
Cheap Homes for Rent in the Carolina North Neighborhood of Chapel Hill, NC from $550 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Carolina North area of Chapel Hill.


Room in Townhome on Philip's Square

Room in Townhome on Golden Gate Ln

Room in House on Hillsborough St

124 Fidelity St
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.

700 N Greensboro St

500 Umstead Dr

207 Ashley Forest Rd, Unit 207

137 Oak St, Unit 137 Oak St.

222 Ransom St
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.

875 M.L.K. Jr Blvd
Carolina North, Chapel Hill, NC Local Guide

How much does it cost to rent a home in Carolina North?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Carolina North 2 Bedroom Homes for Rent | $1,756 | $1,325 | $2,600 |
| Carolina North 3 Bedroom Homes for Rent | $2,822 | $2,000 | $5,200 |
| Carolina North 4 Bedroom Homes for Rent | $2,579 | $2,195 | $3,000 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Carolina North Neighborhood of Chapel Hill, NC.
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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 $1,030. 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 | $1,030 |
| Shadowood | The Oak | 1BR,1BA | $1,031 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1,049 |
| Estes Park - Students Save Up To 10%! | Grove at Estes Park | 1BR,1BA | $1,075 |
Best Value Apartments for Rent in Carolina North, NC
As of September 05, 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 $1,650 with a $1.10 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 | $1.10 |
| 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 | $1.29 |
| Berkshire 54 | Barington | 1BR,1BA | $1.24 |
| Chateau Apartments | One Bedroom | 1BR,1BA | $1.31 |
| Rise Chapel Hill | A1 Classic | 1BR,1BA | $1.81 |
| Chapel View | The Franklin | 1BR,1BA | $1.75 |
| Shadowood | The Oak | 1BR,1BA | $1.93 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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
Frequently Asked Questions about Carolina North
What type of rentals are currently available in Carolina North?
There are currently 70 Apartments for Rent in Carolina North, NC with pricing that ranges from $979 to $6,811. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Carolina North ranging from $550 to $5,200.
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 $550 to $5,200 with an average monthly rent of $2,094.
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 $1,395 to $6,811, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $5,200. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $1,310.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.