Cheap Apartments for Rent in the University Suites Neighborhood of Raleigh, NC from $600 (30 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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Penwood Apartments
1 to 3 Bedroom Apartments

Penwood Apartments

5401-5445 Penwood DrRaleigh, NC 27606
  • Utilities Included

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Gorman Place
2 to 4 Bedroom Apartments

Gorman Place

1810-1826 Gorman StRaleigh, NC 27606
  • Utilities Included

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 The Retreat at Lake Johnson Apartments priced from $956. Trailwood Crossing Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,073. Here are the most affordable University Suites apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
The Retreat at Lake Johnson ApartmentsA1 - Dahlia1BR,1BA$956
Trailwood Crossing ApartmentsA1 - Bickmore1BR,1BA$1,073
The Summit at Avent Ferry1 Bed 1 Bath Renovated1BR,1BA$1,095
Tryon Village1 Bedroom 1 Bath1BR,1BA$1,106
Centerview at CrossroadsAthens1BR,1BA$1,121
Walnut Creek Apartments2 Bedroom 1 Bathroom Duplex2BR,1BA$1,149
Gorman Crossings2B2BR,1BA$1,155

Best Value Apartments for Rent in University Suites, NC

As of December 03, 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
3770 Pardue Woods Pl, Unit 3013770 Pardue Woods Pl3BR,3BA$0.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Centennial Village Student Housing3x33BR,3BA$0.54
Centennial Ridge Student Housing3x33BR,3BA$0.54
1820 at Centennial3x33BR,3BA$0.79
Ashborough ApartmentsThe Cassat B2.12BR,2BA$1.19
Remington PlaceFairfield II1BR,1BA$1.19
Village Green Student Housing2BD/2BA2BR,2BA$1.02

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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Top Neighborhoods Near Raleigh Colleges and Universities

A Local Experts guide to the Best Student Friendly Neighborhoods Near Colleges in the Raleigh, NC metro area for affordable living. Find your perfect Raleigh Student apartment, condo, or rental home today.

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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 Suites, Raleigh, NC

Ranked #90

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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 The Retreat at Lake Johnson Apartments which is listed at $956, while the average apartment in University Suites costs $1,549.

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 60 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 $515 which is $1,034 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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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!