
Cheap Apartments for Rent in the Carolina North Neighborhood of Chapel Hill, NC from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carolina North area of Chapel Hill.


Shadowood

120 S Graham St

Rise Chapel Hill

1701 North

University Apartments Chapel Hill

400 1/2 McCauley St
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.

106 Basnight Ln

307 Homestead Rd

500 Umstead Dr

529 Hillsborough St

108 Pine St, Unit 8
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.

Carolina Spring Senior Apartments

West End Flats

Estes Park - Students Save Up To 10%!

Chateau Apartments

Ridgewood - Students save up to 10%!

106 Fidelity/109 W Poplar

121 Westview Dr
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Carolina North, Chapel Hill, NC Local Guide

How much does it cost to rent an apartment in Carolina North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carolina North Studio Apartments | $2,503 | $1,728 | $3,278 |
| Carolina North 1 Bedroom Apartments | $1,679 | $899 | $3,688 |
| Carolina North 2 Bedroom Apartments | $2,215 | $1,025 | $4,868 |
| Carolina North 3 Bedroom Apartments | $3,253 | $1,110 | $6,377 |
| Carolina North 4 Bedroom Apartments | $2,347 | $1,095 | $7,236 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Carolina North Neighborhood of Chapel Hill, NC.
See all Apartments in Chapel HillExplore Chapel Hill
Carolina North, Chapel Hill, NC Local Guide
- Nearby Chapel Hill neighborhoods
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Cheapest Available Carolina North Apartments for Rent
 The cheapest available apartment rental in the Carolina North area of Chapel Hill, NC is a 1 Bed unit found at Carolina Spring Senior Apartments priced from $849. West End Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $939. Here are the most affordable Carolina North apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $849 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $939 |
| Berkshire 54 | Cranwell R2 | 2BR,1BA | $949 |
| Shadowood | The Oak | 1BR,1BA | $950 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,085 |
Best Value Apartments for Rent in Carolina North, NC
As of December 25, 2025 the best value apartment in the Carolina North area is the $0.94 price per square foot C1 Model at Shortbread Lofts in the in the Triple Crown Estates neighborhood starting from $1,140. The second greatest value Carolina North apartment is the The Carolina Model at Chapel View starting at $1,309 with a $1.40 price per square foot in the Triple Crown Estates neighborhood. Here is today’s list of the best values for Carolina North apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Shortbread Lofts | C1 | 3BR,3BA | $0.94 |
| Chapel View | The Carolina | 2BR,2BA | $1.40 |
| Berkshire 54 | Barrington R2 | 1BR,1BA | $1.48 |
| Chateau Apartments | 1x1 Renovated | 1BR,1BA | $1.58 |
| 1701 North | Hansborough | 1BR,1BA | $1.85 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1.63 |
| West End Flats | 1 Bedroom, 1 Bathroom | 1BR,1BA | $1.72 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1.51 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $2.01 |
| Shadowood | The Oak | 1BR,1BA | $1.78 |
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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Pet Friendly LifestyleCarolina North, Chapel Hill, NC
Ranked #19
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Carolina North, Chapel Hill, NC
Chapel Hill High
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of neighborhoods, metropolitan areas, and rental properties across North Carolina and customized analysis for Central Chapel Hill. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including our Star Ratings to compare for convenient access to the outdoors, luxury amenities, kid and pet-friendly communities, availability of transit options, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Carolina North Apartments
What is the price of a cheap apartment in Carolina North?
The cheapest apartment in Carolina North is Carolina Spring Senior Apartments which is listed at $849, while the average apartment in Carolina North costs $3,755.
What types of apartments are the cheapest in Carolina North?
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 65 regular apartments in Carolina North 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 Carolina North?
Cheap apartments in Carolina North have an average cost of $1,352 which is $2,403 cheaper than the average rent for all rentals in Carolina North.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!




