Cheap Apartments for Rent in the University Park Neighborhood of Irvine, CA from $1,400 (47 Rentals)

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

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.

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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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Sofi Irvine
Studio to 2 Bedroom Apartments

Sofi Irvine

2750 Kelvin AveIrvine, CA 92614
  • Utilities Included
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The Royce
Studio to 2 Bedroom Apartments

The Royce

3301 Michelson DrIrvine, CA 92612
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Main Street Village
1 to 3 Bedroom Apartments

Main Street Village

2555 Main StIrvine, CA 92614
Corporate Housing

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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Showing Results 1-47, Page 1 of 1

University Park, Irvine, CA Local Guide

Cheapest Available University Park Apartments for Rent

 

The cheapest available apartment rental in the University Park area of Irvine, CA is a 3 Beds unit found at Parc Derian priced from $2,088. Park West Apartment Homes has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,325. Here are the most affordable University Park apartments for rent in Irvine, CA:

Apartment ListingModel NameBed/BathPriced From
Parc DerianVeteran Unit3BR,2BA$2,088
Park West Apartment HomesPlan 11BR,1BA$2,325
The AltonS3Studio,1BA$2,367
Parkwood Apartment HomesPlan One1BR,1BA$2,380
Woodbridge Villas Apartment HomesPlan Two1BR,1BA$2,415
Harvard Manor1 Bedroom, 1 Bath A1BR,1BA$2,450
Sofi IrvinePlan C1BR,1BA$2,464
San Mateo Apartment HomesPlan CStudio,1BA$2,465
Rancho San Joaquin Apartment HomesPlan 11BR,1BA$2,465
San Marco Villa Apartment HomesPlan A1BR,1BA$2,485

Best Value Apartments for Rent in University Park, CA

As of April 26, 2026 the best value apartment in the University Park area is the $1.72 price per square foot Veteran Unit Model at Parc Derian in the in the Westpark neighborhood starting from $2,088. The second greatest value University Park apartment is the Plan B - townhome Model at Shadow Oaks Apartment Homes starting at $3,850 with a $3.20 price per square foot in the Oak Creek neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Parc DerianVeteran Unit3BR,2BA$1.72
Shadow Oaks Apartment HomesPlan B - townhome2BR,2.5BA$3.20
Main Street VillageMENDOCINO2BR,2BA$3.13
Turtle Rock Vista Apartment HomesPlan 32BR,1BA$2.98
San Marino Villa Apartment HomesPlan B2BR,2BA$2.95
San Remo Villa Apartment HomesPlan 21BR,1BA$2.89
Cedar Creek Apartment HomesPlan 22BR,1BA$3.11
Woodbridge Willows Apartment HomesPlan A1BR,1BA$3.22
Park West Apartment HomesPlan 11BR,1BA$2.92
Parkwood Apartment HomesPlan One1BR,1BA$3.18

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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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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Best Local Schools in
University Park, Irvine, CA

School data provided by Great Schools

Lifestyle Ratings

Our team of engineers and researchers is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including Irvine. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for the best proximity to parks and outdoor amenities, luxury housing options, pet-friendly features, family-friendly amenities, proximity to transit, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Park Apartments

What is a cheap apartment in University Park?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University Park is under $2,485.

What is the price of a cheap apartment in University Park?

The cheapest apartment in University Park is Park West Apartment Homes which is listed at $2,325, while the average apartment in University Park costs $3,895.

What types of apartments are the cheapest in University Park?

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 30 regular apartments in University Park 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 Park?

Cheap apartments in University Park have an average cost of $362 which is $3,533 cheaper than the average rent for all rentals in University Park.

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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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.

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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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.