Cheap Homes for Rent in Carolina North Neighborhood of Chapel Hill, NC from $800 (8 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
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 371 Umstead Dr

371 Umstead Dr

Chapel HillNC27516
property at 400 Davie Rd

400 Davie Rd

CarrboroNC27510

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.

property at 500 Umstead Dr

500 Umstead Dr

Chapel HillNC27516

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 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 1 Bed unit found at Carolina Spring Senior Apartments priced from $849. Chateau Apartments - New has the second lowest priced unit, which is a 1 Bed 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 ApartmentsOne Bedroom1BR,1BA$849
Chateau Apartments - NewOne Bedroom One Bath Garden1BR,1BA$949
ShadowoodThe Oak1BR,1BA$961

Best Value Apartments for Rent in Carolina North, NC

As of September 14, 2025 the best value apartment in the Carolina North area is the $1.50 price per square foot B2 Model at LYV Chapel Hill in the in the Triple Crown Estates neighborhood starting from $1,525. 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.
LYV Chapel HillB22BR,2BA$1.50
The Wilson ApartmentsThe Carolina3BR,1BA$1.83
106 Fidelity/109 W Poplar2BR/1.0BA2BR,1BA$1.56
Berkshire 54Cranwell2BR,1BA$1.31
Union Chapel HillB22BR,2BA$1.87
Chateau Apartments - New1x1 Renovated1BR,1BA$1.31
1701 NorthHansborough1BR,1BA$1.80
West End Flats1 Bedroom, 1 Bathroom1BR,1BA$1.58
Carolina Spring Senior ApartmentsOne Bedroom1BR,1BA$1.51
ShadowoodThe Oak1BR,1BA$1.80

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 #19

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

decorative image of woman handing cat to small boy

Frequently Asked Questions about Carolina North

What type of rentals are currently available in Carolina North?

There are currently 61 Apartments for Rent in Carolina North, NC with pricing that ranges from $949 to $6,825. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carolina North ranging from $850 to $4,200.

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 $850 to $4,200 with an average monthly rent of $1,875.

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 $1,390 to $5,995, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,225.

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 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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.