Cheap Apartments for Rent with Specials in Chapel Hill, NC from $400 (41 Rentals)

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Rental Listings with Specials.

Cheap Apartments in Chapel Hill.

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Shadowood
Rent Specials
$982 - $2,155
Total Monthly Price

Total Monthly Price

Base Rent
$982 - $2,155

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1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
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Sunstone Apartments
Rent Specials
$1,080 - $1,861
Total Monthly Price

Total Monthly Price

Base Rent
$1,080 - $1,861

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Sunstone Apartments

208 Conner DrChapel Hill, NC 27514
Student Housing
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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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Notting Hill
Rent Specials
$1,379 - $4,606
Total Monthly Price

Total Monthly Price

Base Rent
$1,379 - $4,606

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Varies
1 to 3 Bedroom Apartments Available Jun 20

Notting Hill

100 Drew Hill LnChapel Hill, NC 27514
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.

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Aura Fifty4
Rent Specials
$1,494 - $3,204
Total Monthly Price

Total Monthly Price

Base Rent
$1,494 - $3,204

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Available Now

Aura Fifty4

5580 Farrington RdChapel Hill, NC 27517
Student Housing
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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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Garrett West
Rent Specials
$1,177 - $2,102
Total Monthly Price

Total Monthly Price

Base Rent
$1,177 - $2,102

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1 to 3 Bedroom Apartments Available Now

Garrett West

4130 Garrett RdDurham, NC 27707
Student Housing
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  • Customer Reviewed
  • 3D Tour

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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Collins Crossing
Rent Specials
$1,189 - $1,391
Total Monthly Price

Total Monthly Price

Base Rent
$1,189 - $1,391

Total Monthly Price
Varies
2 to 3 Bedroom Apartments Available Now

Collins Crossing

501 Jones Ferry RdCarrboro, NC 27510
Student Housing
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Avana 55Twelve
Rent Specials
$1,223 - $5,972
Total Monthly Price

Total Monthly Price

Base Rent
$1,223 - $5,972

Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

Avana 55Twelve

5512 Sunlight DrDurham, NC 27707
Outdoors
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Autumn Woods
Rent Specials
$1,313 - $2,849
Total Monthly Price

Total Monthly Price

Base Rent
$1,313 - $2,849

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Jun 26

Autumn Woods

222 Old Fayetteville RdCarrboro, NC 27510
Student Housing
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  • Customer Reviewed
  • 3D Tour

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

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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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.

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Chapel Hill, NC
Population: 60,988

Ranked #618

in US Census Population by City

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

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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 Chateau Apartments which is listed at $949, while the average apartment in Chapel Hill costs $3,933.

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 2,906 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 $1,439 which is $2,494 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

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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.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.