Cheap Apartments for Rent in the University Neighborhood of Charlotte, NC from $425 (121 Rentals)

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

property at 11006 Diploma Dr
$600

Total Monthly Price

Base Rent$600
Total Monthly Price$600
4 Bedroom, 4 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

11006 Diploma Dr, Unit H

11006 Diploma Dr
CharlotteNC28262

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property at 6527 White Pine Ln
$800

Total Monthly Price

Base Rent$800
Total Monthly Price$800
1 Bedroom, 1 Bath Home for Rent
Available Oct 31
Cost Per Sq.Ft.

6527 White Pine Ln

CharlotteNC28262
property at 2016 Teresa Jill Dr
$800

Total Monthly Price

Base Rent$800
Total Monthly Price$800
Studio, 1 Bath Home for Rent
Available Now
Furnished

2016 Teresa Jill Dr

CharlotteNC28213

Your Local Expert's Guide to Top Neighborhoods to Rent Near Charlotte's Big Four Employers

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Charlotte's Best Affordable Neighborhoods

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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 Woodland Hollow priced from $800. Somerset Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $869. Here are the most affordable University apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Woodland HollowThe Aspen1BR, 1BA$800
Somerset ApartmentsSTUDIO ONE BATHStudio, 1BA$869
Vivo Living Charlotte UniversityClassic StudioStudio, 1BA$879
Hunters PointeOne Bedroom Garden1BR, 1BA$896
TOWNES AT UNIVERSITYAlexander1BR, 1BA$950
Pavilion at UCStudio Standard - Call For AvailabilityStudio, 1BA$950
Flats at 87TenThe MintStudio, 1BA$950
Crossing at Reedy CreekStudio Standard - Call For AvailabilityStudio, 1BA$975
Cedar Greene ApartmentsCedar Greene1BR, 1BA$975
Vivo Living Charlotte (Tryon)The FitzStudio, 1BA$999

Best Value Apartments for Rent in University, NC

As of September 27, 2026 the best value apartment in the University area is the $1.01 price per square foot 2 Bedroom Model at Spire Apartments in the East Charlotte neighborhood starting from $1,622. The second greatest value University apartment is the D2 Model at The Drake in the East Charlotte neighborhood starting at $835 with a $0.56 price per square foot. 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.
Spire Apartments2 Bedroom2BR, 2BA$1.01
The DrakeD24BR, 4BA$0.56
Conrad at Concord MillsC13BR, 2BA$1.27
Woodland HollowThe Beckham3BR, 1.5BA$1.21
Waterford Hills22B2BR, 2BA$1.24
Cheshire Chase ApartmentsThree Bedroom3BR, 2BA$1.26
Arcadia2BR/2BA - Sycamore - Standard2BR, 2BA$1.21
Avana AveburyAberdeen1BR, 1BA$1.26
Latitude 492 BEDROOM, 2 BATH2BR, 2BA$0.77
TOWNES AT UNIVERSITYAlexander1BR, 1BA$1.26

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Top Neighborhoods Near Charlotte Colleges and Universities

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
University, Charlotte, NC

Ranked #14

Among cities in North Carolina 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 $999.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Woodland Hollow which is listed at $800, while the average apartment in University costs $1,575.

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 134 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 $532 which is $1,043 cheaper than the average rent for all rentals in University.

Expert Rental Resources

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.

Helpful Local Expert Guides

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