
Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $700 (10 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Carrboro area of Carrboro.


Royal Park - Students save up to 10%!

University Lake

River View

Ridgewood - 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.

Collins Crossing

124 Fidelity St

725 S Merritt Mill Rd

106 Basnight Ln
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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 1 Bedroom Apartments | $1,256 | $1,020 | $1,645 |
| Downtown Carrboro 2 Bedroom Apartments | $1,551 | $1,170 | $3,671 |
| Downtown Carrboro 3 Bedroom Apartments | $1,737 | $1,115 | $6,998 |
| Downtown Carrboro 4 Bedroom Apartments | $1,456 | $1,095 | $2,500 |
Browse Apartments in this Neighborhood
There are currently 10 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 Royal Park - Students save up to 10%! priced from $1,050. Ridgewood - Students save up to 10%! has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,135. Here are the most affordable Downtown Carrboro apartments for rent in Carrboro, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1,050 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,135 |
| Collins Crossing | b10a | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Downtown Carrboro, NC
As of November 06, 2025 the best value apartment in the Downtown Carrboro area is the $0.83 price per square foot C4 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,125. The second greatest value Downtown Carrboro apartment is the Hatteras Model at Carolina - Students save up to 10%! starting at $1,365 with a $1.49 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 | C4 | 3BR,3BA | $0.83 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.49 |
| Collins Crossing | b20b | 2BR,2BA | $1.44 |
| Royal Park - Students save up to 10%! | Barnes | 1BR,1BA | $1.94 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $2.10 |
Getting Around the Downtown Carrboro Neighborhood in Carrboro, NC
Walk Score®
88 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
90 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
42 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Royal Park - Students save up to 10%! which is listed at $1,050, while the average apartment in Downtown Carrboro costs $1,635.
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 27 regular apartments in Downtown Carrboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
