Cheap Apartments for Rent in Carrboro, NC from $700 (42 Rentals)

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

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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River View
Rent Specials
$1,133 - $1,583
Total Monthly Price

Total Monthly Price

Base Rent
$1,133 - $1,583
Total Monthly Price
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1 to 2 Bedroom Apartments Available Now

River View

201 Westbrook DrCarrboro, NC 27510
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Collins Crossing
Rent Specials
$1,221 - $1,870
Total Monthly Price

Total Monthly Price

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$1,221 - $1,870
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2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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Autumn Woods
Rent Specials
$1,330 - $3,371
Total Monthly Price

Total Monthly Price

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$1,330 - $3,371
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1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
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  • 3D Tour

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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Poplar Place
1 to 2 Bedroom Apartments

Poplar Place

605 Jones Ferry RdCarrboro, NC 27510
Corporate Housing

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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Shadowood
Rent Specials
$946 - $1,633
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Total Monthly Price

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$946 - $1,633
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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

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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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

$1,000 - $1,500

2 To 3 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

The Art of the Rental Viewing: What to look for during a property tour

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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Showing Results 1-42, Page 1 of 1

Carrboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Carrboro, NC

Pricing Updated: 04/29/2026

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$4,500$768340

Cheapest Available Carrboro Apartments for Rent

 

The cheapest available apartment rental in Carrboro, NC is a 1 Bed unit found at Carolina Spring Senior Apartments in the Triple Crown Estates neighborhood priced from $849. Berkshire 54 in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable Carrboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
Berkshire 54Barrington - Renovated1BR,1BA$910
ShadowoodThe Oak1BR,1BA$946
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1,006
Poplar PlaceA11BR,1BA$1,018
Chateau ApartmentsOne Bedroom1BR,1BA$1,049
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,055
Chapel ViewThe Franklin1BR,1BA$1,094
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,115

Best Value Apartments for Rent in Carrboro, NC

As of April 29, 2026 the best value apartment in the Carrboro area is the $0.94 price per square foot C1 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,140. The second greatest value Carrboro apartment is the Lenox - Renovated Model at Berkshire 54 starting at $1,376 with a $1.32 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.
Shortbread LoftsC13BR,3BA$0.94
Berkshire 54Lenox - Renovated2BR,1BA$1.32
Trinity at the Hill2A2BR,2BA$1.26
Poplar PlaceB12BR,1BA$1.46
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.47
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.38
Collins Crossingb20b2BR,2BA$1.45
Chateau ApartmentsOne Bedroom1BR,1BA$1.31
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.51

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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:
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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 $1,115.

What is the price of a cheap apartment in Carrboro?

The cheapest apartment in Carrboro is Carolina Spring Senior Apartments which is listed at $849, while the average apartment in Carrboro costs $4,500.

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 104 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 $1,940 which is $2,560 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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.