Cheap Apartments for Rent in Chapel Hill, NC from $400 (42 Rentals)

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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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Chapel Hill, NC Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Chapel Hill, NC

Pricing Updated: 06/26/2025

Current apartment rentals in the Chapel Hill, NC area range in price from $450 to $6,950 with an overall median price of $4,052. The three Chapel Hill neighborhoods with the lowest median rent pricing are Northside at $1,700, Southern Village at $725, and Cameron McCauley at $1,995. 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
Northside$2,025$1,7004
Southern Village$2,537$7251
Cameron McCauley$2,550$1,9952
Chapel Hill North$2,922$65010
Carolina North$3,200$65013
Estes$3,300$90012
Governors Club$3,400$7701
Chapel Hill East$4,800$90018
Downtown Chapel Hill$4,995$9005
University Place$4,995$1,0953

Cheapest Available Chapel Hill Apartments for Rent

 

The cheapest available apartment rental in Chapel Hill, NC is a 1 Bed unit found at Crossings @ 501 in the Downtown Durham neighborhood priced from $950. Carolina Spring Senior Apartments in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here is today’s list of the most affordable Chapel Hill apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$950
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
Chapel ViewThe Franklin1BR,1BA$1,045
Lenox at Patterson PlaceDoverStudio,1BA$1,050
The Villages of Chapel HillA21BR,1BA$1,076
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1,083
Nova Chapel HillRedwood1BR,1BA$1,085
Estes Park - Students save up to 10%!Grove at Estes Park1BR,1BA$1,100
Link Apartments® CalyxS1Studio,1BA$1,106
ShadowoodThe Oak1BR,1BA$1,118

Best Value Apartments for Rent in Chapel Hill, NC

As of June 27, 2025 the best value apartment in the Chapel Hill area is the $1.26 price per square foot Surrey Model at Notting Hill in the in the South Durham neighborhood starting from $1,494. The second greatest value Chapel Hill apartment is the 125 Wild Primrose Ln Model at 125 Wild Primrose Ln, Unit 125 starting at $1,595 with a $1.52 price per square foot in the Outer Chapel Hill 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.
Notting HillSurrey2BR,2BA$1.26
125 Wild Primrose Ln, Unit 125125 Wild Primrose Ln2BR,2.5BA$1.52
The Villages of Chapel HillA31BR,1.5BA$1.37
Laurel Ridge ApartmentsColumbia2BR,1BA$1.35
Carolina - Students save up to 10%!Hatteras2BR,1.5BA$1.49
Collins Crossingb20b2BR,2BA$1.53
Sunstone ApartmentsThe Emerald1BR,1BA$1.53
Berkshire 54Barrington - Renovated1BR,1BA$1.44
Trinity at the Hill1B1BR,1BA$1.45
Chapel ViewThe Franklin1BR,1BA$1.50

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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.

Chapel Hill, NC
Population: 60,988

Ranked #618

in US Census Population by City

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Pet Friendly Lifestyle
Chapel Hill, NC

Ranked #9

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Best Local Schools in
Chapel Hill, NC

School data provided by Great Schools

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

Explore Chapel Hill, NC Rentals by Map

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See the most popular apartments and homes in Chapel Hill, NC

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Getting Around Chapel Hill, NC

Walk Score®

42 / 100

Car-Dependent

Most errands require a car

Bike Score®

51 / 100

Bikeable

Some bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Chapel Hill Apartments

What is the Cheapest Studio apartment in Chapel Hill?

Currently the most affordable Cheap Studio Apartment in Chapel Hill is at Lenox at Patterson Place listed at $1,050.

How much is rent for a Cheap One Bedroom Chapel Hill Apartment?

The lowest price for a Cheap One Bedroom Chapel Hill Apartment is $950 at Crossings @ 501.

What is the lowest price for a Cheap Two Bedroom Chapel Hill Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chapel Hill is starting from $1,075 at Crossings @ 501.

What is the most affordable Chapel Hill Three Bedroom Apartment?

The best deal on a cheap Chapel Hill Three Bedroom Apartment rental is at Dobbins Hill Apartment Homes and starts from $1,363.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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