
Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $775 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Carrboro area of Carrboro.


Chateau Apartments

The Villages of Chapel Hill

West End Flats

Estes Park - Students Save Up To 10%!

University Lake

Royal Park - Students save up to 10%!

Rock Creek Apartments
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.

Ridgewood - Students save up to 10%!

Carolina Spring Senior Apartments

Total Monthly Price
Collins Crossing

Total Monthly Price
Autumn Woods

Total Monthly Price
Bridges at Chapel Hill

112 Bim St

202 W Poplar Ave

Ashbrook Apartments
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.

Carolina - Students save up to 10%!

109 W Poplar Ave

122 Marlowe Ct

137 Oak St, Unit 137 Oak St.

114 Bim St

Total Monthly Price
400 Davie Rd, Unit 31

124 Fidelity St

River View
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.

700 N Greensboro St

Total Monthly Price
Shadowood

Kingswood - Students save up to 10%!

Laurel Ridge Apartments

Total Monthly Price
Sunstone Apartments

University Apartments Chapel Hill

Total Monthly Price
900 Willow

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

Trustee Corner
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 | $1,524 | $958 | $1,776 |
| Downtown Carrboro 1 Bedroom Apartments | $1,737 | $1,075 | $2,434 |
| Downtown Carrboro 2 Bedroom Apartments | $1,876 | $1,021 | $3,548 |
| Downtown Carrboro 3 Bedroom Apartments | $3,382 | $1,395 | $6,784 |
| Downtown Carrboro 4 Bedroom Apartments | $2,209 | $1,310 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 33 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 1 Bed unit found at Chateau Apartments priced from $925. West End Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,021. Here are the most affordable Downtown Carrboro apartments for rent in Carrboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Chateau Apartments | One Bedroom | 1BR,1BA | $925 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,021 |
| The Villages of Chapel Hill | The Westchester - Two Bedroom Townhome | 2BR,1BA | $1,050 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,075 |
| Shadowood | The Oak | 1BR,1BA | $1,091 |
| Kingswood - Students save up to 10%! | Blue Devil | 2BR,1BA | $1,115 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,125 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1,135 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,160 |
| Collins Crossing | b10a | 2BR,1BA | $1,182 |
Best Value Apartments for Rent in Downtown Carrboro, NC
As of August 26, 2026 the best value apartment in the Downtown Carrboro area is the $1.30 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,600. The second greatest value Downtown Carrboro apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,675 with a $1.12 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. |
|---|---|---|---|
| 503 N. Greensboro | 7BR/3.0BA | 7BR,3BA | $1.30 |
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR,1BA | $1.12 |
| Trinity Court Apartments | 3x2 | 3BR,2BA | $1.55 |
| Collins Crossing | c20a | 3BR,2BA | $1.57 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.51 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.28 |
| Laurel Ridge Apartments | Laurel | 1BR,1BA | $1.41 |
| Bridges at Chapel Hill | A2 | 1BR,1BA | $1.58 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.16 |
| The Villages of Chapel Hill | The Cambridge - One Bedroom Apartment Home | 1BR,1BA | $1.51 |
Frequently Asked Questions about Cheap Downtown Carrboro Apartments
What is the price of a cheap apartment in Downtown Carrboro?
The cheapest apartment in Downtown Carrboro is Chateau Apartments which is listed at $925, while the average apartment in Downtown Carrboro costs $1,846.
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 126 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 $627 which is $1,219 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

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.