Cheap Apartments for Rent in the University Suites Neighborhood of Raleigh, NC from $400 (31 Rentals)

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

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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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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1820 at Centennial
3 to 4 Bedroom Apartments

1820 at Centennial

1820 Trailwood DrRaleigh, NC 27606
Student Housing
  • Utilities Included
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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
  • Utilities Included
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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 4 Beds unit found at 1820 at Centennial priced from $900. The Retreat at Lake Johnson Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $967. Here are the most affordable University Suites apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
1820 at Centennial4x44BR,4BA$900
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$967
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,022
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
Pine Knoll ApartmentsStandard Model1BR,1BA$1,095
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,149
Bell Jones FranklinA1A1BR,1BA$1,180

Best Value Apartments for Rent in University Suites, NC

As of June 20, 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 $1,349 with a $1.03 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$1.03
Welcome to our luxurious apartment communityRented by the bedroom including utilities. Clos...4BR,4BA$0.67
Campus Edge3x3 Platinum3BR,3BA$0.72
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.67
Centennial Ridge Student Housing3x33BR,3BA$0.67
1820 at Centennial3x33BR,3BA$0.84
Village Green Student Housing2BD/2BA2BR,2BA$1.06
Campus Crossings at Raleigh2 Bedroom 2 Bathroom2BR,2BA$0.95

Quick Rent Budget Calculator

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Pet Friendly Lifestyle
University Suites, Raleigh, NC

Ranked #123

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

How much is rent for a Cheap One Bedroom University Suites Apartment?

The lowest price for a Cheap One Bedroom University Suites Apartment is $967 at The Retreat at Lake Johnson Apartments.

What is the lowest price for a Cheap Two Bedroom University Suites Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University Suites is starting from $1,149 at Walnut Creek Apartments.

What is the most affordable University Suites Three Bedroom Apartment?

The best deal on a cheap University Suites Three Bedroom Apartment rental is at 1820 at Centennial and starts from $970.

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.