Cheap Apartments for Rent in the University Neighborhood of Raleigh, NC from $600 (83 Rentals)

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

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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property at 118-120 Bart St

118-120 Bart St

RaleighNC27610
Showing Results 1-50, Page 1 of 2

University, Raleigh, NC Local Guide

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 ListingModel NameBed/BathPriced From
Pullen Station LoftsStudioStudio,1BA$950
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
The Kenton Apartments1BR/1.0BA1BR,1BA$1,050
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$1,112
Skyhouse RaleighS1Studio,1BA$1,169
Shamrock ApartmentsOne Bedroom1BR,1BA$1,199
The Acorn on Person StreetLeeStudio,1BA$1,255
Link Apartments® Glenwood SouthS1Studio,1BA$1,257
The SignalS1Studio,1BA$1,274
The LincolnThe Hub StudioStudio,1BA$1,280

Best Value Apartments for Rent in University, NC

As of March 25, 2025 the best value apartment in the University area is the $0.49 price per square foot 218 Heck St Model at 218 Heck St in the in the Blount Street neighborhood starting from $825. The second greatest value University apartment is the 4 Bed, 4 Bath Plus Model at Yugo Raleigh Logan starting at $1,179 with a $0.88 price per square foot in the Cameron Park 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.
218 Heck St218 Heck St1BR,1BA$0.49
Yugo Raleigh Logan4 Bed, 4 Bath Plus4BR,4BA$0.88
2923 Okelly St2923 Okelly St1BR,1BA$0.53
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Parkside at Five PointsPS 2x1.52BR,1.5BA$1.26
Room in Condo on Myron DrRoom in Condo on Myron Dr1BR,1BA$0.95
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1.38
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89
Parkwood Village Apartments1 Bedroom1BR,1BA$1.24
The GroveB12BR,2BA$1.38

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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 $1,287 at Grand Arbor Reserve Apartment Homes.

What is the most affordable University Three Bedroom Apartment?

The best deal on a cheap University Three Bedroom Apartment rental is at Grand Arbor Reserve Apartment Homes and starts from $1,583.

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

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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

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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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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

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