Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (16 Rentals)

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Search the lowest-cost Homes 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

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Raleigh, NC is a 1 Bed unit found at 2923 Okelly St priced from $695. 218 Heck St has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here are the most affordable University apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
2923 Okelly St2923 Okelly St1BR,1BA$695
218 Heck St218 Heck St1BR,1BA$825
Pullen Station LoftsStudioStudio,1BA$950
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
The Kenton Apartments1BR/1.0BA1BR,1BA$1,050

Best Value Apartments for Rent in University, NC

As of March 24, 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

Frequently Asked Questions about University

What type of rentals are currently available in University?

There are currently 407 Apartments for Rent in University, NC with pricing that ranges from $950 to $8,972. There are also 63 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $635 to $4,895.

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 $4,895 with an average monthly rent of $2,445.

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 $1,059 to $7,983, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,499 to $3,800. Four Bedroom Single-Family rentals are also available starting from $635 and Four Bedroom Apartments start at $955.

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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