
Cheap Apartments for Rent in the Carolina North Neighborhood of Chapel Hill, NC from $775 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in the Carolina North area of Chapel Hill.


Room in Townhome on Golden Gate Ln

Room in House on Hillsborough St

Total Monthly Price
Shadowood

1701 North

University Apartments Chapel Hill

Trustee Corner
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.

Landings at Winmore Apartments

Timber Hollow

Chapel View

Rise Chapel Hill

500 Umstead Dr

612 Hillsborough

875 M.L.K. Jr Blvd
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.

222 Ransom St

108 Pine St, Unit 6

West End Flats

Chateau Apartments

Estes Park - Students Save Up To 10%!

Ridgewood - Students save up to 10%!

Carolina Spring Senior Apartments
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.

112 Bim St

202 W Poplar Ave

109 W Poplar Ave

137 Oak St, Unit 137 Oak St.

114 Bim St

Total Monthly Price
400 Davie Rd, Unit 31

Berkshire 54
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.

124 Fidelity St

700 N Greensboro St
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 1 Bedroom Apartments | $1,787 | $1,075 | $2,434 |
| Carolina North 2 Bedroom Apartments | $2,197 | $1,021 | $3,548 |
| Carolina North 3 Bedroom Apartments | $3,589 | $1,395 | $6,768 |
| Carolina North 4 Bedroom Apartments | $2,030 | $1,310 | $3,864 |
Browse Apartments in this Neighborhood
There are currently 30 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
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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 Berkshire 54 priced from $910. West End Flats has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,028. Here are the most affordable Carolina North apartments for rent in Chapel Hill, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Berkshire 54 | Barrington R2 | 1BR,1BA | $910 |
| West End Flats | 2 Bedroom, 1 Bathroom | 2BR,1BA | $1,028 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1,049 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,075 |
| Shadowood | The Oak | 1BR,1BA | $1,087 |
| Ridgewood - Students save up to 10%! | Melrose | 1BR,1BA | $1,160 |
| Carolina Spring Senior Apartments | One Bedroom | 1BR,1BA | $1,181 |
| Chapel View | The Franklin | 1BR,1BA | $1,183 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1,270 |
| Chapel Ridge | 1 BEDROOM, 1 BATH | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Carolina North, NC
As of August 30, 2026 the best value apartment in the Carolina North area is the $1.30 price per square foot 7BR/3.0BA Model at 503 N. Greensboro in the in the Triple Crown Estates neighborhood starting from $2,600. The second greatest value Carolina North apartment is the 502 Whitaker Street Model at 502 Whitaker Street, Unit B starting at $1,675 with a $1.12 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. |
|---|---|---|---|
| 503 N. Greensboro | 7BR/3.0BA | 7BR,3BA | $1.30 |
| 502 Whitaker Street, Unit B | 502 Whitaker Street | 3BR,1BA | $1.12 |
| Trinity Court Apartments | 3x2 | 3BR,2BA | $1.55 |
| Cedar Court | 2 Beds, 1.5 Baths | 2BR,1.5BA | $1.51 |
| West End Flats | 2 Bedroom, 2 Bathroom | 2BR,2BA | $1.28 |
| Berkshire 54 | Barington | 1BR,1BA | $1.24 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Solano at Chapel Hill | A2 | 1BR,1BA | $1.85 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1.81 |
| Chapel View | The Franklin | 1BR,1BA | $1.70 |
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.
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 Berkshire 54 which is listed at $910, while the average apartment in Carolina North costs $1,938.
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 63 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 $429 which is $1,509 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.