
Cheap Homes for Rent in University Park, PA from $600 (6 Rentals)
Search the lowest-cost Homes available for rent right now in University Park.


116 S 2nd St

106 W Church St

718 Hannah St

14 E Arch St

244 E Nittany Ave
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 | $1,804 | $890 | $2,975 |
| University Park 3 Bedroom Homes for Rent | $1,958 | $1,250 | $2,499 |
| University Park 4 Bedroom Homes for Rent | $3,029 | $1,775 | $4,300 |
| University Park 5 Bedroom Homes for Rent | $650 | $650 | $650 |
| University Park 6 Bedroom Homes for Rent | $8,100 | $8,100 | $8,100 |
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 2 Beds unit found at Wehnwood Court Apartments priced from $700. State College Collective on Farmstead has the second lowest priced unit, which is a 3 Beds apartment currently listed from $730. Here is today’s list of the most affordable University Park apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wehnwood Court Apartments | Model SS | 2BR,2BA | $700 |
| State College Collective on Farmstead | 3BR/3.5BA - Standard - Unfurnished | 3BR,3BA | $730 |
| Centre Estates I & II | 1 Bedroom FF | 1BR,1BA | $860 |
Best Value Apartments for Rent in University Park, PA and Nearby
As of October 27, 2025 the best value apartment in the University Park area is the $0.43 price per square foot 3BR/3.5BA - Standard - Upgraded Furnished Model at State College Collective on Farmstead in the starting from $760. The second greatest value University Park apartment is the 4x4 Mansion Model at oLiv Highland starting at $1,810 with a $1.32 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 Furnished | 3BR,3.5BA | $0.43 |
| oLiv Highland | 4x4 Mansion | 4BR,4BA | $1.32 |
| Ashworth Woods | 4 Beds, 2.5 baths | 4BR,2.5BA | $1.13 |
| The Villas at Happy Valley | 3x3.5 Townhome | 3BR,3.5BA | $0.72 |
| Wehnwood Court Apartments | Model - D | 4BR,1.5BA | $0.83 |
| Haus | 3x2 Shared | 3BR,2BA | $0.99 |
| Altoona Student Housing | 1 Bed | 1BR,1BA | $0.46 |
| Park Hill | 2x1 Shared | 2BR,1BA | $1.08 |
| The Bryn | 2BR/2BA | 2BR,2BA | $1.16 |
| Tremont | 2BR/2BA | 2BR,2BA | $1.23 |
Quick 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 51 Apartments for Rent in University Park, PA with pricing that ranges from $648 to $4,400. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Park ranging from $650 to $8,100.
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 $650 to $8,100 with an average monthly rent of $2,731.
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 $695 to $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,499. Four Bedroom Single-Family rentals are also available starting from $1,775 and Four Bedroom Apartments start at $719.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.