
Cheap Apartments for Rent near University Park, PA from $550 (19 Rentals)
Search the lowest-cost Apartments available for rent right now in University Park.


Turtle Creek Apartments at Toftrees

Lion's Gate Apartments

908 Main St

Lindsey Place

628 Sycamore St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1102 17th Ave

255 Underwood St

205 3rd Ave

1330 Charles St

1412 3rd Ave

534 Walnut St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

25 S Highland St

1511 20th Ave

88 Anita St

119 N Vesper St

16 Woods Ln

26 S Fairview St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

330 S Fairview St
University Park, PA Local Guide

How much does it cost to rent an apartment in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park Studio Apartments | $1,574 | $1,010 | $2,559 |
| University Park 1 Bedroom Apartments | $1,573 | $943 | $2,399 |
| University Park 2 Bedroom Apartments | $1,713 | $806 | $3,008 |
| University Park 3 Bedroom Apartments | $1,540 | $706 | $4,079 |
| University Park 4 Bedroom Apartments | $1,404 | $550 | $2,029 |
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University Park, PA Local Guide
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Cheapest Available University Park Apartments for Rent and Nearby
 The cheapest available apartment rental in University Park, PA is a 1 Bed unit found at Centre Estates I & II in the College Heights neighborhood priced from $943. Brickwork Properties Communities in the College Heights neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,335. Here is today’s list of the most affordable University Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Centre Estates I & II | 1 BR HCP/WC Accessible | 1BR,1BA | $943 |
| Brickwork Properties Communities | 2 Bedroom, 1 Bath | 2BR,1BA | $1,335 |
| Mount Nittany by Allen & Pugh | 1BR/1.0BA | 1BR,1BA | $1,400 |
| Toftrees | 2 Bed Cricklewood | 2BR,1BA | $1,445 |
| Vairo Village | 2 Bedroom | 2BR,1BA | $1,580 |
Best Value Apartments for Rent in University Park, PA and Nearby
As of September 13, 2026 the best value apartment in the University Park area is the $0.44 price per square foot 3BR/3.5BA - Standard - Upgraded Unfurnished Model at State College Collective on Farmstead in the starting from $765. The second greatest value University Park apartment is the 3 Bedroom Model at Southgate Apartments starting at $1,879 with a $1.21 price per square foot in the College Heights neighborhood. Here is today’s list of the best values for University Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| State College Collective on Farmstead | 3BR/3.5BA - Standard - Upgraded Unfurnished | 3BR,3.5BA | $0.44 |
| Southgate Apartments | 3 Bedroom | 3BR,2BA | $1.21 |
| Brexx at State College | 3X3 Birchmore | 3BR,3BA | $0.88 |
| The Villas at Happy Valley | 3x3.5 Townhome | 3BR,3.5BA | $0.64 |
| The Bryn | 3BR/2BA | 3BR,2BA | $0.78 |
| The View | 2x2 Premium | 2BR,2BA | $1.26 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Parkway Plaza | 2BR/2BA - Unfurnished | 2BR,2BA | $1.01 |
| The Pointe at State College | 2 Bedroom/2 Bath | 2BR,2BA | $1.43 |
| Tremont | 2BR/2BA | 2BR,2BA | $1.21 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore University Park, PA Rentals by Map
See the most popular apartments and homes in University Park, PA
Frequently Asked Questions about Cheap University Park Apartments
How much is rent for a Cheap One Bedroom University Park Apartment?
The lowest price for a Cheap One Bedroom University Park Apartment is $943 at Centre Estates I & II.
What is the lowest price for a Cheap Two Bedroom University Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in University Park is starting from $998 at Centre Estates I & II.
What is the most affordable University Park Three Bedroom Apartment?
The best deal on a cheap University Park Three Bedroom Apartment rental is at Vairo Village and starts from $1,615.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.