
Cheap Apartments for Rent in Chapel Hill, NC from $400 with Washer/Dryer (65 Rentals)
Search the lowest-cost Apartments available for rent right now in Chapel Hill.


303 Smith Level Rd, Unit B14

303 Smith Level Rd, Unit E23

Room in Townhome on Philip's Square

303 Smith Level Rd, Unit 32

303 Smith Level Rd, Unit D24 - C

Total Monthly Price
Shadowood

Total Monthly Price
Sunstone Apartments

135 Kingsbury Dr

Glen Lennox North
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.

Link Apartments® Calyx

Laurel Ridge Apartments

PineGate - Students save up to 10%!

Sagebrook of Chapel Hill

Kingswood - Students save up to 10%!

Trinity Court Apartments

114 Wild Primrose Ln

The Apartments at Midtown 501

Total Monthly Price
1515 Partridgeberry Rd, Unit B

Blu on Farrington
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.

Link Apartments® Linden

Total Monthly Price
Notting Hill

Total Monthly Price
The Morgan at Chapel Hill

Bell Chapel Hill

Franklin Woods - Students: Save up to 10%!

1701 North

Atlas Blue Hill

Chapel Hill North

Total Monthly Price
The Hartley at Blue Hill

Trilogy Chapel Hill
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.

Environs Lofts at East 54

Timber Hollow

Short Term Furnished Luxury Studio

Rise Chapel Hill

Chapel View

Camden Governors Village

Crosstown at Chapel Hill

612 Hillsborough

Glenbrook East and West

West End Flats
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.

The Villages of Chapel Hill

Nova Chapel Hill

Trinity at the Hill

Estes Park - Students Save Up To 10%!

Royal Park - Students save up to 10%!

University Lake

Rock Creek Apartments

MAA Patterson

Ridgewood - Students save up to 10%!

Lenox 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.
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 | $1,509 | $958 | $3,737 |
| Chapel Hill 1 Bedroom Apartments | $1,694 | $843 | $5,149 |
| Chapel Hill 2 Bedroom Apartments | $1,992 | $1,050 | $4,608 |
| Chapel Hill 3 Bedroom Apartments | $2,703 | $1,140 | $9,103 |
| Chapel Hill 4 Bedroom Apartments | $1,594 | $1,140 | $2,700 |
Explore Chapel Hill
Chapel Hill, NC Local Guide
- Chapel Hill Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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.
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
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 $1,099.
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.
Articles, How-To's, and Tips

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.

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.

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.

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.