Cheap Apartments for Rent in Carrboro, NC from $700 (56 Rentals)

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Search the lowest-cost Apartments available for rent right now in Carrboro.

property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Aug 1

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Collins Crossing
Rent Specials
$1,191 - $1,852
Total Monthly Price

Total Monthly Price

Base Rent
$1,191 - $1,852

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Autumn Woods
Rent Specials
$1,313 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,313 - $2,849

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
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  • 3D Tour
property at 104 Friar Ln

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

104 Friar Ln

CarrboroNC27510

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Berkshire 54
1 to 2 Bedroom Apartments

Berkshire 54

112 Hwy 54 BypassCarrboro, NC 27510
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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510
Corporate Housing
property at 303 Smith Level Rd

$625

Total Monthly Price

Total Monthly Price

Base Rent
$625

Total Monthly Price
$625

1 Bedroom, 1 Bath Condo for Rent

Available Now

303 Smith Level Rd

Chapel HillNC27516
property at 303 Smith Level Rd

$735

Total Monthly Price

Total Monthly Price

Base Rent
$735

Total Monthly Price
$735

1 Bedroom, 1 Bath Condo for Rent

Available Aug 1

303 Smith Level Rd, Unit D24 - C

303 Smith Level Rd
Chapel HillNC27516

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Shadowood
Rent Specials
$928 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$928 - $2,155

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

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.

Carrboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Carrboro, NC

Pricing Updated: 06/14/2026

Current apartment rentals in the Carrboro, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Carrboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Carrboro$4,000$936314

Cheapest Available Carrboro Apartments for Rent

 

The cheapest available apartment rental in Carrboro, NC is a 1 Bed unit found at Shadowood in the Triple Crown Estates neighborhood priced from $928. Chateau Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $949. Here is today’s list of the most affordable Carrboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$928
Chateau ApartmentsOne Bedroom1BR,1BA$949
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Berkshire 54Lenox2BR,1BA$1,019
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,060
The Villages of Chapel HillThe Dover - One Bedroom Townhome1BR,1BA$1,076
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,085
River View1A1BR,1BA$1,099
Trinity at the Hill1B1BR,1BA$1,100
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1,139

Best Value Apartments for Rent in Carrboro, NC

As of June 14, 2026 the best value apartment in the Carrboro area is the $1.54 price per square foot Rosemary w/ Basement Model at The Townhomes at Chapel Watch Village in the in the Triple Crown Estates neighborhood starting from $2,580. The second greatest value Carrboro apartment is the B1R Model at Autumn Woods starting at $1,728 with a $1.54 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Carrboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Townhomes at Chapel Watch VillageRosemary w/ Basement2BR,3.5BA$1.54
Autumn WoodsB1R2BR,2BA$1.54
Berkshire 54Lenox R22BR,1BA$1.07
Carolina - Students save up to 10%!Emerald2BR,1.5BA$1.40
Laurel Ridge ApartmentsColumbia2BR,1BA$1.39
Collins Crossingb20b2BR,2BA$1.47
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1.43
Chateau ApartmentsOne Bedroom1BR,1BA$1.19
Trinity at the Hill1B1BR,1BA$1.40
The Villages of Chapel HillThe Cambridge - One Bedroom Apartment Home1BR,1BA$1.51

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.

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Carrboro Apartments

What is a cheap apartment in Carrboro?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Carrboro is under $1,139.

What is the price of a cheap apartment in Carrboro?

The cheapest apartment in Carrboro is Shadowood which is listed at $928, while the average apartment in Carrboro costs $4,000.

What types of apartments are the cheapest in Carrboro?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 119 regular apartments in Carrboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Carrboro?

Cheap apartments in Carrboro have an average cost of $1,477 which is $2,523 cheaper than the average rent for all rentals in Carrboro.

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

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.