Cheap Homes for Rent in Carrboro, NC from $500 (16 Rentals)

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Search the lowest-cost Homes available for rent right now in Carrboro.

property at 108 Pine St

$550 - $700

Total Monthly Price

Total Monthly Price

Base Rent
$550 - $700

Total Monthly Price
$550 - $700

1 Bedroom, 1 Bath Home for Rent

Available Soon

108 Pine St

CarrboroNC27510

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.

property at 216 Ridge Trl

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 14

216 Ridge Trl

Chapel HillNC27516

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.

property at 500 Umstead Dr

$1,250 - $1,495

2 To 3 Bedroom Rentals

Available Now

500 Umstead Dr

Chapel HillNC27516
property at 207 Ashley Forest Rd

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1.5 Bath Condo for Rent

Available Aug 8

207 Ashley Forest Rd, Unit 207

207 Ashley Forest Rd
Chapel HillNC27514

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Carrboro, NC Local Guide

Cheapest Neighborhoods for Apartments in Carrboro, NC

Pricing Updated: 07/08/2026

Current apartment rentals in the Carrboro, NC area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Carrboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Carrboro$1,850$5505

Cheapest Available Carrboro Apartments for Rent

 

The cheapest available apartment rental in Carrboro, NC is a 1 Bed unit found at Shadowood in the Triple Crown Estates neighborhood priced from $753. Berkshire 54 in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here is today’s list of the most affordable Carrboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
ShadowoodThe Oak1BR,1BA$753
Berkshire 54Cranwell R22BR,1BA$949
Chateau ApartmentsOne Bedroom1BR,1BA$949
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,024
Trinity at the Hill1A1BR,1BA$1,050

Best Value Apartments for Rent in Carrboro, NC

As of July 08, 2026 the best value apartment in the Carrboro area is the $1.44 price per square foot CR Model at Autumn Woods in the in the Triple Crown Estates neighborhood starting from $1,990. The second greatest value Carrboro apartment is the Lenox - Renovated Model at Berkshire 54 starting at $1,376 with a $1.32 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Carrboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Autumn WoodsCR3BR,2BA$1.44
Berkshire 54Lenox - Renovated2BR,1BA$1.32
Laurel Ridge ApartmentsColumbia2BR,1BA$1.39
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.41
Royal Park - Students save up to 10%!Majestic2BR,1BA$1.33
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.28
Chateau ApartmentsOne Bedroom1BR,1BA$1.19
Kingswood - Students save up to 10%!Tar Heel2BR,1BA$1.46
Trinity at the Hill1B1BR,1BA$1.40
ShadowoodThe Oak1BR,1BA$1.41

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Carrboro

What type of rentals are currently available in Carrboro?

There are currently 113 Apartments for Rent in Carrboro, NC with pricing that ranges from $898 to $9,346. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carrboro ranging from $550 to $4,475.

What is the current price range for Rental Homes in Carrboro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Carrboro ranges from $550 to $4,475 with an average monthly rent of $2,241.

How much are larger Three and Four Bedroom Rentals in Carrboro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Carrboro range from $1,140 to $9,346, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,897. Four Bedroom Single-Family rentals are also available starting from $650 and Four Bedroom Apartments start at $1,140.

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

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Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.