Cheap Apartments for Rent in the Carolina North Neighborhood of Chapel Hill, NC from $700 (19 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Carolina North area of Chapel Hill.

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Shadowood
Rent Specials
$1,033 - $1,619
Total Monthly Price

Total Monthly Price

Base Rent
$998 - $1,584
Required Monthly Fees
$35

Total Monthly Price
$1,033 - $1,619
1 to 2 Bedroom Apartments Available Now

Shadowood

110 Piney Mountain RdChapel Hill, NC 27514
Student Housing
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1701 North
Rent Specials
$1,405 - $2,799
Total Monthly Price

Total Monthly Price

Base Rent
$1,380 - $2,774
Required Monthly Fees
$25

Total Monthly Price
$1,405 - $2,799
1 to 3 Bedroom Apartments Available Now

1701 North

1701 Martin Luther King Jr BlvdChapel Hill, NC 27516
Student Housing
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  • 3D Tour
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516

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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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Timber Hollow
1 to 2 Bedroom Apartments

Timber Hollow

101 Timber Hollow CtChapel Hill, NC 27514
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Chapel View
1 to 2 Bedroom Apartments

Chapel View

2701 Homestead RdChapel Hill, NC 27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

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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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Chateau Apartments
$1,049 - $1,260
Total Monthly Price

Total Monthly Price

Base Rent
$1,039 - $1,250
Required Monthly Fees
$10

Total Monthly Price
$1,049 - $1,260
1 Bedroom Apartments Available Now

Chateau Apartments

201 Nc Highway 54Carrboro, NC 27510
Family Friendly
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  • 3D Tour

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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

Cheapest Available Carolina North Apartments for Rent

 

The cheapest available apartment rental in the Carolina North area of Chapel Hill, NC is a 2 Beds unit found at West End Flats priced from $934. Berkshire 54 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $949. Here are the most affordable Carolina North apartments for rent in Chapel Hill, NC:

Apartment ListingModel NameBed/BathPriced From
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$934
Berkshire 54Cranwell R22BR,1BA$949
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$999
ShadowoodThe Oak1BR,1BA$1,033
Chateau Apartments1x1 Renovated1BR,1BA$1,049

Best Value Apartments for Rent in Carolina North, NC

As of March 02, 2026 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 Inviting 3 Bedroom Apartment in the Heart of Ca... Model at The Wilson Apartments starting at $1,595 with a $1.72 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Shortbread LoftsC13BR,3BA$0.94
The Wilson ApartmentsInviting 3 Bedroom Apartment in the Heart of Ca...3BR,1BA$1.72
Berkshire 54Barington1BR,1BA$1.33
Union Chapel HillB22BR,2BA$1.93
Chateau ApartmentsOne Bedroom One Bath Garden1BR,1BA$1.38
Solano at Chapel HillA11BR,1BA$1.91
Rise Chapel HillA1 Classic1BR,1BA$1.63
Chapel ViewThe Franklin1BR,1BA$1.57
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1.68
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.77

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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The 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.

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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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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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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 Berkshire 54 which is listed at $999, while the average apartment in Carolina North costs $3,752.

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 97 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 $1,460 which is $2,292 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

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.