Cheap Apartments for Rent in Carrboro, NC from $700 (48 Rentals)

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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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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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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510
Corporate Housing

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

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Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
property at 500 Umstead Dr

$1,350 - $1,425

2 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-48, Page 1 of 1

Carrboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Carrboro, NC

Pricing Updated: 01/19/2026

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$3,675$949309

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 $940. West End Flats in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 2 Beds 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$940
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$949
Chateau ApartmentsOne Bedroom One Bath Garden1BR,1BA$949
Berkshire 54Cranwell R22BR,1BA$949
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Poplar PlaceA11BR,1BA$1,010
Ashbrook Apartments1b/1b Edgemont1BR,1BA$1,035
Autumn WoodsA11BR,1BA$1,048
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,070

Best Value Apartments for Rent in Carrboro, NC

As of January 19, 2026 the best value apartment in the Carrboro area is the $1.60 price per square foot CR Model at Autumn Woods in the in the Triple Crown Estates neighborhood starting from $2,216. The second greatest value Carrboro apartment is the C1 Model at Shortbread Lofts starting at $1,140 with a $0.94 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.
Autumn WoodsCR3BR,2BA$1.60
Shortbread LoftsC13BR,3BA$0.94
Collins Crossingc20a3BR,2BA$1.55
Poplar PlaceB12BR,1BA$1.37
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.46
River View2B2BR,2BA$1.42
Berkshire 54Barrington R21BR,1BA$1.48
Laurel Ridge ApartmentsLaurel1BR,1BA$1.45
Ashbrook Apartments1b/1b Edgemont1BR,1BA$1.29
Chateau Apartments1x1 Renovated1BR,1BA$1.58

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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.

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

Explore Carrboro, NC Rentals by Map

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See the most popular apartments and homes in Carrboro, NC

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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 $1,070.

What is the price of a cheap apartment in Carrboro?

The cheapest apartment in Carrboro is Shadowood which is listed at $925, while the average apartment in Carrboro costs $3,675.

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 154 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 $1,287 which is $2,388 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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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.