1130 Carlton Ave, Unit 202
1130 Carlton Ave
RaleighNC27606
Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (10 Rentals)
Search the lowest-cost Homes available for rent right now in the University area of Raleigh.
Room in House on Okelly St
2923 Okelly St
RaleighNC27607
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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Room in Condo on Carlton Ave
1110 Carlton Ave
RaleighNC27606
1120 Carlton Ave, Unit 104A
1120 Carlton Ave
RaleighNC27606
Room in House on Heck St
218 Heck St
RaleighNC27601
3502 Ivy Commons Dr
RaleighNC27606
Room in Condo on W Peace St
615 W Peace St
RaleighNC27605
104 Bart St
RaleighNC27610
528 Wade Ave, Unit A
528 Wade Ave
RaleighNC27605
The Art of the Rental Viewing: What to look for during a property tour
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3305 Bearskin Ct
RaleighNC27606
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University, Raleigh, NC Local Guide
Copyright CoStar Group, Inc
How much does it cost to rent a home in University?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University 2 Bedroom Homes for Rent | $1,979 | $1,450 | $3,250 |
| University 3 Bedroom Homes for Rent | $2,780 | $1,595 | $4,495 |
| University 4 Bedroom Homes for Rent | $3,789 | $2,300 | $7,245 |
Browse Homes for Rent in this Neighborhood
There are currently 10 rentals with your search options within a 2 mile radius of the University Neighborhood of Raleigh, NC.
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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. Pine Knoll Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. 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 |
| Pine Knoll Apartments | Standard Model | 1BR,1BA | $995 |
| Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in University, NC
As of July 26, 2025 the best value apartment in the University area is the $1.21 price per square foot 815 W Johnson St Model at 815 W Johnson St, Unit A in the in the Blount Street neighborhood starting from $2,000. 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. |
|---|---|---|---|
| 815 W Johnson St, Unit A | 815 W Johnson St | 2BR,1BA | $1.21 |
| Yugo Raleigh Logan | 4 Bed, 4 Bath Plus | 4BR,4BA | $0.88 |
| Capital Apartments | 201 | 2BR,1BA | $1.43 |
| Student Housing - Gorman Parkwood | 1 bd and 1 bath Student | 3BR,3BA | $0.57 |
| 815 W Johnson St, Unit 815 W Johnson | 815 W Johnson St | 2BR,1BA | $1.60 |
| Grand Arbor Reserve Apartment Homes | Compton (C1) | 3BR,2BA | $1.30 |
| Rhyne's Gate Apartments | Standard Model | 2BR,2BA | $1.57 |
| Spanish Trace Apartments | 2 Bed 2 Bath with Washer/Dryer - Deluxe | 2BR,2BA | $1.55 |
| Parkwood Village Apartments | 1 Bedroom | 1BR,1BA | $1.24 |
| 900 Moses Ct, Unit 901B | 900 Moses Ct | 1BR,1BA | $1.50 |
Frequently Asked Questions about University
What type of rentals are currently available in University?
There are currently 403 Apartments for Rent in University, NC with pricing that ranges from $950 to $9,292. There are also 80 Single Family Homes for rent, Condos, and Townhome rentals currently available in University ranging from $625 to $7,245.
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 $7,245 with an average monthly rent of $2,210.
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 $1,079 to $9,292, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $4,495. Four Bedroom Single-Family rentals are also available starting from $2,300 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.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.
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.