
Cheap Apartments for Rent in Chapel Hill, NC from $400 (109 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.


303 Smith Level Rd, Unit C11

Room in Townhome on Philip's Square

303 Smith Level Rd, Unit 32

907 Oak Tree Dr

Total Monthly Price
Sunstone Apartments

Link Apartments® Calyx

3290 S Columbia St

PineGate - Students save up to 10%!

Total Monthly Price
Shadowood
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

Kingswood - Students save up to 10%!

Glen Lennox Apartments

Laurel Ridge Apartments

Sagebrook of Chapel Hill

The Apartments at Midtown 501

Total Monthly Price
Notting Hill

Trinity Court Apartments

1521 Partridgeberry Rd, Unit B

Trilogy Chapel Hill

Total Monthly Price
Crosstown at 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.

Atlas Blue Hill

Chapel Hill North

1701 North

Total Monthly Price
The Hartley at Blue Hill

Blu on Farrington

University Apartments Chapel Hill

1416 Old Lystra Rd, Unit 3

1416 Old Lystra Rd, Unit 6

207 Ashley Forest Rd, Unit 207

Environs Lofts at East 54
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.

Link Apartments® Linden

Carraway Village

Booker Creek - Students save up to 10%!

Franklin Woods - Students: Save up to 10%!

Bell Chapel Hill

Cosgrove Hill

Total Monthly Price
900 Willow

104 Lystra Hills Ln

Elliot Wood Apartments

Trustee Corner
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.

210 Purefoy Rd

Landings at Winmore Apartments

Timber Hollow

Short Term Furnished Luxury Studio

Rise Chapel Hill

303 Homestead Rd

2 Shepherd Ln

7 Shepherd Ln

1002 Willow Dr

Chapel View
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 | $1,495 | $950 | $3,160 |
| Cheap Chapel Hill 1 Bedroom Apartments | $1,672 | $800 | $4,786 |
| Cheap Chapel Hill 2 Bedroom Apartments | $1,961 | $1,050 | $4,722 |
| Cheap Chapel Hill 3 Bedroom Apartments | $2,709 | $1,395 | $9,122 |
| Cheap Chapel Hill 4 Bedroom Apartments | $1,962 | $1,310 | $3,829 |
Browse Top Apartments in Chapel Hill
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Chapel Hill, NC Local Guide

- Chapel Hill Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Chapel Hill, NC
Pricing Updated: 08/02/2026Current apartment rentals in the Chapel Hill, NC area range in price from $800 to $15,896 with an overall median price of $1,737. The three Chapel Hill neighborhoods with the lowest median rent pricing are Downtown Chapel Hill at $1,395, Southern Village at $1,411, 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 |
|---|---|---|---|
| Downtown Chapel Hill | $1,395 | $1,060 | 20 |
| Southern Village | $1,411 | $950 | 104 |
| UNC Chapel Hill | $1,465 | $800 | 107 |
| Greater Chapel Hill | $1,603 | $800 | 1473 |
| Northside | $1,745 | $931 | 521 |
| University Place | $1,774 | $931 | 524 |
| Cameron McCauley | $1,787 | $931 | 521 |
| Estes | $1,796 | $800 | 496 |
| Gimghoul Historic District | $1,796 | $931 | 509 |
| Meadowmont | $1,798 | $800 | 555 |
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 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $925 |
| Sunstone Apartments | The Opal | 1BR,1BA | $931 |
| Link Apartments® Calyx | S1-A | Studio,1BA | $950 |
| The Villages of Chapel Hill | The Westchester - Two Bedroom Townhome | 2BR,1BA | $1,050 |
| Trinity at the Hill | 1A | 1BR,1BA | $1,050 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1,059 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| The Bailey Apartments | A1 | 1BR,1BA | $1,068 |
Best Value Apartments for Rent in Chapel Hill, NC
As of August 03, 2026 the best value apartment in the Chapel Hill area is the $1.33 price per square foot Chaucer Model at Notting Hill in the in the South Durham neighborhood starting from $1,776. The second greatest value Chapel Hill apartment is the Kenan Model at Laurel Ridge Apartments starting at $1,755 with a $1.39 price per square foot in the Lafayette 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. |
|---|---|---|---|
| Notting Hill | Chaucer | 3BR,2BA | $1.33 |
| Laurel Ridge Apartments | Kenan | 3BR,2BA | $1.39 |
| Cosgrove Hill | B2 | 2BR,2BA | $1.43 |
| J501 Estates | Barcelona | 2BR,2BA | $1.42 |
| Glenbrook East and West | The Eno GWII 1025 | 2BR,2BA | $1.43 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.31 |
| Berkshire 54 | Barington | 1BR,1BA | $1.33 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.16 |
| Trinity at the Hill | 1B | 1BR,1BA | $1.40 |
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.
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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.
Chapel Hill, NCPopulation: 60,988
Ranked #618
in US Census Population by City
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 $1,068.
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 2,315 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 $831 which is $906 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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.