Room in Condo on Carlton Ave
1120 Carlton Ave
RaleighNC27606
Cheap Apartments for Rent in the University Neighborhood of Raleigh, NC from $625 (157 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Raleigh.
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$625
Total Monthly Price
Base Rent$625
Total Monthly Price$625
1500 Graduate Ln, Unit 1500
1500 Graduate LnRaleigh, NC 27606
1110 Carlton Ave, Unit 1110 Carlton Ave 101
1110 Carlton Ave
RaleighNC27606
Room in House on Okelly St
2923 Okelly St
RaleighNC27607
1511 Graduate Ln, Unit 103
1511 Graduate Ln
RaleighNC27606
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$799 - $1,599Studio to 4 Bedroom Apartments Available Now
Hub Raleigh
111 Cox AveRaleigh, NC 27605
Room in House on Heck St
218 Heck St
RaleighNC27601
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$850 - $1,1251 Bedroom Apartments Available Now
The Kenton Apartments
1309-1325 Kent RdRaleigh, NC 27606
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Rent Specials
$8951 Bedroom Apartments Available Now
Woodall Apartments
1400-1402 Gorman StRaleigh, NC 27606
1402 Gorman St
RaleighNC27606
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407 Chamberlain St
RaleighNC27607
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Rent Specials
$9492 Bedroom Apartments Available Now
Leonard Apartments
3005 Leonard StRaleigh, NC 27607
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$950Studio Apartments Available Now
Pullen Station Lofts
211 Ashe AveRaleigh, NC 27605
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$975 - $1,1751 to 2 Bedroom Apartments Contact Us For Availability
Parkwood Village Apartments
2729-A Conifer DrRaleigh, NC 27606
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$989 - $1,819
Total Monthly Price
Base Rent$989 - $1,819
Total Monthly Price$989 - $1,819
Wedgwood Apartments
740 Smallwood DrRaleigh, NC 27605
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$994 - $2,7121 to 3 Bedroom Apartments Available Now
The Grove
3926 Marcom StRaleigh, NC 27606
4130 Western Blvd
RaleighNC27606
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$1,065 - $1,2951 to 2 Bedroom Apartments Contact Us For Availability
3116 Hillsborough
3116 Hillsborough StRaleigh, NC 27607
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$1,092 - $1,8242 to 3 Bedroom Apartments Available Now
Grand Arbor Reserve Apartment Homes
2419 Wycliff RdRaleigh, NC 27607
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$1,0951 Bedroom Apartments Available Now
Pine Knoll Apartments
2435-2509 Avent Ferry RdRaleigh, NC 27606
Rent According to Income: A Look at Income-Restricted Rentals
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$1,099 - $1,4291 to 2 Bedroom Apartments Contact Us For Availability
Spanish Trace Apartments
3000-3030 Spanish CtRaleigh, NC 27607
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Rent Specials
$1,099 - $1,599Studio to 2 Bedroom Apartments Available Now
Brookside Apartments
1406 Brookside DrRaleigh, NC 27604
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$1,1502 Bedroom Apartments Available Now
Rhyne's Gate Apartments
1110 McKimmon View CtRaleigh, NC 27606
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$1,170 - $6,244Studio to 3 Bedroom Apartments Available Now
The Apartments at St. Mary's
600 St. Mary's StRaleigh, NC 27605
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$1,180 - $1,9051 to 2 Bedroom Apartments Available Now
Anderson Hills
231 Calibre Chase DrRaleigh, NC 27609
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$1,194 - $5,234Studio to 2 Bedroom Apartments Available Now
The Edison Lofts Apartments
131 E Davie StRaleigh, NC 27601
801 Devereux St
RaleighNC27605
3708 Lexington Dr
RaleighNC27606
3206 Ruffin St
RaleighNC27607
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$1,205 - $1,8631 to 2 Bedroom Apartments Available Now
Historic Boylan Apartments
817 Hillsborough StRaleigh, NC 27603
Discover Terrific Apartment Opportunities Near Raleigh’s Largest Employers
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$1,218 - $4,028
Total Monthly Price
Base Rent$1,218 - $4,028
Total Monthly PriceVaries
SkyHouse Raleigh
308 S Blount StRaleigh, NC 27601
815 Clay St
RaleighNC27605
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$1,241 - $4,693
Total Monthly Price
Base Rent$1,241 - $4,693
Total Monthly PriceVaries
The Signal
721 Halifax StRaleigh, NC 27604
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$1,249 - $2,222Studio to 5 Bedroom Apartments Available Aug 1, 2027
Signature at Varsity
1400 Crest RdRaleigh, NC 27606
2900 Ligon St
RaleighNC27607
8 St Marys St
RaleighNC27605
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$1,271 - $2,967Studio to 2 Bedroom Apartments Available Now
Forge at Raleigh Iron Works
2221 Iron Works DrRaleigh, NC 27604
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$1,275 - $1,3991 Bedroom Apartments Available Now
The Shelton at Cameron Court
20 Mayo StRaleigh, NC 27603
211 Hudson St
RaleighNC27608
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$1,299 - $2,812
Total Monthly Price
Base Rent$1,299 - $2,812
Total Monthly PriceVaries
Elan City Center
510 N Wilmington StRaleigh, NC 27604
Raleigh's Best Affordable Neighborhoods
Learn about Raleigh and the best places to live with original content written by our , Local Expert Chris Munier
2100 Ruark Ct
RaleighNC27608
505 Freeman St
RaleighNC27601
2905 Wade Ave
RaleighNC27607
2112 Ruark Ct
RaleighNC27608
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$1,312 - $2,652
Total Monthly Price
Base Rent$1,312 - $2,652
Total Monthly PriceVaries
The Lincoln
408 E Hargett StRaleigh, NC 27601
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$1,321 - $2,4001 to 3 Bedroom Apartments Available Now
927 West Morgan
927 W Morgan StRaleigh, NC 27603
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$1,324 - $6,377Studio to 2 Bedroom Apartments Available Now
Village District
2128 Clark AveRaleigh, NC 27605
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$1,328 - $2,413Studio to 2 Bedroom Apartments Available Sep 10
MAA Hue
300 W Hargett StRaleigh, NC 27601
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$1,343 - $7,068Studio to 3 Bedroom Apartments Available Now
Chester Hills
1331 Chester AveRaleigh, NC 27608
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$1,349 - $3,364
Total Monthly Price
Base Rent$1,349 - $3,364
Total Monthly PriceVaries
The Point
605 Halifax StRaleigh, NC 27604
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Showing Results 1-50, Page 1 of 4
University, Raleigh, NC Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent an apartment in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Studio Apartments | $1,511 | $950 | $2,139 |
| University 1 Bedroom Apartments | $1,762 | $799 | $3,127 |
| University 2 Bedroom Apartments | $2,258 | $799 | $4,807 |
| University 3 Bedroom Apartments | $1,991 | $799 | $6,232 |
| University 4 Bedroom Apartments | $1,180 | $625 | $3,650 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 157 rentals with your search options within a 2 mile radius of the University Neighborhood of Raleigh, NC.
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University, Raleigh, NC Local Guide
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Cheapest Available University Apartments for Rent
The cheapest available apartment rental in the University area of Raleigh, NC is a 4 Beds unit found at Friendly105 Apartments priced from $625. Hub Raleigh has the second lowest priced unit, which is a 4 Beds apartment currently listed from $799. Here are the most affordable University apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Friendly105 Apartments | LIMITED TIME, FREE MONTH SIGN BY 7/31! Fully Fu... | 4BR,4BA | $625 |
| Hub Raleigh | 4x2 Pod | 4BR,2BA | $799 |
| Stanhope | 2x2 Shared | 2BR,2BA | $845 |
| The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $850 |
| Woodall Apartments | 1402-K | 1BR,1BA | $895 |
| Leonard Apartments | 2 Bedroom | 2BR,1BA | $949 |
| Pullen Station Lofts | Studio | Studio,1BA | $950 |
| Wedgwood Apartments | Raleigh Efficiency | Studio,1BA | $989 |
| The Grove | A1 - The Grove | 1BR,1BA | $994 |
Best Value Apartments for Rent in University, NC
As of September 07, 2026 the best value apartment in the University area is the $0.95 price per square foot 3BR/2.5BA Model at 2357 in the in the Grove Park neighborhood starting from $1,795. The second greatest value University apartment is the 4x4.5 Model at Redfield Villages starting at $899 with a $0.48 price per square foot in the Grove Park 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. |
|---|---|---|---|
| 2357 | 3BR/2.5BA | 3BR,2.5BA | $0.95 |
| Redfield Villages | 4x4.5 | 4BR,4.5BA | $0.48 |
| Method Townhomes | 3BD / 3.5BA Townhome | 3BR,3.5BA | $0.51 |
| 1500 Graduate Ln, Unit 1500 | 1500 Graduate Ln | 4BR,4BA | $0.48 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.49 |
| Signature 1505 | B6 | 2BR,2BA | $1.03 |
| The Hillsborough | 2 Bed 2 Bath Unfurnished | 2BR,2BA | $1.04 |
| 1512CV | 2BR/2.0BA | 2BR,2BA | $1.14 |
| The Royal Oaks Townhouses | 2BR/1.5BA | 2BR,1.5BA | $1.19 |
| Rhyne's Gate Apartments | Standard Model | 2BR,2BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleTop 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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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.
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Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, cities, and rental properties across North Carolina including University, 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 the best proximity to parks and outdoor amenities, transit availability, pet-friendly communities, family-friendly amenities, in addition to floorplans, availablity, and pricing. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap University Apartments
What is a cheap apartment in University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $994.
What is the price of a cheap apartment in University?
The cheapest apartment in University is The Kenton Apartments which is listed at $850, while the average apartment in University costs $1,696.
What types of apartments are the cheapest in University?
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 116 regular apartments in University 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?
Cheap apartments in University have an average cost of $641 which is $1,055 cheaper than the average rent for all rentals in University.
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.
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