
Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (19 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Raleigh.


606-B Martin Street;

1120 Carlton Ave, Unit 104A

3515 Ivy Commons Dr, Unit 301

3523 Ivy Commons Dr

3533 Ivy Commons Dr, Unit 201
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3520 Ivy Commons Dr, Unit 201

3605 Helix Ct, Unit 201

3817 Lupton Cir

3901 Lexington Dr

806 Chamberlain St

808 Chamberlain St
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514 S Boylan Ave

307 Georgetown Road

1504 Crest Rd

1504 Crest Rd

709 Daniels St

3111 Stedman Dr
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2703 Bedford Ave
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 | $1,195 | $2,800 |
| University 3 Bedroom Homes for Rent | $2,547 | $1,500 | $3,500 |
| University 4 Bedroom Homes for Rent | $3,874 | $2,400 | $5,995 |
| University 5 Bedroom Homes for Rent | $4,575 | $2,250 | $6,900 |
Browse Homes for Rent in this Neighborhood
There are currently 19 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 The Kenton Apartments priced from $925. Capital Flats & Magnolia Square Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here are the most affordable University apartments for rent in Raleigh, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $925 |
| Capital Flats & Magnolia Square Apartments | CF 1x1A | 1BR,1BA | $949 |
| Pullen Station Lofts | Studio | Studio,1BA | $950 |
| Shamrock Apartments | One Bedroom | 1BR,1BA | $999 |
| Wedgwood Apartments | Wedgwood Efficiency | 1BR,1BA | $999 |
Best Value Apartments for Rent in University, NC
As of November 03, 2025 the best value apartment in the University area is the $0.91 price per square foot Entire Home Model at 1115 Marshall St in the in the Blount Street neighborhood starting from $4,000. The second greatest value University apartment is the 2 Bed #310 Model at 618 N Boylan Ave starting at $2,035 with a $1.30 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. |
|---|---|---|---|
| 1115 Marshall St | Entire Home | 4BR,3.5BA | $0.91 |
| 618 N Boylan Ave | 2 Bed #310 | 2BR,2.5BA | $1.30 |
| Capital Apartments | 201 | 2BR,1BA | $1.35 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| 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 | $1.36 |
| Grand Arbor Reserve Apartment Homes | Bradbury 3 (B3) | 2BR,1BA | $1.25 |
| Method Townhomes | 2BD / 2.5BA Townhome | 2BR,2.5BA | $0.89 |
| The Kenton Apartments | 1BR/1.0BA | 1BR,1BA | $1.40 |
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 408 Apartments for Rent in University, NC with pricing that ranges from $873 to $8,071. There are also 93 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $625 to $6,900.
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 $6,900 with an average monthly rent of $2,608.
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 $899 to $7,515, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $3,500. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $979.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.