Cheap Apartments for Rent in the University Neighborhood of Charlotte, NC from $400 (77 Rentals)

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

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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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.

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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.

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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 Studio unit found at Union at Tryon priced from $498. Walden Station has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here are the most affordable University apartments for rent in Charlotte, NC:

Apartment ListingModel NameBed/BathPriced From
Union at TryonStudio, 1 Bath, 521 Sq. Ft.Studio,1BA$498
Walden Station3 Bedroom Handicap1BR,1BA$800
TOWNES AT UNIVERSITYAlexander1BR,1BA$878
Vivo Living Charlotte UniversitySTDO - StudioStudio,1BA$879
Somerset ApartmentsSTUDIO ONE BATHStudio,1BA$885
Cedar Greene ApartmentsClassic Garden1BR,1BA$899
Pavilion at UCStudio Standard - Call For AvailabilityStudio,1BA$950
Commons at University SquareA11BR,1BA$953
Vivo Living Charlotte (Tryon)FITZ - The FitzStudio,1BA$959
Hunters PointeOne Bedroom Loft1BR,1BA$961

Best Value Apartments for Rent in University, NC

As of January 08, 2026 the best value apartment in the University area is the $1.06 price per square foot 4BR/3.5BA Model at Towns at Rocky River in the in the Back Creek Downs neighborhood starting from $2,350. The second greatest value University apartment is the 2 Bedroom Model at Spire Apartments starting at $1,653 with a $1.02 price per square foot in the Back Creek Downs 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.
Towns at Rocky River4BR/3.5BA4BR,3.5BA$1.06
Spire Apartments2 Bedroom2BR,2BA$1.02
Yugo Charlotte College Downs4 Bed, 4 Bath4BR,4BA$0.51
The BellamyB12BR,2BA$1.20
Arwen VistaBerwyn2BR,2BA$1.06
Elan at Mallard Creek Apartment HomesB12BR,2BA$1.20
Woodland HollowThe Iris2BR,1.5BA$1.11
Bridges at Mallard Creek Apartment HomesB12BR,2BA$1.18
Maple RunThe Montford2BR,1.5BA$1.08
Latitude 492 BEDROOM, 2 BATH2BR,2BA$0.85

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Top Neighborhoods Near Charlotte Colleges and Universities

Learn About the Best Neighborhoods to Rent Near College Campuses in Charlotte, NC | Find Charlotte Off-Campus Student Housing at ApartmentHomeLiving.com

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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.

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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 $961.

What is the price of a cheap apartment in University?

The cheapest apartment in University is Walden Station which is listed at $800, while the average apartment in University costs $1,956.

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 275 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 $519 which is $1,437 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.

Articles, How-To's, and Tips

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The 10 Best Affordable Neighborhoods in Charlotte, NC

Written by: Carrie Catalano

I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. I moved to the Triangle area of North Carolina in the summer of 2024 and have been exploring the state since.

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.