
Cheap Apartments for Rent in Chapel Hill, NC from $650 (122 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.


Room in Townhome on Golden Gate Ln

303 Smith Level Rd

Room in Apartment on Ashley Forest Rd

Room in Single Family Home on Hillsborough St

303 Smith Level Rd, Unit 32

907 Oak Tree Dr

Link Apartments® Calyx

215 N Graham St

104 Bay Colony Ct
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

Dobbins Hill Apartment Homes

3290 S Columbia St

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Sunstone Apartments

Glen Lennox Apartments

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Shadowood

PineGate - Students save up to 10%!

Kingswood - Students save up to 10%!

Laurel Ridge Apartments

Chapel Hill North

Sagebrook of Chapel Hill
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

1521 Partridgeberry Rd

124 Wild Primrose Ln, Unit 124

University Apartments Chapel Hill

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Crosstown at Chapel Hill

Blu on Farrington

Carraway Village

Atlas Blue Hill

207 Ashley Forest Rd, Unit 207

Environs Lofts at East 54

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Overture Chapel Hill
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Trilogy Chapel Hill

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The Hartley at Blue Hill

Franklin Woods - Students: Save up to 10%!

1617 Old Oxford Rd

1701 North

Link Apartments® Linden

The Apartments at Midtown 501

Bell Chapel Hill

34 N Circle Dr

207 Purefoy Rd
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The Morgan at Chapel Hill

93 Lystra Hills Ln

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900 Willow

2214 Daley Rd

Elliot Wood Apartments

Trustee Corner

The Ramsey

107A Stinson St Ext

Landings at Winmore Apartments

Timber Hollow
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.
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 | $1,498 | $950 | $2,312 |
| Cheap Chapel Hill 1 Bedroom Apartments | $1,656 | $650 | $4,834 |
| Cheap Chapel Hill 2 Bedroom Apartments | $1,931 | $900 | $5,337 |
| Cheap Chapel Hill 3 Bedroom Apartments | $2,653 | $1,095 | $9,323 |
| Cheap Chapel Hill 4 Bedroom Apartments | $2,487 | $1,295 | $5,180 |
Browse Top Apartments in Chapel Hill
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Chapel Hill, NC Local Guide

- Chapel Hill Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Chapel Hill, NC
Pricing Updated: 09/17/2026Current apartment rentals in the Chapel Hill, NC area range in price from $650 to $14,512 with an overall median price of $1,737. The three Chapel Hill neighborhoods with the lowest median rent pricing are Southern Village at $1,395, Downtown Chapel Hill at $1,407, and UNC Chapel Hill at $1,465. 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 | $1,395 | $950 | 138 |
| Downtown Chapel Hill | $1,407 | $995 | 23 |
| UNC Chapel Hill | $1,465 | $800 | 146 |
| Greater Chapel Hill | $1,599 | $650 | 1675 |
| University Place | $1,755 | $650 | 610 |
| Northside | $1,758 | $650 | 574 |
| Gimghoul Historic District | $1,793 | $650 | 563 |
| Cameron McCauley | $1,794 | $950 | 573 |
| Meadowmont | $1,808 | $650 | 614 |
| Chapel Hill East | $1,811 | $650 | 611 |
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 Apartments in the Downtown Durham neighborhood priced from $900. Berkshire 54 in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $910. Here is today’s list of the most affordable Chapel Hill apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Crossings @ 501 Apartments | Creekview Classic - Call for Availability | 1BR, 1BA | $900 |
| Berkshire 54 | Barrington R2 | 1BR, 1BA | $910 |
| The Ramsey | 1BR/1.0BA | 1BR, 1BA | $950 |
| Link Apartments® Calyx | S1 | Studio, 1BA | $950 |
| The Villages of Chapel Hill | The Brighton - Cozy Studio Apartment Home | Studio, 1BA | $958 |
| Glenbrook East and West | The Brightleaf GW 700 | 1BR, 1BA | $977 |
| Nova Chapel Hill | Redwood | 1BR, 1BA | $980 |
| Poplar Place | A1 | 1BR, 1BA | $997 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR, 1BA | $1,013 |
| Dobbins Hill Apartment Homes | One Bed, One Bath | 1BR, 1BA | $1,019 |
Best Value Apartments for Rent in Chapel Hill, NC
As of September 17, 2026 the best value apartment in the Chapel Hill area is the $1.30 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the Triple Crown Estates neighborhood starting from $2,600. The second greatest value Chapel Hill apartment is the 1BR/1.0BA Model at The Ramsey in the Govenors Village neighborhood starting at $950 with a $0.60 price per square foot. 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. |
|---|---|---|---|
| 503 N. Greensboro | 7BR/3.0BA | 7BR, 3BA | $1.30 |
| The Ramsey | 1BR/1.0BA | 1BR, 1BA | $0.60 |
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR, 1BA | $1.10 |
| J501 Estates | Barcelona | 2BR, 2BA | $1.39 |
| Poplar Place | B1 | 2BR, 1BA | $1.32 |
| Carolina - Students save up to 10%! | Hatteras | 2BR, 1.5BA | $1.42 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR, 2BA | $1.27 |
| Berkshire 54 | Barington | 1BR, 1BA | $1.24 |
| Laurel Ridge Apartments | Laurel | 1BR, 1BA | $1.41 |
| Chateau Apartments | One Bedroom | 1BR, 1BA | $1.31 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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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, NCPopulation: 60,988
Ranked #618
in US Census Population by City
Best Local Schools in Chapel Hill, NC
Glenwood 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 $1,019.
What is the price of a cheap apartment in Chapel Hill?
The cheapest apartment in Chapel Hill is Crossings @ 501 Apartments which is listed at $900, while the average apartment in Chapel Hill costs $1,737.
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 2,917 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 $808 which is $929 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

Durham's Best & Brightest: Insider Tips on Universities and Student Living in Nearby Apartments in Durham
Written by: Billy K
I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.