
Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (18 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Raleigh.


1430 Collegeview Ave

Room in House on Okelly St

1120 Carlton Ave, Unit 104A

Room in Condo on Myron Dr
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.

3513 Ivy Commons Dr

3517 Ivy Commons Dr

813 Daniels St

202 Selwyn Aly, Unit B

202 Selwyn Alley

209 E Peace St
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.

528 Wade Ave, Unit A

214 Elm St

1511 Graduate Ln, Unit 103

1220 Gorman St
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.

132 Faircloth St

2354 Champion Ct
University, Raleigh, NC Local Guide

How much does it cost to rent a home in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University 2 Bedroom Homes for Rent | $2,160 | $1,245 | $3,595 |
University 3 Bedroom Homes for Rent | $2,785 | $1,875 | $3,800 |
University 4 Bedroom Homes for Rent | $3,723 | $3,150 | $3,895 |
Browse Homes for Rent in this Neighborhood
There are currently 18 rentals with your search options within a 2 mile radius of the University Neighborhood of Raleigh, NC.
Explore Raleigh
Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Raleigh, NC is a Studio unit found at Pullen Station Lofts priced from $950. Parkwood Village Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable University apartments for rent in Raleigh, NC:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Pullen Station Lofts | Studio | Studio,1BA | $950 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
The Grove | A1 - The Mirlen | 1BR,1BA | $1,058 |
The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1,100 |
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in University, NC
As of June 10, 2025 the best value apartment in the University area is the $0.79 price per square foot Four Bedrooms Model at Stanhope in the in the Grove Park neighborhood starting from $1,250. The second greatest value University apartment is the 4 Bed, 4 Bath Plus Model at Yugo Raleigh Logan starting at $1,179 with a $0.88 price per square foot in the Cameron 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. |
---|---|---|---|
Stanhope | Four Bedrooms | 4BR,4BA | $0.79 |
Yugo Raleigh Logan | 4 Bed, 4 Bath Plus | 4BR,4BA | $0.88 |
Capital Apartments | 201 | 2BR,1BA | $1.48 |
Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
Parkside at Five Points | PS 2x1.5 | 2BR,1.5BA | $1.26 |
Wedgwood Apartments | 2-2. | 2BR,2BA | $1.51 |
Grand Arbor Reserve Apartment Homes | Bradbury 3 (B3) | 2BR,1BA | $1.40 |
Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
Spanish Trace Apartments | 2 Bed 2 Bath with Washer/Dryer - Deluxe | 2BR,2BA | $1.55 |
Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 400 Apartments for Rent in University, NC with pricing that ranges from $635 to $9,292. There are also 66 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $625 to $3,895.
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 $3,895 with an average monthly rent of $2,250.
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 $999 to $9,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,875 to $3,800. Four Bedroom Single-Family rentals are also available starting from $3,150 and Four Bedroom Apartments start at $635.
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.

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.

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.

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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.