
Cheap Homes for Rent in Carrboro, NC from $500 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Carrboro.


303 Smith Level Rd, Unit C11

303 Smith Level Rd, Unit B14

303 Smith Level Rd, Unit E23

Room in Townhome on Philip's Square
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.

303 Smith Level Rd, Unit 32

210 Purefoy Rd

124 Fidelity St

216 Ridge Trl

303 Homestead Rd
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.

500 Umstead Dr

207 Ashley Forest Rd, Unit 207

249 Schultz St

220 Elizabeth St

433 Northside Dr
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.

1705 Smith Level Rd
Carrboro, NC Local Guide

How much does it cost to rent a home in Carrboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carrboro 2 Bedroom Homes for Rent | $1,919 | $1,250 | $2,800 |
| Carrboro 3 Bedroom Homes for Rent | $2,516 | $1,695 | $3,897 |
| Carrboro 4 Bedroom Homes for Rent | $2,670 | $650 | $3,700 |
| Carrboro 5 Bedroom Homes for Rent | $4,475 | $4,475 | $4,475 |
Browse Top Homes for Rent in Carrboro
Explore Carrboro
Carrboro, NC Local Guide
- Carrboro Neighborhoods
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Cheapest Neighborhoods for Apartments in Carrboro, NC
Pricing Updated: 07/08/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Carrboro | $1,850 | $550 | 5 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Shadowood | The Oak | 1BR,1BA | $753 |
| Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $949 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,024 |
| Trinity at the Hill | 1A | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Autumn Woods | CR | 3BR,2BA | $1.44 |
| Berkshire 54 | Lenox - Renovated | 2BR,1BA | $1.32 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.41 |
| Royal Park - Students save up to 10%! | Majestic | 2BR,1BA | $1.33 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.28 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.19 |
| Kingswood - Students save up to 10%! | Tar Heel | 2BR,1BA | $1.46 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
| Shadowood | The Oak | 1BR,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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Carrboro, NC Rentals by Map
See the most popular apartments and homes in Carrboro, NC
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

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.

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.

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.

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.