
Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Raleigh.


1501 Graduate Ln

1140 Carlton Ave, Unit 102

Room in House on Okelly St
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.

Room in Condo on Myron Dr

3520 Ivy Commons Dr

3530 Ivy Commons Dr

3513 Ivy Commons Dr
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.

3510 Ivy Commons Dr

3517 Ivy Commons Dr

528 Wade Ave, Unit A

3533 Ivy Commons Dr
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.

209 E Peace St

214 Elm St

1220 Gorman St

2216 Myron Dr
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier

4326 Halliwell Dr

2061 Trexler Ct
University, Raleigh, NC Local Guide

How much does it cost to rent a home in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University 2 Bedroom Homes for Rent | $2,339 | $1,250 | $3,595 |
University 3 Bedroom Homes for Rent | $2,499 | $1,550 | $3,800 |
University 4 Bedroom Homes for Rent | $2,848 | $635 | $4,000 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the University Neighborhood of Raleigh, NC.
Explore Raleigh
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 Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
The Grove | A1 - The Mirlen | 1BR,1BA | $1,055 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,125 |
Best Value Apartments for Rent in University, NC
As of May 14, 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 201 Model at Capital Apartments starting at $1,899 with a $1.48 price per square foot in the Blount Street 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 |
Capital Apartments | 201 | 2BR,1BA | $1.48 |
Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
1430 Collegeview Ave, Unit University Glen | 1430 Collegeview Ave | 4BR,4BA | $0.47 |
Wedgwood Apartments | 2-2. | 2BR,2BA | $1.54 |
214 Cox Ave, Unit 214.5 Cox Ave | 214 Cox Ave | 2BR,1BA | $1.45 |
Grand Arbor Reserve Apartment Homes | Bradbury 2 (B2) | 2BR,2BA | $1.38 |
Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
701 Brooks Ave, Unit 701 | 701 Brooks Ave | 2BR,1BA | $1.39 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 402 Apartments for Rent in University, NC with pricing that ranges from $590 to $8,045. There are also 61 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $635 to $4,000.
What is the current price range for Rental Homes in University?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $635 to $4,000 with an average monthly rent of $2,064.
How much are larger Three and Four Bedroom Rentals in University?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $999 to $7,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,550 to $3,800. Four Bedroom Single-Family rentals are also available starting from $635 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.

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.

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.

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.

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.