Cheap Apartments for Rent in the Carolina North Neighborhood of Chapel Hill, NC from $700 (24 Rentals)

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

property at 120 S Graham St

120 S Graham St

Chapel HillNC27516
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Trustee Corner
Studio Apartments

Trustee Corner

115 N Merritt Mill RdChapel Hill, NC 27516
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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
property at 500 Umstead Dr

500 Umstead Dr

Chapel HillNC27516
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612 Hillsborough
2 Bedroom Apartments

612 Hillsborough

612 Hillsborough StChapel Hill, NC 27514
  • Utilities Included

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 Carolina Spring Senior Apartments priced from $799. 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
Carolina Spring Senior ApartmentsTwo Bedroom2BR,1BA$799
Berkshire 54Cranwell R22BR,1BA$949
ShadowoodThe Oak1BR,1BA$1,015
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1,025
West End Flats2 Bedroom, 1 Bathroom2BR,1BA$1,027

Best Value Apartments for Rent in Carolina North, NC

As of November 10, 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 The Wilson Apartments starting at $1,700 with a $1.83 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 ApartmentsThe Carolina3BR,1BA$1.83
West End Flats2 Bedroom, 2 Bathroom2BR,2BA$1.29
Berkshire 54Barrington R21BR,1BA$1.48
Union Chapel HillB22BR,2BA$1.87
Chateau Apartments1x1 Renovated1BR,1BA$1.58
Chapel ViewThe Franklin1BR,1BA$1.65
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.51
Estes Park - Students Save Up To 10%!Grove at Estes Park1BR,1BA$1.90
ShadowoodThe Oak1BR,1BA$1.90

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Pet Friendly Lifestyle
Carolina North, Chapel Hill, NC

Ranked #18

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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!

Getting Around the Carolina North Neighborhood in Chapel Hill, NC

Walk Score®

29 / 100

Car-Dependent

Most errands require a car

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

28 / 100

Some Transit

A few nearby public transportation options

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 $3,750.

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 64 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 $1,306 which is $2,444 cheaper than the average rent for all rentals in Carolina North.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.