
Cheap Apartments for Rent in Carrboro, NC from $700 (56 Rentals)
Search the lowest-cost Apartments available for rent right now in Carrboro.


Chateau Apartments

The Villages of Chapel Hill

304 Cedarwood Ln

Trinity at the Hill

West End Flats

Estes Park - Students Save Up To 10%!

Royal Park - Students save up to 10%!

University Lake

Rock Creek Apartments
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

Ridgewood - Students save up to 10%!

Carolina Spring Senior Apartments

Total Monthly Price
Collins Crossing

112 Bim St

River View

Total Monthly Price
Autumn Woods

Total Monthly Price
Bridges at Chapel Hill

Carolina - Students save up to 10%!

Ashbrook Apartments

109 W Poplar 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.

202 W Poplar Ave

121 Westview Dr, Unit 50

114 Bim St

Berkshire 54

124 Fidelity St

Poplar Place

700 N Greensboro St

303 Smith Level Rd, Unit A23

303 Smith Level Rd, Unit C11

303 Smith Level Rd, Unit E23
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.

Room in Townhome on Philip's Square

303 Smith Level Rd, Unit 32

304 Umstead Dr, Unit Upstairs Master Bedroom

3290 S Columbia St

Kingswood - Students save up to 10%!

Total Monthly Price
Shadowood

Laurel Ridge Apartments

Trinity Court Apartments

1701 North

University Apartments Chapel Hill
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.

207 Ashley Forest Rd, Unit 207

Carraway Village

Trustee Corner

210 Purefoy Rd

Room in Condo on M.L.K. Jr Blvd

Landings at Winmore Apartments

Timber Hollow

Rise Chapel Hill

303 Homestead Rd

Chapel View
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.
Carrboro, NC Local Guide

How much does it cost to rent an apartment in Carrboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Carrboro Studio Apartments | $1,628 | $958 | $1,948 |
| Cheap Carrboro 1 Bedroom Apartments | $1,718 | $894 | $2,499 |
| Cheap Carrboro 2 Bedroom Apartments | $2,012 | $1,050 | $3,233 |
| Cheap Carrboro 3 Bedroom Apartments | $3,079 | $1,395 | $6,896 |
| Cheap Carrboro 4 Bedroom Apartments | $1,908 | $1,310 | $3,829 |
Browse Top Apartments in Carrboro
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Carrboro, NC Local Guide
- Carrboro Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Carrboro, NC
Pricing Updated: 07/29/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Carrboro | $4,000 | $894 | 359 |
Cheapest Available Carrboro Apartments for Rent
 The cheapest available apartment rental in Carrboro, NC is a 1 Bed unit found at Berkshire 54 in the Triple Crown Estates neighborhood priced from $910. Chateau Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $925. Here is today’s list of the most affordable Carrboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire 54 | Barrington R2 | 1BR,1BA | $910 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $925 |
| Trinity at the Hill | 1A | 1BR,1BA | $1,050 |
| The Villages of Chapel Hill | The Westchester - Two Bedroom Townhome | 2BR,1BA | $1,050 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1,059 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1,095 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1,120 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1,140 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1,181 |
Best Value Apartments for Rent in Carrboro, NC
As of July 30, 2026 the best value apartment in the Carrboro area is the $1.39 price per square foot Kenan Model at Laurel Ridge Apartments in the in the Lafayette neighborhood starting from $1,755. The second greatest value Carrboro apartment is the The Poplar Townhome Model at Shadowood starting at $1,406 with a $1.26 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Shadowood | The Poplar Townhome | 2BR,2BA | $1.26 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.56 |
| Berkshire 54 | Cranwell | 2BR,1BA | $1.31 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.32 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.16 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| Poplar Place | A1 | 1BR,1BA | $1.59 |
| The Villages of Chapel Hill | NCVCH A1 1x1 725sqft - Cambridge | 1BR,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.
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 Carrboro, NC Rentals by Map
See the most popular apartments and homes in Carrboro, NC
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 $1,181.
What is the price of a cheap apartment in Carrboro?
The cheapest apartment in Carrboro is Berkshire 54 which is listed at $910, 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 95 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 $819 which is $3,181 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

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

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.