
Cheap Apartments for Rent in the University Neighborhood of Raleigh, NC from $600 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Raleigh.


1120 Carlton Ave

218 Heck St

2300 Myron Dr

3812 Marcom St

Parkwood Village Apartments

The Oakwood Apartments

4128 Western Blvd

Skyhouse Raleigh

Pine Knoll Apartments
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

The Apartments at St. Mary's

1011-1015 Chaney Rd

514 S Boylan Ave

Link Apartments® Glenwood South

Historic Boylan Apartments

8 S St Mary's St

The Acorn on Person Street

Grand Arbor Reserve Apartment Homes

The Edison Lofts Apartments

Anderson Hills

927 West Morgan

The Miles

Peace Raleigh Apartments

Platform

The Marlowe Lake Boone

Brookside Apartments

Elan City Center

Centennial Lofts

The Point

Forge at Raleigh Iron Works

The Signal

The Devon Four25

Oberlin Court Apartments

Anderson Flats

2901 Oberry St

214 Elm St

Alexan Moto

The Maggie

Parkside at Five Points

Spanish Trace Apartments

616 at the Village

Cameron Court Apartments

2304 Van Dyke Ave, Unit 2304
University, Raleigh, NC Local Guide

How much does it cost to rent an apartment in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Studio Apartments | $1,516 | $950 | $3,702 |
University 1 Bedroom Apartments | $1,945 | $775 | $4,035 |
University 2 Bedroom Apartments | $2,715 | $1,169 | $5,827 |
University 3 Bedroom Apartments | $2,901 | $1,059 | $7,515 |
University 4 Bedroom Apartments | $1,058 | $955 | $1,099 |
Browse Apartments in this Neighborhood
There are currently 84 rentals with your search options within a 2 mile radius of the University Neighborhood of Raleigh, NC.
See all Apartments in RaleighExplore Raleigh
University, Raleigh, NC Local Guide
- Nearby Raleigh neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Raleigh, NC is a Studio unit found at Pullen Station Lofts priced from $950. Parkwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable University apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pullen Station Lofts | Studio | Studio,1BA | $950 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
The Oakwood Apartments | 1BR/1.0BA | 1BR,1BA | $1,095 |
Skyhouse Raleigh | S4 | Studio,1BA | $1,114 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,115 |
The Grove | B1 | 2BR,2BA | $1,170 |
511 Faye | Studio 07 | Studio,1BA | $1,237 |
MAA Hue | Yellow | Studio,1BA | $1,243 |
The Acorn on Person Street | Lee | Studio,1BA | $1,255 |
The Lincoln | The Hub Studio | Studio,1BA | $1,255 |
Best Value Apartments for Rent in University, NC
As of February 27, 2025 the best value apartment in the University area is the $0.88 price per square foot 4 Bed, 4 Bath Plus Model at Yugo Raleigh Logan in the in the Cameron Park neighborhood starting from $1,179. The second greatest value University apartment is the 1 bd and 1 bath Student Model at Student Housing - Gorman Parkwood starting at $585 with a $0.46 price per square foot in the Lakeside neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Yugo Raleigh Logan | 4 Bed, 4 Bath Plus | 4BR,4BA | $0.88 |
Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.46 |
Parkside at Five Points | PS 2x1.5 | 2BR,1.5BA | $1.26 |
Wedgwood Apartments | 2-2. | 2BR,2BA | $1.51 |
Grand Arbor Reserve Apartment Homes | Bradbury 3 (B3) | 2BR,1BA | $1.37 |
Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
1512CV | 2BR/2.0BA | 2BR,2BA | $1.51 |
Spanish Trace Apartments | 2 Bed 2 Bath with Washer/Dryer - Deluxe | 2BR,2BA | $1.55 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
The Grove | B1 | 2BR,2BA | $1.38 |
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.
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina including University, 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 the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Getting Around the University Neighborhood in Raleigh, NC
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
71 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
44 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap University Apartments
What is the Cheapest Studio apartment in University?
Currently the most affordable Cheap Studio Apartment in University is at Pullen Station Lofts listed at $950.
How much is rent for a Cheap One Bedroom University Apartment?
The lowest price for a Cheap One Bedroom University Apartment is $1,050 at Parkwood Village Apartments.
What is the lowest price for a Cheap Two Bedroom University Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University is starting from $1,170 at The Grove.
What is the most affordable University Three Bedroom Apartment?
The best deal on a cheap University Three Bedroom Apartment rental is at Wedgwood Apartments and starts from $1,851.
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.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.