Cheap Homes for Rent in Carolina North Neighborhood of Chapel Hill, NC from $600 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 500 Umstead Dr

500 Umstead Dr

Chapel HillNC27516
Showing Results 1-9, Page 1 of 1

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

Best Value Apartments for Rent in Carolina North, NC

As of November 11, 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
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
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

Quick 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.

decorative image of people with a giant lease agreement

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

decorative image of woman handing cat to small boy

Best Local Schools in
Carolina North, Chapel Hill, NC

School data provided by Great Schools

Frequently Asked Questions about Carolina North

What type of rentals are currently available in Carolina North?

There are currently 63 Apartments for Rent in Carolina North, NC with pricing that ranges from $849 to $7,236. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carolina North ranging from $650 to $6,300.

What is the current price range for Rental Homes in Carolina North?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Carolina North ranges from $650 to $6,300 with an average monthly rent of $3,643.

How much are larger Three and Four Bedroom Rentals in Carolina North?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Carolina North range from $1,110 to $6,562, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,750 to $3,900. Four Bedroom Single-Family rentals are also available starting from $2,600 and Four Bedroom Apartments start at $1,095.

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.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

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.