of May 15, 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?

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Frequently Asked Questions about Southwest Raleigh

What type of rentals are currently available in Southwest Raleigh?

There are currently 524 Apartments for Rent in Southwest Raleigh, NC with pricing that ranges from $585 to $8,470. There are also 117 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Raleigh ranging from $500 to $4,000.

What is the current price range for Rental Homes in Southwest Raleigh?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Raleigh ranges from $500 to $4,000 with an average monthly rent of $1,758.

How much are larger Three and Four Bedroom Rentals in Southwest Raleigh?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Raleigh range from $820 to $8,470, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $3,800. Four Bedroom Single-Family rentals are also available starting from $595 and Four Bedroom Apartments start at $590.

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.

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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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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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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.

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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.