Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $700 (31 Rentals)

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

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
Showing Results 1-31, Page 1 of 1

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 Carolina Spring Senior Apartments priced from $849. The Villages of Chapel Hill has the second lowest priced unit, which is a Studio apartment currently listed from $895. Here are the most affordable Downtown Carrboro apartments for rent in Carrboro, NC:

Apartment ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$895
ShadowoodThe Oak1BR,1BA$910
Berkshire 54Cranwell R22BR,1BA$949
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1,039
Trinity at the Hill1B1BR,1BA$1,049
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,070
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,085
Chateau ApartmentsOne Bedroom One Bath Garden1BR,1BA$1,105
Laurel Ridge ApartmentsLaurel1BR,1BA$1,125

Best Value Apartments for Rent in Downtown Carrboro, NC

As of December 16, 2025 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 $1,819 with a $1.58 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shortbread LoftsC13BR,3BA$0.94
Collins Crossingc20a3BR,2BA$1.58
Franklin Woods - Students: Save up to 10%!Marilyn2BR,1.5BA$1.61
Rock Creek ApartmentsSycamore2BR,2BA$1.40
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.50
River View2B2BR,2BA$1.44
Berkshire 54Barrington R21BR,1BA$1.48
Laurel Ridge ApartmentsLaurel1BR,1BA$1.40
Chateau Apartments1x1 Renovated1BR,1BA$1.58
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.51

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 Cheapest Studio apartment in Downtown Carrboro?

Currently the most affordable Cheap Studio Apartment in Downtown Carrboro is at The Villages of Chapel Hill listed at $895.

How much is rent for a Cheap One Bedroom Downtown Carrboro Apartment?

The lowest price for a Cheap One Bedroom Downtown Carrboro Apartment is $849 at Carolina Spring Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Carrboro Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Carrboro is starting from $949 at Berkshire 54.

What is the most affordable Downtown Carrboro Three Bedroom Apartment?

The best deal on a cheap Downtown Carrboro Three Bedroom Apartment rental is at Trinity at the Hill and starts from $1,550.

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

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.