Cheap Apartments for Rent in Chapel Hill, NC from $400 (75 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Chapel Hill.

close
View Me
101 Woodcrest Dr, Unit B
$800
Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800
1 Bedroom Apartment Available Now

101 Woodcrest Dr, Unit B

101 Woodcrest DrChapel Hill, NC 27516
Affordability
  • Smoke Free
close
View Me
Sunstone Apartments
Rent Specials
$1,007 - $1,773
Total Monthly Price

Total Monthly Price

Base Rent
$981 - $1,747
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Shadowood
Rent Specials
$1,033 - $1,585
Total Monthly Price

Total Monthly Price

Base Rent
$998 - $1,550
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Crosstown at Chapel Hill
Rent Specials
$1,033 - $3,421
Total Monthly Price

Total Monthly Price

Base Rent
$980 - $3,368
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Crosstown at Chapel Hill

6123 Farrington RdChapel Hill, NC 27517
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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.

close
View Me
The Morgan at Chapel Hill
Rent Specials
$1,360 - $2,258
Total Monthly Price

Total Monthly Price

Base Rent
$1,299 - $2,197
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Morgan at Chapel Hill

100 Spring Meadow DrChapel Hill, NC 27517
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
The Hartley at Blue Hill
Rent Specials
$1,428 - $3,402
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $3,353
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Hartley at Blue Hill

625 S Elliott RdChapel Hill, NC 27517
Corporate Housing
  • Verified
  • Customer Reviewed

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

close
View Me
Notting Hill
Rent Specials
$1,475 - $2,908
Total Monthly Price

Total Monthly Price

Base Rent
$1,433 - $2,866
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Notting Hill

100 Drew Hill LnChapel Hill, NC 27514
Student Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
close
View Me
Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
close
View Me
Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

close
View Me
612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

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

Photo of Staff Writer  - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chapel Hill, NC

Pricing Updated: 03/20/2026

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
Southern Village$1,680$768160
Downtown Chapel Hill$1,728$76837
UNC Chapel Hill$1,850$768178
Greater Chapel Hill$1,865$7682117
University Place$2,258$768845
Gimghoul Historic District$2,891$768775
Meadowmont$2,891$975877
Northside$2,902$768782
Chapel Hill East$2,932$768824
Cameron McCauley$3,402$768763

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 ListingModel NameBed/BathPriced From
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$849
Berkshire 54Barrington - Renovated1BR,1BA$900
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$934
Glenbrook East and WestThe Brightleaf GWII 5351BR,1BA$947
The Villages of Chapel HillThe Brighton - Cozy Studio Apartment HomeStudio,1BA$958
Lenox at Patterson PlaceDoverStudio,1BA$975
Sunstone ApartmentsThe Opal1BR,1BA$1,007
Poplar PlaceA11BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shortbread LoftsC13BR,3BA$0.94
The Apartments at Midtown 501C13BR,2BA$1.24
Laurel Ridge ApartmentsRosemary2BR,1.5BA$1.35
Ashbrook Apartments2b/2b Georgetown B2BR,2BA$1.49
Booker Creek - Students save up to 10%!Serenity at Booker Creek2BR,1.5BA$1.37
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.45
Sunstone ApartmentsThe Jade2BR,1BA$1.45
Avana 55TwelveA21BR,1BA$1.48
Collins Crossingb20b2BR,2BA$1.45
Berkshire 54Barington1BR,1BA$1.33

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

Read Article
Decorative image

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 Article
Decorative image

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
Decorative image

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.

Read Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

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.

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

Explore Chapel Hill, NC Rentals by Map

View Map
Chapel Hill, NC Apartments Map
View Map
Chapel Hill, NC Rental Homes Map

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

decorative image for Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.