Cheap Apartments for Rent in the Downtown Carrboro Neighborhood of Carrboro, NC from $775 (33 Rentals)

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

property at 108 Pine St

$550

Total Monthly Price

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available Now

108 Pine St, Unit 6

108 Pine St
CarrboroNC27510

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.

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Collins Crossing
Rent Specials
$1,182 - $1,802
Total Monthly Price

Total Monthly Price

Base Rent
$1,182 - $1,802

Total Monthly Price
Varies
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
$1,242 - $2,892
Total Monthly Price

Total Monthly Price

Base Rent
$1,242 - $2,892

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
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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.

property at 122 Marlowe Ct

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 2.5 Bath Townhome for Rent

Available Now

122 Marlowe Ct

CarrboroNC27510
property at 137 Oak St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Sep 16

137 Oak St, Unit 137 Oak St.

137 Oak St
CarrboroNC27510
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400 Davie Rd, Unit 31
$1,500
Total Monthly Price

Total Monthly Price

Base Rent
$1,500

Total Monthly Price
$1,500
2 Bedroom Apartment Available Nov 1

400 Davie Rd, Unit 31

400 Davie RdCarrboro, NC 27510
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River View
1 to 2 Bedroom Apartments

River View

201 Westbrook DrCarrboro, NC 27510

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.

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Shadowood
$1,091 - $1,749
Total Monthly Price

Total Monthly Price

Base Rent
$1,091 - $1,749

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
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Sunstone Apartments
Rent Specials
$1,392 - $2,074
Total Monthly Price

Total Monthly Price

Base Rent
$1,392 - $2,074

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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900 Willow
Rent Specials
$1,500 - $4,298
Total Monthly Price

Total Monthly Price

Base Rent
$1,500 - $4,298

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

900 Willow

900 Willow DrChapel Hill, NC 27514
Student Housing
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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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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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 ListingModel NameBed/BathPriced From
Chateau ApartmentsOne Bedroom1BR,1BA$925
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,021
The Villages of Chapel HillThe Westchester - Two Bedroom Townhome2BR,1BA$1,050
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,075
ShadowoodThe Oak1BR,1BA$1,091
Kingswood - Students save up to 10%!Blue Devil2BR,1BA$1,115
Royal Park - Students save up to 10%!Barnes1BR,1BA$1,125
Laurel Ridge ApartmentsLaurel1BR,1BA$1,135
Ridgewood - Students save up to 10%!Melrose1BR,1BA$1,160
Collins Crossingb10a2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
503 N. Greensboro7BR/3.0BA7BR,3BA$1.30
502 Whitaker Street, Unit B502 Whitaker Street3BR,1BA$1.12
Trinity Court Apartments3x23BR,2BA$1.55
Collins Crossingc20a3BR,2BA$1.57
Cedar Court2 Beds, 1.5 Baths2BR,1.5BA$1.51
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.28
Laurel Ridge ApartmentsLaurel1BR,1BA$1.41
Bridges at Chapel HillA21BR,1BA$1.58
Chateau ApartmentsOne Bedroom1BR,1BA$1.16
The Villages of Chapel HillThe Cambridge - One Bedroom Apartment Home1BR,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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.