Cheap Apartments for Rent in the University Suites Neighborhood of Raleigh, NC from $400 (35 Rentals)

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

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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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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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Penwood Apartments
2 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

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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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
  • Utilities Included
Showing Results 1-35, Page 1 of 1

University Suites, Raleigh, NC Local Guide

Cheapest Available University Suites Apartments for Rent

 

The cheapest available apartment rental in the University Suites area of Raleigh, NC is a 1 Bed unit found at Pine Knoll Apartments priced from $995. Trailwood Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,037. Here are the most affordable University Suites apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Pine Knoll ApartmentsStandard Model1BR,1BA$995
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,037
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,149
Bell Jones FranklinA1A1BR,1BA$1,250
Remington PlaceFairfield I1BR,1BA$1,294
Tryon Village2 Bedroom Townhome2BR,1BA$1,349

Best Value Apartments for Rent in University Suites, NC

As of July 14, 2025 the best value apartment in the University Suites area is the $0.56 price per square foot 4x4 Model at University Village at 2505 in the in the University Suites neighborhood starting from $815. The second greatest value University Suites apartment is the Three Bedroom Townhome Model at Orchard Pointe starting at $1,676 with a $1.28 price per square foot in the University Suites neighborhood. Here is today’s list of the best values for University Suites apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
University Village at 25054x44BR,4BA$0.56
Orchard PointeThree Bedroom Townhome3BR,2BA$1.28
Welcome to our luxurious apartment communityRented by the bedroom including utilities. Clos...4BR,4BA$0.67
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.62
Centennial Ridge Student Housing3x33BR,3BA$0.62
1820 at Centennial3x33BR,3BA$0.84
Village Green Student Housing2BD/2BA2BR,2BA$1.06
Campus Crossings at Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.95
Parkwood Village Apartments1 Bedroom1BR,1BA$1.24

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Pet Friendly Lifestyle
University Suites, Raleigh, NC

Ranked #112

Among neighborhoods in Raleigh, NC for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
University Suites, Raleigh, NC

School data provided by Great Schools

Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals and neighborhoods across the USA, including University Suites, Raleigh, and the greater Raleigh area. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including searching for the best amenities, and convenient access to the outdoors, transit availability, pet-friendly communities, places that make kids happy, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap University Suites Apartments

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

The cheapest apartment in University Suites is Pine Knoll Apartments which is listed at $995, while the average apartment in University Suites costs $1,795.

What types of apartments are the cheapest in University Suites?

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 23 regular apartments in University Suites 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 Suites?

Cheap apartments in University Suites have an average cost of $385 which is $1,410 cheaper than the average rent for all rentals in University Suites.

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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A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Raleigh

Written by: Chris Munier

Raleigh offers not only an exciting urban environment, the centerpiece of a thriving metro area, but it’s also affordable. That is, assuming you know where to rent.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.