Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (26 Rentals)

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

Cheapest Available University Apartments for Rent

 

The cheapest available apartment rental in the University area of Raleigh, NC is a 1 Bed unit found at Capital Flats & Magnolia Square Apartments priced from $929. Pullen Station Lofts has the second lowest priced unit, which is a Studio apartment currently listed from $950. Here are the most affordable University apartments for rent in Raleigh, NC:

Apartment ListingModel NameBed/BathPriced From
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,1BA$929
Pullen Station LoftsStudioStudio,1BA$950
Pine Knoll ApartmentsStandard Model1BR,1BA$995
Shamrock ApartmentsOne Bedroom1BR,1BA$999
Wedgwood ApartmentsShamrock 1x11BR,1BA$999
The GroveA1 - The Grove1BR,1BA$1,021
The Kenton Apartments1BR/1.0BA1BR,1BA$1,050
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1,090
Parkside at DavieStandard1BR,1BA$1,100
Skyhouse RaleighS5Studio,1BA$1,148

Best Value Apartments for Rent in University, NC

As of September 15, 2025 the best value apartment in the University area is the $1.43 price per square foot 2 Bed #310 Model at 618 N Boylan Ave in the in the Blount Street neighborhood starting from $2,235. The second greatest value University apartment is the 815 W Johnson St Model at 815 W Johnson St, Unit 815 starting at $1,650 with a $1.14 price per square foot in the Blount Street neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
618 N Boylan Ave2 Bed #3102BR,2.5BA$1.43
815 W Johnson St, Unit 815815 W Johnson St2BR,1BA$1.14
Capital Apartments2012BR,1BA$1.40
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Grand Arbor Reserve Apartment HomesCompton (C1)3BR,2BA$1.21
1512CV2BR/2.0BA2BR,2BA$1.23
The Mordecai on Clover2 BR 1.5 BA TOWNHOME2BR,1.5BA$1.24
Yugo Raleigh Logan2 Bed, 2 Bath Corner2BR,2BA$1.32
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89
The GroveB12BR,2BA$1.43

Frequently Asked Questions about University

What type of rentals are currently available in University?

There are currently 406 Apartments for Rent in University, NC with pricing that ranges from $936 to $18,571. There are also 94 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $625 to $6,800.

What is the current price range for Rental Homes in University?

Today's rental pricing for Homes for Rent, Condos and Townhomes in University ranges from $625 to $6,800 with an average monthly rent of $2,616.

How much are larger Three and Four Bedroom Rentals in University?

For those who are looking for larger living arrangements, Three Bedroom Apartments in University range from $981 to $18,571, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $999.

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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