
Cheap Apartments for Rent in Chapel Hill, NC from $650 with Swimming Pool (54 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.


303 Smith Level Rd, Unit 32

Link Apartments® Calyx

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

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Crosstown at Chapel Hill

Blu on Farrington

Carraway Village

Atlas Blue Hill

Environs Lofts at East 54

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Overture Chapel Hill

Trilogy Chapel Hill

Franklin Woods - Students: Save up to 10%!

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The Hartley at Blue Hill

1701 North
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.

Link Apartments® Linden

The Apartments at Midtown 501

Bell Chapel Hill

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The Morgan at Chapel Hill

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900 Willow

1001 Kingswood Dr, Unit I

Crossings @ 501 Apartments

The Villages of Chapel Hill

Nova Chapel Hill

West End Flats
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.

Chateau Apartments

Lenox at Patterson Place

Estes Park - Students Save Up To 10%!

University Lake

Royal Park - Students save up to 10%!

Rock Creek Apartments

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Collins Crossing

Ridgewood - Students save up to 10%!

The Bailey Apartments

The Reserve at Patterson Place
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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Bridges at Chapel Hill

MAA Patterson

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Haven at Patterson Place

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Autumn Woods

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Avana 55Twelve

Carolina - Students save up to 10%!

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Realm at Patterson Place

Ashbrook Apartments

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Garrett West

J501 Estates
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 |
|---|---|---|---|
| Chapel Hill Studio Apartments | $1,498 | $950 | $2,312 |
| Chapel Hill 1 Bedroom Apartments | $1,656 | $650 | $4,834 |
| Chapel Hill 2 Bedroom Apartments | $1,931 | $900 | $5,337 |
| Chapel Hill 3 Bedroom Apartments | $2,653 | $1,095 | $9,323 |
| 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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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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Read ArticleQuick Rent Budget Calculator
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, 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 $1,027.
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 $1,736.
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 2,882 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 $821 which is $915 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.

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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.