303 Smith Level Rd
Chapel HillNC27516
Cheap Apartments for Rent in Chapel Hill, NC from $400 (106 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.
303 Smith Level Rd, Unit B14
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit E23
303 Smith Level Rd
Chapel HillNC27516
Room in Townhome on Philip's Square
118 Philip's Sq
Chapel HillNC27516
303 Smith Level Rd, Unit 32
303 Smith Level Rd
Chapel HillNC27516
303 Smith Level Rd, Unit D24 - C
303 Smith Level Rd
Chapel HillNC27516
907 Oak Tree Dr
Chapel HillNC27517
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Rent Specials
$876 - $2,155
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$876 - $2,155
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Shadowood
110 Piney Mountain RdChapel Hill, NC 27514
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$911 - $1,931
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
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$911 - $1,931
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Sunstone Apartments
208 Conner DrChapel Hill, NC 27514
135 Kingsbury Dr
Chapel HillNC27514
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.
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$1,100
Total Monthly Price
1 Bedroom Apartment Available Jun 26Total Monthly Price
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$1,100
Total Monthly Price
$1,100
810 Greenwood Rd, Unit Mother-in-law apartment
810 Greenwood RdChapel Hill, NC 27514
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$1,111 - $4,2321 to 3 Bedroom Apartments Available Jun 27
Glen Lennox North
140 Hamilton RdChapel Hill, NC 27517
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Rent Specials
$1,133 - $4,262Studio to 2 Bedroom Apartments Available Now
Link Apartments® Calyx
55 Maxwell RdChapel Hill, NC 27517
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Rent Specials
$1,135 - $1,9951 to 3 Bedroom Apartments Available Now
Laurel Ridge Apartments
1100 W Highway 54 BypChapel Hill, NC 27516
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Rent Specials
$1,135 - $1,9551 to 2 Bedroom Apartments Available Now
PineGate - Students save up to 10%!
100 Pinegate CirChapel Hill, NC 27514
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Rent Specials
$1,199 - $1,5681 to 2 Bedroom Apartments Available Jun 20
Sagebrook of Chapel Hill
103 Melville LoopChapel Hill, NC 27514
1004 Kingswood Dr, Unit 1004 b kingswood dr. Chapel hill
1004 Kingswood Dr
Chapel HillNC27517
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Rent Specials
$1,225 - $1,8901 to 2 Bedroom Apartments Available Now
Kingswood - Students save up to 10%!
1105 Highway 54 BypassChapel Hill, NC 27516
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Rent Specials
$1,250 - $1,8501 to 3 Bedroom Apartments Available Now
Trinity Court Apartments
751 Trinity CtChapel Hill, NC 27516
114 Wild Primrose Ln
Chapel HillNC27514
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.
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$1,273 - $3,4291 to 3 Bedroom Apartments Available Now
The Apartments at Midtown 501
545 Ashley CtChapel Hill, NC 27514
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$1,275
Total Monthly Price
2 Bedroom Apartment Available Aug 1Total Monthly Price
Base Rent
$1,275
Total Monthly Price
$1,275
1515 Partridgeberry Rd, Unit B
1515 Partridgeberry RdChapel Hill, NC 27516
1617 Old Oxford Rd
Chapel HillNC27514
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Rent Specials
$1,357 - $2,961Studio to 3 Bedroom Apartments Available Now
Blu on Farrington
5840 Farrington RdChapel Hill, NC 27517
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$1,363 - $3,9251 to 2 Bedroom Apartments Available Now
Link Apartments® Linden
411 Flemington RdChapel Hill, NC 27514
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Rent Specials
$1,366 - $4,688
Total Monthly Price
1 to 3 Bedroom Apartments Available Jun 20Total Monthly Price
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$1,366 - $4,688
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Notting Hill
100 Drew Hill LnChapel Hill, NC 27514
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Rent Specials
$1,375 - $2,216
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,375 - $2,216
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The Morgan at Chapel Hill
100 Spring Meadow DrChapel Hill, NC 27517
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Rent Specials
$1,385 - $3,255Studio to 2 Bedroom Apartments Available Now
Bell Chapel Hill
1300 Fordham BlvdChapel Hill, NC 27514
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$1,3952 Bedroom Apartments Available Now
1416 Old Lystra Rd, Unit 3
1416 Old Lystra RdChapel Hill, NC 27517
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Rent Specials
$1,405 - $2,2151 to 2 Bedroom Apartments Available Now
Franklin Woods - Students: Save up to 10%!
1521 E Franklin StChapel Hill, NC 27514
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.
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Rent Specials
$1,414 - $2,0501 to 3 Bedroom Apartments Available Jul 8
1701 North
1701 Martin Luther King Jr BlvdChapel Hill, NC 27516
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Rent Specials
$1,444 - $6,884Studio to 3 Bedroom Apartments Available Now
Atlas Blue Hill
1301 Fordham BlvdChapel Hill, NC 27514
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Rent Specials
$1,446 - $5,774Studio to 2 Bedroom Apartments Available Now
900 Willow
900 Willow DrChapel Hill, NC 27514
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Rent Specials
$1,450 - $2,447Studio to 3 Bedroom Apartments Available Now
Chapel Hill North
200 Perkins DrChapel Hill, NC 27514
200 Purefoy Rd
Chapel HillNC27514
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Rent Specials
$1,464 - $4,094
Total Monthly Price
Studio to 3 Bedroom Apartments Available NowTotal Monthly Price
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$1,464 - $4,094
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The Hartley at Blue Hill
625 S Elliott RdChapel Hill, NC 27517
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Rent Specials
$1,473 - $2,987Studio to 3 Bedroom Apartments Available Now
Trilogy Chapel Hill
1000-2000 Novus LnChapel Hill, NC 27514
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Rent Specials
$1,474 - $3,5611 to 2 Bedroom Apartments Available Now
Environs Lofts at East 54
5000 Environ WayChapel Hill, NC 27517
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Rent Specials
$1,500 - $1,7501 Bedroom Apartments Available Now
University Apartments Chapel Hill
600 Martin Luther King Jr BlvdChapel Hill, NC 27514
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1 to 4 Bedroom Apartments
Elliot Wood Apartments
106 N Elliott RdChapel Hill, NC 27514
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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Studio Apartments
Trustee Corner
115 N Merritt Mill RdChapel Hill, NC 27516
210 Purefoy Rd
Chapel HillNC27514
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2 to 3 Bedroom Apartments
Landings at Winmore Apartments
100 Andys LnChapel Hill, NC 27516
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1 to 2 Bedroom Apartments
Timber Hollow
101 Timber Hollow CtChapel Hill, NC 27514
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Studio Apartments
Short Term Furnished Luxury Studio
11404 Governors DrChapel Hill, NC 27517
D2 Shepherd Ln
Chapel HillNC27514
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1 to 2 Bedroom Apartments
Rise Chapel Hill
200 Westminster DrChapel Hill, NC 27514
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1 to 2 Bedroom Apartments
Chapel View
2701 Homestead RdChapel Hill, NC 27516
500 Umstead Dr
Chapel HillNC27516
243 Cedar Terrace Rd
Chapel HillNC27516
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.
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 | $1,509 | $958 | $3,737 |
| Cheap Chapel Hill 1 Bedroom Apartments | $1,694 | $843 | $5,149 |
| Cheap Chapel Hill 2 Bedroom Apartments | $1,992 | $1,050 | $4,608 |
| Cheap Chapel Hill 3 Bedroom Apartments | $2,703 | $1,140 | $9,103 |
| Cheap Chapel Hill 4 Bedroom Apartments | $1,594 | $1,140 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Chapel Hill
See all Apartments in Chapel HillExplore Chapel Hill
Chapel Hill, NC Local Guide
Written By:
Staff Writer Local Guide Expert
- Chapel Hill Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Chapel Hill, NC
Pricing Updated: 06/18/2026Current apartment rentals in the Chapel Hill, NC area range in price from $843 to $15,270 with an overall median price of $3,815. The three Chapel Hill neighborhoods with the lowest median rent pricing are Southern Village at $936, University Place at $965, and Governors Club at $1,395. 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 | $1,650 | $936 | 130 |
| University Place | $2,417 | $965 | 568 |
| Governors Club | $2,832 | $1,395 | 1 |
| Meadowmont | $3,251 | $850 | 516 |
| Gimghoul Historic District | $3,644 | $958 | 542 |
| Northside | $3,674 | $936 | 523 |
| Cameron McCauley | $4,000 | $936 | 516 |
| Chapel Hill East | $4,000 | $850 | 532 |
| Downtown Chapel Hill | $4,000 | $1,060 | 34 |
| Greater Chapel Hill | $4,000 | $843 | 1528 |
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. Shadowood in the Triple Crown Estates neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $928. 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 |
| Shadowood | The Oak | 1BR,1BA | $928 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $949 |
| Sunstone Apartments | The Opal | 1BR,1BA | $967 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $999 |
| Berkshire 54 | Lenox | 2BR,1BA | $1,010 |
| Nova Chapel Hill | Redwood | 1BR,1BA | $1,015 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,060 |
| The Villages of Chapel Hill | The Dover - One Bedroom Townhome | 1BR,1BA | $1,076 |
| River View | 1A | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Chapel Hill, NC
As of June 18, 2026 the best value apartment in the Chapel Hill area is the $1.07 price per square foot Lenox R2 Model at Berkshire 54 in the in the Triple Crown Estates neighborhood starting from $1,110. The second greatest value Chapel Hill apartment is the Emerald Model at Carolina - Students save up to 10%! starting at $1,445 with a $1.40 price per square foot in the Triple Crown Estates 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. |
|---|---|---|---|
| Berkshire 54 | Lenox R2 | 2BR,1BA | $1.07 |
| Carolina - Students save up to 10%! | Emerald | 2BR,1.5BA | $1.40 |
| Glenbrook East and West | The Eno GWII 1025 | 2BR,2BA | $1.42 |
| Chapel View | The Carolina | 2BR,2BA | $1.48 |
| The Apartments at Midtown 501 | A1 | 1BR,1BA | $1.38 |
| Laurel Ridge Apartments | Columbia | 2BR,1BA | $1.39 |
| Collins Crossing | b20b | 2BR,2BA | $1.47 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1.43 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.19 |
| 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.
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Real 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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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
East Chapel Hill High
Chapel Hill-Carrboro City School District
Public School - Grades 9-12 (1447)
9 out of 10
Guy Phillips Middle School
Chapel Hill-Carrboro City School District
Public School - Grades 6-8 (609)
8 out of 10
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 $1,099.
What is the price of a cheap apartment in Chapel Hill?
The cheapest apartment in Chapel Hill is Shadowood which is listed at $876, while the average apartment in Chapel Hill costs $3,815.
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 2,943 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 $939 which is $2,876 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.
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