
Cheap Homes for Rent near University Park, PA from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.


1102 17th Ave

110 S Lloyd St

236 Pennsylvania Ave

317 Turnpike Ave
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.

610 Huston St

18 Monument Orviston Rd

1330 Charles St

339 S Fairview St

704 5th 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.
University Park, PA Local Guide

How much does it cost to rent a home in University Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Park 2 Bedroom Homes for Rent | $1,374 | $895 | $2,200 |
| University Park 3 Bedroom Homes for Rent | $1,765 | $795 | $3,300 |
| University Park 4 Bedroom Homes for Rent | $2,512 | $2,000 | $3,200 |
Browse Top Homes for Rent in University Park
Explore University Park
University Park, PA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 priced from $943. Brickwork Properties Communities 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 |
Best Value Apartments for Rent in University Park, PA and Nearby
As of August 05, 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 3x3.5 Townhome Model at The Villas at Happy Valley starting at $775 with a $0.62 price per square foot . 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 |
| The Villas at Happy Valley | 3x3.5 Townhome | 3BR,3.5BA | $0.62 |
| Tremont | 4BR/2BA | 4BR,2BA | $0.55 |
| The Bryn | 3BR/2BA | 3BR,2BA | $0.78 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Toftrees | 2 Bed Cricklewood | 2BR,1BA | $1.85 |
| Park Crest Terrace | 2 Beds, 2 baths | 2BR,2BA | $1.78 |
| Brickwork Properties Communities | 2 Bedroom, 1 Bath | 2BR,1BA | $1.63 |
| University Terrace Apartments | 2 bedroom unfurnished | 2BR,1BA | $2.20 |
| Centre Estates I & II | 1 Bedroom | 1BR,1BA | $1.52 |
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 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
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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 University Park
What type of rentals are currently available in University Park?
There are currently 60 Apartments for Rent in University Park, PA with pricing that ranges from $595 to $4,079. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $550 to $3,300.
What is the current price range for Rental Homes in University Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Park ranges from $550 to $3,300 with an average monthly rent of $1,615.
How much are larger Three and Four Bedroom Rentals in University Park?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Park range from $699 to $4,079, while Three Bedroom Homes, Condos, and Townhomes for rent range from $795 to $3,300. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $595.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.