
Cheap Apartments for Rent in Chapel Hill, NC from $400 (75 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.


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101 Woodcrest Dr, Unit B

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Sunstone Apartments

The Apartments at Midtown 501

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Shadowood

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Crosstown at Chapel Hill

Glen Lennox Apartments

PineGate - Students save up to 10%!

1 Shepherd Ln

Link Apartments® Calyx
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.

Laurel Ridge Apartments

Rise Chapel Hill

Sagebrook of Chapel Hill

Link Apartments® Linden

Bell Chapel Hill

Kingswood - Students save up to 10%!

900 Willow

1701 North

Blu on Farrington

Carraway Village
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Morgan at Chapel Hill

Franklin Woods - Students: Save up to 10%!

Aura Booth Park

Booker Creek - Students save up to 10%!

1617 Old Oxford Rd

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The Hartley at Blue Hill

University Apartments Chapel Hill

Chapel Hill North

Aura Fifty4

Trilogy Chapel Hill
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

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Notting Hill

Atlas Blue Hill

615 Tall Oaks Rd

Elliot Wood Apartments

Trustee Corner

Timber Hollow

Short Term Furnished Luxury Studio

Chapel View

Camden Governors Village

Southern Village Apartments
The Art of the Rental Viewing: What to look for during a property tour
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612 Hillsborough

Glenbrook East and West

Carolina Spring Senior Apartments

Crossings @ 501

Berkshire 54

West End Flats

The Villages of Chapel Hill

Lenox at Patterson Place

Nova Chapel Hill

Royal Park - Students save up to 10%!
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Chapel Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Chapel Hill Studio Apartments | $1,544 | $958 | $3,278 |
| Cheap Chapel Hill 1 Bedroom Apartments | $1,596 | $768 | $3,688 |
| Cheap Chapel Hill 2 Bedroom Apartments | $1,933 | $884 | $4,868 |
| Cheap Chapel Hill 3 Bedroom Apartments | $2,678 | $1,110 | $8,453 |
| Cheap Chapel Hill 4 Bedroom Apartments | $2,245 | $1,095 | $7,236 |
Browse Top Apartments in Chapel Hill
See all Apartments in Chapel HillExplore Chapel Hill
Chapel Hill, NC Local Guide

- Chapel Hill Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Chapel Hill, NC
Pricing Updated: 03/20/2026Current apartment rentals in the Chapel Hill, NC area range in price from $768 to $10,152 with an overall median price of $2,768. The three Chapel Hill neighborhoods with the lowest median rent pricing are Southern Village at $768, Downtown Chapel Hill at $768, and UNC Chapel Hill at $768. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Chapel Hill Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Southern Village | $1,680 | $768 | 160 |
| Downtown Chapel Hill | $1,728 | $768 | 37 |
| UNC Chapel Hill | $1,850 | $768 | 178 |
| Greater Chapel Hill | $1,865 | $768 | 2117 |
| University Place | $2,258 | $768 | 845 |
| Gimghoul Historic District | $2,891 | $768 | 775 |
| Meadowmont | $2,891 | $975 | 877 |
| Northside | $2,902 | $768 | 782 |
| Chapel Hill East | $2,932 | $768 | 824 |
| Cameron McCauley | $3,402 | $768 | 763 |
Cheapest Available Chapel Hill Apartments for Rent
 The cheapest available apartment rental in Chapel Hill, NC is a 1 Bed unit found at Carolina Spring Senior Apartments in the Triple Crown Estates neighborhood priced from $849. Berkshire 54 in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Chapel Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| Berkshire 54 | Barrington - Renovated | 1BR,1BA | $900 |
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $934 |
| Glenbrook East and West | The Brightleaf GWII 535 | 1BR,1BA | $947 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio,1BA | $958 |
| Lenox at Patterson Place | Dover | Studio,1BA | $975 |
| Sunstone Apartments | The Opal | 1BR,1BA | $1,007 |
| Poplar Place | A1 | 1BR,1BA | $1,011 |
Best Value Apartments for Rent in Chapel Hill, NC
As of March 20, 2026 the best value apartment in the Chapel Hill 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 Chapel Hill apartment is the C1 Model at The Apartments at Midtown 501 starting at $1,430 with a $1.24 price per square foot in the Sayward Drive neighborhood. Here is today’s list of the best values for Chapel Hill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| The Apartments at Midtown 501 | C1 | 3BR,2BA | $1.24 |
| Laurel Ridge Apartments | Rosemary | 2BR,1.5BA | $1.35 |
| Ashbrook Apartments | 2b/2b Georgetown B | 2BR,2BA | $1.49 |
| Booker Creek - Students save up to 10%! | Serenity at Booker Creek | 2BR,1.5BA | $1.37 |
| Carolina - Students save up to 10%! | Hatteras | 2BR,1.5BA | $1.45 |
| Sunstone Apartments | The Jade | 2BR,1BA | $1.45 |
| Avana 55Twelve | A2 | 1BR,1BA | $1.48 |
| Collins Crossing | b20b | 2BR,2BA | $1.45 |
| Berkshire 54 | Barington | 1BR,1BA | $1.33 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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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.
Chapel Hill Overview
Chapel Hill is the 16th-largest city in the state of North Carolina, with a population of over a half-million residents. It is one of the three cities that make up the Research Triangle, Durham and Raleigh are the other two cities. In 1959 the three cities were named the Research Triangle Park because of the park between Durham and Raleigh.
Why live in Chapel Hill, NC?
Chapel Hill has one of the lowest unemployment rates in the country and it is staying steady, because of the jobs related to the Research Triangle. Although it is a college town, it is filled with elegant small shops and restaurants, beautiful parks, and provides an upscale feel to its surroundings. Because Chapel Hill is surrounded by mountains, residents will experience a milder summer heat and cooler winter days. But the residential areas are settled on large woodsy lots which makes residents feel like they are living at a luxury resort.
Best Local Schools in Chapel Hill, NC
Morris Grove Elementary
East Chapel Hill High
Guy Phillips Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chapel Hill, NC Rentals by Map
See the most popular apartments and homes in Chapel Hill, NC
Frequently Asked Questions about Cheap Chapel Hill Apartments
What is a cheap apartment in Chapel Hill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Chapel Hill is under $1,011.
What is the price of a cheap apartment in Chapel Hill?
The cheapest apartment in Chapel Hill is Carolina Spring Senior Apartments which is listed at $849, while the average apartment in Chapel Hill costs $2,768.
What types of apartments are the cheapest in Chapel Hill?
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 3,779 regular apartments in Chapel Hill 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 Chapel Hill?
Cheap apartments in Chapel Hill have an average cost of $1,327 which is $1,441 cheaper than the average rent for all rentals in Chapel Hill.
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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.