Cheap Homes for Rent in University Neighborhood of Raleigh, NC from $600 (18 Rentals)

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

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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. 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 ListingModel NameBed/BathPriced From
Pullen Station LoftsStudioStudio,1BA$950
Parkwood Village Apartments1 Bedroom1BR,1BA$1,050
The GroveA1 - The Mirlen1BR,1BA$1,058
The Kenton Apartments1BR/1.0BA1BR,1BA$1,100
Capital Flats & Magnolia Square ApartmentsCF 1x1A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
StanhopeFour Bedrooms4BR,4BA$0.79
Yugo Raleigh Logan4 Bed, 4 Bath Plus4BR,4BA$0.88
Capital Apartments2012BR,1BA$1.48
Student Housing - Gorman Parkwood1 bd and 1 bath Student3BR,3BA$0.57
Parkside at Five PointsPS 2x1.52BR,1.5BA$1.26
Wedgwood Apartments2-2.2BR,2BA$1.51
Grand Arbor Reserve Apartment HomesBradbury 3 (B3)2BR,1BA$1.40
Method Townhomes2BD / 2.5BA Townhome2BR,2.5BA$0.89
Spanish Trace Apartments2 Bed 2 Bath with Washer/Dryer - Deluxe2BR,2BA$1.55
Parkwood Village Apartments1 Bedroom1BR,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.

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The Art of the Rental Viewing: What to look for during a property tour

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.