
Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $700 (31 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Carrboro area of Carrboro.


The Villages of Chapel Hill

Carolina Spring Senior Apartments

West End Flats

Total Monthly Price
Royal Park - Students save up to 10%!

Trinity at the Hill

Total Monthly Price
Estes Park - Students Save Up To 10%!
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.

Total Monthly Price
University Lake

Total Monthly Price
Ridgewood - Students save up to 10%!

River View

Total Monthly Price
Chateau Apartments

Total Monthly Price
Autumn Woods

Ashbrook Apartments

Rock Creek Apartments
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.

Total Monthly Price
Collins Crossing

Total Monthly Price
Bridges at Chapel Hill

Total Monthly Price
Carolina - Students save up to 10%!

106 Fidelity/109 W Poplar

309 Broad St

Total Monthly Price
101 Woodcrest Dr, Unit B

Total Monthly Price
Shadowood
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.

1 Shepherd Ln

Laurel Ridge Apartments

Total Monthly Price
Sunstone Apartments

Total Monthly Price
Kingswood - Students save up to 10%!

900 Willow

Aura Booth Park

Total Monthly Price
Franklin Woods - Students: Save up to 10%!
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.

University Apartments Chapel Hill

Trustee Corner

106 Basnight Ln
Downtown Carrboro, Carrboro, NC Local Guide

How much does it cost to rent an apartment in Downtown Carrboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Carrboro Studio Apartments | $1,993 | $958 | $3,278 |
| Downtown Carrboro 1 Bedroom Apartments | $1,577 | $800 | $3,688 |
| Downtown Carrboro 2 Bedroom Apartments | $1,983 | $1,000 | $4,868 |
| Downtown Carrboro 3 Bedroom Apartments | $3,096 | $1,110 | $8,022 |
| Downtown Carrboro 4 Bedroom Apartments | $2,276 | $1,095 | $7,236 |
Browse Apartments in this Neighborhood
There are currently 31 rentals with your search options within a 2 mile radius of the Downtown Carrboro Neighborhood of Carrboro, NC.
See all Apartments in CarrboroExplore Carrboro
Cheapest Available Downtown Carrboro Apartments for Rent
 The cheapest available apartment rental in the Downtown Carrboro area of Carrboro, NC is a 2 Beds unit found at Berkshire 54 priced from $949. The Villages of Chapel Hill has the second lowest priced unit, which is a Studio apartment currently listed from $958. Here are the most affordable Downtown Carrboro apartments for rent in Carrboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,016 |
| Shadowood | The Oak | 1BR,1BA | $1,033 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,055 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,080 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,080 |
| River View | 1A | 1BR,1BA | $1,095 |
Best Value Apartments for Rent in Downtown Carrboro, NC
As of February 26, 2026 the best value apartment in the Downtown 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 Downtown Carrboro apartment is the c20a Model at Collins Crossing starting at $1,800 with a $1.57 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Downtown Carrboro apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Collins Crossing | c20a | 3BR,2BA | $1.57 |
| Laurel Ridge Apartments | Rosemary | 2BR,1.5BA | $1.35 |
| Ashbrook Apartments | 2b/2b Georgetown A | 2BR,2BA | $1.44 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.45 |
| Berkshire 54 | Barington | 1BR,1BA | $1.33 |
| Chateau Apartments | 1x1 Renovated | 1BR,1BA | $1.58 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| River View | 1A | 1BR,1BA | $1.66 |
| 101 Woodcrest Dr, Unit B | 101 Woodcrest Dr | 1BR,1BA | $1.60 |
Frequently Asked Questions about Cheap Downtown Carrboro Apartments
What is a cheap apartment in Downtown Carrboro?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Downtown Carrboro is under $1,095.
What is the price of a cheap apartment in Downtown Carrboro?
The cheapest apartment in Downtown Carrboro is Berkshire 54 which is listed at $999, while the average apartment in Downtown Carrboro costs $3,650.
What types of apartments are the cheapest in Downtown 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 120 regular apartments in Downtown 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 Downtown Carrboro?
Cheap apartments in Downtown Carrboro have an average cost of $1,309 which is $2,341 cheaper than the average rent for all rentals in Downtown 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

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.

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.