Cheap Apartments for Rent in the University Neighborhood of Charlotte, NC from $400 (88 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University area of Charlotte.

Charlotte's Best Affordable Neighborhoods

Learn about Charlotte and the best places to live with original content written by our Charlotte, NC Local Expert Carrie Catalano!

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University, Charlotte, NC Local Guide

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Charlotte, NC is a 1 Bed unit found at 2427 Red Birch Dr priced from $670. 9214 Walnut Hill Rd NW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here are the most affordable University apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
2427 Red Birch Dr2427 Red Birch Dr1BR,1BA$670
9214 Walnut Hill Rd NW9214 Walnut Hill Rd NW1BR,1BA$700
531 Lex Dr531 Lex Dr1BR,1BA$730
1350 Hathshire Dr1350 Hathshire Dr1BR,1BA$750
15128 Scoter St15128 Scoter St1BR,1BA$800
10559 Bunclody Dr10559 Bunclody Dr1BR,1BA$815
204 Tom Hunter Rd204 Tom Hunter Rd1BR,1BA$820

Best Value Apartments for Rent in University, NC

As of April 06, 2025 the best value apartment in the University area is the $1.07 price per square foot Newman Model at Smith Farms in the in the Highland Creek neighborhood starting from $2,323. The second greatest value University apartment is the 2 Bedroom Model at Spire Apartments starting at $1,649 with a $1.02 price per square foot in the Back Creek Downs neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Smith FarmsNewman4BR,3.5BA$1.07
Spire Apartments2 Bedroom2BR,2BA$1.02
Ashley Court ApartmentsCameron (C1)3BR,2.5BA$1.25
Aspen Heights University CityBoulder4BR,4BA$0.65
The Union Student LivingC33BR,3BA$0.59
Cheshire Chase ApartmentsThree Bedroom3BR,2BA$1.23
Bridges at Mallard Creek Apartment HomesB12BR,2BA$1.18
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.81
Yugo Charlotte College Downs2 Bed, 2 Bath Classic2BR,2BA$1.11
Millennium OneB12BR,2BA$1.14

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Pet Friendly Lifestyle
University, Charlotte, NC

Ranked #10

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

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
University, Charlotte, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental search system called 'Lifestyle ratings', composed of neighborhoods, cities, and rental properties across North Carolina, including Charlotte. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and easy access to the parks, features that make it easier to raise kids, raising pets, transit options, and how walkable or bikeable each community and area is. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap University Apartments

What is a cheap apartment in University?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $820.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Brightside Apartments which is listed at $963, while the average apartment in University costs $2,019.

What types of apartments are the cheapest in University?

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 147 regular apartments in University 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 University?

Cheap apartments in University have an average cost of $590 which is $1,429 cheaper than the average rent for all rentals in University.

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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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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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.