
Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (26 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Raleigh.


Room in House on Okelly St

Room in Condo on Carlton Ave

3522 Ivy Commons Dr

3512 Ivy Commons Dr

3537 Ivy Commons Dr

3605 Helix Ct

1504 Crest Rd

1504 Crest Rd

528 Wade Ave, Unit A

3305 Bearskin Ct

709 Daniels St

3603 Helix Ct

3817 Lupton Cir

408 Horne St

4119 Kaplan Dr

2502 Avent Ferry Rd

2230 Bernard St

2304 Bernard St

1064 Nichols Dr

1092 Nichols Dr

835 Daniels St

1501 Gorman St

2510 Avent Ferry Rd, Unit #201

2059 Trexler Ct

4 Dixie Trail
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 | $1,795 | $1,200 | $2,895 |
University 3 Bedroom Homes for Rent | $2,593 | $1,650 | $3,500 |
University 4 Bedroom Homes for Rent | $4,923 | $2,400 | $6,800 |
University 5 Bedroom Homes for Rent | $2,350 | $2,350 | $2,350 |
Browse Homes for Rent in this Neighborhood
There are currently 26 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 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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $929 |
Pullen Station Lofts | Studio | Studio,1BA | $950 |
Pine Knoll Apartments | Standard Model | 1BR,1BA | $995 |
Shamrock Apartments | One Bedroom | 1BR,1BA | $999 |
Wedgwood Apartments | Shamrock 1x1 | 1BR,1BA | $999 |
The Grove | A1 - The Grove | 1BR,1BA | $1,021 |
The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1,050 |
Grand Arbor Reserve Apartment Homes | Bradbury 3 (B3) | 2BR,1BA | $1,090 |
Parkside at Davie | Standard | 1BR,1BA | $1,100 |
Skyhouse Raleigh | S5 | Studio,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.43 |
815 W Johnson St, Unit 815 | 815 W Johnson St | 2BR,1BA | $1.14 |
Capital Apartments | 201 | 2BR,1BA | $1.40 |
Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
Grand Arbor Reserve Apartment Homes | Compton (C1) | 3BR,2BA | $1.21 |
1512CV | 2BR/2.0BA | 2BR,2BA | $1.23 |
The Mordecai on Clover | 2 BR 1.5 BA TOWNHOME | 2BR,1.5BA | $1.24 |
Yugo Raleigh Logan | 2 Bed, 2 Bath Corner | 2BR,2BA | $1.32 |
Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
The Grove | B1 | 2BR,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.

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 Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.