
Cheap Homes for Rent in University Neighborhood of Charlotte, NC from $400 (36 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Charlotte.


9543 University Terrace Dr

9523 University Terrace Dr, Unit M

9523 University Terrace Dr, Unit M

Room in House on Flint Glenn Ln

Room in House on Gala Ln

Room in Townhome on Walnut Hl Rd NW

9749 Campus Walk Ln, Unit Campus Walk, Unit Campus Walk

Room in Townhome on Lex Dr
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Room in Townhome on Reeves St

Room in House on Grace Ln

Room in House on Hampton Pl Dr

10510 Plantain Ct

Room in Townhome on Scoter St

10510 Plantain Ct

10510 Plantain Ct

1335 Farmfield Ln

2010 Dembrigh Ln
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.

Room in Townhome on Reeves St

Room in Townhome on Bunclody Dr

8205 Knollwood Cir

13416 Alpine Dr, Unit Alpine House

Room in Townhome on Walnut Hill Rd NW

Room in House on Arbor Vista Dr

Room in House on Red Birch Dr

7737 Batavia Ln

Room in House on Clairwood Dr
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.

13443 Main Dr

Room in Townhome on Munsing Dr

5242 Nevin Rd, Unit 5221-C

342 Orchard Trace Ln

325 Orchard Trace Ln, Unit 326-7

301 Orchard Trace Ln

326 Orchard Trace Ln

1305 Hunter Oaks Ln, Unit 114

Room in Condo on Donatello Avenue
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.
University, Charlotte, 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 | $1,899 | $975 | $4,800 |
| University 3 Bedroom Homes for Rent | $2,020 | $650 | $3,950 |
| University 4 Bedroom Homes for Rent | $2,362 | $500 | $3,500 |
| University 5 Bedroom Homes for Rent | $2,859 | $2,449 | $3,700 |
| University 6 Bedroom Homes for Rent | $3,945 | $3,090 | $4,800 |
Browse Homes for Rent in this Neighborhood
There are currently 36 rentals with your search options within a 2 mile radius of the University Neighborhood of Charlotte, NC.
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University, Charlotte, NC Local Guide
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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 Commons at University Square priced from $857. Wexford Apartment Homes has the second lowest priced unit, which is a Studio apartment currently listed from $860. Here are the most affordable University apartments for rent in Charlotte, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Commons at University Square | A1 | 1BR,1BA | $857 |
| Wexford Apartment Homes | Studio | Studio,1BA | $860 |
| Cedar Greene Apartments | Classic Garden | 1BR,1BA | $899 |
| Hunters Pointe | One Bedroom Garden | 1BR,1BA | $911 |
| Pavilion at UC | Studio Standard - Call For Availability | Studio,1BA | $925 |
| The Charlie | S1 | Studio,1BA | $930 |
| Somerset Apartments | STUDIO ONE BATH | Studio,1BA | $941 |
| The Spoke at McCullough Station | The Hendrick (S1) | Studio,1BA | $959 |
| Crossing at Reedy Creek | Studio Standard - Call For Availability | Studio,1BA | $975 |
Best Value Apartments for Rent in University, NC
As of May 22, 2026 the best value apartment in the University area is the $1.20 price per square foot 11286 Hyde Pointe Ct Model at 11286 Hyde Pointe Ct in the in the University City neighborhood starting from $1,750. The second greatest value University apartment is the D1A Model at The Drake starting at $830 with a $0.58 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 11286 Hyde Pointe Ct | 11286 Hyde Pointe Ct | 3BR,2BA | $1.20 |
| The Drake | D1A | 4BR,4BA | $0.58 |
| Arcadia | 4BR/4BA - Dogwood - Standard | 4BR,4BA | $0.62 |
| Junction 49 | 4BR/4BA - D1 | 4BR,4BA | $0.62 |
| 9523 University Terrace Dr, Unit Apt M University terrace | 9523 University Terrace Dr | 4BR,2BA | $0.46 |
| Hyde Glen Apartments | 2BR/2.0BA | 2BR,2BA | $1.21 |
| Ashley Court Apartments | Ashley (A1) | 1BR,1.5BA | $1.21 |
| Maple Run | The Montford | 2BR,1.5BA | $1.17 |
| Latitude 49 | 2 BEDROOM, 2 BATH | 2BR,2BA | $0.87 |
| The Grayson Apartment Homes | The Birkdale (A1) | 1BR,1BA | $1.26 |
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.
Read ArticleTop 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
Read ArticleReal 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.
Read ArticleQuick 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.
Pet Friendly LifestyleUniversity, Charlotte, NC
Ranked #14
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in University, Charlotte, NC
School data provided by Great Schools
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 272 Apartments for Rent in University, NC with pricing that ranges from $500 to $11,376. There are also 518 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $450 to $4,800.
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 $450 to $4,800 with an average monthly rent of $2,327.
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 $740 to $11,376, while Three Bedroom Homes, Condos, and Townhomes for rent range from $650 to $3,950. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $500.
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

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.

Experts Guide to the Top Neighborhoods in Charlotte, NC for College Renters
Written by: Carrie Catalano
I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, North Carolina. Charlotte is an exciting place to live for anyone, but particularly for college students.

Your Local Experts Guide to Top Neighborhoods to Rent Near Charlottes Big Four Employers
Written by: Carrie Catalano
I'm Carrie, and I've been calling the Charlotte area home for a few years now.

Authentic Charlotte: An Insider's Guide to the Queen Citys Neighborhoods and Quirks
Written by: Carrie Catalano
Hello from Charlotte, North Carolina! I'm Carrie, your ApartmentHomeLiving.com Local Expert for Charlotte, and I'm thrilled to share the inside scoop on this incredible city that I've called home for over a decade.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.